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

9 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment

8. PROPERTY, PLANT, AND EQUIPMENT

Property, plant, and equipment consisted of the following at March 31, 2023 and June 30, 2022:


in thousands
	March 31, 2023			June 30, 2022
Computer software	$	7,282		$	6,519
Plant equipment		7,534			6,328
Leasehold improvements		3,968			3,863
Office furniture, and fixtures		2,784			2,536
Computer equipment		1,590			1,595
Building		636			509
Total depreciable assets		23,794			21,350
Less: Accumulated depreciation and amortization		(12,962	)		(11,932	)
Property and equipment not placed in service		235			391
Land		406			36
Property, plant, and equipment, net	$	11,473		$	9,845

Property, plant and equipment depreciation and amortization expense for the three months ended March 31, 2023 and 2022 was $0.6 million and $0.4 million, respectively. Property, plant and equipment depreciation and amortization expense for the nine months ended March 31, 2023 and 2022 was $1.6 million and $1.1 million, respectively. For the periods presented, depreciation and amortization expense allocable to cost of sales was not significant.