Property and Equipment

3 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

Note 7. Property and Equipment

Property and equipment, net, consisted of the following (in thousands):


	September 30, 2023			June 30, 2023
Computer equipment and software	$	2,436		$	2,290
Capitalized internal-use software		18,461			16,978
Furniture and office equipment		2,390			2,433
Leasehold improvements		5,897			5,897
Construction in progress		1,390			386
Total property and equipment		30,574			27,984
Less: accumulated depreciation and amortization		(12,879	)		(11,618	)
Property and equipment, net	$	17,695		$	16,366

Depreciation expense, excluding the amortization of capitalized internal-use software costs, was $0.5 million and $0.4 million for the three months ended September 30, 2023 and 2022, respectively.

The Company capitalized $1.5 million and $1.2 million of costs related to software developed for internal use during the three months ended September 30, 2023 and 2022, respectively. Amortization expense related to capitalized internal-use software was $0.8 million and $0.6 million for the three months ended September 30, 2023 and 2022, respectively. The net book value of capitalized internal-use software was $11.0 million and $10.3 million as of September 30, 2023 and June 30, 2023, respectively.