Annual report pursuant to Section 13 and 15(d)

REVENUE RECOGNITION (Tables)

v3.22.2.2
REVENUE RECOGNITION (Tables)
12 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF DISAGGREGATED REVENUE BY CATEGORY

The Company’s disaggregated revenue by category is as follows:

 

                 
    For the Years  
    Ended June 30,  
    2022     2021  
Core:            
License   $ 4,539,260     $ 6,249,924  
Subscription and support     28,284,759       22,173,745  
Services     19,519,508       20,139,320  
Services - related party     -       48,775  
Total core revenue, net     52,343,527       48,611,764  
                 
Non-Core:                
Services     4,904,452       6,308,851  
Total non-core revenue, net     4,904,452       6,308,851  
                 
Total net revenue   $ 57,247,979     $ 54,920,615  
SCHEDULE OF REVENUES IN EXCESS OF BILLINGS AND DEFERRED REVENUE

The Company’s revenues in excess of billings and unearned revenue are as follows:

                 
    As of     As of  
    June 30, 2022     June 30, 2021  
             
Revenues in excess of billings   $ 15,425,377     $ 15,637,734  
                 
Unearned revenue   $ 4,901,562     $ 4,556,626