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Property and Equipment
9 Months Ended
Mar. 31, 2023
Property and Equipment  
Property And Equipment

5. Property and Equipment

 

Property and equipment are summarized as follows:

 

 

 

Estimated Lives

(Years)

 

 

March 31,

2023

 

 

June 30,

2022

 

Manufacturing equipment

 

5 - 10

 

 

$22,350,520

 

 

$22,058,636

 

Computer equipment and software

 

3 - 5

 

 

 

972,840

 

 

 

978,348

 

Furniture and fixtures

 

 

5

 

 

 

351,283

 

 

 

352,060

 

Leasehold improvements

 

5 - 7

 

 

 

2,693,316

 

 

 

3,043,867

 

Construction in progress

 

 

 

 

 

 

2,741,207

 

 

 

943,793

 

Total property and equipment

 

 

 

 

 

 

29,109,166

 

 

 

27,376,704

 

Less accumulated depreciation and amortization

 

 

 

 

 

 

(16,577,054)

 

 

(15,736,241)

Total property and equipment, net

 

 

 

 

 

$12,532,112

 

 

$11,640,463