v3.25.2
COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Sep. 30, 2024
COMMITMENTS AND CONTINGENCIES [Abstract]  
Balance Sheet Classifications of Leases
As of September 30, 2024, the Company’s balance sheet classifications of its leases are as follows:

Operating Leases:
     
Noncurrent operating lease ROU assets
 
$
1,396,354
 
 
       
Current operating lease liabilities
 
$
910,486
 
Noncurrent operating lease liabilities
   
984,447
 
Total operating lease liabilities
 
$
1,894,933
 
Remaining Future Payments Under Operating Leases
As of September 30, 2024, the Company’s remaining future payments under operating leases for each fiscal year ending June 30 are as follows:

2025
  $
692,810
 
2026
   
943,487
 
2027
   
317,327
 
Total lease payments
 

1,953,624
 
Less: imputed interest
   
58,691
Present value of lease payments
   
1,894,933
 
Less: current lease obligations
   
910,486
 
Total long-term lease obligations
 
$
984,447