NOTE 3 — OPERATING LEASES

The carrying value of right-of-use (“ROU”) assets and operating lease liabilities are as follows (in thousands):

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For the three months ended September 30, 2021 and 2020, operating lease expense was as follows (in thousands):

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As of September 30, 2021, the weighted average remaining lease term under operating leases was 1.8 years, and the weighted average discount rate for operating lease liabilities was 7.1%. For the three months ended September 30, 2021 and 2020, cash paid for amounts included in the measurement of operating lease liabilities was $0.1 million. These cash payments were included in the determination of net cash used in operating activities in the condensed consolidated statements of cash flows.

Future payments under all operating lease agreements as of September 30, 2021 are as follows (in thousands):

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