Stockholders' Equity |
12 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Equity [Abstract] | |
| Stockholders' Equity | (15) Stockholders’ Equity Common Stock Holders of common stock are entitled to one vote per share and to receive dividends, when declared. The holders have no preemptive or other subscription rights, and there are no redemption or sinking fund provisions with respect to such shares. Share Repurchase Program In April 2024, the Company's board of directors approved a share repurchase program (the "Repurchase Program") under which the Company is authorized to purchase (in the aggregate) up to $500,000 of its issued and outstanding common stock. The board of directors subsequently approved increases to the authorized amount under the Repurchase Program of $500,000 in July 2025 and an additional $1,000,000 in April 2026. Under the Repurchase Program, shares may be repurchased from time-to-time in open market transactions at prevailing market prices, privately negotiated transactions or by other means, including the use of Rule 10b5-1 trading plans entered into by the Company. The actual timing, number and value of shares repurchased under the Repurchase Program will depend on the market price of its common stock, trading volume, general market conditions and other corporate and economic considerations. The Repurchase Program does not obligate the Company to repurchase any specific number of shares and may be modified, suspended or terminated at any time. During the years ended June 30, 2024, 2025 and 2026, the Company repurchased 1,050, 787 and 2,752 shares, respectively, for $150,000, $149,638 and $398,113, respectively. All shares of common stock repurchased were retired. As of June 30, 2026, $1,302,250 remained available for future share repurchases under the Repurchase Program.
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