Maturities
of lease liabilities as of June 30, 2026 were as follows:
SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES
| (Dollars in
thousands) | |
Operating Leases | | |
Weighted-Average
Remaining Term
in Years | |
| 2026 | |
$ | 144 | | |
| | |
| 2027 | |
| 181 | | |
| | |
| 2028 | |
| 39 | | |
| | |
| Total lease payments | |
| 364 | | |
| | |
| Less imputed interest
(based on 10.0% weighted-average discount rate) | |
| (26 | ) | |
| | |
| Present value of lease liability | |
| 338 | | |
| 1.40 | |
| Less current portion | |
| 252 | | |
| | |
| Lease
liabilities, net of current portion | |
$ | 86 | | |
| | |
|