Annual report pursuant to Section 13 and 15(d)

Note 8 - Intangible Assets (Tables)

v2.4.0.8
Note 8 - Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2014
Disclosure Text Block [Abstract]  
Schedule of Intangible Assets and Goodwill [Table Text Block]
   
Product Licenses
   
Customer Lists
   
Technology
   
Total
 
 Intangible assets - June 30, 2012 - cost
  $ 42,072,047     $ 6,052,377     $ 242,702     $ 48,367,126  
 Additions
    4,669,512       -       -       4,669,512  
 Effect of translation adjustment
    (1,904,001 )     -       -       (1,904,001 )
 Accumulated amortization
    (15,727,599 )     (5,867,437 )     (84,947 )     (21,679,983 )
     Net balance - June 30, 2013
  $ 29,109,959     $ 184,940     $ 157,755     $ 29,452,654  
                                 
 Intangible assets - June 30, 2013 - cost
  $ 44,837,558     $ 6,052,378     $ 242,702     $ 51,132,638  
 Additions
    3,385,151       -       -       3,385,151  
 Deletion
    (591,216 )                     (591,216 )
 Effect of translation adjustment
    1,000,875       -       -       1,000,875  
 Accumulated amortization
    (20,050,310 )     (5,940,633 )     (133,487 )     (26,124,430 )
     Net balance - June 30, 2014
  $ 28,582,058     $ 111,745     $ 109,215     $ 28,803,018  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
 Year ended
     
 June 30, 2015
  $ 3,713,947  
 June 30, 2016
    3,289,184  
 June 30, 2017
    3,215,520  
 June 30, 2018
    3,190,976  
 June 30, 2019
    3,190,976  
 Thereafter
    12,202,415  
    $ 28,803,018