SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Contract assets and liabilities

	Contract assets
Balance – September 30, 2020	$	3,441,989
Revenue recognized during the period but not billed		-
Amounts reclassified to accounts receivable		(1,008,375	)
Other		-
Balance – December 31, 2020	$	2,433,614	(1)

(1) Contract asset balances for December 31, 2020 include a current and a long-term contract asset, $2,122,958, and $310,656, respectively.

	Contract liability
Balance – September 30, 2020	$	1,951,467
Amounts billed but not recognized as revenue		1,265,788
Revenue recognized related to the opening balance of deferred revenue		(1,608,775	)
Other		-
Balance – December 31, 2020	$	1,608,480

Disaggregation of revenues

	For the Six Months Ended December 31, 2020
Geography	Subscription & support		Professional services		Transaction based		Total
North America	$	8,143,089	$	116,663	$	2,139,854	$	10,399,606
International		—		—		—		—
Total	$	8,143,089	$	116,663	$	2,139,854	$	10,399,606

Earnings per share

	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2020		2019		2020		2019
Numerator
Net income applicable to common shareholders	$	1,476,248	$	516,492	$	1,884,463	$	548,232
Denominator
Weighted average common shares outstanding, basic		19,526,000		19,741,000		19,508,000		19,775,000
Warrants to purchase common stock		190,000		311,000		145,000		258,000
Weighted average common shares outstanding, diluted		19,716,000		20,052,000		19,653,000		20,033,000
Net income per share
Basic	$	0.08	$	0.03	$	0.10	$	0.03
Diluted	$	0.08	$	0.03	$	0.10	$	0.03