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Leases (Tables) | 6 Months Ended
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Dec. 31, 2024
Leases [Abstract] |
Schedule of Components of Lease Costs | The components of lease costs were as follows (in thousands):
|  | Three Months Ended December 31, |  |  | Six Months Ended December 31, |
Operating Leases: |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Operating lease cost |  | $ | 1,678 |  |  | $ | 1,486 |  |  | $ | 3,383 |  |  | $ | 2,986 |
Short-term lease cost |  |  | 678 |  |  |  | 406 |  |  |  | 870 |  |  |  | 677 |
Variable lease cost |  |  | 134 |  |  |  | 28 |  |  |  | 250 |  |  |  | 55 |
Schedule of Weighted Average Operating Leases Term and Discount Rate | The weighted-average remaining lease term of the Company’s operating leases and the weighted-average discount rate used to measure the present value of the operating lease liabilities are as follows:
Lease Term and Discount Rate: |  | December 31, 2024 |  |  | December 31, 2023 |
Weighted-average remaining lease term (in years) |  |  | 5.0 |  |  |  | 5.8 |
Weighted-average discount rate |  |  | 6.9 | % |  |  | 7.1 | %
Schedule of Supplemental Cash Flow Information Related to Operating Leases | The following table presents supplemental cash flow information related to the Company's operating leases (in thousands):
|  | Six Months Ended December 31, |
|  | 2024 |  |  | 2023 |
Cash payments included in the measurement of operating lease liabilities |  | $ | 3,461 |  |  | $ | 3,102 |
ROU assets obtained in exchange for new operating lease liabilities |  |  | (419 | ) |  |  | 501 |
Schedule of Remaining Maturities of Operating Lease Liabilities And Future Minimum Lease Payments | As of December 31, 2024, remaining maturities of operating lease liabilities are as follows (in thousands):
Fiscal Year Ending June 30, |  | Amount |
2025 (remaining 6 months) |  | $ | 3,635 |
2026 |  |  | 5,259 |
2027 |  |  | 4,314 |
2028 |  |  | 4,605 |
2029 |  |  | 5,018 |
2030 and thereafter |  |  | 3,748 |
Total lease payments |  |  | 26,579 |
Less: imputed interest |  |  | (4,067 | )
Present value of operating lease liabilities |  | $ | 22,512 |

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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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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