Quarterly report pursuant to Section 13 or 15(d)

Fixed Assets

v3.21.2
Fixed Assets
3 Months Ended
Sep. 30, 2021
Fixed Assets [Abstract]  
Fixed Assets

10.   Fixed Assets

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

    

September 30, 

    

June 30, 

2021

2021

Facility improvements

$

1,517

$

1,517

Machinery and equipment

 

4,255

 

4,255

Office equipment and software

 

2,429

 

714

Construction in progress

3,151

3,367

 

11,352

 

9,853

Accumulated depreciation

 

(1,531)

 

(1,225)

Net fixed assets

$

9,821

$

8,628

Depreciation expense was approximately $306,000 and $97,000 for the three months ended September 30, 2021 and 2020, respectively.