Quarterly report pursuant to Section 13 or 15(d)

Property and equipment (Tables)

v3.7.0.1
Property and equipment (Tables)
 9 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
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.