Annual report pursuant to Section 13 and 15(d)

Note 5 - Property, Plant and Equipment

v3.7.0.1
Note 5 - Property, Plant and Equipment
12 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
NOTE
5
- PROPERTY, PLANT AND EQUIPMENT
 
Property, plant and equipment, net consist of the fol
lowing:
 
   
June 30,
201
7
   
June 30,
201
6
 
Vehicles
  $
1,000
    $
1,000
 
Machinery and equipment
   
84,000
     
71,000
 
Office equipment
   
133,000
     
105,000
 
Furniture and Equipment
   
36,000
     
34,000
 
Leasehold improvements
   
10,000
     
-
 
     
264,000
     
211,000
 
Less: Accumulated depreciation
   
(205,000
)
   
(165,000
)
Property, plant and equipment, net
  $
59,000
    $
46,000
 
 
Depreciation expense was approximately $
40,000
and
$25,000,
for the years ended
June 30, 2017
and
2016,
respectively, and is included in selling and administrative expenses in the accompanying consolidated statements of operations.