Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment

v3.19.3.a.u2
Property, Plant, and Equipment
 6 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment
PROPERTY, PLANT, AND EQUIPMENT
Property, plant, and equipment consists of the following at December 31, 2019 and June 30, 2019:
in thousands
 
 
 
 
 
 
 
December 31, 2019
 
June 30, 2019
 
Office furniture, and fixtures
 
$
2,120

 
$
2,080

 
Computer equipment
 
817

 
798

 
Computer software
 
4,310

 
4,111

 
Plant equipment
 
3,059

 
2,872

 
Building
 
319

 
319

 
Leasehold improvements
 
2,804

 
2,804

 
Total depreciable assets
 
13,429

 
12,984

 
Less: accumulated depreciation
 
(8,222
)
 
(7,395
)
 
Property and equipment not placed in service
 
1,106

 
1,106

 
Land
 
36

 
36

 
Property, plant, and equipment, net
 
$
6,349

 
$
6,731

 

Depreciation expense for the three months ended December 31, 2019 and 2018 was $412,000 and $448,000, respectively. Depreciation expense for the six months ended December 31, 2019 and 2018 was $827,000 and $893,000, respectively.