Quarterly report pursuant to Section 13 or 15(d)

Fixed Assets

v3.20.4
Fixed Assets
 6 Months Ended
Dec. 31, 2020
Fixed Assets  
Fixed Assets

8.   Fixed Assets

The following table summarizes by category the gross carrying value and accumulated depreciation of fixed assets (in thousands):

 

 

 

 

 

 

 

 

 

    

December 31, 

    

June 30,

 

 

2020

 

2020

Facility improvements

 

$

1,496

 

$

1,465

Medical equipment

 

 

2,788

 

 

1,760

Office equipment and software

 

 

537

 

 

398

Construction in progress

 

 

1,153

 

 

787

 

 

 

5,974

 

 

4,410

Accumulated depreciation 

 

 

(964)

 

 

(753)

Net fixed assets

 

$

5,010

 

$

3,657

 

Depreciation expense was approximately $114,000 and $71,000 for the three months ended December 31, 2020 and 2019, respectively. Depreciation expense was approximately $211,000 and $137,000 for the six months ended December 31, 2020 and 2019, respectively.