v3.26.1
DEFERRED REVENUE
 9 Months Ended
Jun. 30, 2026
Deferred Revenue  
DEFERRED REVENUE

NOTE 15 – DEFERRED REVENUE

 

The Company’s deferred revenue for the three and nine months ended June 30, 2026, and 2025, were as follows:

 

 

   For the three months ended   For the nine months ended 
   June 30, 2026   June 30, 2025   June 30, 2026   June 30, 2025 
                 
Deferred revenue at beginning of period  $1,390,902   $1,689,418   $1,866,014   $1,955,635 
Net additions:                    
Deferred software revenues   257,898    661,917    865,694    1,471,444 
Recognized as revenue:                    
Deferred software revenues   (469,588)   (531,387)   (1,552,496)   (1,607,131)
Deferred revenue at end of period   1,179,212    1,819,948    1,179,212    1,819,948 
Less: current portion   838,154    1,329,902    838,154    1,329,902 
Long-term deferred revenue at end of period  $341,058   $490,046   $341,058   $490,046 

 

 

For the three months ended June 30, 2026, and 2025, the Company recognized revenue of $432,636, and $453,205, respectively. For the nine months ended June 30, 2026, and 2025, the Company recognized revenue of $1,216,413, and $1,167,080, respectively, that was previously included in the beginning balance of deferred revenues.