Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment

v3.22.4
Property, Plant, and Equipment
 6 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment

8. PROPERTY, PLANT, AND EQUIPMENT

Property, plant, and equipment consists of the following at December 31, 2022 and June 30, 2022:

in thousands

 

 

 

 

 

 

 

 

December 31,
2022

 

 

June 30,
2022

 

Computer software

 

$

6,293

 

 

$

6,519

 

Plant equipment

 

 

7,295

 

 

 

6,328

 

Leasehold improvements

 

 

3,994

 

 

 

3,863

 

Office furniture, and fixtures

 

 

2,691

 

 

 

2,536

 

Computer equipment

 

 

1,540

 

 

 

1,595

 

Building

 

 

634

 

 

 

509

 

Total depreciable assets

 

 

22,447

 

 

 

21,350

 

Less: Accumulated depreciation and amortization

 

 

(12,347

)

 

 

(11,932

)

Property and equipment not placed in service

 

 

1,092

 

 

 

391

 

Land

 

 

406

 

 

 

36

 

Property, plant, and equipment, net

 

$

11,598

 

 

$

9,845

 

Property, plant and equipment depreciation and amortization expense for the three months ended December 31, 2022 and 2021 was $0.5 million and $0.4 million, respectively. Property, plant and equipment depreciation and amortization expense for the six months ended December 31, 2022 and 2021 was $1.0 million and $0.8 million, respectively. For the periods presented, depreciation and amortization expense allocable to cost of sales was not significant.