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v3.25.2

Operating Leases (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2025 | Jun. 30, 2024
Operating Leases |  |
Schedule of undiscounted future minimum lease payments |
2025 |  | $ | 188,211 |
2026 |  |  | 770,004 |
2027 |  |  | 507,343 |
2028 |  |  | 486,733 |
2029 |  |  | 221,715 |
Total undiscounted future minimum lease payments |  |  | 2,174,006 |
Less: Imputed interest |  |  | (164,713 | )
|  |  | 2,009,293 |
Less: current portion |  |  | (165,060 | )
Present value of operating lease obligation |  | $ | 1,844,233 |
2025 |  | $ | 1,031,714 |
2026 |  |  | 762,364 |
2027 |  |  | 504,795 |
2028 |  |  | 486,733 |
2029 |  |  | 221,715 |
Total undiscounted future minimum lease payments |  |  | 3,007,321 |
Less: Imputed interest |  |  | (243,001 | )
|  |  | 2,764,320 |
Less: current portion |  |  | (1,031,714 | )
Present value of operating lease obligation |  | $ | 1,732,606 |
Schedule of weighted average lease term and weighted average discount rate |
Weighted average remaining lease term months |  |  | 37 |
Weighted average incremental borrowing rate |  |  | 5.0 | %
Weighted average remaining lease term months |  |  | 43 |
Weighted average incremental borrowing rate |  |  | 5.0 | %
Weighted average remaining lease term |  | 47 Months |
Weighted average incremental borrowing rate |  |  | 5.0 | %
Weighted average remaining lease term |  | 29 Months |
Weighted average incremental borrowing rate |  |  | 5.0 | %
Schedule of components of lease expenses |
|  | Three Months Ended March 31, 2025 |  |  | Nine Months Ended March 31, 2025 |  |  | Three Months Ended March 31 31, 2024 |  |  | Nine Months Ended March 31, 2024 |
Finance lease expense: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of ROU assets |  | $ | 185,148 |  |  | $ | 555,444 |  |  | $ | 173,405 |  |  | $ | 514,955 |
Interest expense |  |  | 24,993 |  |  |  | 80,781 |  |  |  | 22,639 |  |  |  | 73,341 |
Operating lease cost |  |  | 3,750 |  |  |  | 11,279 |  |  |  | 3,745 |  |  |  | 12,436 |
Short-term lease expense |  |  | - |  |  |  | - |  |  |  | 171,577 |  |  |  | 558,936 |
Variable lease expense |  |  | 56,819 |  |  |  | 160,490 |  |  |  | 36,395 |  |  |  | 95,731 |
Total lease cost |  | $ | 270,710 |  |  | $ | 807,994 |  |  | $ | 407,761 |  |  | $ | 1,255,399 |
|  | June 30, 2024 |  |  | June 30, 2023 |
Finance lease expense: |  |  |  |  |  |
Amortization of ROU assets |  | $ | 669,260 |  |  | $ | 228,147 |
Interest expense |  |  | 99,633 |  |  |  | 28,043 |
Operating lease cost |  |  | 16,181 |  |  |  | 16,804 |
Short-term lease expense |  |  | 670,173 |  |  |  | 772,929 |
Variable lease expense |  |  | 169,309 |  |  |  | 29,113 |
Total lease cost |  | $ | 1,624,556 |  |  | $ | 1,075,036 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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