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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Dec. 31, 2021
Summary of Significant Accounting Policies  
Schedule of accounts receivable concentrations

As of

 

December 31, 

June 30, 

 

2021

  

  

2021

Customer A

*

14

%

Schedule of vendor concentration risk percentage

Three Months Ended

 

Six Months Ended

 

December 31, 

 

December 31, 

 

    

2021

  

  

2020

2021

  

  

2020

Vendor A

21

%

18

%

20

%

18

%

Vendor B

14

%

13

%

13

%

13

%

Schedule Of foreign currency exchange rate

The following table summarizes the exchange rates used:

Six Months Ended

 

Year Ended

December 31, 

 

June 30, 

    

2021

    

2020

 

2021

    

2020

Period end Euro : US Dollar exchange rate

1.13

1.23

1.19

1.12

Average period Euro : US Dollar exchange rate

 

1.17

 

1.17

1.19

 

1.11

 

 

 

Period end Mexican Peso : US Dollar exchange rate

 

0.05

 

0.05

0.05

 

0.04

Average period Mexican Peso : US Dollar exchange rate

 

0.05

 

0.05

0.05

 

0.05

Schedule of revenue by geographical region

Three Months Ended

 

December 31, 

 

2021

 

2020

United States

$

4,603,421

    

58.5

%  

$

4,137,452

55.5

%

Europe

 

2,717,935

 

34.5

%  

 

2,735,222

 

36.7

%

Rest of World

 

550,931

 

7.0

%  

 

577,061

 

7.7

%

Total

$

7,872,287

 

100

%  

$

7,449,735

 

100

%

Six Months Ended

December 31, 

2021

 

2020

United States

$

9,176,208

    

58.8

%  

$

8,485,109

55.8

%

Europe

 

5,339,058

 

34.2

%  

 

5,540,097

 

36.5

%

Rest of World

 

1,099,525

 

7.0

%  

 

1,172,954

 

7.7

%

Total

$

15,614,791

 

100

%  

$

15,198,160

 

100

%

Schedule of accounts receivable by geographical region

As of December 31, 2021

 

As of June 30, 2021

United States

    

$

2,637,206

    

57.1

%  

$

2,798,224

59.3

%

Europe

 

1,750,037

 

37.9

%  

 

1,650,030

 

35.0

%

Rest of World

 

231,097

 

5.0

%  

 

269,199

 

5.7

%

Total

$

4,618,340

 

100

%  

$

4,717,453

 

100

%