v3.22.2.2
Property and Equipment
 12 Months Ended
Jun. 30, 2022
Property and Equipment

Note 6. Property and Equipment

Property and equipment consisted of the following, in thousands:

 

 

 

June 30,

 

 

 

2022

 

 

2021

 

Furniture and equipment

 

$

1,254

 

 

$

896

 

Leasehold improvements

 

 

1,054

 

 

 

941

 

 

 

 

2,308

 

 

 

1,837

 

Less: accumulated depreciation

 

 

(648

)

 

 

(330

)

Property and equipment, net

 

$

1,660

 

 

$

1,507

 

 

Depreciation expense of property and equipment for the years ended June 30, 2022, 2021 and 2020 was approximately $326,000, $285,000 and $75,000, respectively.