| Schedule of property and equipment |
Property and equipment consisted of
the following:
| |
|
Estimated
Useful Life |
|
March 31,
2017 |
|
|
June 30,
2016 |
|
| Research and development equipment |
|
3 – 10 years |
|
$ |
768,923 |
|
|
$ |
226,372 |
|
| Computer equipment |
|
5 years |
|
|
16,783 |
|
|
|
16,783 |
|
| Furniture and fixtures |
|
5 – 10 years |
|
|
3,725 |
|
|
|
3,725 |
|
| Leasehold improvements |
|
* |
|
|
3,240 |
|
|
|
3,240 |
|
| |
|
|
|
|
792,671 |
|
|
|
250,120 |
|
| Less: Accumulated depreciation |
|
|
|
|
(104,509 |
) |
|
|
(43,135 |
) |
| Total |
|
|
|
$ |
688,162 |
|
|
$ |
206,985 |
|
(*) Amortized on a straight-line basis
over the term of the lease or the estimated useful lives, whichever is shorter.
|
Property
and equipment consisted of the following:
| |
|
Estimated
Useful Life |
|
June 30,
2016 |
|
|
June 30,
2015 |
|
|
March 31,
2016 |
|
|
March 31,
2015 |
|
| Research
and development equipment |
|
3
– 10 years |
|
$ |
226,372 |
|
|
$ |
70,091 |
|
|
$ |
192,672 |
|
|
$ |
66,095 |
|
| Computer equipment |
|
5
years |
|
|
16,783 |
|
|
|
12,892 |
|
|
|
14,983 |
|
|
|
4,367 |
|
| Furniture and fixtures |
|
5
– 10 years |
|
|
3,725 |
|
|
|
3,725 |
|
|
|
3,725 |
|
|
|
725 |
|
| Leasehold
improvements |
|
* |
|
|
3,240 |
|
|
|
3,240 |
|
|
|
3,240 |
|
|
|
— |
|
| |
|
|
|
|
250,120 |
|
|
|
89,948 |
|
|
|
214,620 |
|
|
|
71,187 |
|
| Less:
Accumulated depreciation |
|
|
|
|
(43,135 |
) |
|
|
(8,307 |
) |
|
|
(31,710 |
) |
|
|
(5,675 |
) |
| Total |
|
|
|
$ |
206,985 |
|
|
$ |
81,641 |
|
|
$ |
182,910 |
|
|
$ |
65,512 |
|
(*)
Amortized on a straight-line basis over the term of the lease or the estimated useful lives, whichever period is shorter.
|