v3.25.4
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Dec. 31, 2025
Summary of Significant Accounting Policies  
Schedule of vendor concentration risk percentage

Three Months Ended

 

Six Months Ended

 

December 31, 

 

December 31, 

 

  ​ ​ ​

2025

  ​

  ​

2024

2025

  ​

  ​

2024

Vendor A

27

%

27

%

27

%

26

%

Vendor B

10

%

10

%

10

%

10

%

Schedule of revenue by geographical region

Three Months Ended

 

December 31, 

 

2025

 

2024

United States

$

6,698,701

  ​ ​ ​

56.8

%  

$

6,932,120

58.2

%

Europe

 

3,867,252

 

32.8

%  

 

3,730,368

 

31.3

%

Rest of World

 

1,226,698

 

10.4

%  

 

1,251,731

 

10.5

%

Total

$

11,792,651

 

100

%  

$

11,914,219

 

100

%

Schedule of accounts receivable by geographical region

As of December 31, 2025

 

As of June 30, 2025

United States

  ​ ​ ​

$

2,985,621

  ​ ​ ​

52.7

%  

$

4,033,807

56.1

%

Europe

 

2,054,074

 

36.3

%  

 

2,413,906

 

33.6

%

Rest of World

 

621,476

 

11.0

%  

 

743,521

 

10.3

%

Total

$

5,661,171

 

100

%  

$

7,191,234

 

100

%

Schedule of segment reporting information

Three Months Ended

Six Months Ended

December 31,

December 31,

2025

  ​ ​ ​

2024

2025

  ​ ​ ​

2024

Revenue

$

11,792,651

$

11,914,219

$

24,104,836

$

23,958,701

Cost of revenue

 

5,615,701

 

6,093,126

 

11,702,588

 

12,371,732

Gross profit

 

6,176,950

 

5,821,093

 

12,402,248

 

11,586,969

Gross profit margin

 

52.4%

 

48.9%

 

51.5%

 

48.4%

Selling, general and administrative expenses:

 

 

Sales and marketing

1,648,598

1,343,087

3,315,423

2,533,494

Technology and product development

 

1,602,421

 

1,506,849

 

3,012,572

 

2,879,607

General and administrative

 

1,620,595

 

2,008,201

 

3,295,954

 

3,938,377

Stock-based compensation expense

 

213,449

 

534,322

 

425,931

 

952,311

Foreign currency transaction loss (gain)

 

36,112

 

29,554

 

18,856

 

(74,686)

Total selling, general and administrative expenses

 

5,121,175

 

5,422,013

 

10,068,736

 

10,229,103

Depreciation and amortization

316,425

306,233

632,491

618,328

Net income (loss)

$

546,919

$

(1,980,234)

$

1,296,306

$

(1,311,230)

As of December 31, 2025

  ​ ​ ​

As of June 30, 2025

Cash and cash equivalents

$

12,262,780

  ​ ​ ​

$

12,227,312

Current assets, excluding cash and cash equivalents

 

6,411,401

 

7,772,416

Long term assets

 

25,569,699

 

26,120,946

Total segment assets

$

44,243,880

 

$

46,120,674

Schedule of earnings per share, basic and diluted

Three Months Ended

Six Months Ended

December 31,

December 31,

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2025

  ​ ​ ​

2024

Net income (loss) available to common shareholders

$

546,919

$

(1,980,234)

$

1,296,306

$

(1,311,230)

Weighted average commons shares - basic

 

31,634,575

 

30,421,808

 

31,434,725

 

30,384,339

Dilutive effect of outstanding stock options

 

672,107

 

 

661,435

 

Dilutive effect of unvested restricted common stock

 

26,975

 

 

17,248

 

Weighted average commons shares - diluted

 

32,333,657

 

30,421,808

 

32,113,408

 

30,384,339

Net income (loss) per common share:

 

 

Basic

$

0.02

$

(0.07)

$

0.04

$

(0.04)

Diluted

$

0.02

$

(0.07)

$

0.04

$

(0.04)

Schedule of Company's assets and liabilities at fair value

As of December 31, 2025

As of June 30, 2025

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

Level 3

  ​ ​ ​

Total

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

Level 3

  ​ ​ ​

Total

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Assets

Total assets

$

$

$

 

$

$

$

$

 

$

Liabilities

Contingent earnout liability

$

$

10,700,952

$

10,700,952

$

$

14,046,640

$

14,046,640

Total liabilities

$

$

$

10,700,952

 

$

10,700,952

$

$

$

14,046,640

 

$

14,046,640