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PROPERTY AND EQUIPMENT
9 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 — PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following:

  

         
   Useful Life  March 31, 2024  June 30, 2023
Lab Equipment and Instruments   4-7   $617,882   $576,298 
Leasehold Improvements   10    224,629    224,629 
Furniture, Fixtures and Equipment   4-7    194,398    172,861 
Total        1,036,909    973,788 
Less Accumulated Depreciation        (547,994)   (464,799)
Net Property and Equipment       $488,915   $508,989 

  

Depreciation expense amounted to $29,526 and $83,203 for the three and nine months ended March 31, 2024, respectively, and $26,662 and $80,915 for the three and nine months ended March 31, 2023, respectively.