Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 104

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 104
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    Subsidiary Finance
    Leases 
    (10) 
     100,038  
     13,238  
     86,800 

    $8,546,791  
    $8,459,991  
    $86,800 

    As
    of June 30, 2024 

    Current  
    Long-Term 
  
    Name 
      
    Total  
    Maturities  
    Maturities 

    D&O Insurance 
    (1) 
    $124,314  
    $124,314  
    $- 
  
    Line of Credit 
    (2) 
     -  
     -  
     - 
  
    Bank Overdraft Facility 
    (3) 
     -  
     -  
     - 
  
    Loan Payable Bank - Export Refinance 
    (4) 
     1,796,558  
     1,796,558  
     - 
  
    Loan Payable Bank - Running Finance 
    (5)
     -  
     -  
     - 
  
    Loan Payable Bank - Export Refinance II 
    (6) 
     1,365,384  
     1,365,384  
     - 
  
    Loan Payable Bank - Export Refinance III 
    (7) 
     2,515,181  
     2,515,181  
     - 
  
    Sale and Leaseback Financing 
    (8) 
     56,842  
     47,158  
     9,684 
  
    Short Term Financing 
    (9) 
     412,655  
     412,655  
     - 

     6,270,934  
     6,261,250  
     9,684 
  
    Subsidiary Finance
    Leases 
    (10) 
     100,962  
     14,875  
     86,087 

    $6,371,896  
    $6,276,125  
    $95,771 

(1)The Company finances
Directors’ and Officers’ (“D&O”) liability insurance and Errors and Omissions (“E&O