| 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 |
|
|