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FINANCE RECEIVABLES (Tables)
12 Months Ended
Jun. 30, 2023
Receivables [Abstract]  
Schedule of finance receivables As of June 30, 2023 and 2022, finance receivables consist of the following:
As of June 30,
($ in thousands)20232022
Current finance receivables, net$6,668 $6,721 
Finance receivables due after one year, net13,307 14,727 
Total finance receivables, net of allowance of $2,098 and $760, respectively
$19,975 $21,448 
Schedule of credit quality indicators At June 30, 2023, the gross lease receivable by current payment performance on a contractual basis and year of origination consisted of the following:
Leases by Origination
($ in thousands)Up to 1 Year AgoBetween 1 and 2 Years AgoBetween 2 and 3 Years AgoBetween 3 and 4 Years AgoBetween 4 and 5 Years AgoMore than 5 Years AgoTotal
Current$6,595 $6,505 $3,304 $1,306 $846 $829 $19,385 
30 days and under66 73 69 52 22 68 350 
31 - 60 days53 40 32 42 19 71 257 
61 - 90 days60 52 26 32 16 71 257 
Greater than 90 days155 132 197 233 271 836 1,824 
Total finance receivables$6,929 $6,802 $3,628 $1,665 $1,174 $1,875 $22,073 
At June 30, 2022, the gross lease receivable by current payment performance on a contractual basis and year of origination
consisted of the following:
Leases by Origination
($ in thousands)Up to 1 Year AgoBetween 1 and 2 Years AgoBetween 2 and 3 Years AgoBetween 3 and 4 Years AgoBetween 4 and 5 Years AgoMore than 5 Years AgoTotal
Current$7,451 $5,047 $2,758 $2,593 $2,807 $103 $20,759 
30 days and under18 10 32 56 94 213 
31 - 60 days25 23 26 58 100 — 232 
61 - 90 days25 14 20 46 91 — 196 
Greater than 90 days41 47 97 232 391 — 808 
Total finance receivables$7,560 $5,141 $2,933 $2,985 $3,483 $106 $22,208 
Schedule of age analysis of finance receivables The following table represents a rollforward of the allowance for finance receivables for the year ending June 30, 2023 and 2022:
($ in thousands)Year ended June 30, 2023Year ended June 30, 2022
Balance, beginning of period$760 $1,109 
Provision for expected losses1,626 36 
Write-offs(288)(385)
Balance, end of period$2,098 $760 
Schedule of financing receivable
Cash to be collected on our performing finance receivables due for each of the fiscal years after June 30, 2023 are as follows:
($ in thousands)
2024$7,956 
20256,126 
20264,833 
20273,050 
20281,077 
Thereafter56 
Total amounts to be collected23,098 
Less: interest(1,025)
Less: allowance for expected credit losses(2,098)
Total finance receivables$19,975