LEASES (Tables)

3 Months Ended

Sep. 30, 2025

LEASES [Abstract]

Balance Sheet Classification

Right-of-use assets and lease liabilities by lease type, and the associated balance sheet classifications, are as follows:

	Balance Sheet Classification	September 30, 2025		June 30, 2025
Right-of-use assets:
Finance leases	Real estate assets, net	$	1,778,613	$	1,904,883
Lease liabilities:
Finance leases	Finance lease liabilities	$	2,187,455	$	2,253,875

We have included these leases in real estate assets, net as follows:

	September 30, 2025			June 30, 2025
Building, fixtures and improvements	$	2,622,675		$	2,622,675
Accumulated depreciation		(844,062	)		(717,792	)
Real estate assets, net	$	1,778,613		$	1,904,883

Components of Total Lease Cost

The components of total lease cost were as follows for the three months ended September 30, 2025 and 2024:

	Three Months Ended September 30,
	2025		2024
Finance lease cost
Right-of-use asset amortization	$	126,270	$	116,270
Interest expense		27,463		24,967
Total lease cost	$	153,733	$	141,237

Future Undiscounted Lease Payments for Finance Leases

Future undiscounted lease payments for finance leases with initial terms of one year or more are as follows:

Fiscal Year Ending June 30, :	Finance Leases
2026 (remainder)	$	284,914
2027		388,783
2028		399,268
2029		563,133
2030		504,940
Thereafter		406,425
Total undiscounted lease payments		2,547,463
Less: Imputed interest		(360,008	)
Net lease liabilities	$	2,187,455

Supplemental Finance Lease Information

Supplemental Lease Information

	September 30, 2025			June 30, 2025
Finance lease weighted average remaining lease term (years)	5.07 years			5.32 years
Finance lease weighted average discount rate		5.0	%		5.0	%
Cash paid for amounts included in the measurement of lease liabilities
Financing cash flows from finance leases	$	66,420		$	234,109
Right-of-use assets obtained in exchange for new finance lease liabilities	$	-		$	600,000