Acquisition (Details) - USD ($) |
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2022 |
|---|---|---|---|
| Accounts receivable | $ 606,885 | $ 1,125,394 | $ 760,729 |
| Inventory | 1,431,556 | 4,804,299 | |
| Property and equipment | 2,356,556 | 2,831,375 | |
| Other asset | 278,435 | 76,728 | |
| Note payable | (557,429) | (173,812) | |
| Operating lease | (1,732,606) | ||
| Goodwill | 848,854 | $ 2,886,309 | |
| Cygnet Online, LLC [Member] | |||
| Cash | 1,500,000 | ||
| Convertible note payable, convertible at $6.00 per common share | 1,050,000 | ||
| Common stock, 555,489 shares valued at $5.34 per common share, the closing price on April 1, 2022. | 2,965,756 | ||
| Total Purchase Price | 5,515,756 | ||
| Cash. | 471,237 | ||
| Accounts receivable | 860,882 | ||
| Inventory | 2,337,208 | ||
| Prepaid expenses | 6,900 | ||
| Property and equipment | 7,602 | ||
| Trade name | 410,365 | ||
| Other asset | 6,545 | ||
| Online sales channels | 1,800,000 | ||
| Vendor relationships | 6,000,000 | ||
| Accrued liabilities | (701,606) | ||
| Note payable | (7,298,353) | ||
| Operating lease | (422,479) | ||
| Total identifiable net assets | 3,478,301 | ||
| Goodwill | $ 2,037,455 |
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- Definition Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of accrued but unpaid interest on deposit liabilities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Carrying amount (original costs adjusted for previously recognized amortization and impairment) as of the balance sheet date for the rights acquired through registration of a trade name to gain or protect exclusive use thereof for a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Present value of lessee's discounted obligation for lease payments from operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of noncurrent assets classified as other. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after impairment of indefinite-lived intangible assets classified as other. Excludes financial assets and goodwill. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Intrinsic value of outstanding award under share-based payment arrangement. Excludes share and unit options. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Details
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