XML 39 R29.htm IDEA: XBRL DOCUMENT v3.22.2.2
Leases (Tables)
3 Months Ended
Sep. 30, 2022
Leases  
Lease Costs

 

 

Three Months Ended September 30,

 

 

 

2022

 

 

2021

 

Operating lease cost

 

$231,501

 

 

$172,230

 

Finance lease cost:

 

 

 

 

 

 

 

 

Depreciation of lease assets

 

 

34,111

 

 

 

47,354

 

Interest on lease liabilities

 

 

2,683

 

 

 

6,432

 

Total finance lease cost

 

 

36,794

 

 

 

53,786

 

Total lease cost

 

$268,295

 

 

$226,016

 

Supplement Balance Sheet Classification Information

 

 

Classification

 

September 30, 2022

 

 

June 30, 2022

 

Assets:

 

 

 

 

 

 

 

 

Operating lease assets

 

Operating lease assets

 

$10,095,366

 

 

$10,420,604

 

Finance lease assets

 

Property and equipment, net(1)

 

 

28,783

 

 

 

61,566

 

Total lease assets

 

 

 

$10,124,149

 

 

$10,482,170

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

 

 

Operating leases

 

Operating lease liabilities, current

 

$960,331

 

 

$965,622

 

Finance leases

 

Finance lease liabilities, current

 

 

21,638

 

 

 

55,348

 

 

 

 

 

 

 

 

 

 

 

 

Noncurrent:

 

 

 

 

 

 

 

 

 

 

Operating leases

 

Operating lease liabilities, less current portion

 

 

9,114,599

 

 

 

9,478,077

 

Finance leases

 

Finance lease liabilities, less current portion

 

 

8,085

 

 

 

11,454

 

Total lease liabilities

 

 

 

$10,104,653

 

 

$10,510,501

 

Lease Term And Discount Rate

Lease Term and Discount Rate

 

September 30, 2022

 

Weighted Average Remaining Lease Term (in years)

 

Operating leases

 

 

9.9

 

Finance leases

 

 

1.1

 

 

 

 

 

 

Weighted Average Discount Rate

 

 

 

 

Operating leases

 

 

2.9%

Finance leases

 

 

7.1%
Supplemental Lease Information

 

 

 Three Months Ended September 30,

 

 

 

2022

 

 

2021

 

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

 

 

 

 

 

 

Operating cash used for operating leases

 

$268,580

 

 

$224,402

 

Operating cash used for finance leases

 

$2,683

 

 

$6,432

 

Financing cash used for finance leases

 

$37,079

 

 

$73,891

 

Future Maturities Of Lease Liabilities

Fiscal year ending:

 

Finance Leases

 

 

Operating Leases

 

June 30, 2023 (remaining nine months)

 

 

19,886

 

 

$523,109

 

June 30, 2024

 

 

11,811

 

 

 

1,103,955

 

June 30, 2025

 

 

 

 

 

1,206,658

 

June 30, 2026

 

 

 

 

 

1,178,872

 

June 30, 2027

 

 

 

 

 

1,151,769

 

Thereafter

 

 

 

 

 

6,874,560

 

Total future minimum payments

 

 

31,697

 

 

 

12,038,923

 

   Less imputed interest

 

 

(1,974)

 

 

(1,963,993)

Present value of lease liabilities

 

$29,723

 

 

$10,074,930