Property, Plant, and Equipment

9 Months Ended

Mar. 31, 2021

Property, Plant, and Equipment

Property, Plant, and Equipment

NOTE 6 – Property, Plant, and Equipment

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

	March 31, 2021		June 30, 2020		Useful Life in Years
Land	$	904	$	904	—
Buildings		8,911		8,911	30 to 40
Molds and dies		7,364		7,337	3 to 5
Furniture and fixtures		2,792		2,792	5 to 10
Machinery and equipment		25,417		24,878	7 to 10
Building improvements		2,173		2,173	Shorter of the lease term or life of asset
		47,561		46,995
Less: accumulated depreciation and amortization		(39,846)		(38,907)
	$	7,715	$	8,088

Depreciation and amortization expense on property, plant, and equipment was approximately $302,000 and $306,000 for the three months ended March 31, 2021 and 2020, respectively. Depreciation and amortization expense on property, plant, and equipment was approximately $939,000 and $912,000 for the nine months ended March 31, 2021 and 2020, respectively.