Leases (Notes)

9 Months Ended

Mar. 31, 2021

Lessee Disclosure [Abstract]

Lease

Leases

    The Company leases certain facilities and equipment under operating leases. Total lease expense, under ASC 842, was included in cost of goods sold and marketing, general and administrative costs in our unaudited condensed consolidated statement of operations for the three and nine months ended March 31, 2021 and 2020 as follows:

	Three Months Ended March 31,				Nine Months Ended March 31,
	2021		2020		2021		2020
Operating lease costs:
Fixed	$	84,245	$	99,570	$	262,351	$	308,468
Total:	$	84,245	$	99,570	$	262,351	$	308,468

    Supplemental cash flow information was as follows:

	Three Months Ended March 31,				Nine Months Ended March 31,
	2021		2020			2021		2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases	$	82,390	$	95,375		$	253,197	$	296,004
Total	$	82,390	$	95,375		$	253,197	$	296,004

    The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate)

under noncancelable operating leases with terms of more than one year to the total operating lease liabilities recognized on the unaudited condensed consolidated balance sheets as of March 31, 2021:

	Operating
2021 (excluding the three months ending March 31, 2021)	$	82,400
2022	321,612
2023	263,162
2024	268,372
2025	141,865
Thereafter	2,728
Total lease payments	1,080,139
Less interest	101,538
Present value of lease liabilities	$	978,601

    Average lease terms and discount rates were as follows:

	March 31,		June 30,
	2021		2020
Weighted-average remaining lease terms (years)
Operating leases	3.57		4.17
Weighted-average discount rate
Operating leases	5.65	%	5.65	%