Note 3 - Property and Equipment, Net

9 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

 

Note

3

. Property and Equipment, net

Property and equipment, net consists of the following:

	March 31,			June 30,
	2019			2018
Land and building	$	1,250		$	1,250
Leasehold improvements		1,268			1,268
Machinery and equipment		6,231			5,917
Transportation equipment		6			6
		8,755			8,441
Less: Accumulated depreciation and amortization		(6,953	)		(6,790	)
Total	$	1,802		$	1,651

Depreciation and amortization expense recorded on property and equipment was

$69

and

$57

for the

three

months ended

March 31, 2019

and

2018,

respectively, and

$201

and

$189

for the

nine

months ended

March 31, 2019

and

2018,

respectively. Additionally, the Company disposed of fully depreciated property of

$38

in the

nine

months ended

March 31, 2019

and

$146

and another

$4

in transportation equipment with a remaining basis of

$1

at the time of sale in the

nine

months ended

March 31, 2018.

The Company sold the transportation equipment for a gain of

$3

and sold fully depreciation machinery and equipment for a gain of

$2

in the

nine

months ended

March 31, 2018.