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LEASES | 9 Months Ended
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Mar. 31, 2025
Leases [Abstract] |
LEASES | LEASES Lessee Accounting We have operating leases which are real estate leases used for corporate functions, product development, sales, and other purposes. The following table provides supplemental balance sheet information related to the Company's operating leases:
($ in thousands) |  | Balance Sheet Classification |  | March 31, 2025 |  | June 30, 2024
Assets: |  |  |  |  |  |
Non-current |  | Operating lease right-of-use assets |  | $ | 7,622 |  |  | $ | 7,986 |
Liabilities: |  |  |  |  |  |
Current |  | Accrued expenses |  | $ | 1,449 |  |  | $ | 1,320 |
Long-term |  | Other noncurrent liabilities |  | 8,261 |  |  | 8,457 |
Total lease liabilities |  |  |  | $ | 9,710 |  |  | $ | 9,777 |
Supplemental cash flow information and non-cash activity related to our leases are as follows:
($ in thousands) | Nine months ended March 31,
| 2025 |  | 2024
Supplemental cash flow information: |  |  |
Cash paid for amounts included in the measurement of operating lease liabilities | $ | 1,652 |  |  | $ | 1,827 |
Non-cash activity: |  |  |
Right-of-use assets obtained in exchange for new lease obligations | $ | 532 |  |  | $ | 6,657 |
Maturities of lease liabilities by fiscal year for our leases as of March 31, 2025 are as follows:
($ in thousands) | Operating Leases
Remainder of fiscal year 2025 | $ | 431 |
2026 | 2,413 |
2027 | 1,961 |
2028 | 1,455 |
2029 | 1,490 |
Thereafter | 5,720 |
Total lease payments | 13,470 |
Less: Imputed interest | (3,760) |
Present value of lease liabilities | $ | 9,710 |
Lessor Accounting Property and equipment used for the Cantaloupe One operating lease rental program consisted of the following:
($ in thousands) |  | March 31, 2025 |  | June 30, 2024
Cost |  | $ | 33,127 |  |  | $ | 32,513 |
Accumulated depreciation |  | (26,232) |  |  | (24,742) |
Net |  | $ | 6,895 |  |  | $ | 7,771 |
For the three months ended March 31, 2025 and 2024, the Company recognize d $2.3 million and $2.1 million of revenue from its device rental program, respectively, which is included in the Subscription and Transaction fees on its Condensed Consolidated Statements of Operations. For the nine months ended March 31, 2025 and 2024, the Company recognized $6.8 million and $6.1 million of revenue from its device rental program, respectively, which is included in the Subscription and Trans action fees on its Condensed Consolidated Statements of Operations. The Company’s net investment in sales-type leases (carrying value of lease receivables) and the future minimum amounts to be collected on these lease receivables as of March 31, 2025 are disclosed within Note 4 - Finance Receivables.
LEASES | LEASES Lessee Accounting We have operating leases which are real estate leases used for corporate functions, product development, sales, and other purposes. The following table provides supplemental balance sheet information related to the Company's operating leases:
($ in thousands) |  | Balance Sheet Classification |  | March 31, 2025 |  | June 30, 2024
Assets: |  |  |  |  |  |
Non-current |  | Operating lease right-of-use assets |  | $ | 7,622 |  |  | $ | 7,986 |
Liabilities: |  |  |  |  |  |
Current |  | Accrued expenses |  | $ | 1,449 |  |  | $ | 1,320 |
Long-term |  | Other noncurrent liabilities |  | 8,261 |  |  | 8,457 |
Total lease liabilities |  |  |  | $ | 9,710 |  |  | $ | 9,777 |
Supplemental cash flow information and non-cash activity related to our leases are as follows:
($ in thousands) | Nine months ended March 31,
| 2025 |  | 2024
Supplemental cash flow information: |  |  |
Cash paid for amounts included in the measurement of operating lease liabilities | $ | 1,652 |  |  | $ | 1,827 |
Non-cash activity: |  |  |
Right-of-use assets obtained in exchange for new lease obligations | $ | 532 |  |  | $ | 6,657 |
Maturities of lease liabilities by fiscal year for our leases as of March 31, 2025 are as follows:
($ in thousands) | Operating Leases
