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

Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

Leases (Tables)

12 Months Ended

Jun. 30, 2023

Components of operating lease expense were as follows (in thousands):


	Year Ended June 30,
	2023		2022		2021
Operating lease costs	$	1,460	$	1,403	$	1,509
Variable lease costs		469		627		426
Short term lease costs		108		94		91
Finance lease costs		—		16		21
	$	2,037	$	2,140	$	2,047

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 June 30, 2023 (in thousands):


Year ending June 30,	Operating Leases
2024	$	1,624
2025		1,599
2026		1,171
2027		823
2028		700
Thereafter		626
Total lease payments		6,543
Imputed interest		(737	)
Total operating lease liability	$	5,806		(1)
Operating lease liability - current	$	1,366		(2)
Operating lease liability - long-term		4,440		(3)
	$	5,806		(1)

(1)

Represents the present value of the capitalized operating lease liabilities as of June 30, 2023.

(2)

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

(3)

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