Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.19.1
Revenue Recognition (Tables)
 9 Months Ended
Mar. 31, 2019
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 Ended March 31,     For the Nine Months Ended March 31,  
    2019     2018     2019     2018  
                         
Core:                                
License   $ 2,536,320     $ 2,648,870     $ 13,310,002     $ 3,210,868  
Maintenance     3,562,412       3,659,998       10,735,432       10,702,171  
Services     9,069,468       7,810,118       20,841,207       21,497,937  
License - related party     -       -       -       261,513  
Maintenance fees - related party     142,344       105,325       370,723       309,539  
Services - related party     236,422       349,637       658,666       1,289,587  
Total core revenue, net     15,546,966       14,573,948       45,916,030       37,271,615  
                                 
Non-Core:                                
Services     1,449,751       1,535,092       4,333,980       3,952,201  
Services - related party     130,338       934,780       276,217       3,085,215  
Total non-core revenue, net     1,580,089       2,469,872       4,610,197       7,037,416  
                                 
Total net revenue   $ 17,127,055     $ 17,043,820     $ 50,526,227     $ 44,309,031  

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  
    March 31, 2019     July 1, 2018  
             
Revenues in excess of billings   $ 13,381,205     $ 6,956,966  
                 
Deferred Revenue   $ 6,241,741     $ 6,167,755