v3.26.3
Restructuring Costs (Tables)
12 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Summary of Restructuring Costs

Included in total restructuring costs are the following expenses:

 

Twelve Months Ended
June 30, 2026

 

Employee termination costs

 

$

1,411,955

 

Impairment of right-of-use asset

 

 

47,608

 

Other restructuring costs

 

 

437,994

 

Refundable credits on contract terminations

 

 

(618,971

)

Total restructuring costs

 

$

1,278,586

 

Summary of Restructuring Reserves

Restructuring reserves included in accrued expenses and other current liabilities on the consolidated balance sheet are as follows:

 

Restructuring
Costs

 

Restructuring liability at June 30, 2025

 

$

-

 

Restructuring costs

 

 

1,278,586

 

Restructuring payments

 

 

(1,220,255

)

Restructuring liability at June 30, 2026

 

$

58,331