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Fixed Assets
 9 Months Ended
Mar. 31, 2020
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     As of     As of  
    Useful     March 31,     June 30,  
    Lives in years     2020     2019  
                   
Manufacturing equipment     2 - 5     $ 389,000     $ 83,000  
Leasehold improvements     3       297,000       112,000  
Office equipment, furniture and other     2 - 5       392,000       315,000  
Lab equipment     3 - 5       90,000       90,000  
Software     3 - 5       339,000       -  
Less accumulated depreciation and amortization             (1,219,000 )     (396,000 )
                         
   Fixed assets, net           $ 288,000     $ 204,000  

 

Depreciation and amortization expense totaled $24,000 for each of the three-months ended March 31, 2020 and 2019, respectively, and $56,000 and $59,000 for the nine months ended March 31, 2020 and 2019.