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Property and Equipment
3 Months Ended
Sep. 30, 2023
Property and Equipment  
Property and Equipment

Note 4. Property and Equipment

 

Property and equipment consist of the following:

 

 

 

September 30,

2023

 

 

June 30,

2023

 

Furniture and fixtures

 

$212,322

 

 

$172,663

 

Computer equipment

 

 

157,634

 

 

 

156,283

 

Internal use software

 

 

634,789

 

 

 

608,949

 

Manufacturing equipment

 

 

3,505,272

 

 

 

3,325,525

 

Leasehold improvements

 

 

75,010

 

 

 

-

 

Building

 

 

5,072,381

 

 

 

4,923,462

 

Vehicles

 

 

295,329

 

 

 

261,362

 

Property and equipment, gross

 

 

9,952,738

 

 

 

9,455,848

 

Less accumulated depreciation

 

 

(2,207,865 )

 

 

(1,921,780 )

 

 

$7,744,873

 

 

$7,526,463

 

 

Depreciation expense for the three months ended September 30, 2023 and 2022 was $286,084 and $194,497, respectively.