Annual report pursuant to Section 13 and 15(d)

Property Equipment and Intangibles

v3.21.2
Property Equipment and Intangibles
12 Months Ended
Jun. 30, 2021
Property Plant And Equipment [Abstract]  
Property Equipment and Intangibles

5

Property, equipment and intangibles

 

Property, equipment and intangibles

 

$

(thousands)

 

Balance, June 30, 2019

 

 

12

 

Less amortization

 

 

(10

)

Balance, June 30, 2020

 

 

2

 

Acquired in Adgero merger (note 3)

 

 

175

 

Laboratory equipment purchased

 

 

8

 

Disposal of furniture

 

 

(3

)

Property and equipment

 

 

182

 

Less depreciation and amortization

 

 

(32

)

Balance, June 30, 2021

 

 

150

 

 

At June 30, 2021, the total capitalized cost of intangibles was $80 (2020 - $80) and the Company has recognized $2 and $10, respectively, in amortization expense during the years ended June 30, 2021 and 2020.