Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.5.0.2
Intangible Assets (Tables)
 12 Months Ended
Jun. 30, 2016
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,
2016
 
June 30,
2015
 
Intellectual property – gross carrying value
 
$
3,100
 
$
3,100
 
Patents – gross carrying value
 
 
2,265
 
 
2,181
 
 
 
 
5,365
 
 
5,281
 
Intellectual property – accumulated amortization
 
 
(1,932)
 
 
(1,776)
 
Patents – accumulated amortization
 
 
(1,341)
 
 
(1,145)
 
 
 
 
(3,273)
 
 
(2,921)
 
Net intangible assets
 
$
2,092
 
$
2,360
 
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,
 
 
 
 
2017
 
$
345
 
2018
 
 
327
 
2019
 
 
297
 
2020
 
 
265
 
2021
 
 
244
 
Thereafter
 
 
614
 
Total
 
$
2,092