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Loans Payable (Tables)
12 Months Ended
Jun. 30, 2023
Loans Payable  
Schedule of future maturities of loans payable

 

 

Bank United

Term Loan

 

 

Equipment

Loans

 

 

Total

 

Fiscal year ending:

 

 

 

 

 

 

 

 

 

June 30, 2024

 

$901,078

 

 

$122,736

 

 

$1,023,814

 

June 30, 2025

 

 

1,273,533

 

 

 

139,966

 

 

 

1,413,499

 

June 30, 2026

 

 

-

 

 

 

79,761

 

 

 

79,761

 

June 30, 2027

 

 

-

 

 

 

37,571

 

 

 

37,571

 

After June 30, 2027

 

 

-

 

 

 

19,756

 

 

 

19,756

 

Total payments

 

$2,174,611

 

 

$399,790

 

 

 

2,574,401

 

Less current portion

 

 

 

 

 

 

 

 

 

 

(1,023,814)

Non-current portion

 

 

 

 

 

 

 

 

 

$1,550,587