v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 6,478,885 $ 3,480,268
Trade accounts receivable, net of allowance of $23,514 and $25,676 7,651,086 4,928,931
Inventories, net 12,687,225 6,551,059
Prepaid expenses and deposits 1,206,115 445,900
Other current assets 57,815 131,177
Total current assets 28,081,126 15,537,335
Property and equipment, net 15,461,601 15,210,612
Operating lease right-of-use assets 6,457,530 6,741,549
Intangible assets, net 21,476,226 3,650,739
Goodwill 9,741,473 6,764,127
Deferred tax assets, net 123,000 123,000
Other assets 79,860 59,602
Total assets 81,420,816 48,086,964
Current liabilities:    
Accounts payable 5,737,240 3,231,713
Accrued liabilities 3,079,036 1,911,867
Accrued payroll and benefits 1,752,940 1,446,452
Operating lease liabilities, current 1,271,740 1,059,998
Loans payable, current portion 185,631 209,170
Finance lease obligation, current portion 203,954 177,148
Total current liabilities 12,230,541 8,036,348
Deferred tax liabilities, net 1,498,479 326,197
Accrued liabilities, noncurrent 937,000 611,619
Finance lease obligation, less current portion 457,441 528,753
Operating lease liabilities, noncurrent 7,518,766 8,058,502
Loans payable, less current portion 4,693,544 325,880
Warrant liability 3,961,023  
Total liabilities 31,296,794 17,887,299
Commitments and Contingencies    
Series G Convertible Preferred Stock; $0.01 par value; 44,000 shares authorized; 24,956 issued and outstanding 34,399,622 0
Stockholders equity:    
Common stock: Class A, $.01 par value, voting; 94,500,000 shares authorized; 42,893,563 and 39,254,643 shares issued and outstanding 428,936 392,546
Additional paid-in capital 238,505,174 245,140,758
Accumulated other comprehensive income 451,067 509,936
Accumulated deficit (223,660,777) (215,843,575)
Total stockholders equity 15,724,400 30,199,665
Total liabilities, convertible preferred stock and stockholders equity $ 81,420,816 $ 48,086,964