Property, Plant, and Equipment

3 Months Ended

Sep. 30, 2024

Property, Plant, and Equipment

Property, Plant, and Equipment

NOTE 7 – Property, Plant, and Equipment

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

	September 30, 2024		June 30, 2024		Useful Life in Years
Land	$	904	$	904	N/A
Buildings		8,911		8,911	30 to 40
Molds and dies		7,539		7,539	3 to 5
Furniture and fixtures		3,661		3,613	5 to 10
Machinery and equipment		29,809		29,761	3 to 10
Building improvements		3,618		3,129	Shorter of the lease term or life of asset
		54,442		53,857
Less: accumulated depreciation and amortization		(45,155)		(44,780)
	$	9,287	$	9,077

Depreciation and amortization expense on property, plant, and equipment was approximately $470,000 and $453,000 for the three months ended September 30, 2024 and 2023, respectively.