Leases (Tables)

12 Months Ended

Jun. 30, 2023

Leases [Abstract]

Schedule of Operating Lease Liabilities

As of June 30, 2023, the maturities of the Company’s operating lease liabilities were as follows:

(in thousands)
2024	$	1,217
2025	71
Total undiscounted lease payments	1,288
Less imputed interest	(21)
Total present value of lease liabilities	$	1,267	(1)

(1)Includes current portion of operating lease liabilities of $1.2 million.

Summary of Additional Information Related to Operating and Finance Leases

The following summarizes additional information related to the Company’s operating leases:

	As of June 30, 2023
Weighted-average remaining lease term (in years)
Operating leases	1.2
Weighted-average discount rate
Operating leases	3.4	%

Schedule of Supplemental Cash Flow Information Related to Operating Leases

The following information represents supplemental disclosure for the statement of cash flows related to operating leases:

(in thousands)	Year Ended June 30, 2023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	2,477
Financing cash flows from finance leases	$	9
ROU assets obtained in exchange for lease liabilities	$	312