| SCHEDULE OF DISAGGREGATED REVENUE BY CATEGORY |
The
Company’s disaggregated revenue by category is as follows:
SCHEDULE OF DISAGGREGATED REVENUE BY CATEGORY
| |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
| |
|
For the Three Months
Ended March 31,
|
|
|
For the Nine Months
Ended March 31,
|
|
| |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
| Core: |
|
|
|
|
|
|
|
|
|
|
|
|
| License |
|
$ |
4,728,411 |
|
|
$ |
1,198 |
|
|
$ |
4,918,118 |
|
|
$ |
75,115 |
|
| Subscription and support |
|
|
8,810,115 |
|
|
|
7,888,360 |
|
|
|
26,850,453 |
|
|
|
24,723,460 |
|
| Services |
|
|
5,609,362 |
|
|
|
8,778,454 |
|
|
|
19,498,701 |
|
|
|
20,195,414 |
|
| Total core revenue, net |
|
|
19,147,888 |
|
|
|
16,668,012 |
|
|
|
51,267,272 |
|
|
|
44,993,989 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-Core: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Services |
|
|
684,755 |
|
|
|
875,945 |
|
|
|
2,385,772 |
|
|
|
2,685,127 |
|
| Total non-core revenue, net |
|
|
684,755 |
|
|
|
875,945 |
|
|
|
2,385,772 |
|
|
|
2,685,127 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total net revenue |
|
$ |
19,832,643 |
|
|
$ |
17,543,957 |
|
|
$ |
53,653,044 |
|
|
$ |
47,679,116 |
|
|
| SCHEDULE OF REVENUES IN EXCESS OF BILLINGS AND UNEARNED REVENUE |
The
Company’s revenues in excess of billings and unearned revenue are as follows:
SCHEDULE OF REVENUES IN EXCESS OF BILLINGS AND UNEARNED REVENUE
| |
|
As
of |
|
|
As
of |
|
| |
|
March
31, 2026 |
|
|
June
30, 2025 |
|
| |
|
|
|
|
|
|
|
|
| Revenues
in excess of billings |
|
$ |
20,987,805 |
|
|
$ |
19,134,385 |
|
| |
|
|
|
|
|
|
|
|
| Unearned
revenue |
|
$ |
10,184,195 |
|
|
$ |
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 |
|
|
30,142,397 |
|
| Revenue Recognized |
|
|
(22,858,713 |
) |
| Adjustments |
|
|
(129,339 |
) |
| Balance at March 31, 2026 |
|
$ |
10,184,195 |
|
|