|6 Months Ended|
Dec. 31, 2022
As of December 31, 2022 and June 30, 2022, the balances of operating lease right of use assets were $5.7 million and $6.5 million respectively. Components of operating lease expense for the three and six months ended December 31, 2022 and 2021 were as follows:
For the six months ended December 31, 2022, we made cash payments of $0.8 million for operating lease obligations. These payments are included in operating cash flows. As of December 31, 2022, the weighted-average remaining lease term under our capitalized operating leases was 5.1 years, while the weighted-average discount rate for our operating leases was approximately 4.9%.
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 December 31, 2022:
Represents the present value of the capitalized operating lease liabilities as of December 31, 2022.
Current operating lease liabilities are presented within accrued liabilities on our condensed consolidated balance sheets.
Long-term operating lease liabilities are presented within other liabilities on our condensed consolidated balance sheets.
The Company has one related party lease. For information on this lease refer to Note 16.
We do not have leases that have not yet commenced, which would create significant rights and obligations for us, including any involvement with the construction or design of the underlying asset.
No definition available.
The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef