Operating Leases (Tables)

9 Months Ended

Mar. 31, 2024

Operating Leases

Schedule of undiscounted future minimum lease payments

2024	$	131,679
2025		508,665
2026		529,284
2027		268,530
2028		246,013
Thereafter		21,114
Total undiscounted future minimum lease payments		1,705,285
Less: Imputed interest		(137,670	)
Accrued adverse lease obligation		291,244
Present value of operating lease obligation	$	1,858,859

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 March 31, 2024		Nine Months Ended March 31, 2024
Operating lease cost:
Operating lease cost	$	148,794	$	462,496
Amortization of ROU assets		144,983		455,006
Interest expense		19,587		66,832
Total lease cost	$	313,364	$	984,334

	Three Months Ended March 31, 2023		Nine Months Ended March 31, 2023
Operating lease cost:
Operating lease cost	$	99,101	$	285,855
Amortization of ROU assets		67,088		233,409
Interest expense		4,595		25,030
Total lease cost	$	170,784	$	544,294