Finance Lease ROU Assets
|3 Months Ended|
Sep. 30, 2023
|Finance Lease ROU Assets [Abstract]|
|Finance Lease ROU Assets||
9. Finance Lease ROU Assets
As discussed above, the Company assumed three equipment leases as part of the RubrYc asset acquisition. In addition, the Company leased a mobile office trailer which is classified as part of assets held for sale. The mobile office trailer lease was terminated in December 2022. See Note 14 – Finance Lease Obligations for more details of the terms of the leases.
The following table summarizes by category the gross carrying value and accumulated amortization of finance lease ROU (in thousands):
Amortization of finance lease ROU assets for continuing operations was approximately $68,000 and $0 for the three months ended September 30, 2023 and 2022, respectively. Amortization of finance lease ROU assets for discontinued operations was approximately $0 and $13,000 for the three months ended September 30, 2023 and 2022, respectively.
The entire disclosure for lessee's right to use underlying asset under finance lease.
No definition available.