Lessee Operating Leases (Tables)

9 Months Ended

Mar. 31, 2021

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)	March 31, 2021			June 30, 2020
Facilities
Right of use assets	$	5,135		$	6,066

Current portion of lease liabilities		1,770			1,371
Lease liabilities, net of current portion		3,637			4,989
Total liabilities	$	5,407		$	6,360

Weighted-average remaining life	3.4 years			4.4 years
Weighted-average discount rate		11.4	%		11.7	%

Vehicles
Right of use assets	$	104		$	80

Current portion of lease liabilities		29			18
Lease liabilities, net of current portion		75			62
Total liabilities	$	104		$	80

Weighted-average remaining life	3.6 years			3.7 years
Weighted-average discount rate		10.1	%		12.3	%

Equipment
Right of use assets	$	37		$	93

Current portion of lease liabilities		29			34
Lease liabilities, net of current portion		8			59
Total liabilities	$	37		$	93

Weighted-average remaining life	.9 years			2.6 years
Weighted-average discount rate		10.8	%		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 March 31,				For the nine months ended March 31,
(in thousands)	2021		2020		2021		2020
Facilities
Operating lease cost	$	559	$	514	$	1,638	$	1,561
Cash paid for operating leases		527		524		1,616		1,535

Vehicles
Operating lease cost	$	23	$	6	$	37	$	20
Cash paid for operating leases		9		6		23		20

Equipment
Operating lease cost	$	12	$	11	$	34	$	33
Cash paid for operating leases		12		11		34		33

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 three months ending June 30, 2021	$	606
For the year ending June 30, 2022		2,271
For the year ending June 30, 2023		1,570
For the year ending June 30, 2024		1,127
For the year ending June 30, 2025		635
Thereafter		480
Total lease payments	$	6,689
Imputed interest		(1,141	)
Total lease liabilities	$	5,548