Investment Securities (Tables)

6 Months Ended

Dec. 31, 2023

Investment Securities [Abstract]

Schedule of Classifies Investment Securities as Available-for-Sale

The cost, gross unrealized gains, gross unrealized losses and fair value of available-for-sale debt securities by major security type at December 31, 2023 and June 30, 2023 are as follows:

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
December 31, 2023
Certificates of deposit	$	13,330,000	$	—	$	—		$	13,330,000
Municipal bonds	$	290,745	$	5,838	$	(1,830	)	$	294,753
U.S. Treasury Bills	$	243,963	$	3,178	$	—		$	247,141
Total investment securities	$	13,864,708	$	9,016	$	(1,830	)	$	13,871,894
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

Schedule of Contractual Maturities of Available-for-Sale Debt Securities

As of December 31, 2023 and June 30, 2023, 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
December 31, 2023
Available-for-sale	$	13,530,070	$	341,824	$	13,871,894
June 30, 2023
Available-for-sale	$	11,711,876	$	252,797	$	11,964,673