Property and Equipment

3 Months Ended

Sep. 30, 2021

Property Plant And Equipment [Abstract]

Property and Equipment

(4) Property and Equipment

As of September 30, 2021 and June 30, 2021, property and equipment, net consisted of the following:

(In thousands)	September 30, 2021			June 30, 2021
Furniture, fixtures, equipment & leasehold improvements	$	711		$	535
Software		315			315
Capital improvements in progress		108			187
Gross property and equipment		1,134			1,037
Accumulated depreciation and amortization		(791	)		(774	)
Property and equipment, net	$	343		$	263

Depreciation and amortization expense of property and equipment for the three months ended September 30, 2021 and September 30, 2020 were $17 thousand and $22 thousand, respectively.

On August 3, 2020, the Company terminated its corporate office lease in Austin, Texas and wrote-off the remaining net book value of the related leasehold improvement assets in the amount of $229 thousand.