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Leases (Tables)
12 Months Ended
Jun. 30, 2023
Lessee Disclosure [Abstract]  
Schedule of Balance Sheets Classification of Leases

The following table shows the lease balance sheet classification of leases for the quarter ended June 30, 2023 (in thousands):

(in thousands)

 

June 30, 2023

 

Assets

 

 

 

Operating lease right-of-use assets, net of accumulated amortization

 

$

159

 

Liabilities

 

 

 

Current

 

$

130

 

Operating lease liabilities, current

 

 

 

Non-current

 

 

 

Operating lease liabilities, non-current

 

$

41

 

Total lease liabilities

 

$

171

 

Schedule of lease cost

The following table shows the lease costs for the year ended June 30, 2023 (in thousands):

Lease costs (in thousands)

Statement of operations classification

June 30, 2023

 

Operating lease costs

Operating expenses: research and development

$

129

 

Short term lease costs

Operating expenses: research and development

$

59

 

Short term lease costs

Operating expenses: general and administrative

$

132

 

Short term lease costs

Cost of goods sold

$

368

 

Total lease costs

 

$

688

 

 

Other information

June 30, 2023

 

Cash paid for amounts included in the measurement of lease liabilities (in thousands)

$

129

 

Remaining lease term - operating leases (in years)

 

1.4

 

Discount rate - operating leases

 

10

%

Schedule of payments for noncancelable leases

The future minimum payments for noncancelable leases with terms in excess of one year as of June 30, 2023 are payable as follows (in thousands):

(in thousands)

 

 

 

2024

 

$

138

 

2025

 

 

46

 

2026

 

 

 

Total minimum lease payments

 

$

184

 

Less amounts representing interest

 

$

(13

)

Present value of lease liabilities

 

$

171