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Leases (Tables)

6 Months Ended

Dec. 31, 2021

Leases

Lease costs

		Three Months Ended December 31,								Six Months Ended December 31,
		2021				2020				2021				2020
Operating lease cost		$	171,911			$	173,437			$	344,141			$	340,411
Finance lease cost:
Depreciation of lease assets			43,825				47,354				91,179				113,223
Interest on lease liabilities			5,315				11,432				11,747				24,256
Total finance lease cost			49,140				58,786				102,926				137,479
Total lease cost		$	221,051			$	232,223			$	447,067			$	477,890

Supplemental lease information

		Classification		December 31, 2021				June 30, 2021
Assets:
Operating lease assets		Operating lease assets		$	9,638,515			$	9,015,498
Finance lease assets		Property and equipment, net(1)			132,444				477,102
Total lease assets				$	9,770,959			$	9,492,600
Liabilities:
Current:
Operating leases		Operating lease liabilities, current		$	816,789			$	799,507
Finance leases		Finance lease liabilities, current			127,278				212,212
Noncurrent:
Operating leases		Operating lease liabilities, less current portion			8,943,334				8,461,133
Finance leases		Finance lease liabilities, less current portion			18,437				66,801
Total lease liabilities				$	9,905,838			$	9,539,653

Lease Term and Discount Rate		December 31, 2021
Weighted Average Remaining Lease Term (in years)
Operating leases			10.9
Finance leases			1.1
Weighted Average Discount Rate
Operating leases			2.9	%
Finance leases			7.7	%

		Six Months Ended December 31,
		2021				2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash used for operating leases		$	448,485			$	427,215
Operating cash used for finance leases		$	11,747			$	24,256
Financing cash used for finance leases		$	133,298			$	136,332

Future maturities of lease liabilities

Fiscal year ending:		Finance Leases				Operating Leases
June 30, 2022 (remaining six months)		$	86,738			$	326,245
June 30, 2023			59,647				1,059,682
June 30, 2024			11,811				1,038,253
June 30, 2025							1,065,958
June 30, 2026							980,589
Thereafter							7,034,987
Total future minimum payments			158,196				11,505,714
Less imputed interest			(12,481	)			(1,745,591	)
Present value of lease liabilities		$	145,715			$	9,760,123

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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.

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Tabular disclosure for lessee's operating leases. Includes, but is not limited to, description of lessee's operating lease, existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions.

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