v3.25.1
Leases (Tables)
9 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Summary of Components of Lease Cost and Rent Expense The components of lease cost and rent expense for the three and nine months ended March 31, 2025 and 2024 are as follows:

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

Nine Months Ended

 

Lease Cost

 

March 31, 2025

 

 

March 31, 2024

 

 

March 31, 2025

 

 

March 31, 2024

 

Operating lease cost:

 

 

 

 

 

 

 

 

 

 

Operating lease cost

 

$

85

 

 

$

85

 

 

$

256

 

 

$

255

 

Short-term rent expense

 

 

2

 

 

 

7

 

 

 

21

 

 

 

19

 

Variable lease cost

 

 

5

 

 

 

0

 

 

 

2

 

 

 

1

 

Total operating lease cost

 

$

92

 

 

$

92

 

 

$

279

 

 

$

275

 

Summary of Supplemental Balance Sheet Information

Supplemental balance sheet information relating to leases was as follows:

 

 

 

 

 

As of

 

As of

 

 

 

 

 

March 31,

 

June 30,

 

 

 

 

 

2025

 

2024

 

Operating Leases:

 

Balance Sheet Classifications

 

 

 

 

 

Operating lease ROU Assets

 

ROU Assets

 

$

660

 

$

516

 

Current operating lease liabilities

 

Current operating lease liabilities

 

 

280

 

 

331

 

Long-term operating lease liabilities

 

Long-term operating lease liabilities

 

$

388

 

$

197

 

Summary of Supplemental Cash Flow and Other Information Related to Leases

Supplemental cash flow and other information related to leases as of and for the three and nine months ended March 31, 2025 and 2024 are as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

Other information

 

March 31, 2025

 

 

March 31, 2024

 

 

March 31, 2025

 

 

March 31, 2024

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Operating cash flows of operating leases

 

$

86

 

 

$

85

 

 

$

260

 

 

$

255

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

 

354

 

 

 

0

 

 

 

391

 

 

 

18

 

Weighted-average remaining lease term:

 

 

 

 

 

 

 

 

 

 

 

 

Operating leases

 

4.07

 

 

1.82 years

 

 

4.07

 

 

1.82 years

 

Weighted-average discount rate:

 

 

 

 

 

 

 

 

 

 

 

 

Operating leases

 

 

1.14

%

 

 

0.98

%

 

 

1.14

%

 

 

0.98

%

Summary of Non-cancellable Operating and Finance Leases

Commitments relating to non-cancellable operating leases as of March 31, 2025 for each of the next five years and thereafter are as follows:

 

Payments due within

 

Operating Leases

 

 

1 year

 

$

232

 

 

2 years

 

 

124

 

 

3 years

 

 

92

 

 

4 years

 

 

75

 

 

5 years

 

 

73

 

 

Over 5 years

 

 

73

 

 

Total minimum future payments

 

 

669

 

 

Less: Imputed interest

 

 

(1

)

 

Total liabilities

 

 

668

 

 

Less: Current portion

 

 

(280

)

 

Long-term liabilities

 

$

388