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Leases (Tables)
12 Months Ended
Jun. 30, 2022
Leases  
Schedule of leases

The table below summarized the Company’s leases for the years ended June 30, 2022 and 2021 (in thousands, except years and discount rate):

Years Ended June 30, 

 

    

2022

    

2021

Statements of Operations:

Operating lease costs

$

52

$

52

Statements of Cash Flow:

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

62

$

60

Balance Sheets:

Operating lease ROU asset (included in other assets)

$

21

$

71

Accrued liabilities and other - current

26

64

Operating lease liability - long-term

21

Other:

Weighted average remaining lease term in years

0.42

1.34

Weighted average discount rate

5.15

%

5.15

%

Schedule of future minimum lease payments associated with the Company's non-cancellable operating lease for office space

As of June 30, 2022, the future minimum lease payments associated with the Company’s non-cancellable operating lease for office space are as follows (in thousands):

Fiscal Year

    

June 30, 2022

2023

$

26

Total operating lease payments

26

Less: discount to present value

Total operating lease liabilities

26

Less: current operating lease liabilities

26

Non current operating lease liabilities

$