Intangible Assets (Details Narrative) - USD ($) |
12 Months Ended | ||
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Jun. 30, 2019 |
Jun. 30, 2018 |
Jul. 02, 2018 |
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Finite-lived unamortized amount | $ 7,332,950 | $ 12,247,196 | $ 12,247,196 |
Amortization expenses of intangible assets | 24,568,320 | 27,140,531 | |
Product Licenses [Member] | |||
Finite-lived unamortized amount | $ 7,332,950 | ||
Finite-lived intangible assets, amortization over period | 4 years 2 months 30 days | ||
Amortization expenses of intangible assets | $ 2,138,432 | $ 2,645,901 |
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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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- Details
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