Quarterly report pursuant to Section 13 or 15(d)

Operating Lease Obligations (Tables)

v3.22.4
Operating Lease Obligations (Tables)
6 Months Ended
Dec. 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

Three Months Ended

December 31, 

December 31, 

2022

2021

Operating lease cost:

$

140

$

177

Total lease cost

$

140

$

177

 

  

 

  

Other information:

 

  

 

  

Cash paid for amounts included in the measurement lease liability:

 

  

 

  

Operating cash flows from operating lease

$

140

$

177

Operating cash flows from operating lease obligation

$

48

$

10

Six Months Ended

Six Months Ended

December 31, 

December 31, 

2022

2021

Operating lease cost:

$

281

$

212

Total lease cost

$

281

$

212

 

  

 

  

Other information:

 

  

 

  

Cash paid for amounts included in the measurement lease liability:

 

  

 

  

Operating cash flows from operating lease

$

281

$

10

Operating cash flows from operating lease obligation

$

51

$

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

2023

$

315

$

255

$

570

2024

412

228

640

2025

 

462

 

196

 

658

2026

 

518

 

161

 

679

2027

 

577

 

121

 

698

Thereafter

 

1,355

 

106

 

1,461

 

  

 

  

 

  

Total minimum lease payments

 

3,639

$

1,067

$

4,706

Less: current portion

 

(315)

 

  

 

  

Long-term portion of minimum lease obligation

$

3,324