Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment

v3.22.0.1
Property, Plant, and Equipment
 6 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment

7. PROPERTY, PLANT, AND EQUIPMENT

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

 

in thousands

 

 

 

 

 

 

 

 

December 31,
2021

 

 

June 30,
2021

 

Office furniture, and fixtures

 

$

2,165

 

 

$

2,373

 

Computer equipment

 

 

1,143

 

 

 

1,069

 

Computer software

 

 

5,524

 

 

 

5,387

 

Plant equipment

 

 

6,004

 

 

 

5,535

 

Building

 

 

509

 

 

 

505

 

Leasehold improvements

 

 

3,012

 

 

 

3,009

 

Total depreciable assets

 

 

18,357

 

 

 

17,878

 

Less: Accumulated depreciation and amortization

 

 

(11,087

)

 

 

(10,714

)

Property and equipment not placed in service

 

 

2,133

 

 

 

1,409

 

Land

 

 

36

 

 

 

36

 

Property, plant, and equipment, net

 

$

9,439

 

 

$

8,609

 

 

Property, plant and equipment depreciation and amortization expense for the three months ended December 31, 2021 and 2020 was $0.4 million and $0.3 million respectively. Property, plant and equipment depreciation and amortization expense for the six months ended December 31, 2021 and 2020 was $0.8 million and $0.7 million, respectively. For the periods presented, depreciation and amortization expense allocable to cost of sales was not significant.