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Leases (Tables)
9 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Components of Lease Expense

The components of lease expense were as follows (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease expense

 

$

838

 

 

$

959

 

 

$

2,489

 

 

$

2,774

 

Short-term lease expense

 

 

189

 

 

 

157

 

 

 

578

 

 

 

652

 

Variable lease expense (1)

 

 

65

 

 

 

34

 

 

 

204

 

 

 

143

 

Total lease expense

 

$

1,092

 

 

$

1,150

 

 

$

3,271

 

 

$

3,569

 

 

(1) Variable lease expense is primarily composed of common area maintenance charges.

Supplemental Information Related to Operating Leases

Supplemental information related to operating leases was as follows (in thousands, except lease term and discount rate):

 

 

 

Nine Months Ended

 

 

 

March 31,

 

 

 

2026

 

 

2025

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

Operating cash flows used for operating leases

 

$

2,363

 

 

$

2,581

 

 

 

 

 

 

 

 

Lease liabilities arising from obtaining right-of-use assets

 

 

 

 

 

 

Operating leases

 

$

404

 

 

$

2,525

 

 

 

 

 

 

 

 

Weighted average remaining lease term - operating leases

 

3.3 years

 

 

4.1 years

 

Weighted average discount rate - operating leases

 

 

7.3

%

 

 

7.3

%

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of March 31, 2026 were as follows (in thousands):

 

Fiscal Year Ending June 30,

 

 

 

Amount

 

2026 (remaining three months)

 

 

 

$

860

 

2027

 

 

 

 

3,367

 

2028

 

 

 

 

3,421

 

2029

 

 

 

 

2,175

 

2030

 

 

 

 

957

 

Thereafter

 

 

 

 

146

 

Total minimum lease payments

 

 

 

$

10,926

 

Less imputed interest

 

 

 

 

(2,512

)

Present value of net minimum lease payments

 

 

 

$

8,414

 

Operating lease liabilities:

 

 

 

 

 

Current (included in Accrued Liabilities)

 

 

 

$

2,787

 

Noncurrent

 

 

 

 

5,627

 

Total

 

 

 

$

8,414