A-Mark Precious Metals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment

Property, Plant, and Equipment

6 Months Ended

Dec. 31, 2020

Property Plant And Equipment [Abstract]

7.	PROPERTY, PLANT, AND EQUIPMENT

Property, plant, and equipment consists of the following at December 31, 2020 and June 30, 2020:

in thousands
	December 31, 2020			June 30, 2020
Office furniture, and fixtures	$	2,153		$	2,142
Computer equipment		943			900
Computer software		5,289			5,288
Plant equipment		4,198			3,450
Building		446			322
Leasehold improvements		2,804			2,804
Total depreciable assets		15,833			14,906
Less: Accumulated depreciation and amortization		(9,956	)		(9,267	)
Land		36			36
Property, plant, and equipment, net	$	5,913		$	5,675

Depreciation expense for the three months ended December 31, 2020 and 2019 was $342,000 and $412,000, respectively. Depreciation expense for the six months ended December 31, 2020 and 2019 was $689,000 and $827,000, respectively. For the periods presented, no depreciation or amortization expense was allocated to cost of sales.