Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v2.4.0.8
Intangible Assets (Tables)
 12 Months Ended
Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
The following table summarizes by category the gross carrying value and accumulated amortization of intangible assets (in thousands):
 
 
 
June 30,
2014
 
June 30,
2013
 
Intellectual property – gross carrying value
 
$
3,100
 
$
3,100
 
Patents – gross carrying value
 
 
2,068
 
 
1,869
 
 
 
 
5,168
 
 
4,969
 
Intellectual property – accumulated amortization
 
 
(1,621)
 
 
(1,465)
 
Patents – accumulated amortization
 
 
(972)
 
 
(791)
 
 
 
 
(2,593)
 
 
(2,256)
 
Net intangible assets
 
$
2,575
 
$
2,713
 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The estimated annual amortization expense for the next five years and thereafter is as follows (in thousands):
 
For the Year Ending
June 30,
 
 
 
 
2015
 
$
360
 
2016
 
 
346
 
2017
 
 
332
 
2018
 
 
305
 
2019
 
 
270
 
Thereafter
 
 
962
 
Total
 
$
2,575