Provision for Income Taxes (Tables)

12 Months Ended

Jun. 30, 2025

Provision for Income Taxes [Abstract]

Schedule of Components of the Provision for Income Taxes

A summary of the components of the provision for income taxes for the years ended June 30, 2025 and 2024 is as follows:

	2025			2024
Current tax expense - federal	$	1,882,969		$	2,515,865
Current tax (benefit) expense - state		9,606			(3,010	)
Deferred tax benefit		(306,865	)		(1,032,981	)
Provision for income taxes	$	1,585,710		$	1,479,874

Schedule of Effective Income Tax Rates

The combined U.S. federal and state effective income tax rates of 16.3% and 20.3%, for 2025 and 2024 respectively, differed from the statutory U.S. federal income tax rate for the following reasons:

	2025			2024
U.S. federal statutory income tax rate		21.0%			21.0%
Increase (reduction) in rate resulting from:
State franchise tax, net of federal income tax benefit		0.1			—
ESOP cost versus Fair Market Value		0.5			0.1
Dividend on allocated ESOP shares		(0.6	)		(0.3	)
Stock-based compensation		(3.8	)		0.2
Foreign derived intangible income		(0.9	)		(0.8	)
Other		(0.0	)		0.1
Effective tax rate		16.3%			20.3%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to deferred tax assets and deferred tax liabilities as of June 30, 2025 and 2024 are presented as follows:

	2025		2024
Deferred tax assets:
Accrued expenses	$	171,491	$	138,158
ESOP		39,113		32,698
Property, plant and equipment - principally due to differences in depreciation methods		1,023,074		601,358
Pension Withdrawal		—		162,153
Stock-based compensation		38,568		39,724
Total deferred tax assets	$	1,272,246	$	974,091
Deferred tax liability:
Inventory - effect of uniform capitalization		25,477		33,817
Prepaid expenses		44,750		45,120
Total deferred tax liability	$	70,227	$	78,937
Net deferred tax asset (liability)	$	1,202,019	$	895,154