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Leases (Tables)

9 Months Ended

Mar. 31, 2022

Leases

Lease Costs

		Three Months Ended March 31,								Nine Months Ended March 31,
		2022				2021				2022				2021
Operating lease cost		$	129,934			$	168,017			$	474,075			$	508,428
Finance lease cost:
Depreciation of lease assets			36,767				47,354				127,946				160,577
Interest on lease liabilities			4,323				11,432				16,070				35,688
Total finance lease cost			41,090				58,786				144,016				196,265
Total lease cost		$	171,024			$	226,803			$	618,091			$	704,693

Supplement Balance Sheet Classification Information

		Classification		March 31, 2022				June 30, 2021
Assets:
Operating lease assets		Operating lease assets		$	10,598,425			$	9,015,498
Finance lease assets		Property and equipment, net(1)			95,677				477,102
Total lease assets				$	10,694,102			$	9,492,600
Liabilities:
Current:
Operating leases		Operating lease liabilities, current		$	973,174			$	799,507
Finance leases		Finance lease liabilities, current			91,277				212,212
Noncurrent:
Operating leases		Operating lease liabilities, less current portion			9,686,335				8,461,133
Finance leases		Finance lease liabilities, less current portion			15,392				66,801
Total lease liabilities				$	10,766,178			$	9,539,653

Lease Term And Discount Rate

Lease Term and Discount Rate		March 31, 2022
Weighted Average Remaining Lease Term (in years)
Operating leases			10.2
Finance leases			1.0
Weighted Average Discount Rate
Operating leases			3.0	%
Finance leases			7.7	%

Supplemental Lease Information

		Nine Months Ended March 31,
		2022				2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash used for operating leases		$	638,943			$	645,174
Operating cash used for finance leases		$	16,070			$	35,688
Financing cash used for finance leases		$	172,344			$	206,644

Future Maturities Of Lease Liabilities

Fiscal year ending:		Finance Leases				Operating Leases
June 30, 2022 (remaining three months)		$	43,369			$	168,270
June 30, 2023			59,647				1,195,376
June 30, 2024			11,811				1,213,080
June 30, 2025			-				1,177,525
June 30, 2026			-				1,143,042
Thereafter			-				7,779,560
Total future minimum payments			114,827				12,676,853
Less imputed interest			(8,158	)			(2,017,344	)
Present value of lease liabilities		$	106,669			$	10,659,509

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