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OPERATING SEGMENTS (Tables) | 6 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
SUMMARY OF IDENTIFIABLE ASSETS | The following table presents a summary of identifiable assets as of December 31, 2024 and June 30, 2024: SUMMARY OF IDENTIFIABLE ASSETS
|  | As of |  |  | As of |
|  | December 31, 2024 |  |  | June 30, 2024 |
Identifiable assets: |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | 906,828 |  |  | $ | 808,385 |
North America |  |  | 7,246,715 |  |  |  | 6,114,142 |
Europe |  |  | 8,516,144 |  |  |  | 9,410,098 |
Asia - Pacific |  |  | 42,400,442 |  |  |  | 47,853,817 |
Consolidated |  | $ | 59,070,129 |  |  | $ | 64,186,442 |
Identifiable assets |  | $ | 59,070,129 |  |  | $ | 64,186,442 |
SUMMARY OF REVENUE STREAMS | The following table presents a summary of revenue streams by segment for the three months ended December 31, 2024 and 2023: SUMMARY OF REVENUE STREAMS
|  | 2024 |  |  | 2023 |
|  | License fees |  |  | Subscription and support |  |  | Services |  |  | Total |  |  | License fees |  |  | Subscription and support |  |  | Services |  |  | Total |
North America |  | $ | - |  |  | $ | 1,606,262 |  |  | $ | 1,601,011 |  |  | $ | 3,207,273 |  |  | $ | - |  |  | $ | 1,168,224 |  |  | $ | 296,997 |  |  | $ | 1,465,221 |
Europe |  |  | 72,688 |  |  |  | 1,202,858 |  |  |  | 1,985,634 |  |  |  | 3,261,180 |  |  |  | 4,650 |  |  |  | 874,096 |  |  |  | 1,593,611 |  |  |  | 2,472,357 |
Asia-Pacific |  |  | - |  |  |  | 5,833,509 |  |  |  | 3,234,699 |  |  |  | 9,068,208 |  |  |  | 2,985,803 |  |  |  | 4,785,461 |  |  |  | 3,529,099 |  |  |  | 11,300,363 |
Total |  | $ | 72,688 |  |  | $ | 8,642,629 |  |  | $ | 6,821,344 |  |  | $ | 15,536,661 |  |  | $ | 2,990,453 |  |  | $ | 6,827,781 |  |  | $ | 5,419,707 |  |  | $ | 15,237,941 |
The following table presents a summary of revenue streams by segment for the six months ended December 31, 2024 and 2023:
|  | 2024 |  |  | 2023 |
|  | License fees |  |  | Subscription and support |  |  | Services |  |  | Total |  |  | License fees |  |  | Subscription and support |  |  | Services |  |  | Total |
North America |  | $ | - |  |  | $ | 2,868,907 |  |  | $ | 3,207,027 |  |  | $ | 6,075,934 |  |  | $ | - |  |  | $ | 2,293,038 |  |  | $ | 580,798 |  |  | $ | 2,873,836 |
Europe |  |  | 73,917 |  |  |  | 2,095,630 |  |  |  | 3,586,919 |  |  |  | 5,756,466 |  |  |  | 8,966 |  |  |  | 1,588,084 |  |  |  | 3,437,340 |  |  |  | 5,034,390 |
Asia-Pacific |  |  | - |  |  |  | 11,870,563 |  |  |  | 6,432,196 |  |  |  | 18,302,759 |  |  |  | 4,261,936 |  |  |  | 9,458,902 |  |  |  | 7,851,058 |  |  |  | 21,571,896 |
Total |  | $ | 73,917 |  |  | $ | 16,835,100 |  |  | $ | 13,226,142 |  |  | $ | 30,135,159 |  |  | $ | 4,270,902 |  |  | $ | 13,340,024 |  |  | $ | 11,869,196 |  |  | $ | 29,480,122 |
SUMMARY OF OPERATING INFORMATION | The following table presents a summary of operating information for the three and six months ended December 31: SUMMARY OF OPERATING INFORMATION
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  | For the Three Months Ended December 31, |  |  | For the Six Months Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Revenues from unaffiliated customers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 3,207,273 |  |  | $ | 1,465,221 |  |  | $ | 6,075,934 |  |  | $ | 2,873,836 |
Europe |  |  | 3,261,180 |  |  |  | 2,472,357 |  |  |  | 5,756,466 |  |  |  | 5,034,390 |
Asia - Pacific |  |  | 9,068,208 |  |  |  | 11,300,363 |  |  |  | 18,302,759 |  |  |  | 21,571,896 |
Revenues from unaffiliated customers |  |  | 15,536,661 |  |  |  | 15,237,941 |  |  |  | 30,135,159 |  |  |  | 29,480,122 |
