Property and Equipment

12 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

As of June 30, 2015 and 2014, property and equipment consisted of the following (in thousands):

	June 30,
	2015			2014
Furniture, Fixtures, Equipment & Leasehold Improvements	$	4,078		$	3,786
Capital Improvements in Progress	1,976			—
Gross Property and Equipment	6,054			3,786
Accumulated Depreciation	(2,946		)	(2,575		)
Property and Equipment, net	$	3,108		$	1,211

Depreciation and amortization expense of property and equipment for the years ended June 30, 2015 and 2014 was $0.3 million and $0.3 million, respectively. Capital improvements in progress mainly pertain to the software acquired for Astral. We expect to start using this software in fiscal year 2016.