Operating leases (Tables)

3 Months Ended

Sep. 30, 2022

Operating leases [Abstract]

Quantitative Data Related to Operating Leases

The following includes quantitative data related to the Company’s operating leases as of September 30, 2022 and June 30, 2022, and for the three months ended September 30, 2022 and 2021:

(In thousands, except weighted-average information).
Operating lease amounts:	September 30, 2022		June 30, 2022
Right-of-use assets	$	1,899	$	1,980
Lease liabilities	$	1,961	$	2,040

	For the three months ended September 30,
	2022		2021
(In thousands)
Other information:
Operating outgoing cash flows from operating leases	$	89	$	87
Lease costs:
Operating lease cost	$	81	$	80
Variable lease cost	$	10	$	10

Undiscounted Cash Flows of Operating Lease Liabilities

The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, as of September 30, 2022:

(in thousands)
Within the twelve months ended September 30,
2023	$	361
2024		376
2025		375
2026		346
2027		278
Thereafter		347
Total undiscounted cash flow		2,083
Less net present value adjustment		(122	)
Lease Liability	$	1,961
Weighted-average remaining lease term (Years)		4.63
Weighted-average discount rate		2.14	%