Company: NTWK
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021835
Chunk: 72

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 2
Chunk 72
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9,099,933  
     60.6% 
     8,034,386  
     55.0%
  
    Gross profit 
     5,911,990  
     39.4% 
     6,564,112  
     45.0%
  
    Operating expenses: 

    Selling, general and administrative 
     7,536,353  
     50.2% 
     6,964,321  
     47.7%
  
    Research and development cost 
     214,343  
     1.4% 
     359,949  
     2.5%
  
    Total operating expenses 
     7,750,696  
     51.6% 
     7,324,270  
     50.2%

    Income (loss) from operations 
     (1,838,706) 
     -12.2% 
     (760,158) 
     -5.2%
  
    Other income and (expenses) 

    Interest expense 
     (174,611) 
     -1.2% 
     (258,219) 
     -1.8%
  
    Interest income 
     280,974  
     1.9% 
     769,867  
     5.3%
  
    Gain (loss) on foreign currency exchange transactions 
     (286,917) 
     -1.9% 
     542,545  
     3.7%
  
    Other income 
     17,670  
     0.1% 
     153,491  
     1.1%
  
    Total other income (expenses) 
     (162,884) 
     -1.1% 
     1,207,684  
     8.3%

    Net income before income taxes 
     (2,001,590) 
     -13.3% 
     447,526  
     3.1%
  
    Income tax provision 
     (215,775) 
     -1.4% 
     (229,817) 
     -1.6%
  
    Net income 
     (2,217,365) 
     -14.8%