Property and Equipment

9 Months Ended

12 Months Ended

Mar. 31, 2016

Jun. 30, 2015

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.

Property and Equipment

Property and Equipment consists of the following:

Description	June 30, 2015			June 30, 2014
Leasehold Improvements	$	2,886		$	2,454
Furniture and Fixtures	588			593
Computer Equipment	458			715
Software	5			12
Total	3,937			3,774
Accumulated Depreciation and Amortization	(1,603		)	(1,258		)
Property and Equipment, net	$	2,334		$	2,516

Depreciation and amortization charges included in Selling, general and administrative expenses for the years ended June 30, 2015 and 2014 amounted to $656 and $567, respectively.