Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

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Revenue Recognition (Tables)
 6 Months Ended
Dec. 31, 2018
Revenue Recognition and Deferred Revenue [Abstract]  
Schedule of Disaggregated Revenue by Category

The Company’s disaggregated revenue by category is as follows:

 

    For the Three Months     For the Six Months  
    Ended December 31,     Ended December 31,  
    2018     2017     2018     2017  
                         
Core:                                
License   $ 4,817,569     $ 235,932     $ 10,773,682     $ 561,998  
Maintenance     3,534,693       3,568,448       7,173,020       7,042,173  
Services     6,801,466       7,729,553       11,771,739       13,687,819  
License - related party     -       217,105       -       261,513  
Maintenance fees - related party     127,030       101,251       228,379       204,214  
Services - related party     241,647       319,401       422,244       939,950  
Total core revenue, net     15,522,405       12,171,690       30,369,064       22,697,667  
                                 
Non-Core:                                
Services     1,435,868       1,357,638       2,884,229       2,417,109  
Services - related party     44,354       917,107       145,879       2,150,435  
Total non-core revenue, net     1,480,222       2,274,745       3,030,108       4,567,544  
                                 
Total net revenue   $ 17,002,627     $ 14,446,435     $ 33,399,172     $ 27,265,211  

 
Schedule of Revenues in Excess of Billings and Deferred Revenue

The Company’s revenues in excess of billings and deferred revenue are as follows:

 

    As of     As of  
    December 31, 2018     July 1, 2018  
             
Revenues in excess of billings   $ 13,832,654     $ 6,956,966  
                 
Deferred Revenue   $ 4,705,302     $ 6,167,755