Inventories |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventory Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventories | Note 7 – Inventories
As of June 30, 2026 and 2025, inventories consisting of finished goods ready for sale were as follows:
On June 30, 2026, the Company entered into an agreement with GPM to transfer $2,007,367 of inventories in exchange for assumption of the same amount of accounts payable.
For the year ended June 30, 2026 and 2025, the Company recorded inventory reserve expense of $(28,210) and $(335,358), respectively. As of June 30, 2026 and 2025, allowance for obsolescence was $284,258 and $312,468, respectively.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||