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Consolidated Statements of Operations and Other Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]        
Revenue $ 8,500,469 $ 7,659,348 $ 25,066,056 $ 22,882,648
Cost of revenue 5,736,320 5,626,081 16,986,353 16,876,480
Gross Profit 2,764,149 2,033,267 8,079,703 6,006,168
Operating Expenses:        
Software development costs (1,376) 601,186 313,288 601,186
Salaries and benefits 469,475 216,498 928,366 1,005,130
General and administrative expenses 1,066,313 37,473 3,043,555 707,215
Total Operating Expenses 1,534,412 855,157 4,285,209 2,313,531
Operating Income (Loss) 1,229,737 1,178,110 3,794,494 3,692,637
Other (Expense) Income:        
Interest expense (76,296) (407,773) (254,604) (525,512)
Amortization of debt discounts, deferred financing costs, and original issue discounts (995,753) (477,168) (3,072,802) (971,352)
Loss on debt extinguishments and settlements (134,428) (430,548) (249,625) (399,278)
Loss on AR Factoring agreement (1,040,000) (1,040,000)
Initial derivative liability expense (1,874,840) (2,240,908)
Gain on change in fair value of derivative liability 2,347,504 2,505,404
Total Other (Expense) Income (2,246,477) (842,825) (4,617,031) (1,631,646)
(Loss) income before income taxes (1,016,740) 335,285 (822,537) 2,060,991
Income taxes
Net (loss) income (1,016,740) 335,285 (822,537) 2,060,991
Comprehensive (loss) income:        
Unrealized gain (loss) on currency translation adjustment 15,387 8,290 30,019 (21,735)
Comprehensive (loss) income $ (1,001,353) $ 343,575 $ (792,518) $ 2,039,256
(Loss) Income per common share:        
(Loss) income per common share – basic $ (0.01) $ 0.00 $ (0.01) $ 0.03
(Loss) income per common share – diluted $ (0.01) $ 0.00 $ (0.01) $ 0.03
Weighted average shares outstanding – basic 83,489,922 77,012,310 80,842,605 71,357,141
Weighted average shares outstanding – diluted 83,489,922 81,530,897 80,842,605 74,463,385