Property and Equipment, net

12 Months Ended

Jun. 30, 2018

Property, Plant and Equipment [Abstract]

Property and Equipment, net

Property and equipment consist of the following:

	Estimated		June 30,		June 30,
	Life (Years)		2018		2017
Manufacturing equipment	5 - 10	$	16,534,124	$	13,804,964
Computer equipment and software	3 - 5		513,681		375,775
Furniture and fixtures	5		199,872		112,307
Leasehold improvements	5 - 7		1,350,482		1,228,797
Construction in progress			954,317		709,571
Total property and equipment			19,552,476		16,231,414
Less accumulated depreciation and amortization			7,743,235		5,906,856
Total property and equipment, net		$	11,809,241	$	10,324,558

During fiscal 2015, we extended the term of our Orlando lease and received a tenant improvement allowance from the landlord of $420,014. This allowance was used to construct improvements and was recorded as leasehold improvements and deferred rent liability. It is being amortized over the corresponding lease term.