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Leases (Tables)

3 Months Ended

Sep. 30, 2025

Leases [Abstract]

Schedule of Maturity of Operating Lease Liabilities

The following table provides details of the Company’s future minimum lease payments under operating lease liabilities recorded on the Company’s condensed consolidated balance sheet as of September 30, 2025. The table below does not include commitments that are contingent on events or other factors that are currently uncertain or unknown.

Fiscal years ending June 30,		Total Operating Lease Obligations (in thousands)
2026 (remainder of)		$	3,382
2027			3,902
2028			2,870
2029			2,179
2030			1,916
Thereafter			1,035
Total minimum lease payments			15,284
Less: amounts representing interest			1,338
Present value of minimum lease payments			13,946
Less: current portion			3,909
Long-term portion		$	10,037

Schedule of Operating Leases

The table below presents additional information related to the Company’s operating leases (in thousands):

		Three months ended September 30,
		2025				2024
Operating lease cost
Operating lease cost (1)		$	1,133			$	956
Variable lease cost (2)			1,363				1,783
Total lease cost		$	2,496			$	2,739

(1) Expenses are classified as selling, general and administrative expenses in the Company’s condensed consolidated statements of operations.

(2) Certain of the Company’s subsidiaries lease space at locations where (i) they install laundry equipment and customers pay for the use of equipment and (ii) the leased space is paid for as part of a revenue sharing arrangement. These expenses are classified within cost of sales in the Company’s consolidated statements of operations.

The table below presents lease-related terms and discount rates as of September 30, 2025:

		September 30, 2025
Weighted average remaining lease terms
Operating leases		4.15 years
Weighted average discount rate
Operating leases		4.16 %

Schedule of Supplemental Cash Flow Information Related to the Company’s Long-Term Operating Lease Liabilities

The table below presents supplemental cash flow information related to the Company’s long-term operating lease liabilities for the three months ended September 30, 2025 and 2024 (in thousands):

		Three months ended September 30,
		2025				2024
Cash paid for amounts included in the measurement of lease liabilities:		$	1,133			$	956
Operating lease right-of-use assets obtained in exchange for operating lease liabilities:		$	2,642			$	1,364

Schedule of Future Minimum Lease Payments Receivable

The future minimum lease payments receivable for sales type leases are as follows (in thousands):

Fiscal years ending June 30,		Total Minimum Lease Payments Receivable				Amortization of Unearned Income				Net Investment in Sales Type Leases
2026 (remainder of)		$	4,064			$	2,585			$	1,479
2027			4,274				2,754				1,520
2028			3,262				1,921				1,341
2029			2,307				1,212				1,095
2030			1,420				712				708
Thereafter			1,653				760				893
										$	7,036	*

* Excludes residual values of $2.8 million.

X

- 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

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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

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X

- Definition

Tabular disclosure of maturity of undiscounted cash flows to be received on annual basis for sales-type and direct financing leases receivable. Includes, but is not limited to, reconciliation to lease receivable recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479773/842-30-50-10

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- Definition

Tabular disclosure of supplemental cash flow information for the periods presented.

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