v3.23.1
Leases (Tables)
9 Months Ended
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 
20241,213 
202545 
Total undiscounted lease payments1,902 
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)1.31.8
Weighted-average discount rate3.4 %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 EndedNine 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$$— $$— 
ROU assets obtained in exchange for lease liabilities$— $— $79 $38