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PROPERTY, PLANT AND EQUIPMENT (Tables)

3 Months Ended

Sep. 30, 2021

PROPERTY, PLANT AND EQUIPMENT

Schedule of property, plant and equipment

Property, plant and equipment consist of the following (in thousands):

​

​	​	​	​	​	​	​
​		September 30,			June 30,
​	​	2021		​	2021
Production equipment	​	$	307	​	$	307
Leasehold improvements	​		202	​		202
Furniture and fixtures	​		45	​		45
Computer equipment	​		44	​		44
Other equipment	​		114	​		114
​	​		712	​		712
Accumulated depreciation	​		(704)	​		(691)
Net property plant and equipment	​	$	8	​	$	21

Schedule of estimated useful lives of the assets

​

​	​	​
​		Useful Lives
Leasehold improvements		5 years or remaining lease term
Furniture and fixtures		5 years
Production equipment		3 – 7 years
Computer equipment		3 years
Other equipment		3 – 7 years

X

- Definition

Tabular disclosure of the useful life of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale.

+ References

No definition available.

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- References

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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