| SCHEDULE OF DISAGGREGATED REVENUE BY CATEGORY |
The
Company’s disaggregated revenue by category is as follows:
SCHEDULE
OF DISAGGREGATED REVENUE BY CATEGORY
| | |
2025 | | |
2024 | |
| | |
For
the Years | |
| | |
Ended
June 30, | |
| | |
2025 | | |
2024 | |
| Core: | |
| | |
| |
| License | |
$ | 598,633 | | |
$ | 5,449,991 | |
| Subscription
and support | |
| 32,934,648 | | |
| 27,952,768 | |
| Services | |
| 28,921,965 | | |
| 22,526,010 | |
| Total
core revenue, net | |
| 62,455,246 | | |
| 55,928,769 | |
| | |
| | | |
| | |
| Non-Core: | |
| | | |
| | |
| Services | |
| 3,632,983 | | |
| 5,464,322 | |
| Total
non-core revenue, net | |
| 3,632,983 | | |
| 5,464,322 | |
| | |
| | | |
| | |
| Total
net revenue | |
$ | 66,088,229 | | |
$ | 61,393,091 | |
|
| SCHEDULE OF REVENUES IN EXCESS OF BILLINGS AND DEFERRED REVENUE |
The
Company’s revenues in excess of billings and unearned revenue are as follows:
SCHEDULE
OF REVENUES IN EXCESS OF BILLINGS AND DEFERRED REVENUE
| | |
As
of | | |
As
of | |
| | |
June
30, 2025 | | |
June
30, 2024 | |
| | |
| | |
| |
| Revenues
in excess of billings | |
$ | 19,134,385 | | |
$ | 13,638,547 | |
| | |
| | | |
| | |
| Unearned
revenue | |
$ | 3,029,850 | | |
$ | 8,752,153 | |
|
| SCHEDULE OF UNEARNED REVENUE RECONCILIATION |
The
Company’s unearned revenue reconciliation is as follows:
SCHEDULE
OF UNEARNED REVENUE RECONCILIATION
| | |
Unearned
Revenue | |
| | |
| |
| Balance at June 30, 2023 | |
$ | 7,932,306 | |
| Invoiced | |
| 24,039,382 | |
| Revenue Recognized | |
| (23,216,573 | ) |
| Adjustments | |
| (2,962 | ) |
| Balance at June 30, 2024 | |
$ | 8,752,153 | |
| Invoiced | |
| 23,567,456 | |
| Revenue Recognized | |
| (29,201,839 | ) |
| Adjustments | |
| (87,920 | ) |
| Balance
at June 30, 2025 | |
$ | 3,029,850 | |
|