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Consolidated Statements of Income - USD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Consolidated Statements of Income [Abstract]    
Net sales $ 13,099,651 $ 17,705,519
Cost of goods sold 8,642,237 10,989,889
Gross profit 4,457,414 6,715,630
Selling, general and administrative expenses 29,358,466 5,813,607
Income (loss) from operations (24,901,052) 902,023
Other income 33,000,000 362,390
Interest income 520,809 11,513
Income before income tax provision 8,619,757 1,275,926
Income tax provision 317,377 7,517
Net income $ 8,302,380 $ 1,268,409
Income per common share:    
Basic (in dollars per share) $ 0.90 $ 0.14
Diluted (in dollars per share) $ 0.85 $ 0.13
Weighted-average number of shares:    
Basic (in shares) 9,192,799 9,070,277
Diluted (in shares) 9,753,760 9,985,662