Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.20.2
Revenue Recognition (Tables)
 3 Months Ended
Sep. 30, 2020
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,  
    2020     2019  
Core:            
License   $ 3,475     $ 2,679,145  
Subscription and support     5,171,863       4,391,447  
Services     5,872,938       4,626,269  
Services - related party     -       82,933  
Total core revenue, net     11,048,276       11,779,794  
                 
Non-Core:                
Services     1,599,102       1,792,622  
Total non-core revenue, net     1,599,102       1,792,622  
                 
Total net revenue   $ 12,647,378     $ 13,572,416  

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, 2020     June 30, 2020  
             
Revenues in excess of billings   $ 18,430,766     $ 18,506,733  
                 
Deferred Revenue   $ 2,775,600     $ 4,095,472