Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
3 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Summary of maturities of the operating lease liabilities
As of September 30, 2022, the Company’s operating lease has a remaining lease term of 2.71 years and a discount rate of 4.67%. The maturities of the operating lease liabilities are as follows:
 
(US$’000)    September 30,
2022
 
2023
     214  
2024
     295  
2025
     291  
    
 
 
 
Total operating lease payments
     800  
Less imputed interest
     (51
    
 
 
 
Present value of operating lease liabilities
   $ 749  
Summary of supplemental balance sheet information related to leases
The tables below show the changes during the three months ended September 30, 2022:
 
(US$’000)    Operating
lease right-
of-

use assets
 
Balance at July 1, 2022
   $ 771  
Amortization of right of use asset
     (60
    
 
 
 
Operating lease
right-of-use
asset at September 30, 2022
   $ 711  
    
 
 
 
 
(US$’000)    Operating
lease
liabilities
 
Balance at July 1, 2022
   $ 811  
Principal payments on operating lease liabilities
     (62
Operating lease liabilities at September 30, 2022
     749  
    
 
 
 
Less:
non-current
portion
     (491 )
    
 
 
 
Current portion at September 30, 2022
   $ 258