Intangible Assets

6 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

6. Intangible Assets

The following table sets forth intangible assets as follows:

	December 31, 2016						June 30, 2016
	Gross						Gross
	Carrying		Accumulated		Net Book		Carrying		Accumulated		Net Book		Useful Life In
	Amount		Amortization		Value		Amount		Amortization		Value		Years
Trademarks	$	550,000	$	72,024	$	477,976	$	550,000	$	32,738	$	517,262	7
Acquired technologies		1,794,000		269,186		1,524,814		1,794,000		122,580		1,671,420	3-7
Total	$	2,344,000	$	341,210	$	2,002,790	$	2,344,000	$	155,318	$	2,188,682

Amortization expense was approximately $93,000 and $0, and $187,000 and $0 for the three and six months ended December 31, 2016 and 2015, respectively. Amortization expense for the next five fiscal years and thereafter is expected to be as follows:

June 30,
2017 remaining	$	186,114
2018		372,229
2019		372,229
2020		372,229
2021		317,729
Thereafter		382,260
	$	2,002,790