Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.19.2
Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2019
Intangible Assets  
Schedule of Category the gross carrying value and accumulated amortization of intangible assets

The following table summarizes by category the gross carrying value and accumulated amortization of intangible assets (in thousands):

 

 

 

 

 

 

 

 

 

    

June 30, 

    

June 30, 

 

 

2019

 

2018

Intellectual property – gross carrying value

 

$

3,100

 

$

3,100

Patents – gross carrying value

 

 

2,560

 

 

2,484

 

 

 

5,660

 

 

5,584

Intellectual property – accumulated amortization

 

 

(2,399)

 

 

(2,243)

Patents – accumulated amortization

 

 

(1,887)

 

 

(1,721)

 

 

 

(4,286)

 

 

(3,964)

Net intangible assets

 

$

1,374

 

$

1,620

 

Schedule of Estimated annual amortization expenses for next five years and thereafter

The estimated annual amortization expense for the next five years and thereafter is as follows (in thousands):

 

 

 

 

 

For the Year Ending

    

 

 

June 30, 

 

 

 

2020

 

$

294

2021

 

 

273

2022

 

 

260

2023

 

 

245

2024

 

 

149

Thereafter

 

 

153

Total

 

$

1,374