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Loans Payable (Tables)
12 Months Ended
Jun. 30, 2022
Loans Payable  
Schedule of future maturities of loans payable

 

 

BankUnited

Term Loan

 

 

Equipment

Loan

 

 

Unamortized

Debt Costs

 

 

Total

 

Fiscal year ending:

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2023

 

$896,758

 

 

$103,005

 

 

 

(58,775)

 

$940,988

 

June 30, 2024

 

 

3,027,355

 

 

 

103,005

 

 

 

 

 

 

3,130,360

 

June 30, 2025

 

 

 

 

 

103,005

 

 

 

 

 

 

103,005

 

June 30, 2026

 

 

 

 

 

42,919

 

 

 

 

 

 

42,919

 

After June 30, 2026

 

 

 

 

 

 

 

 

 

 

 

 

Total payments

 

$3,924,113

 

 

$351,934

 

 

$(58,775)

 

 

4,217,272

 

Less current portion

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(998,692)

Non-current portion

 

 

 

 

 

 

 

 

 

 

 

 

 

$3,218,580