LEASES (Tables)

12 Months Ended

Jun. 30, 2022

Leases [Abstract]

Assets and Liabilities

($ in thousands)	Balance Sheet Classification	As of June 30, 2022		As of June 30, 2021
Assets
Operating leases	Operating lease right-of-use assets	$	2,370	$	3,049
Liabilities
Current	Accrued expenses	1,538		1,166
Long-term	Operating lease liabilities, non-current	2,366		3,645
Total lease liabilities		$	3,904	$	4,811

Lease Costs

Components of lease cost are as follows:

($ in thousands)	Year ended June 30, 2022		Year ended June 30, 2021
Operating lease costs*	$	1,923	$	2,079

* Includes short-term lease and variable lease costs, which are not material.

Supplemental cash flow information and non-cash activity related to our leases are as follows:

($ in thousands)	Year ended June 30, 2022		Year ended June 30, 2021
Supplemental cash flow information:
Cash paid for amounts included in the measurement of operating lease liabilities	$	1,737	$	1,635
Non-cash activity
Right-of-use assets obtained in exchange for lease obligations
Operating lease liabilities	$	471	$	—

Weighted-average remaining lease term and discount rate for our leases are as follows:

	Year ended June 30, 2022		Year ended June 30, 2021
Weighted-average remaining lease term (years)
Operating leases	3.4		4.3
Weighted-average discount rate
Operating leases	6.8	%	6.9	%

Maturities of Lease Liabilities, Operating Leases

Maturities of lease liabilities by fiscal year for our leases are as follows:

($ in thousands)	Operating Leases
2023	$	1,758
2024	1,029
2025	707
2026	628
2027	265
Thereafter	—
Total lease payments	$	4,387
Less: Imputed interest	(483)
Present value of lease liabilities	$	3,904

Property and Equipment Used for Operating Lease Rental Program

Property and equipment used for the Company's operating lease rental program consisted of the following:

($ in thousands)	June 30, 2022		June 30, 2021
Cost	$	25,242	26,753
Accumulated depreciation	(22,914)		(24,487)
Net	$	2,328	$	2,266