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Property and Equipment
 6 Months Ended
Dec. 31, 2023
Property and Equipment  
Property And Equipment

6. Property and Equipment

 

Property and equipment are summarized as follows:

 

 

 

Estimated Lives (Years)

 

 

December 31, 2023

 

 

June 30, 2023

 

Manufacturing equipment

 

5 - 10

 

 

$22,721,329

 

 

$22,296,320

 

Computer equipment and software

 

3 - 5

 

 

 

1,009,206

 

 

 

973,549

 

Furniture and fixtures

 

5

 

 

 

363,284

 

 

 

350,289

 

Leasehold improvements

 

5 - 7

 

 

 

8,818,074

 

 

 

2,742,344

 

Construction in progress

 

 

 

 

 

 

1,399,078

 

 

 

3,067,896

 

Total property and equipment

 

 

 

 

 

 

34,310,971

 

 

 

29,430,398

 

Less accumulated depreciation and amortization

 

 

 

 

 

 

(17,949,922)

 

 

(16,619,468)

Total property and equipment, net

 

 

 

 

 

$16,361,049

 

 

$12,810,930