v3.25.1
Note 5 - Property and Equipment
 12 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 5 - Property and Equipment

 

Property and equipment, net consist of the following:

 

​

 

June 30,

 

​

 

2024

  

2023

 

​

 

(in thousands)

 

Manufacturing equipment

 $1,117  $2,377 

Office equipment, furniture and other

  945   1,085 

Lab equipment

  721   832 

Leasehold improvements

  35   999 

Assets under construction

  —   107 

Property and equipment, gross

  2,818   5,400 

Less accumulated depreciation and amortization

  (2,125)  (3,621)

Property and equipment, net

 $693  $1,779 

 ​

Depreciation expense from continuing operations was $0.9 million and $1.3 million during the years ended June 30, 2024, and 2023, respectively. During the year ended June 30, 2024, the Company did not record a material gain or loss on disposal of equipment and during the year ended June 30, 2023, the Company recognized a gain of $0.1 million on the disposal of equipment.