LEASES (Tables)

3 Months Ended

Sep. 30, 2026

The components of lease costs were as follows for the periods presented:


	Three Months Ended September 30,
(in thousands)	2026		2025
Finance lease costs(1)	$	202	$	225
Operating lease costs(2)	1,786		1,929
Short-term lease costs	65		66
Variable lease costs(3)	155		236
Sublease income	(549)		(526)
Total net lease costs	$	1,659	$	1,930

(1) Primarily consists of amortization of finance lease right-of-use assets and an immaterial amount of interest on finance lease liabilities recorded in selling, general, and administrative expense and interest expense, net in the condensed consolidated statements of comprehensive loss.

(2) Recorded in selling, general, and administrative expense in the condensed consolidated statements of comprehensive loss.

(3) Variable lease costs are not included in the measurement of the lease liability or right-of-use asset as they are not based on an index or rate and primarily represents common area maintenance charges and real estate taxes recorded in operating costs and expenses in the condensed consolidated statements of comprehensive loss.

Schedule of Maturity of Operating Lease Liabilities

As of September 30, 2026, remaining maturities of lease liabilities for each of the next five fiscal years and thereafter are as follows:


(in thousands)	Operating leases		Finance leases		Total
Remainder fiscal 2027	$	5,312	$	561	$	5,873
2028	6,906		709		7,615
2029	7,006		417		7,423
2030	4,615		30		4,645
2031	4,259		—		4,259
Thereafter	8,726		—		8,726
Total undiscounted lease payments	36,824		1,717		38,541
Less: interest	11,790		244		12,034
Present value of lease liabilities	$	25,034	$	1,473	$	26,507

Schedule of Maturity of Finance Lease Liabilities

As of September 30, 2026, remaining maturities of lease liabilities for each of the next five fiscal years and thereafter are as follows:


(in thousands)	Operating leases		Finance leases		Total
Remainder fiscal 2027	$	5,312	$	561	$	5,873
2028	6,906		709		7,615
2029	7,006		417		7,423
2030	4,615		30		4,645
2031	4,259		—		4,259
Thereafter	8,726		—		8,726
Total undiscounted lease payments	36,824		1,717		38,541
Less: interest	11,790		244		12,034
Present value of lease liabilities	$	25,034	$	1,473	$	26,507

Schedule of Sublease, Future Minimum Receipts, Fiscal Year Maturity

As of September 30, 2026, the future minimum fixed sublease receipts under non-cancelable operating lease agreements are as follows:


(in thousands)	Total
Remainder fiscal 2027	$	1,499
2028	1,931
2029	1,931
2030	161
2031	—

Total sublease income	$	5,522