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Consolidated Condensed Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2023
Jun. 30, 2023
Current Assets    
Cash and cash equivalents $ 23,253,071 $ 23,990,879
Receivables, net of allowance for doubtful accounts of $219,163 and $170,103 at December 31, 2023 and June 30, 2023, respectively 3,799,551 2,523,019
Contract asset – unbilled current portion 150,180 186,959
Prepaid expense and other current assets 366,766 573,763
Total Current Assets 27,569,568 27,274,620
Property and equipment, net 716,979 986,300
Other Assets:    
Deposits and other assets 22,414 22,414
Prepaid expense – less current portion 8,996 36,282
Contract asset – unbilled long-term portion 108,052 108,052
Operating lease – right-of-use asset 280,958 310,796
Goodwill 20,883,886 20,883,886
Capitalized software costs, net 541,450 698,281
Total Other Assets 22,042,856 22,322,511
Total Assets 50,329,403 50,583,431
Current liabilities    
Accounts payable 332,306 431,387
Accrued liabilities 1,634,620 1,620,000
Contract liability – deferred revenue 2,026,565 1,903,001
Operating lease liability – current 61,372 58,771
Notes payable and financing leases – current 216,542 219,262
Total current liabilities 4,271,405 4,232,421
Long-term liabilities    
Operating lease liability – less current portion 231,830 263,047
Notes payable and financing leases – less current portion 83,677 206,032
Total liabilities 4,586,912 4,701,500
Commitments and Contingencies  
Stockholders’ equity:    
Common Stock, $0.01 par value, 50,000,000 shares authorized; 18,158,730 and 18,309,051 issued and outstanding at December 31, 2023 and June 30, 2023, respectively 181,590 183,093
Additional paid-in capital 65,637,265 67,732,887
Accumulated other comprehensive loss (5,904) 0
Accumulated deficit (20,078,137) (22,042,427)
Total stockholders’ equity 45,742,491 45,881,931
Total liabilities and stockholders’ equity 50,329,403 50,583,431
Series B Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock 6,254 6,254
Series B-1 Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock 1,423 2,124
Customer Relationships [Member]    
Other Assets:    
Customer relationships $ 197,100 $ 262,800