Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.23.1
Leases (Tables)
9 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Summary of supplemental balance sheet information related to leases
The tables below show the changes during the nine months ended March 31, 2023:
 
(US$’000)    Operating
lease right-
of-
use assets
 
Balance at July 1, 2022
   $ 771  
Amortization of right of use asset
     (182
    
 
 
 
Operating lease
right-of-use
asset at March 31, 2023
   $ 589  
    
 
 
 
 
(US$’000)    Operating
lease
liabilities
 
Balance at July 1, 2022
   $ 811  
Principal payments on operating lease liabilities
     (188
    
 
 
 
Operating lease liabilities at March 31, 2023
     623  
Less:
non-current
portion
     (354
    
 
 
 
Current portion at March 31, 2023
   $ 269  
    
 
 
 
Summary of maturities of the operating lease liabilities
As of March 31, 2023, the Company’s operating lease has a remaining lease term of 2.21 years and a discount rate of 4.67%. The maturities of the operating lease liabilities are as follows:
 
(US$’000)    March 31,
2023
 
2023
   $ 292  
2024
     303  
2025
     62  
    
 
 
 
Total operating lease payments
     657  
Less imputed interest
     (34
    
 
 
 
Present value of operating lease liabilities
   $ 623