v3.26.3
Acquisition (Tables)
12 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Assets and Liabilities Acquisition

The following is a summary of the estimated fair values of the assets acquired and liabilities assumed at the date of the acquisition:

  

      
Current and other assets  $2,162,748 
Property and equipment   483,036 
Total assets acquired   2,645,784 
Liabilities assumed (excluding debt - see Note 10)   (2,846,489)
Net assets acquired  $(200,705)
      
Purchase price  $7,533,080 
      
Trade name  $940,000 
Accreditation   1,730,000 
Course Curriculum   146,000 
Goodwill   4,917,785 
Total excess purchase price  $7,733,785 
Schedule of Acquired Accounts Receivable Balances

In connection with the CCMCC acquisition, the Company acquired the following accounts receivable balances:

   

  

December 18,

2024

 
Gross accounts receivable  $2,178,131 
Allowance for credit losses   (44,280)
Net accounts receivable acquired  $2,133,851 
Schedule of Revenue and Net Income from Subsidiary

Following are the supplemental consolidated financial results of the Company and CCMCC on an unaudited pro forma basis, as if the acquisitions had been consummated as of the beginning of the fiscal year 2024 (i.e., July 1, 2023).

   

   2025   2024 
  

For the Years Ended

June 30,

 
   2025   2024 
         
Revenue  $68,180,441   $53,121,798 
Net income  $8,838,779   $5,294,148