Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 948

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 4
Chunk 948
---
    $954,029  
    $954,029 
  
    Total 
    $      -  
    $      -  
    $954,029  
    $954,029 

    F-13

NETSOL
TECHNOLOGIES, INC.

Notes
to Consolidated Financial Statements

June
30, 2025 and 2024

The
reconciliation for the years ended June 30, 2025 and 2024 is as follows:

SCHEDULE OF FAIR VALUE OF FINANCIAL INSTRUMENTS RECONCILIATION

    Revenues
                                            in excess of
                                                                               billings
                                            - long term  
    Fair
    value discount  
    Total 
  
    Balance
    at June 30, 2023 
    $-  
    $-  
    $- 
  
    Additions 
     1,107,853  
     (194,827) 
     913,026 
  
    Amortization
    during the period 
     -  
     42,814  
     42,814 
  
    Effect
    of Translation Adjustment 
     (1,378) 
     (433) 
     (1,811)
  
    Balance
    at June 30, 2024 
    $1,106,475  
    $(152,446) 
    $954,029 
  
    Additions 
     559,032  
     (128,921) 
     430,111 
  
    Amortization
    during the period 
     -  
     73,066  
     73,066 
  
    Transfers
    to short term 
     (521,875) 
     -  
     (521,875)
  
    Effect
    of Translation Adjustment 
     (31,829) 
     264  
     (31,565)
  
    Balance
    at June 30, 2025 
    $1,111,803  
    $(208,037) 
    $903,766 

The
Company used the discounted cash flow method with interest rates ranging from 4.2% to 17.5%, for the year ended June 30, 2025 and 2024.

Unearned
Revenue

Unearned
revenue represents bill