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v3.25.1

OPERATING SEGMENTS (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2025
Segment Reporting [Abstract] |
SUMMARY OF IDENTIFIABLE ASSETS | The following table presents a summary of identifiable assets as of March 31, 2025 and June 30, 2024: SUMMARY OF IDENTIFIABLE ASSETS
|  | As of |  |  | As of |
|  | March 31, 2025 |  |  | June 30, 2024 |
Identifiable assets: |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | 978,584 |  |  | $ | 808,385 |
North America |  |  | 7,696,063 |  |  |  | 6,114,142 |
Europe |  |  | 10,981,036 |  |  |  | 9,410,098 |
Asia - Pacific |  |  | 38,487,896 |  |  |  | 47,853,817 |
Consolidated |  | $ | 58,143,579 |  |  | $ | 64,186,442 |
Identifiable assets |  | $ | 58,143,579 |  |  | $ | 64,186,442 |
SUMMARY OF REVENUE STREAMS | The following table presents a summary of revenue streams by segment for the three months ended March 31, 2025 and 2024: SUMMARY OF REVENUE STREAMS
|  | License fees |  |  | Subscription and support |  |  | Services |  |  | Total |  |  | License fees |  |  | Subscription and support |  |  | Services |  |  | Total |
|  | 2025 |  |  | 2024 |
|  | License fees |  |  | Subscription and support |  |  | Services |  |  | Total |  |  | License fees |  |  | Subscription and support |  |  | Services |  |  | Total |
North America |  | $ | - |  |  | $ | 1,340,088 |  |  | $ | 2,529,815 |  |  | $ | 3,869,903 |  |  | $ | - |  |  | $ | 1,161,417 |  |  | $ | 203,657 |  |  | $ | 1,365,074 |
Europe |  |  | 1,198 |  |  |  | 1,215,438 |  |  |  | 4,678,504 |  |  |  | 5,895,140 |  |  |  | 92,925 |  |  |  | 869,429 |  |  |  | 2,083,430 |  |  |  | 3,045,784 |
Asia-Pacific |  |  | - |  |  |  | 5,332,834 |  |  |  | 2,446,080 |  |  |  | 7,778,914 |  |  |  | 465,415 |  |  |  | 5,109,512 |  |  |  | 5,478,731 |  |  |  | 11,053,658 |
Total |  | $ | 1,198 |  |  | $ | 7,888,360 |  |  | $ | 9,654,399 |  |  | $ | 17,543,957 |  |  | $ | 558,340 |  |  | $ | 7,140,358 |  |  | $ | 7,765,818 |  |  | $ | 15,464,516 |
The following table presents a summary of revenue streams by segment for the nine months ended March 31, 2025 and 2024:
|  | License fees |  |  | Subscription and support |  |  | Services |  |  | Total |  |  | License fees |  |  | Subscription and support |  |  | Services |  |  | Total |
|  | 2025 |  |  | 2024 |
|  | License fees |  |  | Subscription and support |  |  | Services |  |  | Total |  |  | License fees |  |  | Subscription and support |  |  | Services |  |  | Total |
North America |  | $ | - |  |  | $ | 4,208,995 |  |  | $ | 5,736,842 |  |  | $ | 9,945,837 |  |  | $ | - |  |  | $ | 3,454,455 |  |  | $ | 784,455 |  |  | $ | 4,238,910 |
Europe |  |  | 75,115 |  |  |  | 3,311,068 |  |  |  | 8,265,423 |  |  |  | 11,651,606 |  |  |  | 101,891 |  |  |  | 2,457,513 |  |  |  | 5,520,770 |  |  |  | 8,080,174 |
Asia-Pacific |  |  | - |  |  |  | 17,203,397 |  |  |  | 8,878,276 |  |  |  | 26,081,673 |  |  |  | 4,727,351 |  |  |  | 14,568,414 |  |  |  | 13,329,789 |  |  |  | 32,625,554 |
Total |  | $ | 75,115 |  |  | $ | 24,723,460 |  |  | $ | 22,880,541 |  |  | $ | 47,679,116 |  |  | $ | 4,829,242 |  |  | $ | 20,480,382 |  |  | $ | 19,635,014 |  |  | $ | 44,944,638 |
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
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
|  | For the Three Months Ended March 31, |  |  | For the Nine Months Ended March 31, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Revenues from unaffiliated customers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 3,869,903 |  |  | $ | 1,365,074 |  |  | $ | 9,945,837 |  |  | $ | 4,238,910 |
Europe |  |  | 5,895,140 |  |  |  | 3,045,784 |  |  |  | 11,651,606 |  |  |  | 8,080,174 |
Asia - Pacific |  |  | 7,778,914 |  |  |  | 11,053,658 |  |  |  | 26,081,673 |  |  |  | 32,625,554 |
