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Leases (Tables)
9 Months Ended
Mar. 31, 2020
Leases  
Schedule of leases on consolidated balance sheet

The following tables present information about leases on our consolidated balance sheet (in thousands):

 

 

 

 

 

 

 

As of March 31, 2020

Assets:

 

 

 

Operating lease right-of-use assets

 

$

3,363

Liabilities:

 

 

 

Operating lease liabilities

 

 

1,726

Operating lease liabilities, net of current portion

 

 

1,837

 

Schedule of lease cost

The following table presents information about the weighted average lease term and discount rate as follows:

 

 

 

 

 

 

 

    

As of March 31, 2020

 

Weighted average remaining lease term (in years)

 

 

2.23

 

Weighted average discount rate

 

 

4.82

%

 

The following table presents information about leases on our consolidated statement of operations (in thousands):

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

March 31, 2020

 

March 31, 2020

Operating lease expense

 

$

432

 

$

1,292

Short-term lease expense

 

 

 4

 

 

12

Sublease income

 

 

154

 

 

463

 

Schedule of supplemental cash flow information related to leases

The following table presents supplemental cash flow information about our leases (in thousands):

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

March 31, 2020

 

March 31, 2020

Operating cash outflows from operating leases

 

$

457

 

$

1,351

Right-of-use assets obtained in exchange for new operating lease liabilities

 

 

 —

 

 

 —

 

Schedule of maturities of lease liabilities

As of March 31, 2020, remaining maturities of lease liabilities are as follows (in thousands):

 

 

 

 

 

Fiscal Period:

 

 

 

Remaining three months of fiscal year 2020

 

$

460

Fiscal 2021

 

 

1,861

Fiscal 2022

 

 

1,165

Fiscal 2023

 

 

194

Fiscal 2024

 

 

65

Thereafter

 

 

 —

Total minimum lease payments

 

 

3,745

Less: Imputed interest

 

 

(182)

Total 

 

$

3,563