Government Grant and Tax Credit Awards (Tables)

12 Months Ended

Jun. 30, 2025

Government Grant And Tax Credit Awards

Schedule of Effects of Government Grants

The table below summarizes the effects of government grants on the consolidated financial statements for the fiscal years ended June 30:

	2025			2024
Reduction to research and development expenses	$	(5,087,266	)	$	(2,317,987	)
Reduction to property and equipment		(591,368	)		(1,025,347	)
Total reductions due to grant reimbursements received	$	(5,678,634	)	$	(3,343,334	)