v3.26.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Jun. 30, 2025
 [1]
Current assets    
Cash and cash equivalents $ 21,681,064 $ 20,316,357
Accounts receivable, net of $2,654,820 and $1,641,052 allowance for doubtful accounts as of March 31, 2026 and June 30, 2025, respectively 19,187,619 15,050,841
Prepaid expenses 2,473,842 1,383,405
Other receivables 626,284 302,424
Total current assets 43,968,809 37,053,027
Property and equipment, net 3,097,656 2,484,304
Operating lease right-of-use asset 14,394,889 15,781,177
Financing lease right-of-use asset 286,207 311,711
Intangible assets 3,843,319 3,858,027
Goodwill 6,846,911 6,852,076
Accounts receivable, long-term 2,111,840 1,966,137
Deferred income tax assets 395,546 395,546
Security deposits 514,671 503,133
Total assets 75,459,848 69,205,138
Current liabilities    
Accounts payable and accrued liabilities 4,023,718 4,929,530
Accrued income tax payable 776,854 596,250
Deferred, unearned tuition 5,612,857 4,956,396
Other current liabilities 4,749 3,197
Current portion of debt 558,772 875,350
Debt owed, related party 50,000 50,000
Current portion of financing lease 69,555 63,989
Current portion of operating lease liability 1,992,419 2,306,061
Total current liabilities 13,088,924 13,780,773
Debt, net of current portion 36,711 481,264
Financing lease, net of current portion 77,728 151,420
Other liabilities
Operating lease liability, net of current portion 12,738,525 13,748,161
Total liabilities 25,941,888 28,161,618
Commitments and contingencies
Stockholders’ equity    
Preferred stock: $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding
Common stock: $0.001 par value, 100,000,000 shares authorized, 12,636,605 and 12,452,670 shares issued and outstanding as of March 31, 2026, and June 30, 2025, respectively 12,636 12,453
Additional paid in capital 28,488,665 27,273,365
Retained earnings 21,016,659 13,757,702
Total stockholders’ equity 49,517,960 41,043,520
Total liabilities and stockholders’ equity $ 75,459,848 $ 69,205,138
[1] Derived from audited information

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