Note 4 - Property and Equipment, Net

9 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

(4) Property and Equipment, net

As of March 31, 2024 and June 30, 2023, property and equipment, net consisted of the following, respectively: 

(In thousands)	March 31, 2024			June 30, 2023
Furniture, fixtures, equipment & leasehold improvements	$	3,337		$	2,805
Software		636			217
Capital improvements in progress		50			649
Gross property and equipment		4,023			3,671
Accumulated depreciation and amortization		(1,507	)		(1,001	)
Property and equipment, net	$	2,516		$	2,670

Depreciation and amortization expense of property and equipment was $206 thousand and $88 thousand for the three months ended March 31, 2024 and 2023, respectively.  Depreciation and amortization expense of property and equipment was $507 thousand and $221 thousand for the nine months ended March 31, 2024 and 2023, respectively. Total depreciation and amortization expense includes finance lease right-of-use asset amortization of $94 thousand and $76 thousand for the nine months ended March 31, 2024 and 2023, respectively.