Post-effective amendment to a registration statement that is not immediately effective upon filing

Intangible assets (Tables)

v3.6.0.2
Intangible assets (Tables)
 3 Months Ended 12 Months Ended
Sep. 30, 2016
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]    
Schedule of intangibles assets

The Company’s intangible assets consisted of the following:

 

    Estimated 
useful life		   September 30, 2016     June 30, 2016  
Patents   15 years   $ 88,286     $ 74,562  
Less: Accumulated amortization         (6,239 )     (4,889 )
Subtotal         82,047       69,673  
Trademarks   —     1,560       1,560  
Intangible assets, net       $ 83,607     $ 71,233  

The Company’s intangible assets consisted of the following:

 

    Estimated 
useful life		   June 30, 2016     June 30, 
2015		     March 31, 
2016		     March 31, 
2015		  
Patents   15 years   $ 74,562     $ 31,067     $ 62,847     $ 26,450  
Less: Accumulated amortization         (4,889 )     (1,550 )     (3,758 )     (1,044 )
Subtotal         69,673       29,517       59,089       25,406  
Trademarks   —     1,560       1,560       1,560       1,560  
Intangible assets, net       $ 71,233     $ 31,077     $ 60,649     $ 26,966  
Schedule of estimated future annual amortization expense

The following table outlines estimated future annual amortization expense for the next five years and thereafter:

 

September 30,      
2017   $ 5,836  
2018     5,836  
2019     5,836  
2020     5,836  
2021     5,836  
Thereafter     52,867  
    $ 82,047  

The following table outlines estimated future annual amortization expense for the next five years and thereafter:

 

June 30,        
2017   $ 4,921  
2018     4,921  
2019     4,921  
2020     4,921  
2021     4,921  
Thereafter     45,068  
    $ 69,673