Property, Plant, and Equipment

9 Months Ended

Mar. 31, 2025

Property, Plant, and Equipment

Property, Plant, and Equipment

NOTE 7 – Property, Plant, and Equipment

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

	March 31, 2025		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		3,715		3,613	5 to 10
Machinery and equipment		30,906		29,761	3 to 10
Building improvements		3,657		3,129	Shorter of the lease term or life of asset
		55,641		53,857
Less: accumulated depreciation and amortization		(46,154)		(44,780)
	$	9,487	$	9,077

Depreciation and amortization expense on property, plant, and equipment was approximately $493,000 and $454,000 for the three months ended March 31, 2025 and 2024, respectively. Depreciation and amortization expense on property, plant, and equipment was approximately $1,469,000 and $1,374,000 for the nine months ended March 31, 2025 and 2024, respectively.