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

Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment

Property, Plant, and Equipment

9 Months Ended

Mar. 31, 2021

Property Plant And Equipment [Abstract]

7.	PROPERTY, PLANT, AND EQUIPMENT

Property, plant, and equipment consists of the following at March 31, 2021 and June 30, 2020:

in thousands
	March 31, 2021			June 30, 2020
Office furniture, and fixtures	$	2,457		$	2,142
Computer equipment		1,023			900
Computer software		5,321			5,288
Plant equipment		4,569			3,450
Building		452			322
Leasehold improvements		3,010			2,804
Total depreciable assets		16,832			14,906
Less: Accumulated depreciation and amortization		(10,302	)		(9,267	)
Property and equipment not placed in service		1,698			—
Land		36			36
Property, plant, and equipment, net	$	8,264		$	5,675

Depreciation expense for the three months ended March 31, 2021 and 2020 was $347,000 and $622,000, respectively. Depreciation expense for the nine months ended March 31, 2021 and 2020 was $1,036,000 and $1,449,000, respectively. For the periods presented, no depreciation or amortization expense was allocated to cost of sales.