Lease Commitments (Tables)
|
12 Months Ended |
Jun. 30, 2026 |
|---|
| Commitments and Contingencies Disclosure [Abstract] |
|
| Schedule of Future Minimum Finance Lease Payments |
The
present value of future minimum lease payments due at June 30, 2026 was as follows:
Schedule
of Future Minimum Finance Lease Payments
| | |
| | |
| 2027 | |
$ | 81,459 | |
| 2028 | |
| 81,459 | |
| Total minimum payments | |
| 162,918 | |
| Less: amount representing interest | |
| (11,497 | ) |
| Present value of minimum payments | |
$ | 151,421 | |
| Less: current portion | |
| (71,509 | ) |
| Long term portion | |
$ | 79,912 | |
|
| Schedule of Future Minimum Operating Lease Payments |
The
present value of future minimum lease payments due at June 30, 2026 was as follows:
Schedule
of Future Minimum Operating Lease Payments
| | |
| | |
| 2027 | |
$ | 2,875,935 | |
| 2028 | |
| 2,820,732 | |
| 2029 | |
| 2,646,097 | |
| 2030 | |
| 2,638,935 | |
| 2031 | |
| 2,446,530 | |
| After 2031 | |
| 5,959,981 | |
| Total future minimum operating lease payments | |
| 19,388,210 | |
| Less: imputed interest | |
| (4,052,516 | ) |
| Total | |
| 15,335,694 | |
| Current portion of operating lease | |
| 2,023,088 | |
| Long term portion of operating lease | |
$ | 13,312,606 | |
|
| Schedule of Balance Sheet Information Related to Leases |
Supplemental
balance sheet information related to leases was as follows:
Schedule
of Balance Sheet Information Related to Leases
| | |
June 30, 2026 | | |
June 30, 2025 | |
| | |
| | |
| |
| Operating lease right-of-use assets | |
$ | 14,988,329 | | |
$ | 15,781,177 | |
| Operating lease liability - current | |
$ | 2,023,088 | | |
$ | 2,306,061 | |
| Operating lease liability – non-current | |
| 13,312,606 | | |
| 13,748,161 | |
| Total operating lease liability | |
$ | 15,335,694 | | |
$ | 16,054,222 | |
|
| Schedule of Other supplemental Information |
Other
supplemental information:
Schedule
of Other supplemental Information
| | |
2026 | | |
2025 | |
| | |
For the years ended June 30, | |
| | |
2026 | | |
2025 | |
| Cash paid for operating lease | |
$ | 4,154,664 | | |
$ | 2,998,952 | |
|