Quarterly report pursuant to Section 13 or 15(d)

SUPPLEMENTAL FINANCIAL INFORMATION

v3.20.1
SUPPLEMENTAL FINANCIAL INFORMATION
 9 Months Ended
Mar. 31, 2020
SUPPLEMENTAL FINANCIAL INFORMATION  
SUPPLEMENTAL FINANCIAL INFORMATION

NOTE 9 — SUPPLEMENTAL FINANCIAL INFORMATION

Interest and Other Income

Interest and other income consist of the following for the three and nine months ended March 31, 2020 and 2019 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

March 31,

 

March 31,

 

    

2020

    

2019

    

2020

    

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

30

 

$

12

 

$

183

 

$

12

Gain on lease termination

 

 

 —

 

 

 —

 

 

 —

 

 

168

Gain from change in fair value of embedded derivatives

 

 

 —

 

 

 —

 

 

 —

 

 

74

Rental income

 

 

 —

 

 

 —

 

 

 —

 

 

153

Total

 

$

30

 

$

12

 

$

183

 

$

407

 

Employee Bonuses

In January 2020, the Company’s Board of Directors approved bonus payments to the Company’s employees for a total of approximately $0.7 million. These bonuses related to services performed during 2019 and are included in compensation expense for the nine months ended March 31, 2020. All of the bonuses were paid in February 2020.