Finance Lease ROU Assets |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||
| Finance Lease ROU Assets | |||||||||||||||||||||||||||||||||||||||||||
| Finance Lease ROU Assets | 8. Finance Lease ROU Assets The Company assumed three equipment leases as part of the RubrYc asset acquisition (see Note 5 – Significant Transactions). During the first quarter of fiscal year 2026, the Company returned one leased asset and purchased one of the leased assets. The Company purchased the remaining leased asset during the second quarter of fiscal year 2026. The following table summarizes by category the gross carrying value and accumulated amortization of finance lease ROU (in thousands):
Amortization expense of finance lease ROU assets was approximately $68,000 and $271,000 for the fiscal years ended June 30, 2026 and 2025, respectively. |
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