Note 3 - Property and Equipment

12 Months Ended

Jun. 30, 2021

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

3. PROPERTY AND EQUIPMENT:

Property and equipment consist of the following:

	June 30, 2021			June 30, 2020
Machinery and equipment	$	2,222,670		$	2,222,670
Buildings and structures		401,470			401,470
Computers and office equipment		171,485			171,485
		2,795,625			2,795,625
Less accumulated depreciation		(2,795,084	)		(2,794,257	)
	$	541		$	1,368

As of

June 30, 2021,

the net book value of Kreider

1

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

June 30, 2021

and believes that

no

impairment exists.

Depreciation expense was

$827

and

$1,248

for the years ended

June 30, 2021

and

2020,

respectively.