INVENTORIES (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2023	Jun. 30, 2022
Inventories [Abstract]
Total supplies inventory	$ 326,834	$ 326,834	$ 89,120
Total inventory	26,753,576	26,753,576	33,512,800
Short-term portion	7,476,046	7,476,046	11,024,276
Long-term portion	19,277,530	19,277,530	22,488,524
Work-in-process inventories issued to active production jobs	1,990,000	$ 1,990,000	2,760,000
Percentage of jewel inventory not mounted in finished jewelry settings		50.00%
Inventory write-down		$ 6,004,000	195,000
Finished Jewelry [Member]
Inventories [Abstract]
Raw materials	1,288,906	1,288,906	1,697,361
Work-in-process	1,223,670	1,223,670	1,260,728
Finished goods	12,772,611	12,772,611	12,100,910
Finished goods on consignment	2,039,506	2,039,506	2,135,856
Total	17,324,693	17,324,693	17,194,855
Loose Jewels [Member]
Inventories [Abstract]
Raw materials	421,603	421,603	1,985,355
Work-in-process	6,131,853	6,131,853	8,485,713
Finished goods	2,294,270	2,294,270	5,454,266
Finished goods on consignment	254,323	254,323	303,491
Total	9,102,049	9,102,049	$ 16,228,825
Non-Forever One Loose Jewels Inventory [Member]
Inventories [Abstract]
Inventory write-down	$ 5,900,000	$ 5,900,000