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Note 5 - Property and Equipment
12 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 5 - Property and Equipment

 

Property and equipment, net consist of the following:

 

  

June 30,

 
  

2025

  

2024

 
  

(in thousands)

 

Manufacturing and lab equipment

 $808  $1,838 

Office equipment, furniture and other

  274   945 

Leasehold improvements

  164   35 

Property and equipment, gross

  1,246   2,818 

Less: accumulated depreciation and amortization

  (714)  (2,125)

Property and equipment, net

 $532  $693 

 

Depreciation expense from continuing operations was $0.2 million and $0.9 million during the years ended June 30, 2025, and 2024, respectively. During the year ended June 30, 2025, the Company recognized a gain of $0.5 million on the disposal of equipment and during the year ended June 30, 2024, the Company did not record a material gain or loss on disposal of equipment.