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

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

Property and Equipment

6 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property and Equipment

PROPERTY AND EQUIPMENT

Property and equipment consists of the following at December 31, 2014 and June 30, 2014:



in thousands
	December 31, 2014			June 30, 2014
Office furniture, fixtures and equipment	$	504		$	490
Computer equipment	342			323
Computer software	2,376			2,333
Leasehold improvements	260			260
Subtotal	3,482			3,406
Less: accumulated depreciation	(1,991		)	(1,728		)
Property and equipment, net	$	1,491		$	1,678

Depreciation expense for the three months ended December 31, 2014 and 2013 was $0.1 million and $0.1 million, respectively, and for the six months ended December 31, 2014 and 2013 was $0.3 million and $0.3 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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