Leases (Tables)

12 Months Ended

Jun. 30, 2024

Leases

Lease costs

	Year Ended June 30,
	2024		2023
Operating lease cost	$	947,154	$	875,454
Finance lease cost:
Depreciation of lease assets		95,546		71,326
Interest on lease liabilities		39,972		7,590
Total finance lease cost		135,518		78,916
Total lease cost	$	1,082,672	$	954,370

Supplemental lease information

Classification	June 30, 2024		June 30, 2023
Operating lease assets	$	6,741,549	$	9,571,604
Property and equipment, net(1)		1,063,768		542,105
	$	7,805,317	$	10,113,709
Operating lease liabilities, current	$	1,059,998	$	969,890
Finance lease liabilities, current		177,148		103,646
Operating lease liabilities, less current portion		8,058,502		8,393,248
Finance lease liabilities, less current portion		528,753		341,201
	$	9,824,401	$	9,807,985

Schedule of lease term and discount rate of lease

Lease Term and Discount Rate	June 30, 2024
Weighted Average Remaining Lease Term (in years)
Operating leases	9.4
Finance leases	4.0
Weighted Average Discount Rate
Operating leases	2.9%
Finance leases	8.1%

Supplemental cash flow information

	Year Ended June 30,
	2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash used for operating leases	$	932,122	$	1,020,992
Operating cash used for finance leases	$	39,972	$	7,590
Financing cash used for finance leases	$	131,901	$	73,003

Future maturities of lease liabilities

Fiscal year ending:	Finance Leases			Operating Leases
June 30, 2025	$	228,515		$	1,158,942
June 30, 2026		206,200			1,130,756
June 30, 2027		179,552			1,137,989
June 30, 2028		161,011			1,156,405
June 30, 2029		57,642			1,186,646
Thereafter		-			5,569,120
Total future minimum payments		832,920			11,339,858
Less imputed interest		(127,019	)		(2,221,358	)
Present value of lease liabilities	$	705,901		$	9,118,500