Property, Plant, and Equipment

3 Months Ended

Sep. 30, 2023

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, 2023		June 30, 2023		Useful Life in Years
Land	$	904	$	904	N/A
Buildings		8,911		8,911	30 to 40
Molds and dies		7,517		7,517	3 to 5
Furniture and fixtures		3,447		3,387	5 to 10
Machinery and equipment		28,739		28,574	3 to 10
Building improvements		3,110		3,078	Shorter of the lease term or life of asset
		52,628		52,371
Less: accumulated depreciation and amortization		(43,516)		(43,063)
	$	9,112	$	9,308

Depreciation and amortization expense on property, plant, and equipment was approximately $453,000 and $367,000 for the three months ended September 30, 2023 and 2022, respectively.