v3.26.1
Leases (Tables)
9 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Components of Lease Expense

Components of lease expense were as follows (in thousands):

 

 

Three Months Ended March 31,

 

 

Nine Months Ended March 31,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease costs

 

$

1,869

 

 

$

982

 

 

$

5,257

 

 

$

2,400

 

Variable lease costs

 

 

549

 

 

 

321

 

 

 

1,555

 

 

 

670

 

Short term lease costs

 

 

19

 

 

 

47

 

 

 

107

 

 

 

76

 

Finance lease costs

 

 

9

 

 

 

7

 

 

 

46

 

 

 

21

 

 

$

2,446

 

 

$

1,357

 

 

$

6,965

 

 

$

3,167

 

Schedule of Future Undiscounted Cash Flows for Each of Next Five Years and Thereafter and Reconciliation to Lease Liabilities for Operating Leases

The future undiscounted cash flows for each of the next five years and thereafter, and reconciliation to the lease liabilities as of March 31, 2026 for our operating leases were as follows (in thousands):

Fiscal Year ending June 30,

 

Operating Leases

 

 

2026 (remainder)

 

$

1,737

 

 

2027

 

 

6,480

 

 

2028

 

 

5,455

 

 

2029

 

 

4,281

 

 

2030

 

 

3,598

 

 

Thereafter

 

 

4,665

 

 

Total lease payments

 

 

26,216

 

 

Imputed interest

 

 

(3,753

)

 

Total operating lease liability

 

$

22,463

 

(1)

Operating lease liability - current

 

$

5,413

 

(2)

Operating lease liability - long-term

 

 

17,050

 

(3)

 

$

22,463

 

(1)

 

(1)
Represents the present value of the operating lease liabilities as of March 31, 2026.
(2)
Current operating lease liabilities are presented within accrued liabilities on our condensed consolidated balance sheets.
(3)
Long-term operating lease liabilities are presented within other liabilities on our condensed consolidated balance sheets.