Leases (Tables)

9 Months Ended

Mar. 31, 2025

Summary of supplemental balance sheet information related to leases

The tables below show the changes during the nine months ended March 31, 2025:


(US$’000)	Operating lease right- of- use assets
Balance at July 1, 2024	$	270
Re-measurement during the period		666
Initial measurement at February 1, 2025		254
Amortization of right of use asset		(226	)

Operating lease right-of-use asset at March 31, 2025	$	964


(US$’000)	Operating lease liabilities
Balance at July 1, 2024	$	284
Re-measurement during the period		666
Initial measurement at February 1, 2025		255
Principal payments on operating lease liabilities		(246	)

Operating lease liabilities at March 31, 2025		959
Less: non-current portion		(613	)

Current portion at March 31, 2025	$	346

Summary of maturities of the operating lease liabilities

As of March 31, 2025, the Company’s operating leases have a

weighted average

lease term of 2.67 years and a

weighted average

discount rate of 6%.

The leases’ options to extend are not included within the remaining lease term as the Company is currently not reasonably certain to exercise such options. The maturities of the operating lease liabilities are as follows:


(US$’000)	March 31, 2025
2025	$	267
2026		435
2027		331

Total operating lease payments		1,033

Less imputed interest		(75	)

Present value of operating lease liabilities	$	959