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REVENUE RECOGNITION | 12 Months Ended
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Jun. 30, 2025
REVENUE RECOGNITION |
REVENUE RECOGNITION | 3. REVENUE RECOGNITION ​ Disaggregation of Revenue ​ The following table presents our SaaS and professional services revenue during the fiscal years ended June 30, 2025 and 2024, respectively: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fiscal Year Ended June 30,
​ | ​ | 2025 | ​ | 2024
​ | ​ | (in thousands)
Revenue: | ​ | ​ | ​ | ​ | ​ | ​
SaaS revenue | ​ | $ | 81,921 | ​ | $ | 85,082
Professional services | ​ | ​ | 6,510 | ​ | ​ | 7,721
Total revenue | ​ | $ | 88,431 | ​ | $ | 92,803
​ ​ The following table presents our revenue recognized over-time and at a point-in-time during the fiscal years ended June 30, 2025 and 2024, respectively: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fiscal Year Ended June 30,
​ | ​ | 2025 | ​ | 2024
​ | ​ | (in thousands)
Revenue: | ​ | ​ | ​ | ​ | ​ | ​
Over-time | ​ | $ | 82,549 | ​ | $ | 81,415
Point-in-time | ​ | ​ | 5,882 | ​ | ​ | 11,388
Total revenue | ​ | $ | 88,431 | ​ | $ | 92,803
​ ​ The following table presents our revenue by geography. Revenue by geography is generally determined on the region of our contracting entity rather than the region of our customer. The relative proportion of our total revenues between each geographic region as presented in the table below was materially consistent across each of our operating segments’ revenues for the periods presented. ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fiscal Year Ended June 30,
​ | ​ | 2025 | ​ | 2024
​ | ​ | (in thousands)
Revenue: | ​ | ​ | ​ | ​ | ​ | ​
North America | ​ | $ | 68,778 | ​ | $ | 72,611
Europe, Middle East, & Africa | ​ | ​ | 19,653 | ​ | ​ | 20,192
Total revenue | ​ | $ | 88,431 | ​ | $ | 92,803
​ Contract Balances ​ Contract assets, if any, consist of unbilled receivables for completed performance obligations which have not been invoiced, and for which we do not have an unconditional right to consideration. Unbilled receivables are included in accounts receivable, less provision for credit losses on our consolidated balance sheets. Contract liabilities consist of deferred revenue for which we have an obligation to transfer services to customers and have received consideration in advance or the amount is due from customers. Once the obligations are fulfilled, then deferred revenue is recognized to revenue in the respective period. ​ The following table presents the changes in contract liabilities (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Balance as of June 30, 2025 ($) |  | Balance as of June 30, 2024 ($)
Contract liabilities: | ​ | ​ | ​ | ​ | ​ | ​
Deferred revenue | ​ | ​ | 48,765 | ​ | ​ | 45,989
Deferred revenue, net of current portion | ​ |  | 1,766 | ​ | ​ | 3,280
​ All deferred revenue as of June 30, 2024 was recognized as revenue during the fiscal year ended June 30, 2025. ​ Remaining Performance Obligations ​ Remaining performance obligations represent contracted revenue that had not yet been recognized, and include billed deferred revenue, consisting of amounts invoiced to customers whether collected or uncollected which have not been recognized as revenue, as well as unbilled amounts that will be invoiced and recognized as revenue in future periods. The transaction price allocated to the remaining performance obligation is influenced by a variety of factors, including seasonality, timing of renewals, average contract terms and foreign currency exchange rates. As of June 30, 2025, our remaining performance obligations were $91.6 million of which we expect to recognize $63.0 million and $28.6 million as revenue within one year and beyond one year, respectively.

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