| SCHEDULE OF DISAGGREGATED REVENUE BY CATEGORY |
The
Company’s disaggregated revenue by category is as follows:
SCHEDULE OF DISAGGREGATED REVENUE BY CATEGORY
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| |
|
For the Three Months |
|
|
For the Nine Months |
|
| |
|
Ended
March 31, |
|
|
Ended
March 31, |
|
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| Core: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| License |
|
$ |
1,198 |
|
|
$ |
558,340 |
|
|
$ |
75,115 |
|
|
$ |
4,829,242 |
|
| Subscription and support |
|
|
7,888,360 |
|
|
|
7,140,358 |
|
|
|
24,723,460 |
|
|
|
20,480,382 |
|
| Services |
|
|
8,265,745 |
|
|
|
6,477,849 |
|
|
|
19,664,970 |
|
|
|
15,566,480 |
|
| Total core revenue, net |
|
|
16,155,303 |
|
|
|
14,176,547 |
|
|
|
44,463,545 |
|
|
|
40,876,104 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-Core: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Services |
|
|
1,388,654 |
|
|
|
1,287,969 |
|
|
|
3,215,571 |
|
|
|
4,068,534 |
|
| Total non-core revenue, net |
|
|
1,388,654 |
|
|
|
1,287,969 |
|
|
|
3,215,571 |
|
|
|
4,068,534 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total net revenue |
|
$ |
17,543,957 |
|
|
$ |
15,464,516 |
|
|
$ |
47,679,116 |
|
|
$ |
44,944,638 |
|
|
| 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 |
|
| |
|
March
31, 2025 |
|
|
June
30, 2024 |
|
| |
|
|
|
|
|
|
| Revenues
in excess of billings |
|
$ |
15,424,896 |
|
|
$ |
13,638,547 |
|
| |
|
|
|
|
|
|
|
|
| Unearned
revenue |
|
$ |
2,705,414 |
|
|
$ |
8,752,153 |
|
|
| 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, 2024 |
|
$ |
8,752,153 |
|
| Invoiced |
|
|
16,253,159 |
|
| Revenue
Recognized |
|
|
(22,215,692 |
) |
| Adjustments |
|
|
(84,206 |
) |
| Balance
at March 31, 2025 |
|
$ |
2,705,414 |
|
|