Property and Equipment

3 Months Ended

Sep. 30, 2021

Property and Equipment

Note 4 . Property and Equipment

Note 4. Property and Equipment

Property and equipment consist of the following:

	September 30, 2021			June 30, 2021
Furniture and fixtures	$	20,173		$	20,173
Computer equipment		63,912			62,430
Manufacturing equipment		1,867,509			1,867,509
Leasehold improvements		920,929			764,225
Vehicles		98,859			98,859
Property and equipment, gross		2,971,382			2,813,196
Less accumulated depreciation		(631,343	)		(515,990	)
		2,340,039			2,297,206
Deposits on equipment		553,146			583,194
Property and equipment, net	$	2,893,185		$	2,832,400

During the three months ended September 30, 2020, the Company sold manufacturing equipment with a carrying value of $70,292 for cash proceeds of $64,000 which resulting in a loss on the disposal of $6,292.

Depreciation expense for the three months ended September 30, 2021 and 2020 was $115,353 and $70,027, respectively.