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Leases (Tables)
9 Months Ended
Mar. 29, 2024
Leases [Abstract]  
Schedule of Operating Lease Liabilities
As of March 29, 2024, the maturities of the Company’s operating lease liabilities were as follows:
(in thousands)
2024 (remaining three months) $444 
20251,342 
20261,272 
2027477 
202815 
Thereafter
Total undiscounted lease payments3,551 
Less imputed interest(215)
Total present value of lease liabilities$3,336 (1)
(1)Includes current portion of operating lease liabilities of $1.3 million.
Summary of Additional Information Related to Operating and Finance Lease
The following summarizes additional information related to the Company’s operating leases:
 
As of
March 29, 2024
As of
June 30, 2023
Weighted-average remaining lease term (in years)2.51.2
Weighted-average discount rate4.6 %3.4 %
Schedule of Supplemental Cash Flow and Other Information Related to Leases
The following table presents supplemental disclosure for the unaudited condensed consolidated statements of cash flows related to operating and finance leases for the three and nine months ended March 29, 2024 and March 31, 2023:
Three Months EndedNine Months Ended
(in thousands)March 29,
2024
March 31,
2023
March 29,
2024
March 31,
2023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$442 $575 $2,186 $1,877 
Financing cash flows from finance leases$— $$— $
ROU assets obtained in exchange for lease liabilities$632 $— $3,406 $79