5. Intellectual Property

6 Months Ended

Dec. 31, 2012

Intellectual Property

5. Intellectual Property

		December 31, 2012							June 30, 2012
Description	Amortization Period	Amount		Accumulated Amortization			Carrying Value		Amount		Accumulated Amortization			Carrying Value
Intellectual Property	36 months	$	4,209	$	(1,754	)	$	2,455	$	4,209	$	(1,052	)	$	3,157
Intellectual Property	24 months		80		(40	)		40		80		(20	)		60
Total		$	4,289	$	(1,794	)	$	2,495	$	4,289	$	(1,072	)	$	3,217

Amortization of intellectual property charges to selling, general and administrative expenses for the three and six months ended December 31, 2012 amounted to $361 and $722, respectively.  Amortization of intellectual property charges to selling, general and administrative expenses for the three and six months ended December 31, 2011 amounted to $351 and $351, respectively.  Future annual amortization expense expected is as follows:

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