Note 6 - Property and Equipment

3 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

6. Property and Equipment

Property and equipment consisted of the following at

September 30, 2017

and

June 30, 2017 (

in thousands):

	September 30 ,			June 30,
	2017			2017
Land	$	366		$	366
Equipment		3,776			3,776
Leasehold improvements		4,134			4,130
Other 1		422			373
Property and equipment		8,698			8,645
Less accumulated depreciation		(7,608	)		(7,591	)
Property and equipment, net	$	1,090		$	1,054

1

– Represents items that meet the capitalization threshold or which management believes will meet the threshold at the time of completion and which have yet to be placed into service as of the date of the balance sheet. Also included at

September 30, 2017

and

June 30, 2017

are costs associated with automation of production processes and advance planning and design work on the Company’s new production facility.