Property and Equipment, net

12 Months Ended

Jun. 30, 2020

Property Plant And Equipment [Abstract]

Property and Equipment, net

(5) Property and Equipment, net

As of June 30, 2020 and 2019, property and equipment, net consisted of the following: 

	June 30,
(In thousands)	2020			2019
Furniture, fixtures, equipment & leasehold improvements	$	2,522		$	2,487
Software		326			326
Capital improvements in progress		—			—
Gross property and equipment		2,848			2,813
Accumulated depreciation		(2,512	)		(2,344	)
Property held for disposal, net		(237	)		—
Property and equipment, net	$	99		$	469

Depreciation expense of property and equipment was $189 thousand for the year ended June 30, 2020 and $262 thousand for the year ended June 30, 2019.