v3.25.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 4,877,036 $ 3,480,268
Trade accounts receivable, net of allowance of $24,495 and $25,676 9,455,310 4,928,931
Inventories, net 12,858,838 6,551,059
Prepaid expenses and deposits 1,142,661 445,900
Other current assets 40,150 131,177
Total current assets 28,373,995 15,537,335
Property and equipment, net 15,864,061 15,210,612
Operating lease right-of-use assets 7,429,378 6,741,549
Intangible assets, net 15,987,923 3,650,739
Goodwill 13,753,921 6,764,127
Deferred tax assets, net 22,571 123,000
Other assets 73,917 59,602
Total assets 81,505,766 48,086,964
Current liabilities:    
Accounts payable 7,421,430 3,231,713
Accrued liabilities 5,686,396 1,911,867
Accrued payroll and benefits 2,359,152 1,446,452
Operating lease liabilities, current 1,254,062 1,059,998
Loans payable, current portion 172,567 209,170
Finance lease obligation, current portion 206,518 177,148
Total current liabilities 17,100,125 8,036,348
Deferred tax liabilities, net 152,760 326,197
Accrued liabilities, noncurrent 823,000 611,619
Finance lease obligation, less current portion 421,363 528,753
Operating lease liabilities, noncurrent 8,326,250 8,058,502
Loans payable, less current portion 4,804,990 325,880
Total liabilities 31,628,488 17,887,299
Commitments and Contingencies - Note 15    
Series G Convertible Preferred Stock; $0.01 par value; 44,000 shares authorized; 24,956 shares issued and outstanding 34,232,510 0
Stockholders' equity:    
Preferred stock: Series D, $.01 par value, voting; 500,000 shares authorized; none issued and outstanding 0 0
Common stock: Class A, $.01 par value, voting; 94,500,000 shares authorized; 42,949,307 and 39,254,643 shares issued and outstanding 429,493 392,546
Additional paid-in capital 244,953,346 245,140,758
Accumulated other comprehensive income 978,686 509,936
Accumulated deficit (230,716,757) (215,843,575)
Total stockholders' equity 15,644,768 30,199,665
Total liabilities, convertible preferred stock and stockholders' equity $ 81,505,766 $ 48,086,964