v3.25.1
Investment Income (Details) - USD ($)
3 Months Ended 9 Months Ended
Mar. 12, 2024
Sep. 12, 2023
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Investment Income [Line Items]            
Certificate of deposit   $ 5,000,000     $ 5,000,000
Purchase date 90 days          
interest income     $ 397,614 $ 520,319 1,316,982 1,480,912
Interest Earned on Certificates of Deposit [Member]            
Investment Income [Line Items]            
interest income [1]         $ 123,881
[1] On September 12, 2023, the Company invested in a $5,000,000 certificate of deposit (CD), which matured on March 12, 2024. CDs should be reported as part of cash and cash equivalents at cost plus accrued interest if less than 90 days from the purchase date, and on its own line in the financial statements if the purchase is greater than 90 days. The CD has been classified as a short-term investment due to the length of time to maturity at acquisition and was measured using Level 1. The CD was reinvested upon maturity. The Company recognized interest income of $123,881 which was reported in the Company’s financial statements as of March 31, 2024.