Property and Equipment

9 Months Ended

Mar. 31, 2016

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and Equipment consists of the following:

	March 31, 2016			June 30, 2015
Leasehold Improvements	$	2,710		$	2,886
Furniture and Fixtures	588			588
Computer Equipment	456			458
Software	163			5
Total	3,917			3,937
Accumulated Depreciation and Amortization	(2,088		)	(1,603		)
Property and Equipment, net	$	1,829		$	2,334

Depreciation and amortization charged to selling, general and administrative expenses for the three and nine months ended March 31, 2016 amounted to $124 and $403, respectively. Depreciation and amortization charged to selling, general and administrative expenses for the three and nine months ended March 31, 2015 amounted to $75 and $233, respectively.