v3.26.1
Finance Lease Obligations
12 Months Ended
Jun. 30, 2026
Finance Lease Obligations  
Finance Lease Obligations

14.    Finance Lease Obligations

Equipment

The Company assumed three equipment leases that were accounted for as finance leases totaling approximately $814,000 as part of the RubrYc Asset Purchase Agreement (see Note 5 – Significant Transactions and Note 8 – Finance Lease ROU Assets for additional information). The monthly rental for the three leases was approximately $27,000 per month.

The following tables present the components of lease expense and supplemental balance sheet information related to the finance lease obligation (in thousands).

  ​ ​ ​

Year Ended

Year Ended

June 30, 2026

June 30, 2025

Finance lease cost:

 

  ​

  ​

Amortization of ROU assets

$

68

$

271

Interest on lease liabilities

 

1

 

21

Total lease cost

$

69

$

292

 

  ​

 

  ​

Other information:

 

  ​

 

  ​

Cash paid for amounts included in the measurement lease liabilities:

 

 

  ​

Financing cash flows from finance lease obligations

$

53

$

299

June 30, 

June 30,

2026

2025

Finance lease ROU assets

$

$

68

Finance lease obligation - current portion

$

$

53

Finance lease obligation - noncurrent portion

$

$

Weighted-average remaining lease term - finance lease

 

years

 

0.17

years

Weighted-average discount rate - finance lease obligation

 

%

 

9.50

%