Note 3 - Property and Equipment

3 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

3. PROPERTY AND EQUIPMENT:

Property and equipment consist of the following:

	September 30, 2020			June 30, 2020
Machinery and equipment	$	2,222,670		$	2,222,670
Buildings and structures		401,470			401,470
Computers and office equipment		171,485			171,485
		2,795,625			2,795,625
Less accumulated depreciation		(2,794,464	)		(2,794,257	)
	$	1,161		$	1,368

As of

September 30, 2020,

the net book value of Kreider

1

was zero. Management has reviewed the remaining property and equipment for impairment as of

September 30, 2020

and believes that

no

impairment exists.

Depreciation expense was

$207

and

$347

for the

three

months ended

September 30, 2020

and

2019,

respectively.