SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Sep. 30, 2019

Accounting Policies [Abstract]

Contract assets and liabilities

	Contract assets
Balance – June 30, 2019	$	4,682,799
Revenue recognized during the period but not billed		425,500
Amounts reclassified to accounts receivable		(595,168	)
Other
Balance – September 30, 2019	$	4,513,131	(1)

(1) Contract asset balances for September 30, 2019 include a current and a long-term contract asset, $3,024,821, and $1,488,310, respectively.

Disaggregation of revenues

	Contract liability
Balance –June 30, 2019	$	1,917,787
Amounts billed but not recognized as revenue		(399,431	)
Revenue recognized related to the opening balance of deferred revenue		437,069
Other		-
Balance – September 30, 2019	$	1,955,425

	For the Three Months Ended September 30, 2019
Geography	Subscription & support		Professional services		Transaction based		Total
North America	$	4,027,564	$	57,340	$	702,209		4,787,113
International		12,971		-		-		12,971
Total	$	4,040,535	$	57,340	$	702,209	$	4,800,084

Earnings per share

	Three Months Ended
	September 30,
	2019		2018
Numerator
Net income applicable to Common Stockholders	$	31,740	$	819,798
Denominator
Weighted average Common Stock outstanding, basic		19,811,000		19,786,000
Warrants to purchase Common stock		311,000		577,000
Weighted average Common Stock outstanding, diluted		20,122,000		20,363,000
Net income per share
Basic	$	0.00	$	0.04
Diluted	$	0.00	$	0.04