v3.26.3
Income Tax (Tables)
 12 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit)

The components of income tax expense (benefit) are as follows:

 

   June 30, 2026   June 30, 2025 
Current:        
Federal  $2,440,385   $1,935,372 
State   

1,437,540

    1,050,770 
Current income tax expense   

3,877,925

    2,986,142 
Deferred:          
Federal   

(204,258

)   403,941 
State   

(131,129

)   98,514 
Deferred income tax expense   

(335,387

)   502,455 
Total income tax expense  $

3,542,538

   $3,488,597 
Schedule of Federal Income Tax Expense

Income tax expense differed from the amount computed using the U.S. federal income tax rate of 21% for June 30, 2026 and 2025 as follows:

 

   June 30, 2026   June 30, 2025 
Statutory U.S. federal income tax  $

2,663,224

   $2,314,794 
Non-deductible items   

93,708

    (123,961)
Change in deferred items   

-

    417,037 
Provision to return   

(100,295

)   - 
State income taxes, net of federal benefit   

916,825

    769,790 
Other   

(30,924

)   110,937 
Income tax expense  $

3,542,538

   $3,488,597 
Schedule of Deferred Income Tax Assets and Liabilities

Significant components of the Company’s deferred income tax assets included in deferred income taxes, non-current on the balance sheets are as follows:

 

   June 30, 2026   June 30, 2025 
Deferred tax assets:          
Lease liability and deferred rent  $

4,291,479

   $4,492,549 
Allowance for doubtful accounts   

558,131

    503,900 
Accrued bonuses and vacation   

589,547

    582,994 
Non-cash compensation   

643,308

    109,633 
Deferred tax assets gross   

6,082,465

    5,689,076 
Valuation allowance   

-

    - 
Deferred tax assets   

6,082,465

    5,689,076 
          
Deferred tax liability:          
Right of use asset   

(4,271,986

)   (4,503,369)
Property and equipment and intangible assets   

(1,079,546

)   (790,161)
Deferred tax liability   

(5,351,532

)   (5,293,530)
           
Net deferred tax asset  $

730,933

   $395,546