Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

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Revenue Recognition (Tables)
 3 Months Ended
Sep. 30, 2019
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,  
    2019     2018  
             
Core:                
License   $ 2,679,145     $ 5,956,113  
Maintenance     4,391,447       3,739,676  
Services     4,626,269       4,988,025  
Services - related party     82,933       162,845  
Total core revenue, net     11,779,794       14,846,659  
                 
Non-Core:                
Services     1,792,622       1,482,600  
Services - related party     -       67,286  
Total non-core revenue, net     1,792,622       1,549,886  
                 
Total net revenue   $ 13,572,416     $ 16,396,545  

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, 2019     June 30, 2019  
             
Revenues in excess of billings   $ 17,640,189     $ 16,111,366  
                 
Deferred Revenue   $ 4,424,652     $ 5,977,736