v3.26.3
Lessee Operating Leases (Tables)
3 Months Ended
Sep. 30, 2026
Lessee Disclosure [Abstract]  
Schedule of Operating and Variable Lease Cost The following table summarizes operating and variable lease cost and cash paid for amounts included in the measurement of lease liabilities for the three months ended September 30, 2026 and September 30, 2025:

 

 

For the three months ended September 30,

 

(in thousands)

 

2026

 

 

2025

 

Operating lease cost

 

$

208

 

 

$

121

 

Variable lease cost

 

 

32

 

 

 

10

 

Cash paid for operating leases

 

 

214

 

 

 

117

 

 

Schedule of Details of Leases Presented in Balance Sheet

The following table provides details on the leases presented in the condensed consolidated balance sheets as of September 30, 2026 and June 30, 2026:

 

 

September 30, 2026

 

 

June 30, 2026

 

Weighted-average remaining life

 

7.2 years

 

 

3.4 years

 

Weighted-average discount rate

 

 

7.9

%

 

 

8.1

%

Schedule of Maturity Analysis of the Company's Operating Lease Liabilities

The following table provides a maturity analysis of the Company's operating lease liabilities as of September 30, 2026:

(in thousands)

 

September 30, 2026

 

Remainder of fiscal year 2027

 

 

661

 

For the year ending June 30, 2028

 

 

902

 

For the year ending June 30, 2029

 

 

924

 

For the year ending June 30, 2030

 

 

517

 

For the year ending June 30, 2031

 

 

357

 

Thereafter

 

 

1,949

 

Total lease payments

 

$

5,310

 

Imputed interest

 

 

(1,272

)

Total lease liabilities

 

$

4,038