XML 22 R9.htm IDEA: XBRL DOCUMENT
v3.25.3

Note 3 - Leases | 3 Months Ended
--- | ---
Sep. 30, 2025
Notes to Financial Statements |
Lessee, Operating and Finance Leases Disclosure [Text Block] | (3) Leases On April 27, 2021, the Company entered into a lease for a research and development facility of approximately 5,960 square feet in Austin, Texas (the “R&D Facility”). On January 20, 2025, entered into the Donley Facilities Lease Extension as further described below. On November 22, 2022, Astrotech entered into a sublease agreement for an additional facility directly adjacent to the R&D facility (the “Subleased Facility”). The Subleased Facility consists of approximately 3,900 square feet and will provide the space needed as the Company launches its AgLAB products and continues its R&D efforts at ATI and BreathTech. The sublease commenced on December 1, 2022, and has a lease term of 29 months. The R&D Facility and the Subleased Facility are collectively referred to herein as the “Donley Facilities.” On January 20, 2025, the Company entered into a lease extension to extend the terms of the leases associated with the Donley Facilities, effective May 1, 2025 (“Donley Facilities Lease Extension”). We are currently continuing the lease on a month-to-month basis. The monthly rent for the Donley Facilities is $14,186 during the initial extension period. On January 29, 2025, we entered into a new lease agreement for a facility of approximately 17,628 square feet in Austin, Texas (the “Metric Facility”) for a term of 89 months, which such term commences July 1, 2025. The Metric Facility is intended to support and encompass all Austin-based functions. Our total contractual base rent obligation for the Metric Facility is approximately $3.0 million, less a tenant allowance of $317.3 thousand. The balance sheet presentation of the Company’s operating and finance leases is as follows:
(In thousands) | Classification on the Condensed Consolidated Balance Sheet |  | September 30, 2025 |  |  | June 30, 2025 |
Assets: |  |  |  |  |  |  |  |  |
Operating lease assets | Operating leases, right-of-use assets, net |  | $ | 2,044 |  |  | $ | 2,225 |
Financing lease assets | Property and equipment, net |  | $ | 202 |  |  |  | 79 |
Total lease assets |  | $ | 2,246 |  |  | $ | 2,304 |
Liabilities: |  |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |  |
Operating lease obligations | Lease liabilities, current |  | $ | 360 |  |  | $ | 381 |
Financing lease obligations | Lease liabilities, current |  |  | 24 |  |  |  | 24 |
Non-current: |  |  |  |  |  |  |  |  |
Operating lease obligations | Lease liabilities, non-current |  |  | 2,115 |  |  |  | 2225 |
Financing lease obligations | Lease liabilities, non-current |  |  | 45 |  |  |  | 49 |
Total lease liabilities |  | $ | 2,544 |  |  | $ | 2,679 |
Future minimum lease payments as of September 30, 2025, under non-cancellable leases are as follows (in thousands):
(In thousands) |  |  |  |  |  |  |  |  |  |  |  |
For the Year Ended September 30, |  | Operating Leases |  |  | Financing Leases |  |  | Total |
2026 |  | $ | 284 |  |  | $ | 20 |  |  | $ | 304 |
2027 |  |  | 361 |  |  |  | 27 |  |  |  | 388 |
2028 |  |  | 374 |  |  |  | 27 |  |  |  | 401 |
2029 |  |  | 388 |  |  |  | — |  |  |  | 388 |
2030 |  |  | 403 |  |  |  | — |  |  |  | 403 |
2031 |  |  | 454 |  |  |  | — |  |  |  | 454 |
Thereafter |  |  | 692 |  |  |  | — |  |  |  | 692 |
Total lease obligations |  |  | 2,956 |  |  |  | 74 |  |  |  | 3,030 |
Less: imputed interest |  |  | (481 | ) |  |  | (5 | ) |  |  | (486 | )
Present value of net minimum lease obligations |  |  | 2,475 |  |  |  | 69 |  |  |  | 2,544 |
Less: lease liabilities - current |  |  | (360 | ) |  |  | (24 | ) |  |  | (384 | )
Lease liabilities - non-current |  | $ | 2,115 |  |  | $ | 45 |  |  | $ | 2,160 |
Other information as of September 30, 2025, is as follows:
Weighted-average remaining lease term (years): |  |  |  |
Operating leases |  |  | 7.17 |
Financing leases |  |  | 2.75 |
Weighted-average discount rate: |  |  |  |
Operating leases |  |  | 4.8 | %
Financing leases |  |  | 6.1 | %
Cash payments for operating leases for the three months ended September 30, 2025, and 2024 were $63 thousand and $43 thousand, respectively. Cash payments for financing leases for the three months ended September 30, 2025, and 2024, were $8 thousand and $45 thousand respectively.

X
- Definition The entire disclosure for operating and finance leases of lessee. + References No definition available. + Details
Name: | astc_LesseeOperatingAndFinanceLeasesDisclosureTextBlock
Namespace Prefix: | astc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration