Property, Plant, and Equipment

6 Months Ended

Dec. 31, 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):

	December 31, 2024		June 30, 2024		Useful Life in Years
Land	$	904	$	904	N/A
Buildings		8,911		8,911	30 to 40
Molds and dies		7,548		7,539	3 to 5
Furniture and fixtures		3,702		3,613	5 to 10
Machinery and equipment		30,854		29,761	3 to 10
Building improvements		3,657		3,129	Shorter of the lease term or life of asset
		55,576		53,857
Less: accumulated depreciation and amortization		(45,661)		(44,780)
	$	9,915	$	9,077

Depreciation and amortization expense on property, plant, and equipment was approximately $506,000 and $467,000 for the three months ended December 31, 2024 and 2023, respectively. Depreciation and amortization expense on property, plant, and equipment was approximately $976,000 and $920,000 for the six months ended December 31, 2024 and 2023, respectively.