Leases (Tables)

6 Months Ended

Dec. 31, 2022

Leases

Schedule of leases

The following tables present information about the Company’s leases as of and for the three and six months ended December 31, 2022:

	As of
	December 31, 2022
Right-to-use assets	$	645,816
Lease liability		637,344
Weighted average remaining lease term		7.21 years
Weighted average discount rate		3.24%
	Three Months		Six Months
	Ended December 31,		Ended December 31,
	2022		2022
Operating lease costs	$	31,929	$	63,859
Short-term lease costs		9,570		19,140
Total lease costs	$	41,499	$	82,999
Cash paid for amounts included in measurement of lease liabilities	$	30,999	$	61,998

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 December 31,
	2022
Lease payments due
	$	51,759
Six 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		719,188
Discount		81,844
Lease liability	$	637,344