Intangible Assets (Details Narrative) - USD ($) |
12 Months Ended | |
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Jun. 30, 2016 |
Jun. 30, 2015 |
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Finite-lived unamortized amount | $ 19,674,033 | $ 22,815,467 |
Amortization expenses of intangible assets | 24,247,446 | 23,491,893 |
Product Licenses [Member] | ||
Finite-lived unamortized amount | $ 19,674,033 | |
Finite-lived intangible assets, amortization over period | 7 years 9 months | |
Amortization expenses of intangible assets | $ 2,765,018 | 4,448,735 |
Customer Lists [Member] | ||
Amortization expenses of intangible assets | 113,243 | |
Technology [Member] | ||
Amortization expenses of intangible assets | $ 110,681 |
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Remaining amortization period of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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