Leases

3 Months Ended

Sep. 30, 2022

Leases [Abstract]

Leases

Leases

The Company has operating leases for current corporate offices and certain equipment. These leases have remaining terms of approximately one to nine years. As of September 30, 2022, the weighted average remaining lease term and weighted average discount rate for operating leases was 8.46 years and 3.27%, respectively.

For the three months ended September 30, 2022 and 2021, operating lease expense was $0.7 million and $0.8 million, respectively.

Supplemental cash flow information related to operating leases was as follows (in thousands):

	Three Months Ended September 30,
	2022		2021
Operating cash outflows from operating leases	$	755	$	768

Maturity of lease liabilities at September 30, 2022 are as follows (in thousands):

Year ended June 30,	Amount
2023 (remaining nine months ending June 30, 2023)	$	2,366
2024	2,111
2025	1,606
2026	1,646
2027	1,687
Thereafter	8,123
Total	17,539
Less: imputed interest	(2,500)
Present value of lease liabilities	$	15,039