Property and Equipment

12 Months Ended

Jun. 30, 2016

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and Equipment consists of the following:

Description	June 30, 2016			June 30, 2015
Leasehold Improvements	$	2,261		$	2,886
Furniture and Fixtures	588			588
Computer Equipment	456			458
Software	164			5
Total	3,469			3,937
Accumulated Depreciation and Amortization	(2,055		)	(1,603		)
Property and Equipment, net	$	1,414		$	2,334

Depreciation and amortization charges included in Selling, general and administrative expenses for the years ended June 30, 2016 and 2015 amounted to $512 and $656, respectively.