Note 3 - Intangible Assets, net

9 Months Ended

Mar. 31, 2013

Intangible Assets Disclosure [Text Block]

Note 3. Intangible Assets, net

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

	March 31, 2013						June 30, 2012
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Trade names	$	1,525	$	720	$	805	$	1,525	$	663	$	862
Unpatented technology		547		450		97		547		420		127
License agreement		347		198		149		347		182		165
Total	$	2,419	$	1,368	$	1,051	$	2,419	$	1,265	$	1,154

Amortization expense recorded on intangible assets for the three and nine months ended March 31, 2013 and 2012 was $34 and $103 and $37 and $106, respectively.  Amortization expense is recorded on the straight-line basis 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	$	34
2014		137
2015		137
2016		104
2017		97
2018		97
Thereafter		445
Total	$	1,051