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FINANCE RECEIVABLES (Tables)
 9 Months Ended
Mar. 31, 2022
Receivables [Abstract]  
Schedule of Finance Receivables As of March 31, 2022 and June 30, 2021, finance receivables consist of the following:
($ in thousands)March 31,
2022		June 30,
2021
Current finance receivables, net$6,586 $7,967 
Finance receivables due after one year, net13,214 11,632 
Total finance receivables, net of allowance of $1,149 and $1,109, respectively
$19,800 $19,599 
Schedule of Credit Quality Indicators
At March 31, 2022, 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$7,194 $3,186 $4,241 $3,321 $986 $198 $19,126 
30 days and under32 15 41 28 5 — 121 
31-60 days81 34 59 41 10 2 227 
61-90 days62 26 46 32 6 2 174 
Greater than 90 days533 213 237 255 47 16 1,301 
Total finance receivables$7,902 $3,474 $4,624 $3,677 $1,054 $218 $20,949 

At June 30, 2021, 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$6,736 $3,970 $3,942 $3,081 $1,358 $31 $19,118 
30 days and under19 67 90 93 11 1 281 
31-60 days4 9 22 2 1 — 38 
61-90 days10 42 66 54 10 — 182 
Greater than 90 days46 69 490 419 54 11 1,089 
Total finance receivables$6,815 $4,157 $4,610 $3,649 $1,434 $43 $20,708 
At March 31, 2022, credit quality indicators by 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
High ratio customers$7,190 $3,122 $4,207 $3,182 $918 $199 $18,818 
Low ratio customers712 352 417 495 136 19 2,131 
Total finance receivables$7,902 $3,474 $4,624 $3,677 $1,054 $218 $20,949 

At June 30, 2021, credit quality indicators by 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
High ratio customers$6,415 $3,824 $3,793 $2,920 $1,290 $24 $18,266 
Low ratio customers400 333 817 729 144 19 2,442 
Total finance receivables$6,815 $4,157 $4,610 $3,649 $1,434 $43 $20,708 
Financing Receivable, Allowance for Credit Loss
The following table represents a rollforward of the allowance for finance receivables for the nine months ending March 31, 2022 and 2021:
Nine months ended March 31,
($ in thousands)20222021
Balance at June 30$1,109 $150 
Impact of adoption of ASC 326*— 409 
Provision for expected losses425 350 
Write-offs(385)— 
Balance at March 31$1,149 $909 
*

* The Company adopted Financial Instruments - Credit Losses (Topic 326) on July 1, 2020.
Schedule of Cash To Be Collected On Performing Financing Receivable
Cash to be collected on our performing finance receivables due for each of the fiscal years are as follows:
($ in thousands)
2022$2,829 
20236,881 
20245,874 
20254,440 
20262,552 
Thereafter728 
Total amounts to be collected23,304 
Less: interest(2,355)
Less: allowance for receivables(1,149)
Total finance receivables$19,800