Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

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Leases (Tables)
9 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Components of Lease Expense The components of lease expense were as follows:
    Three Months
Ended
March 31,
2024
    Three Months
Ended
March 31,
2023
    Nine Months
Ended
March 31,
2024
    Nine Months
Ended
March 31,
2023
 
Operating Lease Expense   $ 149     $ 159     $ 453     $ 360  
Schedule of Balance Sheet Information Related to Leases Supplemental balance sheet information related to leases was as follows (in thousands):
    Classification on the
Condensed
Consolidated
Balance Sheet
  March31,
2024
    June 30,
2023
 
Assets                
Operating lease assets   Other non-current assets   $ 1,039     $ 1,374  
                     
Liabilities                    
Operating lease liabilities   Current liabilities     498       439  
Operating lease liabilities   Long term liabilities     596       976  
                     
Weighted Average Remaining Lease Term:                    
Operating leases         2.04 Years       2.97 Years  
Weighted Average Discount Rate:                    
Operating leases         12.92 %     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,      
2024   $ 150  
2025     606  
2026     374  
2027     66  
Thereafter     79  
Total lease payments (undiscounted cash flows)     1,275  
         
Less imputed interest     (181 )
Total   $ 1,094