v3.25.2
Inventory
12 Months Ended
Jun. 30, 2024
Inventory  
Inventory

Note 4. Inventory

 

Inventory consisted of the following:

 

 

 

June 30,

2024

 

 

June 30,

2023

 

Raw materials

 

$465,535

 

 

$-

 

Finished goods

 

 

966,021

 

 

 

4,804,299

 

 

 

$1,431,556

 

 

$4,804,299

 

 

The Company writes off the value of inventory deemed excessive or obsolete. During the years ended June 30, 2024 and 2023, the Company wrote off inventory valued at $1,812,319 and $118,990, respectively.  The Company had inventory reserves at June 30, 2024 and 2023 of $605,470 and $154,400, respectively.