Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1749

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 9A
Chunk 1749
---

NETSOL
TECHNOLOGIES, INC.

Notes
to Consolidated Financial Statements

June
30, 2025 and 2024

The
following table summarizes information about stock options outstanding and exercisable at June 30, 2025.

 SUMMARY OF STOCK OPTIONS OUTSTANDING

    Exercise
    Price 
    Number
    Outstanding and Exercisable  
    Weighted
    Average Remaining Contractual Life  
    Weighted
    Average Exercise Price 
  
    OPTIONS: 

    $2.94 
     50,000  
     1.89  
    $2.94 
  
    Totals 
     50,000  
     1.89  
    $2.94 

OPTIONS

During
the year ended June 30, 2025, the Company granted 50,000
options to a consultant with an exercise price of $2.94
per share, a 2 two-year
expiration date, and immediate vesting. Using the Black-Scholes method to value the options, the Company recorded $25,149
in compensation expense for these options in the accompanying consolidated financial statements.

During
the year ended June 30, 2024, the Company granted 250,000
options to officers and employees with an exercise price of $2.15
per share, a 1 one-year expiration date, and immediate vesting. Using the Black-Scholes method to value the options, the Company
recorded $101,424
in compensation expense for these options in the accompanying consolidated financial statements. The fair market value was
calculated using the Black-Scholes option pricing model.

The
following table includes the assumptions used in the calculations:

 SCHEDULE
OF SHARE OPTION ASSUMPTIONS

    June
    30, 2025  
    June
    30, 2024 
  
    Risk-free
    interest rate 
     3.99% 
     5.24%
  
    Expected
    life 
     1
                                            year  
     6
                                            months 
  
    Expected
    volatility 
     38.8% 
     63.60%
  
    Expected
    dividend 
     0% 
     0%

In
determining the fair value of share options, the Company utilized the simplified method to estimate the expected term
for certain share option grants