SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2021

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, 2020	$	3,139,480
Revenue recognized during the period but not billed		-
Amounts reclassified to accounts receivable		(1,391,313	)
Other		(90,306	)
Balance – June 30, 2021	$	1,657,861	(1)

	Contract liability
Balance – June 30, 2020	$	1,845,347
Amounts billed but not recognized as revenue		1,665,648
Revenue recognized related to the opening balance of deferred revenue		(1,755,654	)
Other		-
Balance – June 30, 2021	$	1,755,341

Disaggregation of revenue

	Year Ended, June 30
	2021		2020			Chg $				Chg %
Recurring - Subscription, Support and Services	$	17,733,134		$	16,043,245		$	1,689,889			11	%
Non - Recurring - Services		37,121			849,288			(812,167	)		-96	%
Non - Recurring - License		-			218,250			(218,250	)		-100	%
Transaction Based - Marketplace		3,236,821			2,927,271			309,550			11	%
Total	$	21,007,076		$	20,038,054		$	969,022			5	%

Diluted EPS

	Year ended June 30,
	2021		2020
Numerator
Net income applicable to common shareholders	$	3,530,951	$	1,006,825
Denominator
Weighted average common shares outstanding, basic		19,502,000		19,651,000
Warrants to purchase Common Stock		252,000		212,000
Weighted average common shares outstanding, diluted		19,754,000		19,863,000
Net income per share
Basic	$	0.18	$	0.05
Diluted	$	0.18	$	0.05