Leases (Notes)

6 Months Ended

Dec. 31, 2023

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 statements of operations for the three and six months ended December 31, 2023, and 2022 as follows:

	Three Months Ended December 31,				Six Months Ended December 31,
	2023		2022		2023		2022
Operating lease costs:
Fixed	$	84,970	$	85,324	$	170,022	$	170,760
Total:	$	84,970	$	85,324	$	170,022	$	170,760

    Supplemental cash flow information was as follows:

	Three Months Ended December 31,				Six Months Ended December 31,
	2023		2022		2023		2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases	$	87,805	$	85,941	$	174,163	$	170,533
Total	$	87,805	$	85,941	$	174,163	$	170,533

    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 December 31, 2023:

	Operating
2024 (reminder of FY 2023)	$	176,739
2025	212,415
2026	3,928
2027	1,200
2028	1,200
Thereafter	600
Total lease payments	396,082
Less interest	13,761
Present value of lease liabilities	$	382,321

    Average lease terms and discount rates were as follows:

	December 31,		June 30,
	2023		2023
Weighted-average remaining lease terms (years)
Operating leases	1.19		1.67
Weighted-average discount rate
Operating leases	5.71	%	5.69	%