Leases (Tables)

6 Months Ended

Dec. 31, 2024

Leases

Schedule of Components of Lease Expense

Components of lease expense were as follows for the three and six months ending December 31, 2024, and 2023:

	Three Months		Three Months		Six Months		Six Months
	Ended		Ended		Ended		Ended
	December 31,		December 31,		December 31,		December 31,
Lease Cost ($ in thousands)	2024		2023		2024		2023
Finance Lease Cost:
Amortization of Right of Use Assets		364		46		743		93
Interest on lease liabilities		130		1		272		3
Capitalized Operating Lease Cost		1,062		920		2,123		1,853
Short – Term Lease Cost		20		-		30		-
Variable Lease Cost		264		1,367		506		1,592
Total Lease Cost		1,840		2,334		3,674		3,541
Other Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases		-		1		-		3
Operating cash flows from Capitalized Operating leases		559		1,026		1,357		2,046
Financing cash flows from finance leases		709		50		1,421		99

	December 31, 2024			June 30, 2024
Right of use assets obtained in exchange for new finance lease liabilities		6457			7,853
Right of use assets obtained in exchange for new Capitalized Operating lease liabilities		-			21,900
Net ROU remeasurement		-			(9	)
Weighted average remaining lease term - finance leases (in Years)		2.08	%		2.86	%
Weighted average remaining lease term - Capitalized Operating leases (in Years)		6.11			6.50
Weighted average discount rate - finance leases		7.22	%		7.22	%
Weighted average discount rate - Capitalized Operating leases		5.7	%		5.7	%

Schedule of Maturities of Lease Liabilities

Maturities of operating and finance lease liabilities as of December 31, 2024, are as follows:

($ in thousands)	Operating Leases		Finance Leases
Remaining in fiscal ending June 30, 2025		1,757		1,670
2026		4,148		3,340
2027		4,154		1,987
2028		4,232		-
2029		4,352		-
Thereafter		7,173		-
Total Lease Payments		25,816		6,997
Less Imputed Interest		(4,073)		(540)
Present Value Obligations		21,743		6,457
Short-term Liability		2,699		2,947
Long-term Liability		19,044		3,510