Quarterly report pursuant to Section 13 or 15(d)

Fixed Assets

v3.21.1
Fixed Assets
 9 Months Ended
Mar. 31, 2021
Fixed Assets [Abstract]  
Fixed Assets

8.   Fixed Assets

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

 

 

 

 

 

 

 

 

 

    

March 31, 

    

June 30, 

 

 

2021

 

2020

Facility improvements

 

$

1,517

 

$

1,465

Medical equipment

 

 

2,826

 

 

1,760

Office equipment and software

 

 

556

 

 

398

Construction in progress

 

 

2,591

 

 

787

 

 

 

7,490

 

 

4,410

Accumulated depreciation

 

 

(1,083)

 

 

(753)

Net fixed assets

 

$

6,407

 

$

3,657

 

Depreciation expense was approximately $119,000 and $70,000 for the three months ended March 31, 2021 and 2020, respectively. Depreciation expense was approximately $330,000 and $207,000 for the nine months ended March 31, 2021 and 2020, respectively.