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PROPERTY AND EQUIPMENT (Tables)

3 Months Ended

Sep. 30, 2023

PROPERTY AND EQUIPMENT

Schedule of property and equipment

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

​

​	​	​	​	​	​	​
​	​	September 30,		​	June 30,
​		2023			2023
Production equipment	​	$	308	​	$	308
Leasehold improvements	​		213	​		213
Furniture and fixtures	​		45	​		45
Computer equipment	​		61	​		60
Other equipment	​		120	​		120
Total	​		747	​		746
Accumulated depreciation	​		(721)	​		(718)
Net property and equipment	​	$	26	​	$	28

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 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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