Property and Equipment

6 Months Ended

Dec. 31, 2022

Property and Equipment

Property and Equipment

Note 4. Property and Equipment

Property and equipment consist of the following:

	December 31, 2022			June 30, 2022
Furniture and fixtures	$	170,661		$	51,273
Computer equipment		130,507			103,615
Manufacturing equipment		3,136,286			1,002,796
Leasehold improvements		90,245			2,144,341
Building		4,876,133			4,656,435
Vehicles		261,362			253,229
Property and equipment, gross		8,665,194			8,211,689
Less accumulated depreciation		(1,433,790	)		(867,906	)
	$	7,231,404		$	7,343,783

Depreciation expense for the three months ended December 31, 2022, and 2021 was $242,551 and $159,073, respectively. 

Depreciation expense for the six months ended December 31, 2022, and 2021 was $437,048 and $246,579, respectively.