Finance Lease ROU Assets |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||
| Finance Lease ROU Assets | |||||||||||||||||||||||||||||||||||||||||||
| Finance Lease ROU Assets |
8. Finance Lease ROU Assets The Company assumed three equipment leases in September 2022 as part of the RubrYc asset acquisition (see Note 5 – Significant Transactions for additional information). During the first quarter of fiscal year 2026, the Company returned one of leased assets and purchased one of the leased assets. The Company anticipates purchasing the remaining leased asset during the second quarter of fiscal year 2026. 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 was approximately $68,000 and $68,000 for the three months ended September 30, 2025 and 2024, respectively. |
||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The entire disclosure for sale leaseback transaction. Includes, but is not limited to, terms and conditions of transaction and gain (loss) from transaction. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
|