Note 13 - Employee Benefit Plans

12 Months Ended

Jun. 30, 2023

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

(13) Employee Benefit Plans

Astrotech has a defined contribution retirement plan, which covers substantially all employees and officers. Effective July 1, 2019, the Company elected to no longer match employees’ contributions to the plan; however, beginning in the third quarter of fiscal year 2021, the Company reinstated the match to employees’ contributions to the retirement plan. For the years ended June 30, 2023 and 2022, the Company made matching contributions of $59 thousand and $57 thousand, respectively, to the plan. The Company has the right, but not an obligation, to make additional contributions to the plan in future years at the discretion of the Company’s Board of Directors. The Company has not made any additional contributions for the years ended June 30, 2023 and 2022.