Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.24.3
Leases (Tables)
 12 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of Components of Lease Expense The components of lease expense were as follows (in thousands):
    Year
Ended
June 30,
2024		     Year
Ended
June 30,
2023		  
Operating Lease Expense   $ 601     $ 519  
Supplemental balance sheet information related to leases was as follows (in thousands):
    Classification
on the
Consolidated
Balance Sheet		   June 30,
2024		     June 30,
2023		  
Assets                
Operating lease assets   Other non-current assets   $ 923     $ 1,374  
                     
Liabilities                    
Other current liabilities   Current liabilities     514       439  
Operating lease liabilities   Other non-current liabilities     462       976  
             
Weighted Average Remaining Lease Term:            
Operating leases     2.12 Years       2.97 Years  
                 
Weighted Average Discount Rate:                
Operating leases     12.98 %     12.77 %

 
Schedule of Minimum Future Lease Payments The following table outlines the minimum future lease payments for the next five years and thereafter (in thousands):
For the year ending June 30,      
2025   $ 606  
2026     374  
2027     66  
2028     68  
Thereafter     11  
Total lease payments (Undiscounted cash flows)     1,125  
         
Less imputed interest     (149 )
Total   $ 976