SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2019

Accounting Policies [Abstract]

Depreciation and amortization of property and equipment

	Years
Furniture and fixtures		5-7
Computer equipment		3
Equipment under capital leases		3
Long-term use equipment		10
Leasehold improvements	See below

Amortization of intangible assets

	Years
Customer relationships		10
Acquired developed software		5
Developed software		3
Goodwill	See below

Contract assets and liabilities

	Contract assets
Balance – June 30, 2018	$	4,696,861
Revenue recognized during the period but not billed		3,544,122
Amounts reclassified to accounts receivable		(3,558,184	)
Other		-
Balance – June 30, 2019	$	4,682,799	(1)

(1) Contract asset balances for June 30, 2019 include a current and a long-term contract asset, $3,023,694, and $1,659,110 respectively.

	Contract liability
Balance – June 30, 2018	$	2,335,286
Amounts billed but not recognized as revenue		66,525
Revenue recognized related to the opening balance of deferred revenue		(484,024	)
Other		-
Balance – June 30, 2019	$	1,917,787

Disaggregation of revenue

	For the Year Ended June 30, 2019
Geography	Subscription & support		Professional services		Transaction based		Total
North America	$	16,159,572	$	2,055,968	$	2,893,675	$	21,109,215
International		-		-		60,393		60,393
Total	$	16,159,572	$	2,055,968	$	2,954,068	$	21,169,608

Diluted EPS

	Year ended June 30,
	2019		2018
Numerator
Net income applicable to common shareholders	$	3,315,963	$	2,835,435
Denominator
Weighted average common shares outstanding, basic		19,849,000		19,581,000
Warrants to purchase Common Stock		519,000		699,000
Weighted average common shares outstanding, diluted		20,368,000		20,280,000
Net income per share
Basic	$	0.17	$	0.14
Diluted	$	0.16	$	0.14