Flux Power Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 4 - PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment, net consist of the following at June 30, 2015 and 2014:

	2015		2014
Vehicles	$	1,000	$	48,000
Machinery and equipment		66,000		60,000
Office equipment		105,000		86,000
Furniture and Equipment		34,000		34,000
		206,000		228,000
Less: Accumulated depreciation		(140,000)		(150,000)
Property, plant and equipment, net	$	66,000	$	78,000

Depreciation expense was approximately $32,000 and $55,000, for fiscal 2015 and 2014, respectively, and is included in selling and administrative expenses in the accompanying condensed consolidated statements of operations.