Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment

v3.20.1
Property, Plant, and Equipment
 9 Months Ended
Mar. 31, 2020
Property Plant And Equipment [Abstract]  
Property, Plant, and Equipment

7.

PROPERTY, PLANT, AND EQUIPMENT

Property, plant, and equipment consists of the following at March 31, 2020 and June 30, 2019:

 

in thousands

 

 

 

 

 

 

 

 

 

 

March 31,

2020

 

 

June 30,

2019

 

Office furniture, and fixtures

 

$

2,125

 

 

$

2,080

 

Computer equipment

 

 

889

 

 

 

798

 

Computer software

 

 

5,479

 

 

 

4,111

 

Plant equipment

 

 

3,142

 

 

 

2,872

 

Building

 

 

322

 

 

 

319

 

Leasehold improvements

 

 

2,804

 

 

 

2,804

 

Total depreciable assets

 

 

14,761

 

 

 

12,984

 

Less: accumulated depreciation

 

 

(8,844

)

 

 

(7,395

)

Property and equipment not placed in service

 

 

—

 

 

 

1,106

 

Land

 

 

36

 

 

 

36

 

Property, plant, and equipment, net

 

$

5,953

 

 

$

6,731

 

 

Depreciation expense for the three months ended March 31, 2020 and 2019 was $0.6 million and $0.4 million, respectively.  Depreciation expense for the nine months ended March 31, 2020 and 2019 was $1.4 million and $1.3 million, respectively.