A-Mark Precious Metals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

Leases (Tables)

9 Months Ended

Mar. 31, 2022

Components of operating lease expense for the three and nine months ended March 31, 2022 and 2021 were as follows:


in thousands
	Three Months Ended				Nine Months Ended
	March 31, 2022		March 31, 2021		March 31, 2022		March 31, 2021
Operating lease costs	$	347	$	361	$	1,181	$	1,060
Variable lease costs		143		67		379		217
Short term lease costs		23		21		70		73
Finance lease costs		6		5		16		16
	$	519	$	454	$	1,646	$	1,366

Schedule of Future Undiscounted Cash Flows for Each of Next Five Years and Thereafter and Reconciliation to Lease Liabilities

The following represents our future undiscounted cash flows for each of the next five years and thereafter and reconciliation to the lease liabilities, as of March 31, 2022:


Years ending June 30,	Operating Leases
2022 (3 months remaining)		380
2023		1,646
2024		1,692
2025		1,669
2026		1,244
Thereafter		2,102
Total lease payments		8,733
Imputed interest		(1,159	)
	$	7,574		(1)
Operating lease liability - current	$	1,270		(2)
Operating lease liability - long-term		6,304		(3)
	$	7,574		(1)

(1)

Represents the present value of the capitalized operating lease liabilities as of March 31, 2022.

(2)

Current operating lease liabilities are presented within accrued liabilities on our condensed consolidated balance sheets.

(3)

Long-term operating lease liabilities are presented within other liabilities on our condensed consolidated balance sheets.