Remainder of fiscal year 2025 | $ | 431 |
2026 | 2,413 |
2027 | 1,961 |
2028 | 1,455 |
2029 | 1,490 |
Thereafter | 5,720 |
Total lease payments | 13,470 |
Less: Imputed interest | (3,760) |
Present value of lease liabilities | $ | 9,710 |
Lessor Accounting Property and equipment used for the Cantaloupe One operating lease rental program consisted of the following:
($ in thousands) |  | March 31, 2025 |  | June 30, 2024
Cost |  | $ | 33,127 |  |  | $ | 32,513 |
Accumulated depreciation |  | (26,232) |  |  | (24,742) |
Net |  | $ | 6,895 |  |  | $ | 7,771 |
For the three months ended March 31, 2025 and 2024, the Company recognize d $2.3 million and $2.1 million of revenue from its device rental program, respectively, which is included in the Subscription and Transaction fees on its Condensed Consolidated Statements of Operations. For the nine months ended March 31, 2025 and 2024, the Company recognized $6.8 million and $6.1 million of revenue from its device rental program, respectively, which is included in the Subscription and Trans action fees on its Condensed Consolidated Statements of Operations. The Company’s net investment in sales-type leases (carrying value of lease receivables) and the future minimum amounts to be collected on these lease receivables as of March 31, 2025 are disclosed within Note 4 - Finance Receivables.
LEASES | LEASES Lessee Accounting We have operating leases which are real estate leases used for corporate functions, product development, sales, and other purposes. The following table provides supplemental balance sheet information related to the Company's operating leases:
($ in thousands) |  | Balance Sheet Classification |  | March 31, 2025 |  | June 30, 2024
Assets: |  |  |  |  |  |
Non-current |  | Operating lease right-of-use assets |  | $ | 7,622 |  |  | $ | 7,986 |
Liabilities: |  |  |  |  |  |
Current |  | Accrued expenses |  | $ | 1,449 |  |  | $ | 1,320 |
Long-term |  | Other noncurrent liabilities |  | 8,261 |  |  | 8,457 |
Total lease liabilities |  |  |  | $ | 9,710 |  |  | $ | 9,777 |
Supplemental cash flow information and non-cash activity related to our leases are as follows:
($ in thousands) | Nine months ended March 31,
| 2025 |  | 2024
Supplemental cash flow information: |  |  |
Cash paid for amounts included in the measurement of operating lease liabilities | $ | 1,652 |  |  | $ | 1,827 |
Non-cash activity: |  |  |
Right-of-use assets obtained in exchange for new lease obligations | $ | 532 |  |  | $ | 6,657 |
Maturities of lease liabilities by fiscal year for our leases as of March 31, 2025 are as follows:
($ in thousands) | Operating Leases
Remainder of fiscal year 2025 | $ | 431 |
2026 | 2,413 |
2027 | 1,961 |
2028 | 1,455 |
2029 | 1,490 |
Thereafter | 5,720 |
Total lease payments | 13,470 |
Less: Imputed interest | (3,760) |
Present value of lease liabilities | $ | 9,710 |
Lessor Accounting Property and equipment used for the Cantaloupe One operating lease rental program consisted of the following:
($ in thousands) |  | March 31, 2025 |  | June 30, 2024
Cost |  | $ | 33,127 |  |  | $ | 32,513 |
Accumulated depreciation |  | (26,232) |  |  | (24,742) |
Net |  | $ | 6,895 |  |  | $ | 7,771 |
For the three months ended March 31, 2025 and 2024, the Company recognize d $2.3 million and $2.1 million of revenue from its device rental program, respectively, which is included in the Subscription and Transaction fees on its Condensed Consolidated Statements of Operations. For the nine months ended March 31, 2025 and 2024, the Company recognized $6.8 million and $6.1 million of revenue from its device rental program, respectively, which is included in the Subscription and Trans action fees on its Condensed Consolidated Statements of Operations. The Company’s net investment in sales-type leases (carrying value of lease receivables) and the future minimum amounts to be collected on these lease receivables as of March 31, 2025 are disclosed within Note 4 - Finance Receivables.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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