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Operating Leases (Table)
6 Months Ended
Dec. 31, 2023
Operating Leases  
Schedule Of undiscounted future minimum lease payments

2024

 

$280,190

 

2025

 

 

508,665

 

2026

 

 

529,284

 

2027

 

 

266,602

 

2028

 

 

246,013

 

Thereafter

 

 

 21,114

 

Total undiscounted future minimum lease payments

 

 

1,851,868

 

Less: Imputed interest

 

 

(155,447 )

Accrued adverse lease obligation

 

 

289,968

 

Present value of operating lease obligation

 

$1,986,389

 

Schedule Of weighted average lease term and weighted average discount rate

Weighted average remaining lease term

 

43 Months

 

Weighted average incremental borrowing rate

 

 

5.0%
Schedule of components of lease expenses

 

 

Three Months Ended December 31, 2023

 

 

Six Months Ended December 31, 2023

 

Operating lease cost:

 

 

 

 

 

 

Operating lease cost

 

$120,846

 

 

$295,058

 

Amortization of ROU assets

 

 

118,037

 

 

 

289,007

 

Interest expense

 

 

17,492

 

 

 

43,839

 

Total lease cost

 

$256,375

 

 

$627,904