Revenues from unaffiliated customers |  |  | 17,543,957 |  |  |  | 15,464,516 |  |  |  | 47,679,116 |  |  |  | 44,944,638 |
Revenue from affiliated customers |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Asia - Pacific |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue from affiliated customers |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Consolidated |  | $ | 17,543,957 |  |  | $ | 15,464,516 |  |  | $ | 47,679,116 |  |  | $ | 44,944,638 |
Revenue |  | $ | 17,543,957 |  |  | $ | 15,464,516 |  |  | $ | 47,679,116 |  |  | $ | 44,944,638 |
Intercompany revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Europe |  | $ | (55,939 | ) |  | $ | 100,315 |  |  | $ | 149,375 |  |  | $ | 300,732 |
Asia - Pacific |  |  | 5,303,033 |  |  |  | 2,601,585 |  |  |  | 13,286,176 |  |  |  | 8,087,181 |
Eliminated |  | $ | 5,247,094 |  |  | $ | 2,701,900 |  |  | $ | 13,435,551 |  |  | $ | 8,387,913 |
Revenue |  | $ | 5,247,094 |  |  | $ | 2,701,900 |  |  | $ | 13,435,551 |  |  | $ | 8,387,913 |
Net income (loss) after taxes and before non-controlling interest: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | (209,221 | ) |  | $ | (1,003,157 | ) |  | $ | (974,367 | ) |  | $ | (2,229,549 | )
North America |  |  | 859,320 |  |  |  | 7,679 |  |  |  | 1,093,581 |  |  |  | (61,546 | )
Europe |  |  | 951,208 |  |  |  | 14,516 |  |  |  | (22,468 | ) |  |  | (228,303 | )
Asia - Pacific |  |  | 233,123 |  |  |  | 1,296,832 |  |  |  | 769,187 |  |  |  | 4,109,146 |
Consolidated |  | $ | 1,834,430 |  |  | $ | 315,870 |  |  | $ | 865,933 |  |  | $ | 1,589,748 |
Net income (loss) after taxes and before non-controlling interest |  | $ | 1,834,430 |  |  | $ | 315,870 |  |  | $ | 865,933 |  |  | $ | 1,589,748 |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 824 |  |  | $ | 407 |  |  | $ | 1,894 |  |  | $ | 1,305 |
Europe |  |  | 41,357 |  |  |  | 58,469 |  |  |  | 154,216 |  |  |  | 179,128 |
Asia - Pacific |  |  | 321,322 |  |  |  | 332,414 |  |  |  | 945,975 |  |  |  | 1,170,806 |
Consolidated |  | $ | 363,503 |  |  | $ | 391,290 |  |  | $ | 1,102,085 |  |  | $ | 1,351,239 |
Depreciation and amortization |  | $ | 363,503 |  |  | $ | 391,290 |  |  | $ | 1,102,085 |  |  | $ | 1,351,239 |
Interest expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | 13,795 |  |  | $ | 12,028 |  |  | $ | 34,246 |  |  | $ | 24,687 |
Europe |  |  | - |  |  |  | 508 |  |  |  | 12,059 |  |  |  | 6,984 |
Asia - Pacific |  |  | 180,947 |  |  |  | 277,141 |  |  |  | 643,042 |  |  |  | 824,345 |
Consolidated |  | $ | 194,742 |  |  | $ | 289,677 |  |  | $ | 689,347 |  |  | $ | 856,016 |
Interest expense |  | $ | 194,742 |  |  | $ | 289,677 |  |  | $ | 689,347 |  |  | $ | 856,016 |
Income tax expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 800 |  |  | $ | 800 |  |  | $ | 800 |  |  | $ | 800 |
Europe |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (93,583 | )
Asia - Pacific |  |  | 150,534 |  |  |  | 145,769 |  |  |  | 711,965 |  |  |  | 511,300 |
Consolidated |  | $ | 151,334 |  |  | $ | 146,569 |  |  | $ | 712,765 |  |  | $ | 418,517 |
Income tax expense |  | $ | 151,334 |  |  | $ | 146,569 |  |  | $ | 712,765 |  |  | $ | 418,517 |
SUMMARY OF CAPITAL EXPENDITURES | The following table presents a summary of capital expenditures for the nine months ended March 31: SUMMARY OF CAPITAL EXPENDITURES
|  | 2025 |  |  | 2024 |
|  | For the Nine Months |
|  | Ended March 31, |
|  | 2025 |  |  | 2024 |
Capital expenditures: |  |  |  |  |  |  |  |
North America |  | $ | 17,331 |  |  | $ | - |
Europe |  |  | 72,551 |  |  |  | 592,432 |
Asia - Pacific |  |  | 807,861 |  |  |  | 355,905 |
Consolidated |  | $ | 897,743 |  |  | $ | 948,337 |
Capital expenditures |  | $ | 897,743 |  |  | $ | 948,337 |

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