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REPOSITRAK | 12 Months Ended
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Jun. 30, 2017
Acquisition Of Repositrak |
REPOSITRAK | On June 30, 2015, the Company consummated the acquisition of 100% of the outstanding capital stock of ReposiTrak, Inc. The accompanying consolidated financial statements of the Company for the year ended June 30, 2015 contain the results of operations of ReposiTrak from June 30, 2015. We issued 873,438 shares of our common stock in connection with this acquisition. Unaudited pro-forma results of operations for the twelve months ended June 30, 2015, as though ReposiTrak had been acquired as of July 1, 2014, are as follows:
|  | Three Months Ended |  |
|  | Sep 30, 2014 |  | Dec 31, 2014 |  | Mar 31, 2015 |  | Jun 30, 2015 |  | Year Ended 2015
Revenue |  | $ | 2,826,813 |  |  | $ | 2,932,825 |  |  | $ | 2,870,646 |  |  | $ | 2,941,511 |  |  | $ | 11,571,795 |
Loss from Operations |  |  | (1,046,986 | ) |  |  | (1,290,524 | ) |  |  | (1,302,437 | ) |  |  | (3,222,538 | ) |  |  | (6,862,485 | )
Net Loss |  |  | (1,049,834 | ) |  |  | (1,317,510 | ) |  |  | (1,317,858 | ) |  |  | (3,241,545 | ) |  |  | (6,926,747 | )
Net Loss Applicable to Common Shareholders |  |  | (1,204,307 | ) |  |  | (1,471,983 | ) |  |  | (3,595,537 | ) |  |  | (3,365,721 | ) |  |  | (9,637,548 | )
Basic and Diluted EPS |  |  | (0.07 | ) |  |  | (0.08 | ) |  |  | (0.20 | ) |  |  | (0.18 | ) |  |  | (0.53 | )

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- References No definition available. + Details
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- Definition The entire description for costs incurred to effect a business combination that have been expensed during the period. Such costs could include business integration costs, systems integration and conversion costs, and severance and other employee-related costs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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