XML 59 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Revenue:    
Subscriptions $ 9,398,377 $ 8,025,025
Other revenues 2,530,039 3,293,549
Total revenue 11,928,416 11,318,574
Operating expenses:    
Cost of revenue and product support 5,087,973 4,490,438
Sales and marketing 4,741,574 3,054,361
General and administrative 3,812,265 2,474,169
Depreciation and Amortization 879,329 901,407
Total operating expenses 14,521,141 10,920,375
(Loss) income from operations (2,592,725) 398,199
Other (expense) income:    
Interest income (expense), net 102,580 (140,712)
Total other (expense) income 102,580 (140,712)
(Loss) income before income taxes (2,490,145) 257,487
Provision for income taxes      
Net (loss) income (2,490,145) 257,487
Dividends on preferred stock (617,891) (911,580)
Net loss applicable to common shareholders $ (3,108,036) $ (654,093)
Weighted average shares, basic and diluted 16,710,000 13,246,000
Basic and diluted loss per share $ (0.19) $ (0.05)