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Intangible Assets | 3 Months Ended
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Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | Note 3 - Intangible Assets The intangibles consisted of the following as of September 30, 2024 and June 30, 2024: Schedule of Intangible Assets
|  | September 30, 2024 |  |  | June 30, 2024 |
Goodwill |  | $ | 1,929,326 |  |  | $ | 1,929,326 |
Trade name |  |  | 796,100 |  |  |  | 796,100 |
Accreditation |  |  | 88,200 |  |  |  | 88,200 |
Course curriculum |  |  | 198,000 |  |  |  | 198,000 |
Total cost of intangibles |  | $ | 3,011,626 |  |  | $ | 3,011,626 |
Less accumulated amortization |  |  | (28,606 | ) |  |  | (27,353 | )
Intangibles net |  | $ | 2,983,020 |  |  | $ | 2,984,273 |
As of September 30, 2024 and June 30, 2024, no impairment of the Company’s goodwill, nor other intangibles with an indefinite life was required related to its previous acquisitions of CCC and Integrity. Although the ACCET accreditation has an indefinite life, the accreditation requires renewal every five years. CCC’s ACCET accreditation was most recently renewed in April 2020 and its next renewal is in April 2025. The Company recognized $1,253 in amortization expense for the three months ended September 30, 2024 and 2023. Although the Accrediting Bureau of Health Education Schools (“ABHES”) has an indefinite life, the accreditation requires renewal every five years. Integrity’s next ABHES accreditation renewal is in February 28, 2026. 100% of goodwill is expected to be deductible for federal income tax purposes and will be amortized over 15 years on a straight-line basis.

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