v3.22.1

Lease Agreements

9 Months Ended

Mar. 31, 2022

Leases [Abstract]

Lease Agreements

Note 7 - Lease Agreements

Financing Lease Agreements

The Company leases offices, warehouses and equipment under financing lease agreements with monthly installments of $22,723 (ranging from $245 to $9,664), expiring through December 2024. 

Right-of-use assets:
	Operating right-of-use assets	$158,829
Operating lease liabilities:
	Current portion of long term payable	92,900
	Financing leases payable, less current portion	65,929
	Total operating lease liabilities	$158,829

As of March 31, 2022, financing lease maturities are as follows:

Period ending March 31,
2023	$92,900
2024	47,776
2025	18,153
	$158,829

As of March 31, 2022, the weighted average remaining lease term was 1.42 years.

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- References

No definition available.

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- Definition

The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-URI https://asc.fasb.org/subtopic&trid=77888251

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