v3.23.1

Leases (Tables) | 9 Months Ended
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Mar. 31, 2023
Leases [Abstract] |
Schedule of Operating Lease Liabilities | As of March 31, 2023, the maturities of the Company’s operating lease liabilities were as follows:
(in thousands) |  |
2023 (remaining three months) | $ | 644 |  |
2024 | 1,213 |  |
2025 | 45 |  |
Total undiscounted lease payments | 1,902 |  |
Less imputed interest | (33) |  |
Total present value of lease liabilities | $ | 1,869 |  | (1)
(1)Includes current portion of operating lease liabilities of $1.6 million.
Summary of Additional Information Related to Operating and Finance Lease | The following summarizes additional information related to the Company’s operating leases:
| As of March 31, 2023 |  | As of June 24, 2022
Weighted-average remaining lease term (in years) | 1.3 |  | 1.8
Weighted-average discount rate | 3.4 | % |  | 3.4 | %
Schedule of Supplemental Cash Flow and Other Information Related to Leases | The following table presents supplemental disclosure for the unaudited condensed consolidated statement of cash flows related to operating and finance leases for the three and nine months ended March 31, 2023 and March 25, 2022:
| Three Months Ended |  | Nine Months Ended
(in thousands) | March 31, 2023 |  | March 25, 2022 |  | March 31, 2023 |  | March 25, 2022
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |  |  |
Operating cash flows from operating leases | $ | 575 |  |  | $ | 678 |  |  | $ | 1,877 |  |  | $ | 2,076 |
Financing cash flows from finance leases | $ | 2 |  |  | $ | — |  |  | $ | 7 |  |  | $ | — |
ROU assets obtained in exchange for lease liabilities | $ | — |  |  | $ | — |  |  | $ | 79 |  |  | $ | 38 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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