Intangible Assets (Details Narrative) - USD ($) |
3 Months Ended | 6 Months Ended | 12 Months Ended | ||
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Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Jun. 30, 2016 |
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Finite-lived unamortized amount | $ 18,423,439 | $ 18,423,439 | $ 19,674,033 | ||
Amortization expenses of intangible assets | 25,556,101 | $ 24,247,446 | |||
Product Licenses [Member] | |||||
Finite-lived unamortized amount | 18,423,439 | $ 18,423,439 | |||
Finite-lived intangible assets, amortization over period | 7 years 3 months | ||||
Amortization expenses of intangible assets | $ 687,571 | $ 686,866 | $ 1,388,237 | $ 1,388,384 |
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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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- Details
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