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COMMITMENTS AND CONTINGENCIES (Tables)
 9 Months Ended
Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF FINANCE LEASES

The Company’s leased properties as of March 31, 2024 are as follows:

 

Lease Date  Property Leased  Lease Term (months)   Commencement Date  Monthly Lease Payment(1) 
               
9/2/2022  Vehicle   60   9/10/2022  $1,100 
10/17/2022  Manufacturing equipment   36   10/17/2022  $5,500 
1/24/2023  Manufacturing equipment   36   1/24/2023  $6,700 
3/2/2023  Manufacturing equipment   36   3/2/2023  $1,000 

 

(1) Excludes sales tax and other fees.
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

The Future Minimum Lease Payments as of March 31, 2024 are as follows:

 

   Operating
Leases		  

Finance

Leases

 
Year Ending June 30,          
2024 (remaining three months)  $215,000   $43,000 
2025   883,000    173,000 
2026   910,000    85,000 
2027   433,000    15,000 
2028   64,000    21,000 
Total Future Minimum Lease Payments   2,505,000    337,000 
           
Less: discount   (282,000)   (31,000)
Total lease liability  $2,223,000   $306,000