v3.26.3
Accrued Liabilities and Acquisition Payable
 3 Months Ended
Sep. 30, 2026
Accrued Liabilities and Acquisition Payable  
Accrued Liabilities and Acquisition Payable

Note 8. Accrued Liabilities and Acquisition Payable 

 

Accrued liabilities consist of the following:

 

 

 

September 30,

2026

 

 

June 30,

2026

 

Accrued professional fees

 

$717,064

 

 

$353,815

 

Accrued sales tax

 

 

2,988

 

 

 

3,620

 

Accrued services

 

 

1,216,695

 

 

 

1,314,213

 

Other accrued liabilities

 

 

8,961

 

 

 

3,873

 

Accrued liabilities 

 

$1,945,708

 

 

$1,675,521

 

 

Acquisition payable consists of the following:

 

 

 

September 30,

2026

 

 

June 30,

2026

 

Payable accrued related to the acquisition of Cygnet

 

$-

 

 

$260,652

 

Acquisition payable

 

$-

 

 

$260,652

 

 

During the three months ended September 30, 2026, the Company reclassified the $260,652 payable related to the acquisition of Cygnet from Acquisition payable to Long-term contingent liabilities in the Condensed Consolidated Balance Sheets. The June 30, 2026 balance retains its previously reported classification within current liabilities. See Note 17 Commitments and Contingencies, for additional information.