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PROPERTY AND EQUIPMENT
12 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following at June 30, 2024 and 2023:

 

           
    Useful Life   June 30, 2024   June 30, 2023
Lab equipment and instruments     4-7     $ 639,998     $ 576,298  
Leasehold improvements     10       224,629       224,629  
Furniture, fixtures, and equipment     4-7       195,834       172,861  
Total             1,060,461       973,788  
Less accumulated depreciation             (578,340 )     (464,799 )
Net Property and Equipment           $ 482,121     $ 508,989  

 

Depreciation expense amounted to $113,563 and $107,321 for the years ended June 30, 2024 and 2023, respectively.