Leases (Tables)

3 Months Ended

Sep. 30, 2022

Leases

Schedule of leases

The following tables present information about the Company’s leases as of and for the three months ended September 30, 2022:

Right-to-use assets	$	672,428
Lease liability		663,025
Weighted average remaining lease term		7.39 years
Weighted average discount rate		3.23%
	Three Months
	Ended September 30,
	2022
Operating lease costs	$	31,929
Short-term lease costs		9,750
Total lease costs	$	41,679
Cash paid for amounts included in measurement of lease liabilities		30,999

Schedule of future minimum lease payments

A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities is as follows:

	As of September 30,
	2022
Lease payments due
	$	82,758
Nine months ending June 30, 2023		125,220
Year ending June 30, 2024		105,013
Year ending June 30, 2025		103,622
Year ending June 30, 2026		99,575
Thereafter		233,999
Total		750,187
Discount		87,162
Lease liability	$	663,025