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Inventories, net
9 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Inventories, net

Note 6 – Inventories, net

 

As of March 31, 2025 and June 30, 2024, inventories consisted of finished goods ready for sale, net of allowance for obsolescence, amounted to $9,772,699 and $10,546,273, respectively.

 

For the three and nine months ended March 31, 2025, the Company recorded inventory reserve expense of $0 and $288,474, respectively. For the three and nine months ended March 31, 2024, the Company recorded inventory reserve expense of $0 and $222,755, respectively. As of March 31, 2025 and June 30, 2024, allowance for obsolescence was $936,299 and $647,825, respectively.