PROPERTY AND EQUIPMENT, NET

12 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following:


		As of June 30, 2024
($ in thousands)	Useful Lives	Cost		Accumulated Depreciation		Net
Computer equipment and software	3-7 years	$	7,588	$	(6,994)	$	594
Internal-use software	3-5 years	34,666		(9,472)		25,194
Property and equipment used for rental program	5 years	32,513		(24,742)		7,771
Furniture and equipment	3-7 years	1,862		(1,466)		396
Leasehold improvements	(a)	434		(360)		74
		$	77,063	$	(43,034)	$	34,029


		As of June 30, 2023
($ in thousands)	Useful Lives	Cost		Accumulated Depreciation		Net
Computer equipment and software	3-7 years	$	8,089	$	(7,443)	$	646
Internal-use software	3-5 years	24,294		(5,107)		19,187
Property and equipment used for rental program	5 years	28,398		(23,221)		5,177
Furniture and equipment	3-7 years	1,559		(1,474)		85
Leasehold improvements	(a)	790		(604)		186
		$	63,130	$	(37,849)	$	25,281

(a) Lesser of lease term or estimated useful life

The Company's total depreciation expense is comprised of depreciation included in our Cost of subscription and transaction fees for rental equipment and depreciation included in our operating expenses. Depreciation expense included within Cost of subscription and transaction fees for rental equipment was $1.6 million, $1.2 million, and $1.0 million for the years ended June 30, 2024, 2023, and 2022, respectively. Depreciation expense included within operating expenses for the years ended June 30, 2024, 2023, and 2022 was $5.0 million, $2.6 million and $1.1 million, respectively.

Internal-use software above included $9.2 million and $6.9 million in projects not yet placed in service as of June 30, 2024 and 2023, respectively.