Note 3 - Intangible Assets, Net

9 Months Ended

Mar. 31, 2014

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:

	March 31, 2014						June 30, 2013
	Gross Carrying		Accumulated				Gross Carrying		Accumulated
	Amount		Amortization		Net		Amount		Amortization		Net
Trade names	$	1,525	$	796	$	729	$	1,525	$	739	$	786
Unpatented technology		547		490		57		547		460		87
License agreement		347		219		128		347		203		144
Total	$	2,419	$	1,505	$	914	$	2,419	$	1,402	$	1,017

Amortization expense recorded on intangible assets for each of the three and nine months ended March 31, 2014 and 2013 was $34 and $103, 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	Amortization
June 30,	Expense
2014, remaining	$	34
2015		137
2016		104
2017		97
2018		97
2019		97
Thereafter		348
Total	$	914