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Note 5 - Property and Equipment
 3 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 5 - Property and Equipment

 

Properties and equipment are recorded at cost and depreciated on a straight-line basis over the assets’ estimated economic life. Leasehold improvements are amortized over the shorter of the estimated economic life or remaining lease term.

 

Property and equipment, net, consist of the following:

 

  

September 30,

  

June 30,

 
  

2024

  

2024

 
  

(in thousands)

 

Manufacturing and lab equipment

 $1,443  $1,838 

Office equipment, furniture and other

  956   945 

Leasehold improvements

  158   35 

Property and equipment, gross

  2,557   2,818 

Less: accumulated depreciation and amortization

  (1,865)  (2,125)

Property and equipment, net

 $692  $693 

 

Depreciation and amortization expense from property and equipment was $0.1 million and $0.3 million for the three months ended September 30, 2024, and 2023, respectively.