PROPERTY AND EQUIPMENT, NET

12 Months Ended

Jun. 30, 2023

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET

(11) PROPERTY AND EQUIPMENT, NET

Property and equipment, net, consists of the following:

	June 30,			June 30,
	2023			2022
Office equipment	$	1,229,300		$	1,229,300
Laboratory equipment		1,177,868			1,038,610
Leasehold improvements		1,196,706			902,038
		3,603,874			3,169,948
Less: Accumulated depreciation and amortization		(2,918,964	)		(2,630,634	)
	$	684,910		$	539,314

Included in property and equipment, net as of June 30, 2023 is $309,791 in equipment under finance leases and $157,385 related accumulated amortization.