Property, Plant, and Equipment

3 Months Ended

Sep. 30, 2022

Property, Plant, and Equipment

Property, Plant, and Equipment

NOTE 6 – Property, Plant, and Equipment

Property, plant and equipment consist of the following (in thousands):

	September 30, 2022		June 30, 2022		Useful Life in Years
Land	$	904	$	904	N/A
Buildings		8,911		8,911	30 to 40
Molds and dies		7,495		7,480	3 to 5
Furniture and fixtures		3,082		3,030	5 to 10
Machinery and equipment		26,832		26,696	7 to 10
Building improvements		2,557		2,464	Shorter of the lease term or life of asset
		49,781		49,485
Less: accumulated depreciation and amortization		(41,861)		(41,546)
	$	7,920	$	7,939

Depreciation and amortization expense on property, plant, and equipment was approximately $367,000 and $340,000 for the three months ended September 30, 2022 and 2021, respectively.