FINANCE RECEIVABLES

The Company's finance receivables consist of financed devices under the Quickstart program and Cantaloupe devices contractually associated with the Seed platform. Predominately all of the Company's finance receivables agreements are classified as non-cancellable 60 month sales-type leases. As of September 30, 2019 and June 30, 2019 finance receivables consist of the following:



($ in thousands)	September 30, 2019		June 30, 2019
Finance receivables, net	$	7,216	6,260
Finance receivables due after one year, net	12,710		11,596
Total finance receivables, net of allowance of $607 and $606, respectively	$	19,926	$	17,856

The Company routinely evaluates outstanding finance receivables for impairment based on past due balances or accounts otherwise determined to be at a higher risk of loss. A finance receivable is classified as nonperforming if it is considered probable the Company will be unable to collect all contractual interest and principal payments as scheduled.

At September 30, 2019 and June 30, 2019, credit quality indicators consisted of the following:



($ in thousands)	September 30, 2019		June 30, 2019
Performing	$	19,926	$	17,856
Nonperforming	607		606
Total	$	20,533	$	18,462

An aged analysis of the Company's finance receivables as of September 30, 2019 and June 30, 2019 is as follows:



($ in thousands)	September 30, 2019		June 30, 2019
Current	$	19,338	$	17,506
30 days and under past due	182		200
31 - 60 days past due	79		43
61 - 90 days past due	200		145
Greater than 90 days past due	734		568
Total finance receivables	$	20,533	$	18,462

Cash to be collected on our finance receivables due for each of the fiscal years are as follows:



($ in thousands)
2020	$	8,141
2021	5,758
2022	5,113
2023	3,505
2024	1,678
Thereafter	255
Total amounts to be collected	24,450
Less: interest	$	3,917
Total finance receivables	$	20,533