v3.26.1
DEFERRED REVENUE
 6 Months Ended
Mar. 31, 2026
Deferred Revenue  
DEFERRED REVENUE

NOTE 15 – DEFERRED REVENUE

 

The Company’s deferred revenue for the three and six months ended March 31, 2026, and 2025, were as follows:

 

   For the three months ended   For the six months ended 
   March 31, 2026   March 31, 2025   March 31, 2026   March 31, 2025 
                 
Deferred revenue at beginning of period  $1,683,471   $1,766,705   $1,866,014   $1,955,635 
Net additions:                    
Deferred software revenues   233,696    445,382    607,796    809,527 
Recognized as revenue:                    
Deferred software revenues   (526,265)   (522,669)   (1,082,908)   (1,075,744)
Deferred revenue at end of period   1,390,902    1,689,418    1,390,902    1,689,418 
Less: current portion   1,019,351    1,179,536    1,019,351    1,179,536 
Long-term deferred revenue at end of period  $371,551   $509,882   $371,551   $509,882 

 

For the three months ended March 31, 2026, and 2025, the Company recognized revenue of $495,402 and $501,666, respectively. For the six months ended March 31, 2026, and 2025, the Company recognized revenue of $914,003, and $885,962, respectively, that was previously included in the beginning balance of deferred revenues.