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Commitments
12 Months Ended
Jun. 30, 2013
Commitments  
Commitments

Note 13.  Commitments

 

Leases

 

The Company’s subsidiary, Cody Labs leases a 73,000 square foot facility in Cody, Wyoming.  This location houses Cody Lab’s manufacturing and production facilities.  Cody Labs leases the facility from Realty, a Wyoming limited liability company which is 50% owned by the Company.  See Note 11 “Consolidation of Variable Interest Entity.”

 

Rental and lease expense for the years ended June 30, 2013, 2012 and 2011 was approximately $104 thousand, $108 thousand, and $100 thousand, respectively.