Schedule of note payable |
Schedule of note payable | |
| | | |
| | |
| |
March 31, 2025 | | |
June 30, 2024 | |
| |
| | |
| |
Current portion of Notes Payable | |
$ | - | | |
$ | 5,000,000 | |
Less: debt financing costs | |
| - | | |
| (11,820 | ) |
Less: unearned discount | |
| - | | |
| (111,212 | ) |
Plus: accretion of Loan Premium | |
| - | | |
| 824,242 | |
Current portion of Notes Payable, net of financing costs, unearned premium and discount | |
$ | - | | |
$ | 5,701,210 | |
|
Schedule of note payable | |
| | | |
| | |
| |
June 30, 2024 | | |
June 30, 2023 | |
| |
| | |
| |
Current portion of Notes Payable | |
$ | 5,000,000 | | |
$ | 10,000,000 | |
Less: debt financing costs | |
| (11,820 | ) | |
| (108,751 | ) |
Less: unearned discount | |
| (111,212 | ) | |
| (1,023,145 | ) |
Plus: accretion of Loan Premium | |
| 824,242 | | |
| 236,970 | |
Current portion of Notes Payable, net of financing costs, unearned premium and discount | |
$ | 5,701,210 | | |
$ | 9,105,074 | |
Non-current portion of Notes Payable
| |
June 30, 2024 | | |
June 30, 2023 | |
| |
| | |
| |
Notes Payable | |
$ | - | | |
$ | 5,000,000 | |
Less: debt financing costs | |
| - | | |
| (11,820 | ) |
Less: unearned discount | |
| - | | |
| (111,212 | ) |
Plus: accretion of Loan Premium | |
| - | | |
| 350,302 | |
Notes Payable, net of the current portion financing costs, unearned premium and discount | |
$ | - | | |
$ | 5,227,270 | |
|
Schedule of estimated future amortization expense and accretion of premium |
|
Schedule of estimated future amortization expense and accretion of premium | |
| | |
| | |
| |
| |
Unearned Discount | | |
Debt Financing Costs | | |
Loan Premium | |
| |
| | |
| | |
| |
Year ending June 30, | |
| | | |
| | | |
| | |
2025 | |
$ | 111,212 | | |
$ | 11,820 | | |
$ | 25,758 | |
Total | |
$ | 111,212 | | |
$ | 11,820 | | |
$ | 25,758 | |
|