REVENUE (Tables)

9 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Based on similar operational characteristics, the Company's revenue is disaggregated as follows:

	Three months ended March 31,				Nine months ended March 31,
($ in thousands)	2022		2021		2022		2021
Transaction fees	$	27,509	$	21,002	$	80,704	$	61,133
Subscription fees	14,634		13,684		43,252		39,875
Subscription and transaction fees	42,143		34,686		123,956		101,008
Equipment sales	8,157		8,074		23,215		16,913
Total revenues	$	50,300	$	42,760	$	147,171	$	117,921

Disaggregation of revenues for the previously reported quarters for fiscal year-ended June 30, 2021 utilizing the above described methodology is presented as follows:

	Three months ended								Year ended June 30, 2021
($ in thousands)	September 30, 2020		December 31, 2020		March 31, 2021		June 30, 2021
Transaction fees	$	19,677	$	20,454	$	21,002	$	24,365	$	85,498
Subscription fees	13,431		12,760		13,684		13,869		53,744
Subscription and transaction fees	33,108		33,214		34,686		38,234		139,242
Equipment sales	3,769		5,071		8,074		10,783		27,697
Total revenues	$	36,877	$	38,285	$	42,760	$	49,017	$	166,939

Performance Obligations

The following table reflects the estimated fees to be recognized in the future related to performance obligations that are unsatisfied at the end of the period:

($ in thousands)	As of March 31, 2022
2022	$	3,677
2023	13,562
2024	9,434
2025	5,737
2026	3,837
Thereafter	1,223
Total	$	37,470

Contract Liability

The Company’s contract liability (i.e., deferred revenue) balances are as follows:

	Three months ended March 31,		Three months ended March 31,
($ in thousands)	2022		2021
Deferred revenue, beginning of the period	$	1,745	$	1,648
Deferred revenue, end of the period	1,970		1,670
Revenue recognized in the period from amounts included in deferred revenue at the beginning of the period	87		97

	Nine months ended March 31,		Nine months ended March 31,
($ in thousands)	2022		2021
Deferred revenue, beginning of the period	$	1,763	$	1,698
Deferred revenue, end of the period	1,970		1,670
Revenue recognized in the period from amounts included in deferred revenue at the beginning of the period	301		274