Investment Securities (Tables)

9 Months Ended

Mar. 31, 2024

Investment Securities [Abstract]

Schedule of Classifies Investment Securities as Available-for-Sale

The cost, gross unrealized gains, gross unrealized losses and fair value of available-for-sale debt securities by major security type at March 31, 2024 and June 30, 2023 are as follows:

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
March 31, 2024
Certificates of deposit	$	14,351,000	$	—	$	—		$	14,351,000
Municipal bonds	$	485,334	$	3,555	$	(3,145	)	$	485,744
U.S. Treasury Bills	$	725,635	$	6,225	$	(130	)	$	731,730
Total investment securities	$	15,561,969	$	9,780	$	(3,275	)	$	15,568,474
June 30, 2023
Certificates of deposit	$	11,280,000	$	—	$	—		$	11,280,000
Municipal bonds	$	260,475	$	165	$	(7,843	)	$	252,797
U.S. Treasury Bills	$	430,952	$	1,225	$	(301	)	$	431,876
Total investment securities	$	11,971,427	$	1,390	$	(8,144	)	$	11,964,673

Schedule of Contractual Maturities of Available-for-Sale Debt Securities

As of March 31, 2024 and June 30, 2023, the remaining contractual maturities of available-for-sale debt securities were as follows:

	Years to Maturity
	Less than		One to
	One Year		Five Years		Total
March 31, 2024
Available-for-sale	$	15,037,831	$	530,643	$	15,568,474
June 30, 2023
Available-for-sale	$	11,711,876	$	252,797	$	11,964,673