Quarterly report pursuant to Section 13 or 15(d)

Operating Lease Obligation (Tables)

v3.22.0.1
Operating Lease Obligation (Tables)
6 Months Ended
Dec. 31, 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

December 31, 

2021

Operating lease cost:

$

177

Total lease cost

$

177

 

  

Other information:

 

  

Cash paid for amounts included in the measurement lease liability:

 

  

Operating cash flows from operating lease

$

177

Operating cash flows from operating lease obligation

$

10

Six Months Ended

December 31, 

2021

Operating lease cost:

$

212

Total lease cost

$

212

 

  

Other information:

 

  

Cash paid for amounts included in the measurement lease liability:

 

  

Operating cash flows from operating lease

$

212

Operating cash flows from operating lease obligation

$

10

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 December 31:

    

Principal

    

Imputed Interest

    

Total

2022

$

160

$

401

$

561

2023

407

378

785

2024

 

456

 

347

 

803

2025

 

511

 

312

 

823

2026

 

570

 

148

 

718

Thereafter

 

3,456

 

3,391

 

6,847

 

  

 

  

 

  

Total minimum lease payments

 

5,560

$

4,977

$

10,537

Less: current portion

 

(160)

 

  

 

  

Long-term portion of minimum lease obligation

$

5,400