Note 3 - Intangible Assets, Net

6 Months Ended

Dec. 31, 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:

	December 31, 2013						June 30, 2013
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Trade names and patents	$	1,525	$	777	$	748	$	1,525	$	739	$	786
Unpatented technology		547		480		67		547		460		87
License agreement		347		214		133		347		203		144
Total	$	2,419	$	1,471	$	948	$	2,419	$	1,402	$	1,017

Amortization expense recorded on intangible assets for each of the three and six months ended December 31, 2013 and 2012 was $34 and $69, 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	$	68
2015		137
2016		104
2017		97
2018		97
2019		97
Thereafter		348
Total	$	948