Acquired Intangible Assets

9 Months Ended

Mar. 31, 2013

Acquired Intangible Assets [Abstract]

Acquired Intangible Assets

ACQUIRED INTANGIBLE ASSETS

	As of March 31, 2013
	Cost		Accumulated Amortization			Net
Technology Assets	$	552,508	$	(379,548	)	$	172,960
Customer Assets	501,076		(276,882		)	224,194
Total	$	1,053,584	$	(656,430	)	$	397,154
	As of June 30, 2012
	Cost		Accumulated Amortization			Net
Technology Assets	$	473,008	$	(309,517	)	$	163,491
Customer Assets	374,396		(225,324		)	149,072
Total	$	847,404	$	(534,841	)	$	312,563

The weighted average amortization period for acquired technology and customer intangible assets is approximately six years and seven years, respectively.

The following table shows the estimated future amortization expense for the fiscal years indicated below. This calculation assumes no future adjustments to acquired intangible assets:

	Fiscal years ending June  30,
2013 (three months ended June 30)	$	40,607
2014	105,131
2015	81,433
2016	56,483
2017 and beyond	113,500
Total	$	397,154