| SCHEDULE OF DISAGGREGATED REVENUE BY CATEGORY |
The
Company’s disaggregated revenue by category is as follows:
SCHEDULE OF DISAGGREGATED REVENUE BY CATEGORY
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
For the Three Months
Ended March 31,
| | |
For the Nine Months
Ended March 31,
| |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Core: | |
| | |
| | |
| | |
| |
| License | |
$ | 4,728,411 | | |
$ | 1,198 | | |
$ | 4,918,118 | | |
$ | 75,115 | |
| Subscription and support | |
| 8,810,115 | | |
| 7,888,360 | | |
| 26,850,453 | | |
| 24,723,460 | |
| Services | |
| 5,609,362 | | |
| 8,778,454 | | |
| 19,498,701 | | |
| 20,195,414 | |
| Total core revenue, net | |
| 19,147,888 | | |
| 16,668,012 | | |
| 51,267,272 | | |
| 44,993,989 | |
| | |
| | | |
| | | |
| | | |
| | |
| Non-Core: | |
| | | |
| | | |
| | | |
| | |
| Services | |
| 684,755 | | |
| 875,945 | | |
| 2,385,772 | | |
| 2,685,127 | |
| Total non-core revenue, net | |
| 684,755 | | |
| 875,945 | | |
| 2,385,772 | | |
| 2,685,127 | |
| | |
| | | |
| | | |
| | | |
| | |
| Total net revenue | |
$ | 19,832,643 | | |
$ | 17,543,957 | | |
$ | 53,653,044 | | |
$ | 47,679,116 | |
|
| SCHEDULE OF REVENUES IN EXCESS OF BILLINGS AND UNEARNED REVENUE |
The
Company’s revenues in excess of billings and unearned revenue are as follows:
SCHEDULE OF REVENUES IN EXCESS OF BILLINGS AND UNEARNED REVENUE
| |
|
As
of |
|
|
As
of |
|
| |
|
March
31, 2026 |
|
|
June
30, 2025 |
|
| |
|
|
|
|
|
|
|
|
| Revenues
in excess of billings |
|
$ |
20,987,805 |
|
|
$ |
19,134,385 |
|
| |
|
|
|
|
|
|
|
|
| Unearned
revenue |
|
$ |
10,184,195 |
|
|
$ |
3,029,850 |
|
|
| 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, 2025 | |
$ | 3,029,850 | |
| Invoiced | |
| 30,142,397 | |
| Revenue Recognized | |
| (22,858,713 | ) |
| Adjustments | |
| (129,339 | ) |
| Balance at March 31, 2026 | |
$ | 10,184,195 | |
|