Leases (Tables)

3 Months Ended

Sep. 30, 2021

Leases [Abstract]

Schedule of Balance Sheet Presentation of Operating and Finance Leases

The balance sheet presentation of the Company’s operating and finance leases is as follows:

(In thousands)	Classification on the Condensed Consolidated Balance Sheet	September 30, 2021
Assets:
Operating lease assets	Operating leases, right-of-use assets, net	$	228
Financing lease assets	Property and equipment, net		48
Total lease assets		$	276
Liabilities:
Current:
Operating lease obligations	Lease liabilities, current	$	90
Financing lease obligations	Lease liabilities, current		10
Non-current:
Operating lease obligations	Lease liabilities, non-current		162
Financing lease obligations	Lease liabilities, non-current		27
Total lease liabilities		$	289

Schedule of Future Minimum Lease Payments

Future minimum lease payments under non-cancellable leases are as follows:

(In thousands)
For the Year Ending June 30,	Operating Leases		Financing Leases		Total
2022	$	76	$	9	$	85
2023		103		12		115
2024		93		12		105
2025		—		9		9
2026		—		—		—
Thereafter		—		—		—
Total lease obligations		272		42		314
Less: imputed interest		20		5		25
Present value of net minimum lease obligations		252		37		289
Less: lease liabilities - current		90		10		100
Lease liabilities - non-current	$	162	$	27	$	189

Schedule of Other Information

Other information as of September 30, 2021 is as follows:

Weighted-average remaining lease term (years):
Operating leases	2.6
Financing leases	3.4
Weighted-average discount rate:
Operating leases	6.4	%
Financing leases	6.2	%