6. Property and Equipment

12 Months Ended

Jun. 30, 2022

6. Property and Equipment

Property and Equipment

6. Property and Equipment

			As of June 30,
	Useful Lives (Years)		2022		2021
Automobiles		5	$	22,000	$	22,000
Computer equipment		3-5		327,700		233,500
Machinery and equipment		3-7		1,364,900		1,047,600
Furniture and fixtures		4-10		105,200		148,800
Leasehold improvements		3-10		268,900		64,400
				2,088,700		1,516,300
Less accumulated depreciation			$	1,083,100	$	1,103,700
Property and Equipment, Net			$	1,005,600	$	412,600

Depreciation expense was $145,300 and $104,600 for the years ended June 30, 2022 and 2021, respectively.

During the years ending June 30, 2022 and 2021, the Company wrote off fully depreciated property and equipment assets for the cost amount of $164,600 and $0, respectively, and for the accumulated depreciated amount of $164,600 and $0, respectively.