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PROPERTY, PLANT AND EQUIPMENT, NET
12 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 6 - PROPERTY, PLANT AND EQUIPMENT, NET

 

Property, plant and equipment, net consist of the following:

 

  

June 30,

2022

  

June 30,

2021

 
Vehicles  $20,000   $20,000 
Machinery and equipment   808,000    593,000 
Office equipment   1,574,000    1,027,000 
Furniture and Equipment   256,000    220,000 
Leasehold improvements   56,000    56,000 
Property, plant and equipment, gross   2,714,000    1,916,000 
Less: Accumulated depreciation   (1,136,000)   (560,000)
Total property, plant and equipment, net  $1,578,000   $1,356,000 

 

Depreciation expense was approximately $575,000 and $274,000, for the years ended June 30, 2022 and 2021, respectively, and is included in selling and administrative expenses in the accompanying consolidated statements of operations.