iBio Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Operating Lease Obligations (Tables)

Operating Lease Obligations (Tables)

12 Months Ended

Jun. 30, 2024

Operating Lease Obligations

Lease Expense and Supplemental Balance Sheet Information Related to the Operating Lease Obligation


	Years Ended June 30,
	2024				2023
Operating lease cost:	$	563			$	563
Total lease cost	$	563			$	563

Other information:
Cash paid for amounts included in the measurement lease liability:
Operating cash flows from operating lease	$	563			$	563
Operating cash flows from operating lease obligation	$	631			$	307

	June 30,				June 30,
	2024				2023
Operating lease ROU assets	$	2,401			$	2,722
Operating lease obligations - current portion	$	436			$	389
Operating lease obligations - noncurrent portion	$	2,688			$	3,125
Weighted average remaining lease term - operating leases		5.50	years			6.50	years
Weighted average discount rate - operating lease obligations		7.25	%			7.25	%

Future Minimum Payments under the Operating Lease Obligation


Fiscal year ending on June 30:		Principal			Imputed Interest			Total
2025		$	436		$	212		$	648
2026			490			179			669
2027			546			142			688
2028			609			100			709
2029			677			54			731
Thereafter			366			8			374

Total minimum lease payments			3,124		$	695		$	3,819
Less: current portion			(436)
Long-term portion of minimum lease obligation		$	2,688