Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment

v3.24.0.1
Property, Plant, and Equipment
 6 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment

8. PROPERTY, PLANT, AND EQUIPMENT

Property, plant, and equipment consisted of the following (in thousands):

 

 

December 31, 2023

 

 

June 30, 2023

 

Computer software

 

$

8,129

 

 

$

7,442

 

Plant equipment

 

 

9,763

 

 

 

8,477

 

Leasehold improvements

 

 

3,981

 

 

 

3,969

 

Office furniture, and fixtures

 

 

3,127

 

 

 

2,960

 

Computer equipment

 

 

2,090

 

 

 

1,713

 

Building

 

 

1,243

 

 

 

857

 

Total depreciable assets

 

 

28,333

 

 

 

25,418

 

Less: Accumulated depreciation and amortization

 

 

(14,825

)

 

 

(13,553

)

Property and equipment not placed in service

 

 

1,073

 

 

 

242

 

Land

 

 

406

 

 

 

406

 

Property, plant, and equipment, net

 

$

14,987

 

 

$

12,513

 

Property, plant and equipment depreciation and amortization expense was $0.6 million and $0.5 million for the three months ended December 31, 2023 and 2022, respectively, and $1.3 million and $1.0 million for the six months ended December 31, 2023 and 2022, respectively. For the periods presented, depreciation and amortization expense allocable to cost of sales was not significant.