Quarterly report pursuant to Section 13 or 15(d)

RIGHT-OF-USE ASSETS (Tables)

v3.20.1
RIGHT-OF-USE ASSETS (Tables)
9 Months Ended
Mar. 31, 2020
RIGHT-OF-USE ASSETS  
Summary of carrying value of ROU assets and operating lease liabilities

As of March 31, 2020 and on the adoption date of July 1, 2019, the carrying value of ROU assets and operating lease liabilities are as follows (in thousands):

 

 

 

 

 

 

 

 

 

    

March 31, 

    

July 1,

 

 

2020

 

2019

Right-of-Use Assets, net

 

$

441

 

$

605

 

 

 

  

 

 

  

Operating Lease Liabilities:

 

 

  

 

 

  

Current

 

$

245

 

$

227

Long-term

 

 

224

 

 

406

 

 

 

  

 

 

 

Total

 

$

469

 

$

633

 

Summary of future lease payments related to operating lease agreements

Future payments under operating lease agreements as of March 31, 2020 are as follows (in thousands):

 

 

 

 

 

Fiscal year ending June 30,

    

  

 

Remainder of fiscal year 2020

 

$

70

2021

 

 

272

2022

 

 

170

Total lease payments

 

 

512

Less imputed interest

 

 

(43)

Present value of operating lease liabilities

 

$

469