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FINANCE RECEIVABLES
 6 Months Ended
Dec. 31, 2024
Receivables [Abstract]  
FINANCE RECEIVABLES FINANCE RECEIVABLES
The Company's finance receivables consist of devices under its financing program. Predominately all of the Company’s finance receivables agreements are classified as non-cancellable sixty-month sales-type leases.
The Company collects lease payments from customers primarily as part of the flow of funds from our transaction processing services. Balances are considered past due if customers do not have sufficient transaction revenue to cover the monthly lease payment by the end of the monthly billing period.

At December 31, 2024, 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$2,205 $1,956 $5,374 $2,196 $374 $115 $12,220 
30 days and under38 39 133 98 46 12 366 
31 - 60 days13 19 78 87 45 12 254 
61 - 90 days9 13 91 35 50 30 228 
Greater than 90 days18 87 988 509 161 1,290 3,053 
Total finance receivables$2,283 $2,114 $6,664 $2,925 $676 $1,459 $16,121 

At June 30, 2024, 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$2,199 $5,135 $4,668 $1,961 $456 $324 $14,743 
30 days and under13 67 80 85 56 42 343 
31 - 60 days8 64 58 49 47 38 264 
61 - 90 days8 62 48 32 36 38 224 
Greater than 90 days35 387 625 208 297 1,235 2,787 
Total finance receivables$2,263 $5,715 $5,479 $2,335 $892 $1,677 $18,361 

The following table represents a rollforward of the allowance for finance receivables for the six months ended December 31, 2024 and 2023:

Six months ended December 31,
($ in thousands)20242023
Balance, June 30$1,934 $2,098 
Provision for expected losses391 51 
Balance, Sept 302,325 2,149 
Provision for expected losses108 108 
Balance, December 312,433 2,257 

There were no material write-offs of finance receivables for the six months ended December 31, 2024 and 2023.
Cash to be collected on our performing finance receivables due for each of the fiscal years is as follows:
($ in thousands)Amount
Remainder of 2025$3,658 
20266,026 
20274,135 
20282,127 
2029848 
Thereafter122 
Total amounts to be collected16,916 
Less: interest(795)
Less: allowance for uncollectible receivables(2,433)
Total finance receivables$13,688