SCHEDULE OF DISAGGREGATED REVENUE BY CATEGORY |
The
Company’s disaggregated revenue by category is as follows:
SCHEDULE
OF DISAGGREGATED REVENUE BY CATEGORY
|
|
2023 |
|
|
2022 |
|
|
|
For the Three Months
Ended September 30, |
|
|
|
2023 |
|
|
2022 |
|
Core: |
|
|
|
|
|
|
License |
|
$ |
1,280,449 |
|
|
$ |
249,960 |
|
Subscription and support |
|
|
6,512,243 |
|
|
|
6,016,834 |
|
Services |
|
|
4,974,554 |
|
|
|
5,421,366 |
|
Total core revenue, net |
|
|
12,767,246 |
|
|
|
11,688,160 |
|
|
|
|
|
|
|
|
|
|
Non-Core: |
|
|
|
|
|
|
|
|
Services |
|
|
1,474,935 |
|
|
|
1,017,959 |
|
Total non-core revenue, net |
|
|
1,474,935 |
|
|
|
1,017,959 |
|
|
|
|
|
|
|
|
|
|
Total net revenue |
|
$ |
14,242,181 |
|
|
$ |
12,706,119 |
|
|
SCHEDULE OF REVENUES IN EXCESS OF BILLINGS AND DEFERRED REVENUE |
The
Company’s revenues in excess of billings and unearned revenue are as follows:
SCHEDULE
OF REVENUES IN EXCESS OF BILLINGS AND DEFERRED REVENUE
|
|
As of |
|
|
As of |
|
|
|
September 30, 2023 |
|
|
June 30, 2023 |
|
|
|
|
|
|
|
|
Revenues in excess of billings |
|
$ |
13,733,160 |
|
|
$ |
12,377,677 |
|
|
|
|
|
|
|
|
|
|
Unearned revenue |
|
$ |
5,170,335 |
|
|
$ |
7,932,306 |
|
|
SCHEDULE OF UNEARNED REVENUE RECONCILIATION |
The
Company’s unearned revenue reconciliation is as follows:
SCHEDULE
OF UNEARNED REVENUE RECONCILIATION
|
|
Unearned Revenue |
|
Balance at June 30, 2023 |
|
$ |
7,932,306 |
|
Invoiced |
|
|
3,266,924 |
|
Revenue Recognized |
|
|
(5,876,193 |
) |
Adjustments |
|
|
(152,702 |
) |
Balance at September 30, 2023 |
|
$ |
5,170,335 |
|
|