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Leases (Tables) | 3 Months Ended
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Sep. 30, 2023
Leases |
Lease Costs |
|  | Three Months Ended September 30, |
|  | 2023 |  |  | 2022 |
Operating lease cost |  | $ | 205,023 |  |  | $ | 231,501 |
Finance lease cost: |  |  |  |  |  |  |  |
Depreciation of lease assets |  |  | 19,915 |  |  |  | 34,111 |
Interest on lease liabilities |  |  | 7,536 |  |  |  | 2,683 |
Total finance lease cost |  |  | 27,451 |  |  |  | 36,794 |
Total lease cost |  | $ | 232,474 |  |  | $ | 268,295 |
Supplement Balance Sheet Classification Information |
|  | Classification |  | September 30, 2023 |  |  | June 30, 2023 |
Assets: |  |  |  |  |  |  |  |
Operating lease assets |  | Operating lease assets |  | $ | 7,571,878 |  |  | $ | 9,571,604 |
Finance lease assets |  | Property and equipment, net(1) |  |  | 637,581 |  |  |  | 542,105 |
Total lease assets |  |  |  | $ | 8,209,459 |  |  | $ | 10,113,709 |
Liabilities: |  |  |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |  |  |
Operating leases |  | Operating lease liabilities, current |  | $ | 1,016,940 |  |  | $ | 969,890 |
Finance leases |  | Finance lease liabilities, current |  |  | 112,352 |  |  |  | 103,646 |
Noncurrent: |  |  |  |  |  |  |  |  |  |
Operating leases |  | Operating lease liabilities, less current portion |  |  | 8,773,442 |  |  |  | 8,393,248 |
Finance leases |  | Finance lease liabilities, less current portion |  |  | 340,716 |  |  |  | 341,201 |
Total lease liabilities |  |  |  | $ | 10,243,450 |  |  | $ | 9,807,985 |
Lease Term And Discount Rate |
Lease Term and Discount Rate |  | September 30, 2023 |
Weighted Average Remaining Lease Term (in years) |
Operating leases |  |  | 10.1 |
Finance leases |  |  | 4.2 |
Weighted Average Discount Rate |  |  |  |
Operating leases |  |  | 2.9 | %
Finance leases |  |  | 5.7 | %
Supplemental Lease Information |
|  | Three Months Ended September 30, |
|  | 2023 |  |  | 2022 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash used for operating leases |  | $ | 180,077 |  |  | $ | 268,580 |
Operating cash used for finance leases |  | $ | 7,536 |  |  | $ | 2,683 |
Financing cash used for finance leases |  | $ | 27,062 |  |  | $ | 37,079 |
Future Maturities Of Lease Liabilities |
Fiscal year ending: |  | Finance Leases |  |  | Operating Leases |
June 30, 2024 (remaining nine months) |  | $ | 106,949 |  |  | $ | 794,979 |
June 30, 2025 |  |  | 130,447 |  |  |  | 1,125,653 |
June 30, 2026 |  |  | 108,132 |  |  |  | 1,097,131 |
June 30, 2027 |  |  | 89,371 |  |  |  | 1,125,616 |
June 30, 2028 |  |  | 82,466 |  |  |  | 1,154,784 |
Thereafter |  |  | — |  |  |  | 6,751,714 |
Total future minimum payments |  |  | 517,365 |  |  |  | 12,049,877 |
Less imputed interest |  |  | (64,297 | ) |  |  | (2,259,495 | )
Present value of lease liabilities |  | $ | 453,068 |  |  | $ | 9,790,382 |

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