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Property and Equipment net
12 Months Ended
Jun. 30, 2024
Property and Equipment net  
Property and Equipment, net

6. Property and Equipment, net

 

Property and equipment consist of the following:

 

 

 

Estimated Lives (Years)

 

 

June 30, 2024

 

 

June 30, 2023

 

Manufacturing equipment

 

5 - 10

 

 

$22,582,429

 

 

$22,296,320

 

Computer equipment and software

 

3 - 5

 

 

 

970,494

 

 

 

973,549

 

Furniture and fixtures

 

5

 

 

 

349,932

 

 

 

350,289

 

Leasehold improvements

 

5 - 10

 

 

 

8,964,714

 

 

 

2,742,344

 

Construction in progress

 

 

 

 

 

 

646,217

 

 

 

3,067,896

 

Total property and equipment

 

 

 

 

 

 

33,513,786

 

 

 

29,430,398

 

Less accumulated depreciation and amortization

 

 

 

 

 

 

(18,303,174)

 

 

(16,619,468)

Total property and equipment, net

 

 

 

 

 

$15,210,612

 

 

$12,810,930