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Leases (Table)
12 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Lease Expense

Year Ended

2022

2021

Operating lease cost

$

380,000

$

380,000

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

(380,000)

$

(380,000)

Weighted-average remaining lease term (in years)

11

7

Weighted-average discount rate

5.25%

4.25%

Future Minimum Lease Payments

Year Ending June 30,

2023

$

380,000

2024

380,000

2025

380,000

2026

380,000

2027

380,000

Thereafter

2,365,000

Total lease payments

4,265,000

Present value adjustment

(1,017,275)

Total lease liabilities

$

3,247,725