ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

3 Months Ended

12 Months Ended

Sep. 30, 2021

Jun. 30, 2021

Payables and Accruals [Abstract]

Accounts payable and accrued expenses consisted of the following

Accounts payable and accrued expenses consisted of the following as of September 30, 2021 and June 30, 2021:

Accounts payable and accrued expenses consisted of the following:

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

	September 30,		June 30,
	2021		2021
Accounts payable	$	2,568,546	$	1,672,647
Accrued interest		135,716		129,596
Taxes payable		282,900		238,020
Accrued payroll, vacation and bonus payable		391,016		1,049,359
Accrued operating expenses and legal settlement		3,243,844		773,252
Total	$	6,622,022	$	3,862,874

	June 30, 2021		June 30, 2020
Accounts payable	$	1,672,647	$	1,363,672
Accrued interest		129,596		105,315
Taxes payable		238,020		60,539
Accrued payroll, vacation and bonus payable		1,049,359		895,803
Accrued operating expenses		773,252		418,287
Total	$	3,862,874	$	2,843,616

Schedule of Income before Income Taxes

The following table summarizes income before income taxes:

INCOME TAXES

	Years Ended June 30,
	2021		2020
U.S.	$	6,983,223	$	1,981,773
Foreign		651,678		354,590
Income before income taxes	$	7,634,901	$	2,336,363

Schedule of Income taxes Provision

Provision for taxes consisted of the following:

	Years Ended June 30,
	2021		2020
U.S. operations	$	1,488,351	$	425,639
Foreign operations		297,107		137,323
Total	$	1,785,458	$	562,962

Provisions for income tax consisted of the following as of the years ended:

For the year ended:	June 30, 2021			June 30, 2020
Current:
Federal	$	1,426,303		$	274,229
States		122,052			64,861
Foreign		256,195			179,709
Total current		1,804,550			518,799
Deferred:
Federal		(56,397	)		94,273
States		(3,607	)		(7,723	)
Foreign		40,912			(42,387	)
Total deferred		(19,092	)		44,163
Total	$	1,785,458		$	562,962

[custom:DisclosureIncomeTaxesDetails2Abstract]

	Years Ended June 30,
	2021		2020
U.S. operations	$	1,488,351	$	425,639
Foreign operations		297,107		137,323
Total	$	1,785,458	$	562,962

Provisions for income tax consisted of the following as of the years ended:

For the year ended:	June 30, 2021			June 30, 2020
Current:
Federal	$	1,426,303		$	274,229
States		122,052			64,861
Foreign		256,195			179,709
Total current		1,804,550			518,799
Deferred:
Federal		(56,397	)		94,273
States		(3,607	)		(7,723	)
Foreign		40,912			(42,387	)
Total deferred		(19,092	)		44,163
Total	$	1,785,458		$	562,962

Schedule of Deferred Tax Assets and Liabilities

Tax effects of temporary differences that give rise to significant portions of the Company’s deferred tax assets for the years ended June 30, 2021 and 2020 are presented below:

INCOME TAXES (Details 3)

For the year ended:	June 30, 2021			June 30, 2020
Deferred tax assets:
Property and equipment and intangible assets - U.S.	$	469,403		$	529,694
Net operating loss		14,220			—
Accruals, reserves and other - U.S.		336,823			229,568
Leasing assets		245,819			125,480
Leasing liabilities		(238,789	)		(117,270	)
Gross deferred tax assets		827,476			767,472
Less valuation allowance		—			—
Total deferred tax assets	$	827,476		$	767,472
Deferred tax liabilities:
Intangible assets - foreign	$	(150,878	)		(144,653	)
Accruals, reserves and other - foreign		(18,551	)		16,136
Total deferred tax liabilities		(169,429	)		(128,517	)
Total net deferred tax assets	$	658,047		$	638,955

Schedule of Effective Income tax Reconciliation

Income tax expense (benefit) for the years ended June 30, 2021 and June 30, 2020 differed from the amounts computed by applying the statutory federal income tax rate of 21.00% to pretax income (loss) as a result of the following:

INCOME TAXES (Details 4)

For the year ended:	June 30, 2021			June 30, 2020
Federal tax expense (benefit) at statutory rate	$	1,603,764		$	490,638
State income taxes		92,813			43,517
Permanent differences		17,737			26,724
Foreign tax credit		(88,648	)		(58,203	)
Change in valuation allowance		—			(2,573	)
Foreign rate differential		159,792			62,859
Total tax expense	$	1,785,458		$	562,962

Schedule of Unrecognized Tax Benefits

INCOME TAXES (Details 5)

Balance at June 30, 2020	$	289,738
Additions based on tax positions taken during a prior period		12,597
Reductions based on tax positions taken during a prior period		—
Additions based on tax positions taken during the current period		—
Reductions based on tax positions taken during the current period		—
Reductions related to settlement of tax matters		—
Reductions related to a lapse of applicable statute of limitations		—
Balance at June 30, 2021	$	302,335