LEASE COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Mar. 31, 2025

LEASE COMMITMENTS AND CONTINGENCIES

Summary of future minimum lease payments

	(in thousands)
	Total
Operating leases	Payments
2025	$	77
2026		313
2027		326
2028		303
2029		266
2030		159
Total undiscounted operating lease payments	$	1,444
Less imputed interest (at 8.42%)		(246)
Present value of operating lease payments	$	1,198

Schedule of ROU assets and operating lease liabilities

Assets	(in thousands)
ROU assets-net	$	1,142
Liabilities
Current operating lease liabilities	$	219
Long-term operating lease liabilities		979
Total ROU liabilities	$	1,198