Note 3 - Property and Equipment

3 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

3.

     PROPERTY AND EQUIPMENT:

Property and equipment consists of the following:

	September 30, 2019			June 30, 2019
Machinery and equipment	$	2,222,670		$	2,222,670
Buildings and structures		401,470			401,470
Computers and office equipment		173,245			173,245
		2,797,385			2,797,385
Less accumulated depreciation		(2,795,116	)		(2,794,769	)
	$	2,269		$	2,616

As of

September 30, 2019,

the net book value of Kreider

1

was

zero

. Management has reviewed the remaining property and equipment for impairment as of

September 30, 2019

and believes that

no

impairment exists.

Depreciation expense was

$347

and

$436

for the

three

months ended

September 30, 2019

and

2018,

respectively.