iBio Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Finance Lease Obligation (Tables)

Finance Lease Obligation (Tables)

9 Months Ended

Mar. 31, 2023

Schedule of components of lease expense and supplemental balance sheet information related to the finance lease obligation

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


	Three Months Ended		Three Months Ended
	March 31,		March 31,
	2023		2022
Finance lease cost:
Amortization of ROU assets	$	68	$	—
Interest on lease liabilities		16		—
Total lease cost	$	84	$	—

Other information:
Cash paid for amounts included in the measurement lease liabilities:
Operating cash flows from finance lease	$	—	$	—
Financing cash flows from finance lease obligations	$	62	$	—


	Nine Months Ended		Nine Months Ended
	March 31,		March 31,
	2023		2022
Finance lease cost:
Amortization of ROU assets	$	156	$	—
Interest on lease liabilities		33		—
Total lease cost	$	189	$	—

Other information:
Cash paid for amounts included in the measurement lease liabilities:
Operating cash flows from finance lease	$	—	$	—
Financing cash flows from finance lease obligations	$	144	$	—

Schedule of finance lease and weighted average information

Future Minimum Payments Under the Finance Lease Obligation

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


Fiscal period ending on March 31:	Principal		Interest		Total
2024	$	265	$	54	$	319
2025		292		28		320
2026		130		3		133

Total minimum lease payments		687	$	85	$	772
Less: current portion		(265)
Long-term portion of minimum lease obligations	$	422