v3.26.1
Leases (Tables)
12 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Components of Lease Expense

The components of lease expense were as follows (in thousands):

 

 

 

Fiscal Year Ended June 30,

 

 

 

2026

 

 

2025

 

 

2024

 

Operating lease expense

 

$

3,313

 

 

$

3,617

 

 

$

4,220

 

Short-term lease expense

 

 

774

 

 

 

818

 

 

 

840

 

Variable lease expense (1)

 

 

274

 

 

 

207

 

 

 

565

 

Total lease expense

 

$

4,361

 

 

$

4,642

 

 

$

5,625

 

 

(1)
Variable lease expense is primarily composed of common area maintenance charges.
Supplemental Information Related to Operating Leases

Supplemental information related to operating leases was as follows (in thousands, except lease term and discount rate):

 

 

 

Fiscal Year Ended June 30,

 

 

 

2026

 

 

2025

 

 

2024

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

 

 

Operating cash flows used for operating leases

 

$

3,221

 

 

$

3,382

 

 

$

5,114

 

 

 

 

 

 

 

 

 

 

 

Lease liabilities arising from obtaining right-of-use assets

 

 

 

 

 

 

 

 

 

Operating leases

 

$

404

 

 

$

2,539

 

 

$

11,026

 

 

 

 

 

 

 

 

 

 

 

Weighted average remaining lease term - operating leases

 

3.0 years

 

 

3.9 years

 

 

4.3 years

 

Weighted average discount rate - operating leases

 

 

7.3

%

 

 

7.3

%

 

 

6.9

%

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of June 30, 2026 were as follows (in thousands):

 

Fiscal Year Ending June 30,

 

 

 

 

 

Amount

 

2027

 

 

 

 

 

$

3,361

 

2028

 

 

 

 

 

 

3,414

 

2029

 

 

 

 

 

 

2,170

 

2030

 

 

 

 

 

 

950

 

2031

 

 

 

 

 

 

129

 

Thereafter

 

 

 

 

 

 

17

 

Total minimum lease payments

 

 

 

 

 

 

10,041

 

Less: imputed interest

 

 

 

 

 

 

(2,382

)

Present value of net minimum lease payments

 

 

 

 

 

$

7,659

 

Operating lease liabilities:

 

 

 

 

 

 

 

Current (included in Accrued Liabilities)

 

 

 

 

 

$

2,754

 

Noncurrent

 

 

 

 

 

 

4,905

 

Total

 

 

 

 

 

$

7,659