v3.26.3
Consolidated Balance Sheets - USD ($)
Sep. 30, 2026
Jun. 30, 2026
 [1]
Current assets    
Cash and cash equivalents $ 21,650,077 $ 22,731,159
Accounts receivable, net of $2,258,184 and $1,994,492 allowance for doubtful accounts as of September 30, 2026 and June 30, 2026, respectively 21,625,580 19,861,938
Prepaid expenses 3,176,595 2,139,614
Other receivables 1,310,365 1,075,269
Total current assets 47,762,617 45,807,980
Property and equipment, net 3,236,927 3,224,839
Operating lease right-of-use asset 21,315,135 14,988,329
Financing lease right-of-use asset 269,205 277,706
Intangible assets 3,833,513 3,838,416
Goodwill 6,846,911 6,846,911
Accounts receivable, long-term 2,197,378 2,153,680
Deferred income tax assets 730,568 730,933
Security deposits 750,092 680,955
Total assets 86,942,346 78,549,749
Current liabilities    
Accounts payable and accrued liabilities 5,761,194 4,998,992
Accrued income tax payable 335,126 380,666
Deferred, unearned tuition 4,910,842 4,783,947
Other current liabilities 3,197 3,197
Current portion of debt 46,070 53,351
Debt owed, related party 50,000 50,000
Current portion of financing lease 73,539 71,509
Current portion of operating lease liability 2,570,725 2,023,088
Total current liabilities 13,750,693 12,364,750
Debt, net of current portion 18,842 27,025
Financing lease, net of current portion 79,912
Operating lease liability, net of current portion 19,136,753 13,312,606
Total liabilities 32,906,288 25,784,293
Commitments and contingencies
Stockholders’ equity    
Preferred stock: $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding
Common stock: $0.001 par value, 100,000,000 shares authorized, 12,813,821 and 12,797,221 shares issued and outstanding as of September 30, 2026 and June 30, 2026, respectively 12,814 12,797
Additional paid in capital 30,257,349 29,855,474
Retained earnings 23,765,895 22,897,185
Total stockholders’ equity 54,036,058 52,765,456
Total liabilities and stockholders’ equity $ 86,942,346 $ 78,549,749
[1] Derived from audited information