v3.25.2
Accrued Liabilities
 9 Months Ended 12 Months Ended
Mar. 31, 2025
Jun. 30, 2024
Accrued Liabilities    
Accrued Liabilities

Note 9. Accrued Liabilities

  

 

 

March 31,

2025

 

 

June 30,

2024

 

Accrued professional fees

 

 

189,957

 

 

 

312,500

 

Accrued sales tax

 

 

36,445

 

 

 

28,539

 

Other accrued liabilities

 

 

(2,867)

 

 

395,368

 

 

 

$

223,535

 

 

$736,407

 

Note 9. Accrued Liabilities and Acquisition Payable

 

Accrued liabilities consist of the following:

 

 

 

June 30,

2024

 

 

June 30,

2023

 

Accrued professional fees

 

 

312,500

 

 

 

666,495

 

Accrued sales tax

 

 

28,539

 

 

 

37,429

 

Accrued expenses from sale of manufacturing operations

 

 

-

 

 

 

1,360,000

 

Other accrued liabilities

 

 

395,368

 

 

 

375,870

 

 

 

$736,407

 

 

$2,439,794

 

 

Acquisition Payable consists of the following:

 

 

 

June 30,

2024

 

 

June 30,

2023

 

Payments related to the acquisition of Cygnet

 

$413,152

 

 

$152,500

 

 

 

$413,152

 

 

$152,500

 

 

These payables are amounts estimated by management that are due to the sellers of the acquisition and include the original purchase price installment payments not represented with a debt, equity, or other instrument, estimates of excess or deficiencies in working capital and estimates of future earnout payments.