Future
minimum lease payments as of June 30, 2026 are as follows:
Schedule
of Future
Minimum Lease Payments
Maturity
of Lease Liability:
| | |
| | |
| 2026 | |
$ | 412,000 | |
| 2027 | |
| 808,000 | |
| 2028 | |
| 824,000 | |
| 2029 | |
| 840,000 | |
| 2030 | |
| 857,000 | |
| After | |
| 3,216,000 | |
| Total lease payments | |
$ | 6,957,000 | |
| Less imputed interest | |
| (967,000 | ) |
| Present value of remaining
lease payments | |
$ | 5,990,000 | |
| | |
| | |
| Current | |
$ | 603,000 | |
| Non-current | |
$ | 5,387,000 | |
| | |
| | |
| Weighted average remaining lease term (years) | |
| 8.2 | |
| | |
| | |
| Weighted average discount rate | |
| 3.8 | % |
|