COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Dec. 31, 2024

COMMITMENTS AND CONTINGENCIES [Abstract]

Balance Sheet Classifications of Leases

As of December 31, 2024, the Company’s balance sheet classifications of its leases are as follows:

Operating Leases:
Noncurrent operating lease ROU assets	$	1,197,197
Current operating lease liabilities	$	916,681
Noncurrent operating lease liabilities		761,507
Total operating lease liabilities	$	1,678,188

Remaining Future Payments Under Operating Leases

As of December 31, 2024, the Company’s remaining future payments under operating leases for each fiscal year ending June 30 are as follows:

2025	$	463,251
2026		943,487
2027		317,327
Total lease payments	$	1,724,065
Less: imputed interest		45,877
Present value of lease payments		1,678,188
Less: current lease obligations		916,681
Total long-term lease obligations	$	761,507