v3.26.3
EQUIPMENT, PROPERTY, FINANCE LEASE, AND LEASEHOLD IMPROVEMENTS, NET
12 Months Ended
Jun. 30, 2026
EQUIPMENT, PROPERTY, FINANCE LEASE, AND LEASEHOLD IMPROVEMENTS, NET  
EQUIPMENT, PROPERTY, FINANCE LEASE, AND LEASEHOLD IMPROVEMENTS, NET

NOTE 5. EQUIPMENT, PROPERTY, FINANCE LEASE, AND LEASEHOLD IMPROVEMENTS, NET

 

Equipment, property and leasehold improvements at June 30, 2026 and 2025 consisted of the following: 

 

 

 

 

 

 

 

 

Estimated

 

 

 

2026

 

 

2025

 

 

Useful Life

 

Factory equipment

 

$4,513

 

 

$4,465

 

 

2-10 years

 

Computer equipment and software

 

 

829

 

 

 

764

 

 

5-7 years

 

Office equipment and furniture

 

 

181

 

 

 

181

 

 

5-7 years

 

Leasehold improvements

 

 

475

 

 

 

475

 

 

10 years

 

Subtotal

 

 

5,998

 

 

 

5,885

 

 

 

 

Accumulated depreciation

 

 

(4,639)

 

 

(4,305)

 

 

 

Equipment and leasehold improvements, net

 

$1,359

 

 

$1,580

 

 

 

 

 

Depreciation expense was $351,510 and $428,147 for the years ended June 30, 2026 and 2025, respectively.