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Consolidated Balance Sheets - USD ($)
Jun. 30, 2021
Jun. 30, 2020
Current Assets:    
Cash $ 24,070,322 $ 20,345,330
Receivables, net of allowance for doubtful accounts of $234,693 and $251,954 at June 30, 2021 and 2020, respectively 3,891,699 4,007,316
Contract asset - unbilled current portion 1,248,936 2,300,754
Prepaid expense and other current assets 490,817 495,511
Total current assets 29,701,774 27,148,911
Property and equipment, net 2,589,194 3,003,402
Other Assets:    
Deposits, and other assets 22,414 22,414
Prepaid expense - less current portion 47,987 77,030
Contract asset - unbilled long-term portion 408,925 838,726
Operating lease-right-of-use asset 695,371 781,137
Customer relationships 525,600 657,000
Goodwill 20,883,886 20,883,886
Capitalized software costs, net 171,732 18,539
Total other assets 22,755,915 23,278,732
Total assets 55,046,883 53,431,045
Current liabilities:    
Accounts payable 467,194 407,497
Accrued liabilities 988,092 1,123,528
Contract liability - deferred revenue 1,755,341 1,845,347
Line of credit 6,000,000 4,660,000
Operating lease liability - current 90,156 85,767
Current portion of notes payable 0 310,242
Current portion of paycheck protection program loan 0 479,866
Total current liabilities 9,300,783 8,912,247
Long-term liabilities:    
Operating lease liability - less current portion 605,214 695,369
Notes payable, less current portion 0 610,512
Paycheck protection program loans 0 629,484
Total liabilities 9,905,997 10,847,612
Commitments and contingencies
Stockholders' equity:    
Preferred stock
Common Stock, $0.01 par value, 50,000,000 shares authorized; 19,351,935 and 19,484,485 issued and outstanding at June 30, 2021 and 2020, respectively 193,522 194,847
Additional paid-in capital 74,298,924 75,271,097
Accumulated deficit (29,359,938) (32,890,889)
Total stockholders' equity 45,140,886 42,583,433
Total liabilities and stockholders' equity 55,046,883 53,431,045
Series B Preferred    
Stockholders' equity:    
Preferred stock 6,254 6,254
Series B-1 Preferred    
Stockholders' equity:    
Preferred stock $ 2,124 $ 2,124