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v3.25.2

Acquisition (Details) - USD ($) | Mar. 31, 2025 | Jun. 30, 2024 | Jul. 01, 2023 | Jun. 30, 2023 | Jun. 30, 2022
--- | --- | --- | --- | --- | ---
Accounts receivable | $ 180,897 | $ 606,885 | $ 2,046,700 | $ 1,125,394 | $ 760,729
Inventory | 1,324,540 | 1,431,556 |  | 4,804,299 |
Property and equipment | 1,972,522 | 2,356,556 |  | 2,831,375 |
Other asset | 192,122 | 278,435 |  | 76,728 |
Note payable |  | (557,429) |  | (173,812) |
Operating lease | (1,844,233) | (1,732,606) |  |  |
Goodwill | $ 848,854 | 848,854 |  | $ 2,886,309 |
Cygnet Online, LLC [Member] |  |  |  |  |
Cash |  | 1,500,000 |  |  |
Convertible note payable, convertible at $6.00 per common share |  | 1,050,000 |  |  |
Common stock, 555,489 shares valued at $5.34 per common share, the closing price on April 1, 2022. |  | 2,965,756 |  |  |
Total Purchase Price |  | 5,515,756 |  |  |
Cash. |  | 471,237 |  |  |
Accounts receivable |  | 860,882 |  |  |
Inventory |  | 2,337,208 |  |  |
Prepaid expenses |  | 6,900 |  |  |
Property and equipment |  | 7,602 |  |  |
Trade name |  | 410,365 |  |  |
Other asset |  | 6,545 |  |  |
Online sales channels |  | 1,800,000 |  |  |
Vendor relationships |  | 6,000,000 |  |  |
Accrued liabilities |  | (701,606) |  |  |
Note payable |  | (7,298,353) |  |  |
Operating lease |  | (422,479) |  |  |
Total identifiable net assets |  | 3,478,301 |  |  |
Goodwill |  | $ 2,037,455 |  |  |

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