XML 26 R15.htm IDEA: XBRL DOCUMENT v3.24.3
Inventories, net
3 Months Ended
Sep. 30, 2024
Inventory Disclosure [Abstract]  
Inventories, net

Note 6 – Inventories, net

 

As of September 30, 2024 and June 30, 2024, inventories consisted of finished goods ready for sale, net of allowance for obsolescence, amounted to $8,668,497 and $10,546,273, respectively.

 

For the three months ended September 30, 2024 and 2023, the Company recorded inventory reserve expense of $288,474 and $105,192, respectively. As of September 30, 2024 and June 30, 2024, allowance for obsolescence was $936,299 and $647,825, respectively.