Akoustis Technologies, Inc. General form of registration statement for all companies including face-amount certificate companies

Property and equipment (Tables)

3 Months Ended

11 Months Ended

Jun. 30, 2015

Mar. 31, 2015

Property and equipment consisted of the following:

		June 30,			March 31,
	Estimated Useful Life	2015			2015
Research and development equipment	3 – 10 years	$	70,091		$	66,095
Computer equipment	5 years		12,892			4,367
Furniture and fixtures	5 – 10 years		3,725			725
Leasehold improvements	39 years		3,240			—
			89,948			71,187
Less: Accumulated depreciation			(8,307	)		(5,675	)
Total		$	81,641		$	65,512

Property and equipment consisted of the following:

	March 31,
	2015
Research and development equipment	$	66,095
Computer equipment		4,367
Furniture and fixtures		725
		71,187
Less: Accumulated depreciation		(5,675	)
Total	$	65,512