v3.22.2.2
Lease Agreements
12 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Lease Agreements

Note 7 – Lease Agreements

 

Financing Lease Agreements

 

The Company leases offices and warehouses under financing lease agreements with monthly installments of $22,810 (ranging from $245 to $9,664) over various terms, expiring through December 2024.

 

 

June 30, 2022
 
June 30, 2021

Right of use assets:

   

Operating right of use assets

$179,512

 

$208,051

    

Operating lease liabilities

   

Current portion of leases payable

80,096

 

152,824

Leases payable, less current portion

99,416

 

55,227

Total operating lease liabilities

$179,512

 

$208,051

As of June 30, 2022, operating lease maturities are as follows:

 

 

  

Period ending June 30,

  

2023

$

80,096

2024

 

76,229

2025

 

23,187

   
 

$

179,512