Lessee Operating Leases (Tables)

6 Months Ended

Dec. 31, 2020

Schedule of Additional Details of Lease Presented in Balance Sheet

The following table provides additional details of the leases presented in the balance sheets:

(in thousands)	December 31, 2020			June 30, 2020
Facilities
Right of use assets	$	4,916		$	5,265

Current portion of lease liabilities		1,467			1,560
Lease liabilities, net of current portion		3,719			3,990
Total liabilities	$	5,186		$	5,550

Weighted-average remaining life	3.8 years			3.9 years
Weighted-average discount rate		11.7	%		11.7	%

Vehicles
Right of use assets	$	52		$	61

Current portion of lease liabilities		20			20
Lease liabilities, net of current portion		32			41
Total liabilities	$	52		$	61

Weighted-average remaining life	2.2 years			2.8 years
Weighted-average discount rate		12.3	%		12.3	%

Equipment
Right of use assets	$	47		$	66

Current portion of lease liabilities		31			37
Lease liabilities, net of current portion		16			29
Total liabilities	$	47		$	66

Weighted-average remaining life	1.5 years			2.0 years
Weighted-average discount rate		12.5	%		12.5	%

Schedule of Operating Lease Cost

Operating lease costs are included in the operating expense associated with the business segment leasing the asset on the statements of operations and are included in cash flows from operating activities on the statements of cash flows.

Certain operating leases include variable lease costs which are not material and are included in operating lease costs. Additional details are presented in the following table:

	For the three months ended December 31,				For the six months ended December 31,
(in thousands)	2020		2019		2020		2019
Facilities
Operating lease cost	$	549	$	519	$	1,079	$	1,047
Cash paid for operating leases		541		513		1,089		1,011

Vehicles
Operating lease cost	$	7	$	7	$	14	$	14
Cash paid for operating leases		7		7		14		14

Equipment
Operating lease cost	$	11	$	11	$	22	$	22
Cash paid for operating leases		11		11		22		22

Schedule of Company's Undiscounted Cash Payment Obligations for Operating Lease

The following table summarizes the Company’s undiscounted cash payment obligations for its operating leases:

(in thousands)
For the six months ending June 30, 2021	$	1,127
For the year ending June 30, 2022		2,035
For the year ending June 30, 2023		1,386
For the year ending June 30, 2024		1,014
For the year ending June 30, 2025		531
Thereafter		424
Total lease payments	$	6,517
Imputed interest		(1,232	)
Total lease liabilities	$	5,285