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CREDIT FACILITIES (Tables)
 12 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
The initial allocation of the debt and debt issuance costs at Closing Date were as follows:
Principal balance$76,500,000 
Fair value of warrants$(2,433,000)
Original issue discount$(1,500,000)
Debt issuance costs$(5,287,000)
Outstanding balance, net$67,280,000 
Current portion$(1,538,000)
Long-term portion$65,742,000 

The initial allocation of the debt and debt issuance costs at June 30, 2022, were as follows:

Principal balance$75,544,000 
Debt issuance costs$(8,425,000)
Outstanding balance, net$67,119,000 
Current portion$(1,538,000)
Long-term portion$65,581,000 
Schedule of Maturities of Long-Term Debt
The payments of principal to be made are as follows:

FY 2023$3,825,000 
20243,825,000 
20253,825,000 
202664,069,000 
$75,544,000