XML 79 R54.htm IDEA: XBRL DOCUMENT v3.25.3
Leases - Schedule of Components of Lease Expenses Weighted Average Remaining Lease Terms and Discount Rate (Details) - USD ($)
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Schedule of Components of Lease Expenses Weighted Average Remaining Lease Terms and Discount Rate [Abstract]      
Fixed operating lease $ 3,158,279 $ 3,158,279 $ 3,158,279
Variable operating lease (528,027) (237,779) 439,004
Total lease expense 2,630,252 2,920,500 3,597,283
Right-of-use assets-operating lease, net 1,560,385 4,587,352  
Operating lease liabilities – current 1,437,353 3,026,234  
Operating lease liabilities – non-current 1,572,994  
Total operating lease liabilities $ 1,437,353 $ 4,599,228  
Remaining lease term and discount rate:      
Weighted average remaining lease term (years) 6 months 1 year 6 months  
Weighted average discount rate 4.16% 4.16%  
Depreciation expenses $ 2,704,847 $ 2,704,848 2,704,847
Interest expenses-fixed 1,196,602 1,443,772 1,689,926
Interest expenses-variable 238,965 496,612 300,761
Total 4,140,414 4,645,232 $ 4,695,534
Right-of-use assets-financing lease, net (included in Vessels, net, see Note 4) 38,118,961 40,753,604  
Financing lease liabilities – current 3,338,390 3,256,190  
Financing lease liabilities – non-current 10,677,310 13,948,550  
Total financing lease liabilities $ 14,015,700 $ 17,204,740  
Weighted average remaining lease term (years) 3 years 4 months 2 days 4 years 4 months 2 days  
Weighted average discount rate 7.61% 7.61%