Quarterly report pursuant to Section 13 or 15(d)

Operating Lease Obligations (Tables)

v3.23.3
Operating Lease Obligations (Tables)
3 Months Ended
Sep. 30, 2023
Operating Lease Obligations [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 September 30,

2023

2022

Operating lease cost:

$

141

$

141

Total lease cost

$

141

$

141

 

 

  

Other information:

 

  

 

  

Cash paid for amounts included in the measurement lease liability:

 

  

 

  

Operating cash flows from operating lease

$

141

$

141

Operating cash flows from operating lease obligation

$

155

$

Future Minimum Payments under the Operating Lease Obligation

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

Fiscal year ending on September 30:

    

Principal

    

Imputed Interest

    

Total

2024

$

400

$

235

$

635

2025

449

204

653

2026

 

504

 

170

 

674

2027

 

561

 

132

 

693

2028

 

626

 

89

 

715

Thereafter

 

881

 

43

 

924

 

  

 

  

 

  

Total minimum lease payments

 

3,421

$

873

$

4,294

Less: current portion

 

(400)

 

  

 

  

Long-term portion of minimum lease obligation

$

3,021