v3.26.1
Leases (Tables)
 9 Months Ended 12 Months Ended
Mar. 31, 2026
Jun. 30, 2025
Leases [Abstract]    
Schedule of Lease Assets and Liabilities  

The following table presents lease assets and liabilities and their balance sheet classification:

 

   June 30, 
Classification  2025   2024 
Operating Leases:        
Right-of-use Asset  $362,968   $446,675 
Current portion of operating lease obligation  $91,220   $75,061 
Operating lease obligation, less current portion  $288,836   $380,056 
           
Finance Leases:          
Right-of-use Asset  $
-
   $546 
Current portion of financing lease obligation  $
-
   $1,514 
Financing lease obligation, less current portion  $
-
   $
-
 
Schedule of Components of Lease Expense

The following table presents lease assets and liabilities and their balance sheet classification:

 

Classification  March 31,
2026		   June 30,
2025		 
Operating Leases:        
Right-of-use Asset  $293,783   $362,968 
Current portion of operating lease obligation  $104,886   $91,220 
Operating lease obligation, less current portion  $208,328   $288,836 
           
Finance Leases:          
Right-of-use Asset  $
-
   $
-
 
Current portion of financing lease obligation  $
-
   $
-
 
Financing lease obligation, less current portion  $
-
   $
-
 

 

The components of lease expense for the three months ended March 31, 2026, and 2025, are as follows:

 

   For the Three Months Ended March 31, 
Classification  2026   2025 
Operating lease cost  $33,280   $33,280 
Finance Lease:          
Amortization of lease assets   
-
    
-
 
Interest on lease liabilities   
-
    
-
 
Total finance lease cost  $
-
   $
-
 

 

The components of lease expense for the nine months ended March 31, 2026, and 2025, are as follows:

 

   For the Nine Months Ended March 31, 
Classification  2026   2025 
Operating lease cost  $99,839   $99,839 
Finance Lease:          
Amortization of lease assets   
-
    546 
Interest on lease liabilities   
-
    (14)
Total finance lease cost  $
-
   $532 

Supplemental disclosures of cash flow information related to leases for the three months ended March 31, 2026, and 2025 were as follows:

 

   For the Three Months Ended
March 31,		 
   2026   2025 
Cash paid for operating lease liabilities  $33,201   $31,620 

 

Supplemental disclosures of cash flow information related to leases for the nine months ended March 31, 2026, and 2025 were as follows:

 

   For the Nine Months Ended
March 31,		 
   2026   2025 
Cash paid for operating lease liabilities  $97,495   $92,582 

 

The weighted average lease term and discount rates are as follows:

 

   March 31,
2026		 
Operating Leases:    
Weighted average remaining lease term (years)   2.59 
Weighted average discount rate   12%

The components of lease expense for the years ended June 30, 2025, and 2024, are as follows:

 

   For the Years Ended June 30, 
Classification  2025   2024 
Operating lease cost  $133,118   $116,846 
Finance Lease:          
Amortization of lease assets   
-
    1,514 
Interest on lease liabilities   
-
    166 
Total finance lease cost  $
-
   $1,680 
Schedule of Supplemental Disclosures of Cash Flow Information Related to Leases  

Supplemental disclosures of cash flow information related to leases were as follows:

 

   For the Years Ended June 30, 
   2025   2024 
Cash paid for operating lease liabilities  $124,472   $111,058 
Schedule of Weighted Average Lease Term and Discount Rates  

The weighted average lease term and discount rates are as follows:

 

   June 30,
2025		 
Operating Leases:    
Weighted average remaining lease term (years)   3.34 
Weighted average discount rate   12%
Schedule of Future Payments Due Under Leases Reconciled to Lease Liabilities

Future payments due under leases reconciled to lease liabilities as follows:

 

   Operating 
   Lease 
As of March 31, 2026:    
2026 (remaining)   100,709 
2027   140,602 
2028   122,010 
Total undiscounted lease payments   363,321 
Present value discount, less interest   (50,106)
Lease Liabilities  $313,215 

Future payments due under leases reconciled to lease liabilities as follows:

 

   Operating 
   Lease 
For the Year Ending June 30:    
2025   64,294 
2026   133,910 
2027   140,602 
2028   122,010 
Total undiscounted lease payments   460,816 
Present value discount, less interest   (80,760)
Lease Liabilities  $380,056