The following table summarizes the nature of the amounts within Other current liabilities (in thousands):
March 31,
June 30,
2023
2022
Income taxes payable
$
381
$
4,558
Deferred liability, short-term (1)
2,620
-
Financing lease liabilities, short-term
488
535
Other current liabilities
3,825
3,695
Other current liabilities
$
7,314
$
8,788
(1)
As of March 31, 2023, the deferred liability balance associated with the sale-leaseback transaction completed on August 1, 2022 was $3.5 million, with $2.6 million in Other current liabilities and $0.9 million in Other long-term liabilities on our consolidated balance sheet. Refer to Note 6, Leases, for further disclosure on the transaction.