Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 2041

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 10
Chunk 2041
---

     952,331  
     952,331 
  
    Other
    (a) 
     3,497,607  
     4,836,247  
     3,366,994  
     11,700,848 
  
    Gross
    Profit 
     6,153,967  
     5,037,857  
     21,382,708  
     32,574,532 

    Selling
    and marketing 
     2,103,890  
     1,341,023  
     6,278,262  
     9,723,175 
  
    Depreciation 
     3,167  
     186,927  
     321,358  
     511,452 
  
    General
    and administrative 
     755,194  
     4,059,517  
     8,502,694  
     13,317,405 
  
    Income
    (loss) from operations - reportable segments 
    $3,291,716  
    $(549,610) 
    $6,280,394  
    $9,022,500 

    Reconciliation: 

    Income
    (loss) from operations - reportable segments 

    $9,022,500 
  
    Corporate
    operating expenses 

     (5,520,782)
  
    Interest
    expense 

     (871,355)
  
    Interest
    income 

     1,871,040 
  
    Gain
    (loss) on foreign currency exchange transactions 

     1,301,613 
  
    Other
    income (expense) 

     244,241 
  
    Net
    income (loss) before income taxes 

    $6,047,257 

    F-36

NETSOL
TECHNOLOGIES, INC.

Notes
to Consolidated Financial Statements

June
30, 2025 and 2024

    Segment
    assets: 
    North
    America  
    Europe  
    Asia
    - Pacific  
    Total 

    As
    of 

    June
    30, 2025 
  
    Segment
    assets: 
    North
    America  
    Europe