v3.26.3
Note 5 - Property and Equipment
12 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

Note 5 - Property and Equipment

 

Property and equipment, net consist of the following:

 

  

June 30,

 
  

2026

  

2025

 
  

(in thousands)

 

Manufacturing and lab equipment

 $783  $808 

Office equipment, furniture and other

  247   274 

Leasehold improvements

  164   164 

Property and equipment, gross

  1,194   1,246 

Less: accumulated depreciation and amortization

  (809)  (714)

Property and equipment, net

 $385  $532 

 

Depreciation expense from continuing operations was $0.1 million and $0.2 million during the years ended June 30, 2026, and 2025, respectively. During the year ended June 30, 2026, the Company recognized de minimis loss on the disposal of equipment and during the year ended June 30, 2025, the Company recognized a gain of $0.5 million on the disposal of equipment.