The
following table shows the net activity of deferred cost and deferred revenue for the nine months ended March 31, 2026 and the year ended
June 30, 2025:
SCHEDULE
OF RECONCILIATION OF COST IN EXCESS OF BILLING FOR CONTRACT RECOGNIZED OVER TIME
| | |
As of and for the nine months ended March 31, 2026 | | |
As of and for the year ended June 30, 2025 | |
| | |
| | |
| |
| Deferred costs - beginning of period | |
$ | 48,971 | | |
$ | 170,781 | |
| Deferred cost recognized as cost of goods sold/expense during period | |
| (48,699 | ) | |
| (170,781 | ) |
| Costs incurred and not yet recognized as cost of goods sold | |
| 1,857 | | |
| 48,971 | |
| Deferred cost - end of period | |
$ | 2,129 | | |
$ | 48,971 | |
| | |
| | | |
| | |
| Deferred revenue - beginning of period | |
$ | 52,576 | | |
$ | 72,788 | |
| Deferred revenue recognized as revenue during period | |
| (52,576 | ) | |
| (72,788 | ) |
| Billing in excess of costs | |
| 117,251 | | |
| - | |
| Payments received and not yet recognized as revenue | |
| 189,167 | | |
| 52,576 | |
| Deferred revenue - end of period | |
$ | 306,418 | | |
$ | 52,576 | |
|