CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Dec. 31, 2023	Jun. 30, 2023
CURRENT ASSETS
Cash and Cash Equivalents	$ 250,065	$ 11,295
Trade Receivables, Net of Allowance for Doubtful Accounts of $1,896	216,198	253,900
Inventories:
Finished Goods	73,313	393,898
Goods in Process	17,045	9,156
Raw Materials	139,357	131,549
Packaging Materials	206,172	269,028
Prepaid Expenses	19,876	21,884
Total Current Assets	922,026	1,090,710
PROPERTY AND EQUIPMENT
Land	35,000	35,000
Buildings	77,348	77,348
Machinery and Equipment	866,976	886,341
Trucks and Autos	170,378	170,378
Office Equipment	33,025	33,025
Leasehold Improvements	72,068	72,068
Total	1,254,795	1,274,160
Less: Accumulated Depreciation	(1,078,341)	(1,076,030)
Total Property and Equipment, Net	176,454	198,130
Right of Use Asset	389,940	413,595
Total Long-Term Assets	566,394	611,725
Total Assets	1,488,420	1,702,435
CURRENT LIABILITIES
Accounts Payable	49,815	100,754
Current Maturities of Notes Payable	12,581	222,400
Current Maturities of Lease Liability	43,585	41,724
Accrued Expenses	20,546	31,996
Refund Liability Owed to Customers	36,300	10,000
Deferred Income	1,299	1,299
Total Current Liabilities	164,126	408,173
LONG-TERM LIABILITIES
Notes Payable, Less Current Maturities	25,143	31,491
Lease Liability, Less Current Maturities	339,855	365,371
Deferred Income	323	972
Deferred Income Taxes	18,213
Total Long-Term Liabilities	383,534	397,834
Total Liabilities	547,660	806,007
COMMITMENTS AND CONTINGENCIES (NOTE 7)
Capital Stock Issued and Outstanding:
Common Stock, $1 Par Value	969,834	969,834
Paid-In Capital in Excess of Par	3,134,722	3,134,722
Accumulated Deficit	(5,525,236)	(5,569,568)
Total Stockholders' Equity	940,760	896,428
Total Liabilities and Stockholders' Equity	1,488,420	1,702,435
Prior Cumulative Preferred Stock - Series A
Capital Stock Issued and Outstanding:
Preferred stock, value	500,000	500,000
Prior Cumulative Preferred Stock - Series B
Capital Stock Issued and Outstanding:
Preferred stock, value	500,000	500,000
Cumulative Preferred Stock - Series A
Capital Stock Issued and Outstanding:
Preferred stock, value	1,170,660	1,170,660
Cumulative Preferred Stock - Series B
Capital Stock Issued and Outstanding:
Preferred stock, value	$ 190,780	$ 190,780

CHASE GENERAL CORP 10-Q