Investment Securities (Tables)

12 Months Ended

Jun. 30, 2023

Investment Securities [Abstract]

Schedule of Available-for-Sale Securities

The Company classifies investment securities as available-for-sale which have been determined to be level 1 assets.  The cost, gross unrealized gains, gross unrealized losses and fair value debt securities by major security type at June 30, 2023 and June 30, 2022 are as follows:

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
June 30, 2023
Certificates of deposit	$	11,280,000	$	—	$	—		$	11,280,000
Municipal bonds	$	260,475	$	165	$	(7,843	)	$	252,797
U.S. Treasury Bills	$	430,952	$	1,225	$	(301	)	$	431,876
Total investment securities	$	11,971,427	$	1,390	$	(8,144	)	$	11,964,673

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
June 30, 2022
Certificates of deposit	$	3,639,000	$	—	$	—		$	3,639,000
Municipal bonds	$	72,225	$	—	$	(2,446	)	$	69,779
Total investment securities	$	3,711,225	$	—	$	(2,446	)	$	3,708,779

Schedule of Contractual Maturities

As of June 30, 2023 and June 30, 2022, the remaining contractual maturities of available-for-sale debt securities were as follows:

	Years to Maturity
	Less than		One to
	One Year		Five Years		Total
June 30, 2023
Available-for-sale	$	11,711,876	$	252,797	$	11,964,673
June 30, 2022
Available-for-sale	$	3,639,000	$	69,779	$	3,708,779