Quarterly report pursuant to Section 13 or 15(d)

Plant, Property and Equipment

v3.10.0.1
Plant, Property and Equipment
 3 Months Ended
Sep. 30, 2018
Property, Plant and Equipment [Abstract]  
Plant, Property and Equipment
PLANT, PROPERTY AND EQUIPMENT
Plant, property and equipment consists of the following at September 30, 2018 and June 30, 2018:
in thousands
 
 
 
 
 
 
 
September 30, 2018
 
June 30, 2018
 
Office furniture, and fixtures
 
$
2,056

 
$
2,056

 
Computer equipment
 
757

 
757

 
Computer software
 
3,471

 
3,471

 
Plant equipment
 
2,821

 
2,701

 
Building
 
315

 
315

 
Leasehold improvements
 
2,798

 
2,796

 
Total depreciable assets
 
12,218

 
12,096

 
Less: accumulated depreciation
 
(6,043
)
 
(5,597
)
 
Property and equipment not placed in service
 
1,483

 
1,483

 
Land
 
36

 
36

 
Plant, property and equipment, net
 
$
7,694

 
$
8,018

 

Depreciation expense for the three months ended September 30, 2018 and 2017 was $445,000 and $374,000, respectively.