v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 9,852,007 $ 6,100,031
Accounts receivable, net of allowance of $82,026 and $68,579, respectively 7,604,058 6,879,800
Prepaid expenses and other current assets 625,727 643,553
Prepaid royalties 755,299 1,067,237
Total current assets 18,837,091 14,690,621
Non-current assets:    
Property and equipment, net of accumulated depreciation of $944,694 and $922,558, respectively 60,051 88,011
Intangible assets, net of accumulated amortization of $2,431,738 and $1,535,310, respectively 9,956,378 10,764,261
Goodwill ($13,171,486 provisional) 16,372,979 16,315,888
Deposits and other assets 881 981
Total assets 45,227,380 41,859,762
Current liabilities:    
Accounts payable and accrued expenses 8,529,572 8,843,612
Deferred revenue 10,355,768 9,023,848
Contingent earnout liability, current portion 6,019,488  
Total current liabilities 24,904,828 17,867,460
Non-current liabilities:    
Contingent earnout liability 9,091,422 12,298,114
Total liabilities 33,996,250 30,165,574
Commitments and contingencies
Stockholders' equity:    
Preferred stock; $0.001 par value; 20,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock; $0.001 par value; 100,000,000 shares authorized; 32,405,120 and 32,295,373 shares issued and outstanding, respectively 32,405 32,295
Additional paid-in capital 38,728,405 38,089,958
Accumulated deficit (27,404,006) (26,309,246)
Accumulated other comprehensive loss (125,674) (118,819)
Total stockholders' equity 11,231,130 11,694,188
Total liabilities and stockholders' equity $ 45,227,380 $ 41,859,762