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Leases (Tables)
6 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Condensed Consolidated Balance Sheet Classification of Lease Assets and Liabilities

 

The condensed consolidated balance sheet classification of lease assets and liabilities are as follows:

 

(In thousands)

 

 

 

 

Assets

 

December 31, 2019

 

Operating lease right-of-use assets, beginning balance

 

$

1,608

 

Current period amortization

 

 

(172

)

Adjustment for lease amendment

 

 

(414

)

Total operating lease right-of-use asset

 

$

1,022

 

 

(In thousands)

 

 

 

 

Liabilities

 

December 31, 2019

 

Operating lease liabilities, beginning balance

 

$

1,608

 

Current period reduction

 

 

(141

)

Adjustment for lease amendment

 

 

(414

)

Total lease liabilities

 

$

1,053

 

 

 

 

 

 

 

Schedule of Future Minimum Lease Payments

Future minimum lease payments as of December 31, 2019 under non-cancellable operating leases are as follows:

 

(In thousands)

 

 

 

 

For the Year Ended June 30,

 

December 31, 2019

 

2020

 

$

196

 

2021

 

 

414

 

2022

 

 

389

 

2023

 

 

219

 

2024

 

 

36

 

Thereafter

 

 

 

Total lease payments

 

 

1,254

 

Less: imputed interest

 

 

201

 

Operating lease liability

 

 

1,053

 

Less: operating lease liabilities - current

 

 

301

 

Operating lease liabilities - non-current

 

$

752