Note 8 - Business Risk and Credit Risk Concentration Involving Cash |
12 Months Ended |
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Jun. 30, 2025 | |
| Notes to Financial Statements | |
| Concentration Risk Disclosure [Text Block] |
(8) Business Risk and Credit Risk Concentration Involving Cash
For the fiscal year ended June 30, 2025, the Company had customers that substantially comprised all of the Company’s revenue. For the fiscal year ended June 30, 2024 the Company had customers that substantially comprised all of the Company’s revenue. Additionally, the material amount of the company's receivables was compromised by companies for the fiscal year ended June 30, 2025 and company for the fiscal year ended June 30, 2024.
The Company maintains funds in bank accounts that may exceed the limit insured by the Federal Deposit Insurance Corporation (the “FDIC”). The risk of loss attributable to these uninsured balances is mitigated by depositing funds in what the Company believes to be high credit quality financial institutions. The Company has not experienced any losses in such accounts. The general insurance limit is $250,000 per separately insured depositor. These balances as of June 30, 2025 are $2.6 million across two financial institutions.
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