Annual report pursuant to Section 13 and 15(d)

Fixed Assets (Tables)

v3.10.0.1
Fixed Assets (Tables)
12 Months Ended
Jun. 30, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]
The following is a summary of fixed assets and accumulated depreciation:
 
 
 
Useful
 
 
 
 
 
 
 
 
Life
 
June 30, 2018
 
 
June 30, 2017
 
Furniture and fixtures
 
5 - 7 years
 
$
118,450
 
 
$
118,450
 
Lab equipment
 
3 - 15 years
 
 
738,415
 
 
 
3,946,040
 
Leasehold Improvements
 
5 - 7 years
 
 
29,296
 
 
 
3,247,038
 
 
 
 
 
 
886,161
 
 
 
7,311,528
 
Less: accumulated depreciation and amortization
 
 
 
 
(517,787
)
 
 
(1,986,127
)
 
 
 
 
$
368,374
 
 
$
5,325,401