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Note 3 - Intangible Assets, net
3 Months Ended
Sep. 30, 2013
Disclosure Text Block [Abstract]  
Intangible Assets Disclosure [Text Block]

Note 3. Intangible Assets, net 


Intangible assets consist of trade names, license fees from the Branded Proprietary Products Segment, and unpatented technology from the Other Nutraceutical Businesses Segment. The carrying amount of intangible assets, net is as follows as of:


    September 30, 2013     June 30, 2013  
   

Gross Carrying

Amount

   

Accumulated

Amortization

   

Net

   

Gross Carrying

Amount

   

Accumulated

Amortization

   

Net

 
                                                 

Trade names

  $ 1,525     $ 758     $ 767     $ 1,525     $ 739     $ 786  

Unpatented technology

    547       470       77       547       460       87  

License agreement

    347       208       139       347       203       144  

Total

  $ 2,419     $ 1,436     $ 983     $ 2,419     $ 1,402     $ 1,017  

Amortization expense recorded on intangible assets for the three months ended September 30, 2013 and 2012 was $34 and $35, 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

 
         

2014, remaining

  $ 103  

2015

    137  

2016

    104  

2017

    97  

2018

    97  

2019

    97  

Thereafter

    348  

Total

  $ 983