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Consolidated Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2024
Jun. 30, 2023
Current Assets    
Cash and cash equivalents $ 24,452,680 $ 23,990,879
Receivables, net of allowance for doubtful accounts of $226,198 and $170,103 at March 31, 2024 and June 30, 2023, respectively 3,776,472 2,523,019
Contract asset – unbilled current portion 147,520 186,959
Prepaid expense and other current assets 451,041 573,763
Total Current Assets 28,827,713 27,274,620
Property and equipment, net 591,724 986,300
Other Assets:    
Deposits and other assets 22,414 22,414
Prepaid expense – less current portion 6,677 36,282
Contract asset – unbilled long-term portion 108,052 108,052
Operating lease – right-of-use asset 265,726 310,796
Goodwill 20,883,886 20,883,886
Capitalized software costs, net 463,036 698,281
Total Other Assets 21,914,041 22,322,511
Total Assets 51,333,478 50,583,431
Current liabilities    
Accounts payable 510,412 431,387
Accrued liabilities 1,390,232 1,620,000
Contract liability – deferred revenue 2,466,262 1,903,001
Operating lease liability – current 62,725 58,771
Notes payable and financing leases – current 215,274 219,262
Total current liabilities 4,644,905 4,232,421
Long-term liabilities    
Operating lease liability – less current portion 215,676 263,047
Notes payable and financing leases – less current portion 0 206,032
Total liabilities 4,860,581 4,701,500
Commitments and Contingencies  
Stockholders’ equity:    
Common Stock, $0.01 par value, 50,000,000 shares authorized; 18,221,527 and 18,309,051 issued and outstanding at March 31, 2024 and June 30, 2023, respectively 182,218 183,093
Additional paid-in capital 65,277,419 67,732,887
Accumulated other comprehensive loss (31,006) 0
Accumulated deficit (18,962,710) (22,042,427)
Total stockholders’ equity 46,472,897 45,881,931
Total liabilities and stockholders’ equity 51,333,478 50,583,431
Series B Preferred Stock [Member]    
Stockholders’ equity:    
Series B Preferred, 700,000 shares authorized; 625,375 shares issued and outstanding at March 31, 2024 and June 30, 2023; 6,254 6,254
Series B-1 Preferred Stock [Member]    
Stockholders’ equity:    
Series B Preferred, 700,000 shares authorized; 625,375 shares issued and outstanding at March 31, 2024 and June 30, 2023; 722 2,124
Customer Relationships [Member]    
Other Assets:    
Customer relationships $ 164,250 $ 262,800