Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

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Revenue Recognition (Tables)
3 Months Ended
Sep. 30, 2018
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 September 30,  
    2018     2017  
Core:                
License   $ 5,956,113     $ 326,066  
Maintenance     3,638,327       3,473,725  
Services     4,970,273       5,958,266  
License - related party     -       44,408  
Maintenance fees - related party     101,349       102,963  
Services - related party     180,597       620,549  
Total core revenue, net     14,846,659       10,525,977  
                 
Non-Core:                
Services     1,448,361       1,059,471  
Services - related party     101,525       1,233,328  
Total non-core revenue, net     1,549,886       2,292,799  
                 
Total net revenue   $ 16,396,545     $ 12,818,776

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  
    September 30, 2018     July 1, 2018  
             
Revenues in excess of billings   $ 13,335,529     $ 6,956,966  
                 
Deferred Revenue   $ 4,913,731     $ 6,167,755