During the third quarter of fiscal year 2026, the Company transferred its debt securities with an amortized cost basis of $16,994,043 from its held-to-maturity portfolio to its available-for-sale portfolio. At the date of transfer, the securities had an aggregate fair value of $16,956,081, resulting in an unrealized loss of $37,962 which was recorded in accumulated other comprehensive loss within stockholders’ equity during the period in accordance with ASC 320. As of June 30, 2026, the total accumulated other comprehensive loss related to unrealized losses from available-for-sale securities is $104,949, net of tax.

The transfer was made in response to the Company’s recently announced diversification strategy via acquisition and the related cash requirements of funding potential acquisition opportunities. Following the transfer, the securities are classified as available-for-sale and carried at fair value on the Consolidated Balance Sheet.

The following table summarizes the unrealized positions for the available-for-sale debt securities as of June 30, 2026:


	Amortized Cost Basis		Gross unrealized gains		Gross unrealized losses		Fair Value
US Treasury securities	$	16,908,005	$	4,258	$	109,207	$	16,803,056
Total	$	16,908,005	$	4,258	$	109,207	$	16,803,056

At June 30, 2025, the debt securities were classified as held-to-maturity and the amortized cost and fair value are shown below:


	Amortized Cost Basis		Gross unrealized gains		Gross unrealized losses		Fair Value
US Treasury securities	$	16,880,656	$	52,103	$	625	$	16,932,134
Total	$	16,880,656	$	52,103	$	625	$	16,932,134

The following tables summarize the amortized cost basis and fair value of the debt securities by contractual maturity as of June 30, 2026 and 2025, respectively:


	June 30, 2026
	Amortized Cost Basis		Fair Value
Due within one year	$	4,001,624	$	4,005,883
Due after one year through five years		12,906,381		12,797,173
Total	$	16,908,005	$	16,803,056


	June 30, 2025
	Amortized Cost Basis		Fair Value
Due within one year	$	12,879,882	$	12,909,183
Due after one year through five years		4,000,774		4,022,951
Total	$	16,880,656	$	16,932,134