Revenue from affiliated customers |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Asia - Pacific |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue from affiliated customers |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Consolidated |  | $ | 15,536,661 |  |  | $ | 15,237,941 |  |  | $ | 30,135,159 |  |  | $ | 29,480,122 |
Revenue |  | $ | 15,536,661 |  |  | $ | 15,237,941 |  |  | $ | 30,135,159 |  |  | $ | 29,480,122 |
Intercompany revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Europe |  | $ | 188,756 |  |  | $ | 100,100 |  |  | $ | 205,314 |  |  | $ | 200,417 |
Asia - Pacific |  |  | 4,713,799 |  |  |  | 2,865,277 |  |  |  | 7,983,143 |  |  |  | 5,485,596 |
Eliminated |  | $ | 4,902,555 |  |  | $ | 2,965,377 |  |  | $ | 8,188,457 |  |  | $ | 5,686,013 |
Revenue |  | $ | 4,902,555 |  |  | $ | 2,965,377 |  |  | $ | 8,188,457 |  |  | $ | 5,686,013 |
Net income (loss) after taxes and before non-controlling interest: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | (103,088 | ) |  | $ | (922,670 | ) |  | $ | (765,146 | ) |  | $ | (1,226,392 | )
North America |  |  | (380,582 | ) |  |  | (13,278 | ) |  |  | 234,261 |  |  |  | (69,225 | )
Europe |  |  | (450,678 | ) |  |  | (150,935 | ) |  |  | (973,676 | ) |  |  | (242,819 | )
Asia - Pacific |  |  | (251,858 | ) |  |  | 2,069,698 |  |  |  | 536,064 |  |  |  | 2,812,314 |
Consolidated |  | $ | (1,186,206 | ) |  | $ | 982,815 |  |  | $ | (968,497 | ) |  | $ | 1,273,878 |
Net income (loss) after taxes and before non-controlling interest |  | $ | (1,186,206 | ) |  | $ | 982,815 |  |  | $ | (968,497 | ) |  | $ | 1,273,878 |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 599 |  |  | $ | 407 |  |  | $ | 1,070 |  |  | $ | 898 |
Europe |  |  | 53,179 |  |  |  | 57,758 |  |  |  | 112,859 |  |  |  | 120,659 |
Asia - Pacific |  |  | 318,807 |  |  |  | 370,998 |  |  |  | 624,653 |  |  |  | 838,392 |
Consolidated |  | $ | 372,585 |  |  | $ | 429,163 |  |  | $ | 738,582 |  |  | $ | 959,949 |
Depreciation and amortization |  | $ | 372,585 |  |  | $ | 429,163 |  |  | $ | 738,582 |  |  | $ | 959,949 |
Interest expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | 11,059 |  |  | $ | 6,538 |  |  | $ | 20,451 |  |  | $ | 12,659 |
Europe |  |  | 12,059 |  |  |  | 1,834 |  |  |  | 12,059 |  |  |  | 6,476 |
Asia - Pacific |  |  | 213,268 |  |  |  | 281,950 |  |  |  | 462,095 |  |  |  | 547,204 |
Consolidated |  | $ | 236,386 |  |  | $ | 290,322 |  |  | $ | 494,605 |  |  | $ | 566,339 |
Interest expense |  | $ | 236,386 |  |  | $ | 290,322 |  |  | $ | 494,605 |  |  | $ | 566,339 |
Income tax expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Europe |  | $ | - |  |  | $ | (93,583 | ) |  | $ | - |  |  | $ | (93,583 | )
Asia - Pacific |  |  | 331,614 |  |  |  | 243,636 |  |  |  | 561,431 |  |  |  | 365,531 |
Consolidated |  | $ | 331,614 |  |  | $ | 150,053 |  |  | $ | 561,431 |  |  | $ | 271,948 |
Income tax expense |  | $ | 331,614 |  |  | $ | 150,053 |  |  | $ | 561,431 |  |  | $ | 271,948 |
SUMMARY OF CAPITAL EXPENDITURES | The following table presents a summary of capital expenditures for the six months ended December 31: SUMMARY OF CAPITAL EXPENDITURES
|  | 2024 |  |  | 2023 |
|  | For the Six Months |
|  | Ended December 31, |
|  | 2024 |  |  | 2023 |
Capital expenditures: |  |  |  |  |  |  |  |
North America |  | $ | 3,841 |  |  | $ | - |
Europe |  |  | 56,204 |  |  |  | 417,104 |
Asia - Pacific |  |  | 508,089 |  |  |  | 153,480 |
Consolidated |  | $ | 568,134 |  |  | $ | 570,584 |
Capital expenditures |  | $ | 568,134 |  |  | $ | 570,584 |

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