Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.4
Leases (Tables)
6 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Summary of supplemental balance sheet information related to leases
The tables below show the changes during the six months ended December 31, 2022:
 
(US$’000)    Operating
lease right-
of-

use assets
 
Balance at July 1, 2022
   $ 771  
Amortization of right of use asset
     (121
    
 
 
 
Operating lease
right-of-use
asset at December 31, 2022
   $ 650  
    
 
 
 
 
(US$’000)    Operating
lease
liabilities
 
Balance at July 1, 2022
   $ 811  
Principal payments on operating lease liabilities
     (126
 
 
 
 
 
Operating lease liabilities at December 31, 2022
     685  
Less:
non-current
portion
     (422
    
 
 
 
Current portion at December 31, 2022
   $ 263  
    
 
 
 
Summary of maturities of the operating lease liabilities
As of December 31, 2022, the Company’s operating lease has a remaining lease term of 2.45 years and a discount rate of 4.67%. The maturities of the operating lease liabilities are as follows:
 
(US$’000)    December 31,
2022
 
2023
  
$

289  
2024
     300  
2025
     138  
    
 
 
 
Total operating lease payments
     727  
Less imputed interest
     (42
    
 
 
 
Present value of operating lease liabilities
   $ 685