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Fixed Assets
3 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Fixed Assets

6. Fixed Assets

Property and equipment and equipment held for rental consist of the following as of September 30, 2022 and June 30, 2022:

(in thousands)

 

September 30, 2022

 

 

June 30, 2022

 

Property and Equipment

 

 

 

 

 

 

Leasehold improvements

 

$

981

 

 

$

970

 

Vehicles

 

 

162

 

 

 

162

 

Computer equipment and software

 

 

716

 

 

 

642

 

Furniture and fixtures

 

 

570

 

 

 

590

 

Sleep study equipment

 

 

594

 

 

 

594

 

 

 

 

3,023

 

 

 

2,958

 

Accumulated depreciation

 

 

(2,520

)

 

 

(2,420

)

Net carrying amount

 

$

503

 

 

$

538

 

 

 

 

 

 

 

 

Equipment Held for Rental

 

 

 

 

 

 

Medical equipment held for rental

 

$

17,544

 

 

$

16,593

 

Accumulated depreciation

 

 

(9,621

)

 

 

(9,089

)

Net carrying amount

 

$

7,923

 

 

$

7,504

 

 

The following table reconciles total depreciation expense for each period presented:

 

 

For the three months ended September 30,

 

(in thousands)

 

2022

 

 

2021

 

Depreciation and amortization

 

$

101

 

 

$

143

 

Cost of durable medical equipment rentals

 

 

1,889

 

 

 

1,688

 

Total depreciation expense

 

$

1,990

 

 

$

1,831