Quarterly report pursuant to Section 13 or 15(d)

Operating Lease Obligation (Tables)

v3.21.2
Operating Lease Obligation (Tables)
3 Months Ended
Sep. 30, 2021
Operating Lease, Liability [Abstract]  
Lease Expense and Supplemental Balance Sheet Information Related to the Operating Lease Obligation

The following tables present the components of lease expense and supplemental balance sheet information related to the operating lease obligation (in thousands).

Three Months Ended

September 30, 

2021

Operating lease cost:

$

35

Total lease cost

$

35

 

  

Other information:

 

  

Cash paid for amounts included in the measurement lease liability:

 

  

Operating cash flows from operating lease

$

35

Operating cash flows from operating lease obligation

$

Future Minimum Payments under the Operating Lease Obligation

Future minimum payments under the operating lease obligation are due as follows (in thousands):

Fiscal period ending on September 30:

    

Principal

    

Imputed Interest

    

Total

2022

$

147

$

196

$

343

2023

385

244

629

2024

 

432

 

215

 

647

2025

 

485

 

182

 

667

2026

 

542

 

145

 

687

Thereafter

 

1,612

 

172

 

1,784

 

  

 

  

 

  

Total minimum lease payments

 

3,603

$

1,154

$

4,757

Less: current portion

 

(147)

 

  

 

  

Long-term portion of minimum lease obligation

$

3,456