v3.25.1
Long term debt (Notes)
9 Months Ended
Mar. 31, 2025
Debt Instrument [Line Items]  
Long-term Debt [Text Block] Long-term debt
Economic Injury Disaster Loan ("EIDL")

    EIDL is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to the Coronavirus (COVID-19) pandemic. EIDL proceeds can be used to cover a wide array of working capital and normal operating expenses, such as continuation to health care benefits, rent, utilities, and fixed debt payments. The Company received a $150,000 EIDL loan. The annual interest rate is 3.75%. The payment term is 30 years and the monthly payment of $731 started on July 1st, 2021. The EIDL loan is secured by the tangible and intangible personal property of the Company.

    The future annual principal amounts to be paid as of March 31, 2025 are as follows:
Year ending June 30,EIDL Payment
2025 (remainder of FY 2025)$812 
20263,324 
20273,451 
20283,582 
20293,719 
Thereafter128,267 
Total$143,155