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Property and Equipment, net
 12 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

Property and equipment consist of the following:

 

   Estimated  June 30,  June 30,
   Lives (Years)  2020  2019
Manufacturing equipment   5 - 10    $18,444,448   $17,412,136 
Computer equipment and software   3 - 5     801,625    706,840 
Furniture and fixtures   5    321,418    293,582 
Leasehold improvements   5 - 7     2,171,388    2,074,069 
Construction in progress        1,274,880    697,126 
Total property and equipment        23,013,759    21,183,753 
Less accumulated depreciation and amortization        (11,214,698)   (9,452,669)
Total property and equipment, net       $11,799,061   $11,731,084 

  

During fiscal 2015, the Company extended the term of its Orlando lease and received a tenant improvement allowance from the landlord of $420,014. During fiscal 2019, the Company received a tenant improvement allowance from the landlord related to the new portion of the Orlando facility in the amount of $309,450. These allowances were used to construct improvements and were initially recorded as leasehold improvements and deferred rent liability. The balances are being amortized over the corresponding lease terms, and are included in leasehold improvements and operating lease liabilities as of June 30, 2020.