v3.25.4
Property And Equipment—Net
 6 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property And Equipment—Net PROPERTY AND EQUIPMENT—NET
Property and equipment—net consisted of the following:

(in thousands)
December 31, 2025June 30, 2025
Computer hardware$18,972 $17,680 
Machinery and equipment(1)
20,224 18,239 
Leasehold improvements17,413 17,390 
Furniture and fixtures4,671 4,671 
Work in progress15 229 
Total61,295 58,209 
Less accumulated depreciation(2)
(46,627)(43,632)
Property and equipment—net$14,668 $14,577 
(1) Includes financing lease right-of-use assets.
(2) During the six months ended December 31, 2025, the Company disposed of $0.4 million of fully depreciated property and equipment.

Work in progress as of December 31, 2025 and June 30, 2025, primarily represents equipment utilized in SelectRx operations not yet put into service and not yet being depreciated. Depreciation expense for the three months ended December 31, 2025 and 2024, was $1.8 million and $2.1 million, respectively, and $3.7 million and $4.6 million for the six months ended December 31, 2025, and 2024, respectively.
During the three months ended December 31, 2025, the Company exercised a purchase option on an automated packaging system used in SelectRx operations for a total purchase price of $1.9 million. As of December 31, 2025, the asset is included in machinery and equipment and $1.3 million remains unpaid and is included in accrued expenses on the condensed consolidated balance sheet.