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Goodwill and Intangible Assets (Tables)
3 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets  
Schdule Of goodwill

Goodwill at June 30, 2023

 

$5,854,905

 

Acquisition of Visimid

 

 

3,060,732

 

Goodwill at September 30, 2023

 

$8,915,637

 

Intangible Assets

 

 

Useful Lives (Years)

 

 

September 30,

2023

 

 

June 30,

2023

 

Customer relationships

 

 

15

 

 

$3,590,000

 

 

$3,590,000

 

Trade secrets

 

 

8

 

 

 

3,272,000

 

 

 

3,272,000

 

Trademarks

 

 

8

 

 

 

3,814,000

 

 

 

3,814,000

 

Total intangible assets

 

 

 

 

 

 

10,676,000

 

 

 

10,676,000

 

Less accumulated amortization

 

 

 

 

 

 

(7,624,556)

 

 

(7,343,285)

Total intangible assets, net

 

 

 

 

 

$3,051,444

 

 

$3,332,715

 

Schdule Of Intangible Assets Future Amortization

Fiscal year ending:

 

 

 

June 30, 2024 (remaining nine months)

 

$843,812

 

June 30, 2025

 

 

658,398

 

June 30, 2026

 

 

239,334

 

June 30, 2027

 

 

239,334

 

After June 30, 2027

 

 

1,070,566

 

 

 

$3,051,444