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Leases (Tables)
3 Months Ended
Sep. 29, 2024
Leases [Abstract]  
Schedule of Operating Lease Asset and Obligation Included in Condensed Consolidated Balance Sheets Our operating lease assets and obligations included in the accompanying Condensed Consolidated Balance Sheets are presented below (in thousands):

 

 

September 29,
2024

 

Right-of use assets under operating lease:

 

 

Other long-term assets

$

3,617

 

Lease obligations under operating lease:

 

 

Current liabilities: Accrued liabilities: other

$

768

 

Other long-term liabilities

 

3,190

 

 

$

3,958

 

Schedule of Future Minimum Lease Payments Under Non-Cancelable Lease Including Options to Extend

Future minimum lease payments, by our fiscal year, including options to extend that are reasonably certain to be exercised, under these non-cancelable leases are as follows as of September 29, 2024 (in thousands):

 

2025 (for the remaining nine months)

$

740

 

2026

 

1,026

 

2027

 

1,075

 

2028

 

1,127

 

2029

 

558

 

Thereafter

 

-

 

Total future minimum lease payments

 

4,526

 

Less: Imputed interest

 

(568

)

Total lease obligations

$

3,958

 

Schedule of Cash Flow Information Related to Operating Lease

Cash flow information related to the operating leases is shown below (in thousands):

 

 

Three Months Ended

 

 

September 29,
2024

 

 

October 1,
2023

 

Operating cash flows:

 

 

 

 

 

Cash paid related to operating lease obligations

$

250

 

 

$

135

 

Schedule of Weighted Average Lease Term and Discount Rate for Operating Lease

The weighted average lease term and discount rate for our operating leases are shown below:

 

 

September 29,
2024

 

Weighted average remaining lease term (in years)

 

4.2

 

Weighted average discount rate

 

6.2

%

Schedule of Operating Lease Expense

Operating lease expense was as follows for the periods presented below (in thousands):

 

 

Three Months Ended

 

 

September 29,
2024

 

 

October 1,
2023

 

Operating lease expense

$

247

 

 

$

247