Disaggregation of Revenue

3 Months Ended

Sep. 30, 2024

Disaggregation of Revenue [Abstract]

Disaggregation of Revenue

Note 4 - Disaggregation of Revenue

Disaggregation of Revenue

The Company recognizes revenue when control of the promised products or services is transferred to its customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those products or services. The Company derives revenue from software sales. The Company’s revenue from contracts with customers are mainly sourced from the United Kingdom, Switzerland, France, and Italy.

Revenues consisted of the following:

	For the Three Months Ended September 30,
	2024 (Unaudited)		2023 (Unaudited)
Recurring revenue	$	61,202	$	49,826
Non-recurring revenue		40,767		48,082
	$	101,969	$	97,908

	For the Three Months Ended September 30,
	2024 (Unaudited)		2023 (Unaudited)
Revenue recognized at a point in time (1)	$	40,767	$	48,082
Revenue recognized over time (2)		61,202		49,826
Total	$	101,969	$	97,908

(1) Software’s performance obligation is satisfied at a point in time when access to the software is provided to the customer.

(2) Performance obligation from right to access software sales is satisfied evenly over the service period using a time-based measure because the Company is providing continuous access to its service and service is recognized over time.