Intangible Assets

12 Months Ended

Jun. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible Assets

Intangible assets consists of the following:

		June 30, 2013										June 30, 2012
Description	Amortization Period	Amount			Accumulated Amortization				Carrying Value			Amount			Accumulated Amortization				Carrying Value
WatchPoints Intellectual Property	36 months		$	4,209		$	(2,456	)		$	1,753		$	4,209		$	(1,052	)		$	3,157
Loyalize Capitalized Software	36 months		2,350			(1,110		)		1,240			2,350			(341		)		2,009
Internally Generated Capitalized Software	36 months		3,119			(1,190		)		1,929			2,747			(250		)		2,497
Loyalize Intellectual Property	24 months		80			(60		)		20			80			(20		)		60
Total			$	9,758		$	(4,816	)		$	4,942		$	9,386		$	(1,663	)		$	7,723

Amortization of intangible assets included in Selling, general and administrative expenses for the years ended June 30, 2013 and 2012 amounted to $3,167 and $1,663, respectively.  Future annual amortization expense expected is as follows:

Years Ending June 30,
2014	$	3,248
2015	1,694
2016	—
2017	—
2018	—