XML 23 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations and Other Comprehensive Loss - USD ($)
 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Revenue:    
Total revenue $ 28,018,441 $ 25,747,276
Cost of revenue:    
Total cost of revenue 20,669,116 19,643,082
Gross profit 7,349,325 6,104,194
Operating expenses:    
Selling, general and administrative 9,147,064 9,055,070
Depreciation and amortization 152,397 133,694
Total operating expenses 9,299,461 9,188,764
Loss from operations (1,950,136) (3,084,570)
Other income (expenses):    
Interest expense (4,000) (12,000)
Other income 58,179 23,861
Total other income 54,179 11,861
Loss from continuing operations before provision for income taxes (1,895,957) (3,072,709)
Provision for income taxes (39,779) (35,495)
Loss from continuing operations (1,935,736) (3,108,204)
Discontinued operations:    
Income from discontinued operations 0 573,445
Gain from sale of discontinued operations 256,995 241,196
Income from discontinued operations 256,995 814,641
Net loss (1,678,741) (2,293,563)
Other comprehensive loss:    
Foreign currency translation (23,978) (27,508)
Comprehensive loss $ (1,702,719) $ (2,321,071)
Loss per common share:    
Loss per share from continuing operations, basic and diluted $ (0.08) $ (0.14)
Income per share from discontinued operations, basic and diluted 0.01 0.04
Net loss per share, basic and diluted $ (0.07) $ (0.10)
Weighted average common shares outstanding, basic and diluted 23,473,105 23,241,572
Platforms [Member]    
Revenue:    
Total revenue $ 1,819,149 $ 980,323
Cost of revenue:    
Total cost of revenue 378,904 205,051
Transactions [Member]    
Revenue:    
Total revenue 26,199,292 24,766,953
Cost of revenue:    
Total cost of revenue $ 20,290,212 $ 19,438,031