Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment

v3.20.2
Property, Plant, and Equipment
 3 Months Ended
Sep. 30, 2020
Property Plant And Equipment [Abstract]  
Property, Plant, and Equipment

7.

PROPERTY, PLANT, AND EQUIPMENT

Property, plant, and equipment consists of the following at September 30, 2020 and June 30, 2020:

 

in thousands

 

 

 

 

 

 

 

 

 

 

September 30,

2020

 

 

June 30,

2020

 

Office furniture, and fixtures

 

$

2,148

 

 

$

2,142

 

Computer equipment

 

 

924

 

 

 

900

 

Computer software

 

 

5,289

 

 

 

5,288

 

Plant equipment

 

 

3,821

 

 

 

3,450

 

Building

 

 

391

 

 

 

322

 

Leasehold improvements

 

 

2,804

 

 

 

2,804

 

Total depreciable assets

 

 

15,377

 

 

 

14,906

 

Less: Accumulated depreciation and amortization

 

 

(9,614

)

 

 

(9,267

)

Land

 

 

36

 

 

 

36

 

Property, plant, and equipment, net

 

$

5,799

 

 

$

5,675

 

 

Depreciation and amortization expense for the three months ended September 30, 2020 and 2019 was $347,000 and $415,000, respectively.  For the periods presented, no depreciation or amortization expense was allocated to cost of sales.