XML 28 R17.htm IDEA: XBRL DOCUMENT v3.10.0.1
Other income (Notes)
6 Months Ended
Dec. 31, 2018
Other Income and Expenses [Abstract]  
Other Income and Other Expense Disclosure [Text Block]
Other Income

The other income of $11,122 during the six-month period ended December 30, 2018 is due to the proceeds from insurance claims after the loss of shipment.

On October 2, 2017 Escalon and Modernizing Medicine Inc. (“MMI”) entered into a Source Code Software Licensing Agreement . The Agreement provided MMI a non-exclusive perpetual license to the source code of Escalon’s proprietary image management software (“AXIS source code”) for a one-time payment of $500,000. MMI continues to be an authorized reseller of the AXIS product.