Description Of Business And Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2024

Description Of Business And Summary Of Significant Accounting Policies [Abstract]

Effect of Revision of Financial Statements

		As of June 30, 2023
		As Previously Reported		Revision		As Revised
Consolidated Balance Sheet:
Prepaid expenses and other current assets	$	284,622	$	717,892	$	1,002,514
Total current assets		28,380,967		717,892		29,098,859
Total assets		38,370,805		717,892		39,088,697
Accrued liabilities		970,530		371,509		1,342,039
Total current liabilities		2,011,817		371,509		2,383,326
Total liabilities		6,909,910		371,509		7,281,419
Retained earnings		18,300,728		346,383		18,647,111
Total stockholders' equity	$	31,460,895	$	346,383	$	31,807,278

‎

		Year Ended June 30, 2023
		As Previously Reported		Revision		As Revised
Consolidated Statement of Operations:
Selling, general and administrative expenses	$	29,358,466	$	(16,832)	$	29,341,634
(Loss) from operations		(24,901,052)		16,832		(24,884,220)
Income before income tax provision		8,619,757		16,832		8,636,589
Net income	$	8,302,380	$	16,832	$	8,319,212
Income per common share:
Basic	$	0.90			$	0.90
Diluted	$	0.85			$	0.85

		Year Ended June 30, 2023
		As Previously Reported		Revision		As Revised
Consolidated Statement of Cash Flows:
Net income	$	8,302,380	$	16,832	$	8,319,212
Prepaid expenses and other current assets		(96,144)		(34,885)		(131,029)
Accrued liabilities		410,174		18,053		428,227
Net cash provided by operating activities	$	10,735,649	$	-	$	10,735,649

The effect of this revision on the opening balances within the Company's Consolidated Statement of Stockholders' Equity for the years ended June 30, 2023 and 2022 was as follows:

		As Previously Reported		Revision		As Revised
Retained earnings, June 30, 2022	$	9,998,348	$	329,551	$	10,327,899
Total stockholders' equity, June 30, 2022		22,697,489		329,551		23,027,040
Retained earnings, June 30, 2023		18,300,728		346,383		18,647,111
Total stockholders' equity, June 30, 2023	$	31,460,895	$	346,383	$	31,807,278