Income Taxes (Details Narrative) - USD ($) |
3 Months Ended | 9 Months Ended | ||||
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Mar. 31, 2025 |
Mar. 31, 2025 |
Mar. 31, 2024 |
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2022 |
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Income Taxes | ||||||
Income Tax Benefit | $ 988,500 | $ 1,691,500 | ||||
Effective Income Tax Rate | 25.80% | 24.50% | ||||
Valuation reserve | $ 7,791,500 | $ 7,791,500 | $ 6,100,000 | $ 6,100,000 | $ 2,506,514 | |
Reserved Income Tax Benefit | 100.00% | |||||
Net operating loss carryover | $ 2,506,514 | |||||
Losses attributable to federal taxable income | $ 44,916,500 | $ 21,258,000 |
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- References No definition available.
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible charitable contribution carryforwards. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of other income tax expense (benefit). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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