Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1756

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 9A
Chunk 1756
---
    As
    of 

    June
    30, 2024 
  
    Segment
    assets: 
    North
    America  
    Europe  
    Asia
    - Pacific  
    Total 
  
    Cash 
    $435,995  
    $955,707  
    $17,226,295  
    $18,617,997 
  
    Accounts
    receivable, net of allowance 
     511,816  
     2,433,951  
     10,103,847  
     13,049,614 
  
    Revenue
    in excess of billings, net of allowance 
     131,461  
     1,091,941  
     12,415,145  
     13,638,547 
  
    Other
    segment assets (b) 
     370,770  
     1,456,685  
     6,941,920  
     8,769,375 
  
    Total
    segment assets 
    $1,450,042  
    $5,938,284  
    $46,687,207  
    $54,075,533 

    Asset
    Reconciliation 

    Total
    assets for reportable segments 

     54,075,533 
  
    Corporate
    assets 

     808,385 
  
    Goodwill
    not allocated to segments 

     9,302,524 
  
    Consolidated
    total 

    $64,186,442 

    North
    America  
    Europe  
    Asia
    - Pacific  
    Total 

    For
    the year ended June 30, 2024 

    North
    America  
    Europe  
    Asia
    - Pacific  
    Total 
  
    Expenditures
    for property, plant and equipment 
    $-  
    $179,102  
    $336,302  
    $515,404 

(a)Other costs of
goods sold include computer costs, third-party hardware and software costs, repair and maintenance, insurance, utilities, and communication
expenses.

(b)Other assets include
property and equipment, right of use of assets, advances, deposits, and prepayments.

    F-39

NETSOL
TECHNO