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Subsequent Events
6 Months Ended
Dec. 31, 2024
Subsequent Events [Abstract]  
Subsequent Events

Note 16 – Subsequent Events

 

A total of 7,445 stock options were exercised in February 2025 at $3.74 per share.

 

On February 1, 2025 the Company entered into a lease extension agreement with a lessor for a property located in Temecula, CA under which a lease originally entered into in January 2018 and expiring in January 2026 was extended for a further two (2) years, expiring on January 31, 2028. Under the terms of lease extension agreement, the Company will pay base rent of a cumulative $46,004 commencing February 1, 2026 and $47,155 commencing February 1, 2027 and shall receive and abatement for each of months 12 and 14 of the term. The lease may be further extended for up to three (3) additional 12-month terms no later than 12 months prior to the lease expiration. All other terms and conditions of he original lease remain in effect during the extension term.