Property and Equipment, Net

12 Months Ended

Jun. 30, 2024

Property and Equipment, Net [Abstract]

Property and Equipment, Net

8. Property and Equipment, Net

Property and equipment, net, consist of the following at:

	June 30, 2024			June 30, 2023
Equipment	$	8,217		$	-
Vehicles		-			-
Furniture and fixtures		-			-
Leasehold improvements		3,481			1,260
Total		11,698			1,260
Less: accumulated depreciation		(1,126	)		(63	)
Total property and equipment, net	$	10,572		$	1,197

Depreciation expense related to property and equipment was $1,063 and $63 for the years ended June 30, 2024 and 2023, respectively.