Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 2084

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 11
Chunk 2084
---
 expenses: 

    Selling,
    general and administrative 
     27,796,936  
     24,388,714 
  
    Research
    and development cost 
     1,275,878  
     1,402,601 
  
    Total
    operating expenses 
     29,072,814  
     25,791,315 

    Income
    (loss) from operations 
     3,501,718  
     3,493,555 

    Other
    income and (expenses) 

    Interest
    expense 
     (871,355) 
     (1,142,166)
  
    Interest
    income 
     1,871,040  
     1,911,258 
  
    Gain
    (loss) on foreign currency exchange transactions 
     1,301,613  
     (1,187,320)
  
    Other
    income 
     244,241  
     148,120 
  
    Total
    other income (expenses) 
     2,545,539  
     (270,108)

    Net
    income before  income taxes 
     6,047,257  
     3,223,447 
  
    Income
    tax provision 
     (1,476,338) 
     (1,145,518)
  
    Net
    income 
     4,570,919  
     2,077,929 
  
    Non-controlling
    interest 
     (1,647,686) 
     (1,394,056)
  
    Net
    income attributable to NetSol 
    $2,923,233  
    $683,873 

    Net
    income per share: 

    Net
    income per common share 

    Basic 
    $0.25  
    $0.06 
  
    Diluted 
    $0.25  
    $0.06 

    Weighted
    average number of shares outstanding 

    Basic 
     11,576,287  
     11,378,595 
  
    Diluted 
     11,576,287  
     11,421,940 

The
accompanying notes are an integral part of these consolidated financial statements.

F-4

NETS