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Employee Benefit Plans
12 Months Ended
Jun. 30, 2021
Compensation And Retirement Disclosure [Abstract]  
Employee Benefit Plans

 


(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 year ended June 30, 2021, the Company contributed the required match of $31 thousand 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, 2021 and 2020.