v3.26.1
Property And Equipment—Net
 9 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property And Equipment—Net PROPERTY AND EQUIPMENT—NET
Property and equipment—net consisted of the following:

(in thousands)
March 31, 2026June 30, 2025
Computer hardware$19,100 $17,680 
Machinery and equipment(1)
20,162 18,239 
Leasehold improvements17,413 17,390 
Furniture and fixtures4,671 4,671 
Work in progress152 229 
Total61,498 58,209 
Less accumulated depreciation(2)
(48,251)(43,632)
Property and equipment—net$13,247 $14,577 
(1) Includes financing lease right-of-use assets.
(2) During the nine months ended March 31, 2026, the Company disposed of $0.4 million of fully depreciated property and equipment.

Work in progress as of March 31, 2026 and June 30, 2025, primarily represents equipment utilized in SelectRx operations not yet put into service and not yet being depreciated. Depreciation expense for the three months ended March 31, 2026 and 2025, was $1.8 million and $1.9 million, respectively, and $5.5 million and $6.5 million for the nine months ended March 31, 2026, and 2025, respectively.
During the nine months ended March 31, 2026, the Company exercised a purchase option on an automated packaging system used in SelectRx operations for a total purchase price of $1.9 million. As of March 31, 2026, the asset is included in machinery and equipment and $0.7 million remains unpaid and is included in accrued expenses on the condensed consolidated balance sheet.