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

Components of lease expense were as follows for the years ended June 30, 2026, and 2025:

 

   Year Ended   Year Ended 
   June 30, 2026   June 30, 2025 
Lease Cost ($ in thousands)          
Finance Lease Cost:          
Amortization of Right of Use Assets  $1,488   $1,581 
Interest on lease liabilities   271    492 
Capitalized Operating Lease Cost   4,265    4,292 
Short - Term Lease Cost   78    79 
Variable Lease Cost   1,113    1,117 
Total Lease Cost  $7,215   $7,561 
           
Other Information          
Cash paid for amounts included in the measurement of lease liabilities:   -    - 
Operating cash flows from finance leases  $-   $- 
Operating cash flows from Capitalized operating leases  $4,226   $3,112 
Financing cash flows from finance leases  $3,069   $2,870 
           
Right of use assets obtained in exchange for new finance lease liabilities   -    - 
Right of use assets obtained in exchange for new operating lease liabilities  $-   $- 
Net Right of use asset remeasurement   -    - 
           
Weighted average remaining lease term - finance leases (in Years)   0.67    1.58 
Weighted average remaining lease term - operating leases (in Years)   4.56    5.52 
Weighted average discount rate - finance leases   6.56%   7.08%
Weighted average discount rate - operating leases   5.71%   5.69%
Schedule of Maturities of Lease Liabilities

Maturities of operating and finance lease liabilities as of June 30, 2026 are as follows:

 

($ in thousands)  Operating Leases   Finance Leases 
2027   4,160    1,987 
2028   4,249    - 
2029   4,362    - 
2030   4,493    - 
2031   2,681    - 
Total Lease Payments   19,945    1,987 
Less Imputed Interest   2,399    50 
Present Value Obligation   17,546    1,937 
Short-term Liability   3,329    1,937 
Total  $14,217   $- 
Schedule of Finance leases in Property and Equipment

Finance ROU leases are recorded in Property and Equipment, net on the consolidated balance sheets.

 

   June 30, 2026   June 30, 2025 
Cost   13,841    13,831 
Additions   -    10 
Accumulated Depreciation   (4,891)   (3,403)
Net Book Value   8,950    10,438