Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

v3.22.2.2
LEASES (Tables)
12 Months Ended
Jun. 30, 2022
LEASES  
Schedule of carrying value of ROU assets and operating lease liabilities

As of June 30, 2022 and 2021, the carrying value of all ROU assets and operating lease liabilities was as follows (in thousands):

    

2022

    

2021

Right-of-use assets, net

$

152

$

396

Operating lease liabilities:

 

  

 

  

Current

$

108

$

265

Long-term

 

80

 

187

Total

$

188

$

452

Schedule of operating lease expense

For the fiscal years ended June 30, 2022 and 2021, operating lease expense was as follows (in thousands):

2022

    

2021

Research and development

$

289

$

268

General and administrative

 

103

 

111

Total

$

392

$

379

Schedule of Lessee operating lease liability maturity

Future payments under operating lease agreements as of June 30, 2022 are as follows (in thousands):

Fiscal year ending June 30, 

    

  

2023

$

117

2024

79

Thereafter

Total lease payments

196

Less imputed interest

 

(8)

Present value of operating lease liabilities

$

188

Schedule of future payments under operating lease not yet commenced

Assuming the lease commences in September 2022, future payments under this operating lease agreement are as follows (in thousands):

Fiscal year ending June 30, 

    

  

2023

$

149

2024

614

2025

632

2026

651

2027

670

Thereafter

112

Total lease payments

$

2,828