Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment

v3.24.1.u1
Property, Plant, and Equipment
 9 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment

8. PROPERTY, PLANT, AND EQUIPMENT

Property, plant, and equipment consisted of the following (in thousands):

 

 

March 31, 2024

 

 

June 30, 2023

 

Computer software

 

$

9,229

 

 

$

7,442

 

Plant equipment

 

 

10,090

 

 

 

8,477

 

Leasehold improvements

 

 

4,195

 

 

 

3,969

 

Office furniture, and fixtures

 

 

3,308

 

 

 

2,960

 

Computer equipment

 

 

2,253

 

 

 

1,713

 

Building

 

 

1,242

 

 

 

857

 

Total depreciable assets

 

 

30,317

 

 

 

25,418

 

Less: Accumulated depreciation and amortization

 

 

(15,577

)

 

 

(13,553

)

Property and equipment not placed in service

 

 

1,088

 

 

 

242

 

Land

 

 

406

 

 

 

406

 

Property, plant, and equipment, net

 

$

16,234

 

 

$

12,513

 

Property, plant and equipment depreciation and amortization expense was $0.8 million and $0.6 million for the three months ended March 31, 2024 and 2023, respectively, and $2.0 million and $1.6 million for the nine months ended March 31, 2024 and 2023, respectively. For the periods presented, depreciation and amortization expense allocable to cost of sales was not significant.