Quarterly report pursuant to Section 13 or 15(d)

Operating Lease Obligation (Tables)

v3.22.1
Operating Lease Obligation (Tables)
9 Months Ended
Mar. 31, 2022
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

March 31, 

2022

Operating lease cost:

$

169

Total lease cost

$

169

 

  

Other information:

 

  

Cash paid for amounts included in the measurement lease liability:

 

  

Operating cash flows from operating lease

$

169

Operating cash flows from operating lease obligation

$

2

Nine Months Ended

March 31, 

2022

Operating lease cost:

$

381

Total lease cost

$

381

 

  

Other information:

 

  

Cash paid for amounts included in the measurement lease liability:

 

  

Operating cash flows from operating lease

$

381

Operating cash flows from operating lease obligation

$

12

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 March 31 :

    

Principal

    

Imputed Interest

    

Total

2023

$

10

$

295

$

305

2024

389

388

777

2025

 

436

 

360

 

796

2026

 

488

 

327

 

815

2027

 

545

 

289

 

834

Thereafter

 

3,690

 

3,320

 

7,010

 

  

 

  

 

  

Total minimum lease payments

 

5,558

$

4,979

$

10,537

Less: current portion

 

(10)

 

  

 

  

Long-term portion of minimum lease obligation

$

5,548