v3.26.1
LEASES (Tables)
12 Months Ended
Jun. 30, 2026
LEASES [Abstract]  
Lease Expense

Year Ended

2026

2025

Operating lease cost

$

387,669

$

387,669

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

(380,000)

$

(380,000)

Weighted-average remaining lease term (in years)

7

8

Weighted-average discount rate

5.25%

5.25%

Future Minimum Lease Payments

Year Ending June 30,

Operating Lease

Finance Lease

2027

$

380,000

$

11,880

2028

380,000

11,880

2029

397,000

-

2030

397,000

-

2031

397,000

-

Thereafter

794,000

-

Total lease payments

2,745,000

23,760

Present value adjustment

(455,845)

(1,811)

Total lease liabilities

$

2,289,155

$

21,949

Additional Information of Finance Lease

Year Ended

2026

2025

Finance lease cost:

Amortization of ROU Asset

$

10,572

$

Principal payments on finance lease obligations

$

9,767

$

Interest expense

$

2,116

$

Finance lease liabilities arising from obtaining finance right-of-use asset

$

31,716

$

Weighted-average remaining lease term (in years)

2

Weighted-average discount rate

7.75%