Property, Plant, and Equipment

3 Months Ended

Sep. 30, 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):

	September 30, 2021		June 30, 2021		Useful Life in Years
Land	$	904	$	904	N/A
Buildings		8,911		8,911	30 to 40
Molds and dies		7,463		7,416	3 to 5
Furniture and fixtures		2,822		2,813	5 to 10
Machinery and equipment		26,006		25,548	7 to 10
Building improvements		2,418		2,409	Shorter of the lease term or life of asset
		48,524		48,001
Less: accumulated depreciation and amortization		(40,506)		(40,165)
	$	8,018	$	7,836

Depreciation and amortization expense on property, plant, and equipment was approximately $340,000 and $317,000 in the three months ended September 30, 2021 and 2020, respectively.