Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.7.0.1
Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2017
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,
2017
 
June 30,
2016
 
Intellectual property – gross carrying value
 
$
3,100
 
$
3,100
 
Patents – gross carrying value
 
 
2,346
 
 
2,265
 
 
 
 
5,446
 
 
5,365
 
Intellectual property – accumulated amortization
 
 
(2,088)
 
 
(1,932)
 
Patents – accumulated amortization
 
 
(1,535)
 
 
(1,341)
 
 
 
 
(3,623)
 
 
(3,273)
 
Net intangible assets
 
$
1,823
 
$
2,092
 
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,
 
 
 
 
2018
 
$
335
 
2019
 
 
305
 
2020
 
 
273
 
2021
 
 
252
 
2022
 
 
238
 
Thereafter
 
 
420
 
Total
 
$
1,823