| SCHEDULE OF DISAGGREGATED REVENUE BY CATEGORY |
The
Company’s disaggregated revenue by category is as follows:
SCHEDULE OF DISAGGREGATED REVENUE BY CATEGORY
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For the Three Months |
|
|
For the Six Months |
|
| |
|
Ended December 31, |
|
|
Ended December 31, |
|
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| Core: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| License |
|
$ |
117,482 |
|
|
$ |
72,688 |
|
|
$ |
189,707 |
|
|
$ |
73,917 |
|
| Subscription and support |
|
|
9,079,783 |
|
|
|
8,642,629 |
|
|
|
18,040,338 |
|
|
|
16,835,100 |
|
| Services |
|
|
8,794,428 |
|
|
|
5,886,331 |
|
|
|
13,889,339 |
|
|
|
11,416,960 |
|
| Total core revenue, net |
|
|
17,991,693 |
|
|
|
14,601,648 |
|
|
|
32,119,384 |
|
|
|
28,325,977 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-Core: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Services |
|
|
816,785 |
|
|
|
935,013 |
|
|
|
1,701,017 |
|
|
|
1,809,182 |
|
| Total non-core revenue, net |
|
|
816,785 |
|
|
|
935,013 |
|
|
|
1,701,017 |
|
|
|
1,809,182 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total net revenue |
|
$ |
18,808,478 |
|
|
$ |
15,536,661 |
|
|
$ |
33,820,401 |
|
|
$ |
30,135,159 |
|
|
| 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 |
|
| |
|
December 31, 2025 |
|
|
June 30, 2025 |
|
| |
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Revenues in excess of billings |
|
$ |
17,844,091 |
|
|
$ |
19,134,385 |
|
| |
|
|
|
|
|
|
|
|
| Unearned revenue |
|
$ |
2,884,757 |
|
|
$ |
3,029,850 |
|
|
| 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, 2025 |
|
$ |
3,029,850 |
|
| Invoiced |
|
|
16,376,557 |
|
| Revenue Recognized |
|
|
(16,384,671 |
) |
| Adjustments |
|
|
(136,979 |
) |
| Balance at December 31, 2025 |
|
$ |
2,884,757 |
|
|