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Fixed Assets
9 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
Fixed Assets

Fixed assets are recorded at cost and, once placed in service, are depreciated on a straight-line basis over the estimated useful lives. Leasehold improvements are amortized over the shorter of the estimated economic life or related lease term. Fixed assets consist of the following:

 

   

Estimated

Useful Lives in years

   

As of March 31,

2019

   

As of June 30,

2018

 
                   
                   
Manufacturing equipment     2 - 5     $ 83,000     $ 213,000  
Leasehold improvements     3       112,000       112,000  
Office equipment, furniture and other     2 - 5       315,000       344,000  
Lab equipment     3 - 5       90,000       90,000  
Less accumulated depreciation and amortization             (381,000 )     (540,000 )
   Fixed assets, net           $ 219,000     $ 219,000  

 

 Depreciation and amortization expense was as follows:

  

    Three Months Ended March 31,     Nine Months Ended March 31,  
    2019     2018     2019     2018  
 Depreciation and amortization expense   $ 15,000     $ 91,000     $ 59,000     $ 252,000