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OPERATING SEGMENTS (Tables)

9 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

SUMMARY OF IDENTIFIABLE ASSETS

The following table presents a summary of identifiable assets as of March 31, 2024 and June 30, 2023:

 SUMMARY OF IDENTIFIABLE ASSETS

		As of				As of
		March 31, 2024				June 30, 2023
Identifiable assets:
Corporate headquarters		$	984,161			$	878,899
North America			6,060,509				7,344,122
Europe			9,296,634				8,716,656
Asia - Pacific			46,965,482				41,439,733
Consolidated		$	63,306,786			$	58,379,410
Identifiable assets		$	63,306,786			$	58,379,410

SUMMARY OF REVENUE STREAMS

The following table presents a summary of revenue streams by segment for the three months ended March 31, 2024 and 2023:

 SUMMARY OF REVENUE STREAMS

		License fees				Subscription and support				Services				Total				License fees				Subscription and support				Services				Total
		2024																2023
		License fees				Subscription and support				Services				Total				License fees				Subscription and support				Services				Total
North America		$	-			$	1,161,417			$	203,657			$	1,365,074			$	-			$	1,075,286			$	290,270			$	1,365,556
Europe			92,925				869,429				2,083,430				3,045,784				65,177				665,585				1,819,610				2,550,372
Asia-Pacific			465,415				5,109,512				5,478,731				11,053,658				1,917,808				4,915,211				2,757,442				9,590,461
Total		$	558,340			$	7,140,358			$	7,765,818			$	15,464,516			$	1,982,985			$	6,656,082			$	4,867,322			$	13,506,389

The following table presents a summary of revenue streams by segment for the nine months ended March 31, 2024 and 2023:

		License fees				Subscription and support				Services				Total				License fees				Subscription and support				Services				Total
		2024																2023
		License fees				Subscription and support				Services				Total				License fees				Subscription and support				Services				Total
North America		$	-			$	3,454,455			$	784,455			$	4,238,910			$	28,000			$	3,251,397			$	809,299			$	4,088,696
Europe			101,891				2,457,513				5,520,770				8,080,174				115,416				1,847,690				5,680,302				7,643,408
Asia-Pacific			4,727,351				14,568,414				13,329,789				32,625,554				2,105,413				14,076,498				10,688,851				26,870,762
Total		$	4,829,242			$	20,480,382			$	19,635,014			$	44,944,638			$	2,248,829			$	19,175,585			$	17,178,452			$	38,602,866
Revenue		$	4,829,242			$	20,480,382			$	19,635,014			$	44,944,638			$	2,248,829			$	19,175,585			$	17,178,452			$	38,602,866

SUMMARY OF OPERATING INFORMATION

The following table presents a summary of operating information for the three and nine months ended March 31:

 SUMMARY OF OPERATING INFORMATION

		2024				2023				2024				2023
		For the Three Months								For the Nine Months
		Ended March 31,								Ended March 31,
		2024				2023				2024				2023
Revenues from unaffiliated customers:
North America		$	1,365,074			$	1,365,556			$	4,238,910			$	4,088,696
Europe			3,045,784				2,550,372				8,080,174				7,643,408
Asia - Pacific			11,053,658				9,590,461				32,625,554				26,870,762
Revenues from unaffiliated customers			15,464,516				13,506,389				44,944,638				38,602,866
Revenue from affiliated customers
Asia - Pacific			-				-				-				-
Revenue from affiliated customers			-				-				-				-
Consolidated		$	15,464,516			$	13,506,389			$	44,944,638			$	38,602,866
Revenue		$	15,464,516			$	13,506,389			$	44,944,638			$	38,602,866
Intercompany revenue
Europe		$	100,315			$	103,249			$	300,732			$	292,210
Asia - Pacific			2,601,585				3,026,986				8,087,181				7,720,764
Eliminated		$	2,701,900			$	3,130,235			$	8,387,913			$	8,012,974
Revenue		$	2,701,900			$	3,130,235			$	8,387,913			$	8,012,974
Net income (loss) after taxes and before non-controlling interest:
Corporate headquarters		$	(1,003,157	)		$	289,652			$	(2,229,549	)		$	919,914
North America			7,679				(3,702	)			(61,546	)			82,677
Europe			14,516				(103,219	)			(228,303	)			(586,607	)
Asia - Pacific			1,296,832				4,059,800				4,109,146				986,613
Consolidated		$	315,870			$	4,242,531			$	1,589,748			$	1,402,597
Net income (loss) after taxes and before non-controlling interest		$	315,870			$	4,242,531			$	1,589,748			$	1,402,597
Depreciation and amortization:
North America		$	407			$	657			$	1,305			$	1,866
Europe			58,469				65,584				179,128				207,186
Asia - Pacific			332,414				716,725				1,170,806				2,310,417
Consolidated		$	391,290			$	782,966			$	1,351,239			$	2,519,469
Depreciation and amortization		$	391,290			$	782,966			$	1,351,239			$	2,519,469
Interest expense:
Corporate headquarters		$	12,028			$	7,834			$	24,687			$	16,226
North America			-				-				-				-
Europe			508				1,806				6,984				8,146
Asia - Pacific			277,141				178,497				824,345				487,738
Consolidated		$	289,677			$	188,137			$	856,016			$	512,110
Interest Expense		$	289,677			$	188,137			$	856,016			$	512,110
Income tax expense:
Corporate headquarters		$	-			$	-			$	-			$	(44,154	)
North America			800				1,600				800				45,754
Europe			-				2,822				(93,583	)			2,822
Asia - Pacific			145,769				223,296				511,300				636,700
Consolidated		$	146,569			$	227,718			$	418,517			$	641,122
Income tax expense		$	146,569			$	227,718			$	418,517			$	641,122

SUMMARY OF CAPITAL EXPENDITURES

The following table presents a summary of capital expenditures for the nine months ended March 31:

 SUMMARY OF CAPITAL EXPENDITURES

		2024				2023
		For the Nine Months
		Ended March 31,
		2024				2023
Capital expenditures:
North America		$	-			$	4,880
Europe			592,432				31,519
Asia - Pacific			355,905				1,538,660
Consolidated		$	948,337			$	1,575,059
Capital expenditures		$	948,337			$	1,575,059

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