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Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Jun. 30, 2024
Current Assets    
Cash $ 28,568,805 $ 25,153,862
Receivables, net of allowance for doubtful accounts of $242,437 and $227,573 at June 30, 2025 and 2024, respectively 4,133,026 3,678,627
Contract asset – unbilled current portion 428,585 181,680
Prepaid expense and other current assets 555,384 285,998
Total Current Assets 33,685,800 29,300,167
Property and equipment, net 602,172 513,277
Other Assets:    
Deposits and other assets 22,414 22,414
Prepaid expense – less current portion 6,568 2,609
Contract asset – unbilled long-term portion 0 108,052
Operating lease – right-of-use asset 0 250,306
Goodwill 20,883,886 20,883,886
Capitalized software costs, net 128,207 384,621
Total Other Assets 21,041,075 21,783,288
Total Assets 55,329,047 51,596,732
Current liabilities    
Accounts payable 282,146 265,086
Accrued liabilities 1,841,839 1,554,775
Contract liability – deferred revenue 3,175,908 2,441,234
Operating lease liability – current 0 64,076
Notes payable and financing leases – current 231,225 217,971
Total current liabilities 5,531,118 4,543,142
Long-term liabilities    
Operating lease liability – less current portion 0 198,972
Notes payable and financing leases – less current portion 278,748 0
Total liabilities 5,809,866 4,742,114
Commitments and contingencies
Stockholders’ equity:    
Common Stock, $0.01 par value, 50,000,000 shares authorized; 18,282,805 and 18,234,893 issued and outstanding at June 30, 2025 and 2024, respectively 182,830 182,351
Additional paid-in capital 62,181,156 64,655,902
Accumulated other comprehensive loss (11,256) (27,390)
Accumulated deficit (12,836,910) (17,962,410)
Total stockholders’ equity 49,519,181 46,854,618
Total liabilities and stockholders’ equity 55,329,047 51,596,732
Series B Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value 3,361 6,165
Customer Relationships [Member]    
Other Assets:    
Customer relationships $ 0 $ 131,400