Property and Equipment

12 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 5 - Property and Equipment

Property and equipment consist of the following as of June 30, 2022 and 2021:

	June 30,			June 30,
	2023			2022
Leasehold improvement	$	2,000		$	2,000
Furniture		27,000			27,000
Office equipment		2,000			2,000
Equipment		306,000			306,000
Systems		187,000			187,000
		524,000			524,000
Less: accumulated depreciation and amortization		(523,000	)		(520,000	)
Property and equipment, net	$	1,000		$	4,000

Depreciation expense for the years ended June 30, 2023 and 2022 amounted to $3,000 and $0, respectively and was recorded as part of General and Administrative expenses in the accompanying Consolidated Statements of Operations.

In June 2022, the Company determined to cease further development and construction of certain testing equipment and a result, the Company wrote-down certain capitalized equipment costs of $178,000.