Note 3 - Intangible Assets, net

6 Months Ended

Dec. 31, 2012

Intangible Assets Disclosure [Text Block]

Note 3. Intangible Assets, net

Intangible assets consist of trade names, license fees, and unpatented technology. The carrying amount of intangible assets, net is as follows as of:

	December 31, 2012						June 30, 2012
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Trade names and patents	$	1,525	$	701	$	824	$	1,525	$	663	$	862
Unpatented technology		547		440		107		547		420		127
License agreement		347		193		154		347		182		165
Total	$	2,419	$	1,334	$	1,085	$	2,419	$	1,265	$	1,154

Amortization expense recorded on intangible assets for each of the three and six months ended December 31, 2012 and 2011 was $34 and $69, respectively.  Amortization expense is recorded on the straight-line method over periods ranging from 10 years to 20 years based on contractual or estimated lives and is included in selling and administrative expenses.

The estimated annual amortization expense for intangible assets for the five succeeding fiscal years is as follows:

Year Ending June 30,		Amortization Expense
2013, remaining	$	68
2014		137
2015		137
2016		104
2017		97
2018		97
Thereafter		445
Total	$	1,085