5. Intellectual Property (Tables)

3 Months Ended

Sep. 30, 2012

Intellectual Property Tables

Schedule of Intellectual Property

 Intellectual Property

		September 30, 2012										June 30, 2012
Description	Amortization Period	Amount			Accumulated Amortization				Carrying Value			Amount			Accumulated Amortization				Carrying Value
Intellectual Property	36 months		$	4,209		$	(1,403	)		$	2,806		$	4,209		$	(1,052	)		$	3,157
Intellectual Property	24 months			80			(30	)			50			80			(20	)			60
Total			$	4,289		$	(1,433	)		$	2,856		$	4,289		$	(1,072	)		$	3,217

Future annual amortization expense

Future annual amortization expense expected is as follows:

Years Ending June 30,
2013	$	1,443
2014		1,423
2015		351
2016		—
2017		—