Note 5 - Property, Plant and Equipment

9 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

NOTE 5. PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following as of March 31, 2023 and June 30, 2022:

	March 31,			June 30,
	2023			2022
Plant and equipment	$	1,957,622		$	1,905,921
Furniture and office equipment		276,975			254,616
Land and building		561,987			590,662
Vehicles		359,383			363,295
Solar energy system		138,731			138,030
Total property, plant and equipment, gross		3,294,698			3,252,524
Accumulated depreciation		(2,006,277	)		(1,860,630	)
Total property, plant and equipment, net	$	1,288,421		$	1,391,894

For the three and nine months ended March 31, 2023 depreciation expense for property, plant and equipment totaled $50,587 and $147,818, respectively, as compared to $59,145 and $187,978 for the three and nine months ended March 31, 2022.