Company: NTWK
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021835
Chunk: 61

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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RECENT
ACCOUNTING PRONOUNCEMENTS

For
information with respect to recent accounting pronouncements and the impact of these pronouncements on our consolidated financial statements,
see Note 2 of Notes to Condensed Consolidated Financial Statements included elsewhere in this Quarterly Report.

Item
3. Quantitative and Qualitative Disclosures about Market Risks.

None.

Item
4. Controls and Procedures 

Evaluation
of Disclosure Controls and Procedures 

Our
management, with the participation of our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our disclosure
controls and procedures pursuant to Rule 13a-15 under the Exchange Act, as of the end of the period covered by this Quarterly Report
on Form 10-Q. Based upon that evaluation, the Chief Financial Officer and Chief Executive Officer concluded that our disclosure controls
and procedures were effective.

Changes
in Internal Control over Financial Reporting 

There
were no changes in our internal controls over financial reporting during the three months ended September 30, 2025, that have materially
affected, or are reasonable likely to materially affect, the Company’s internal control over financial reporting (as defined in
Exchange Act Rules 13a – 15(f) and 15d – 15(f)).

Page 41

PART
II OTHER INFORMATION

Item
1. Legal Proceedings

NA

Item
1A. Risk Factors

As
of the date of this Quarterly Report on Form 10-Q, there have been no material changes from the risk factors disclosed in our Annual
Report on Form 10-K for the year ended June 30, 2025, filed with the SEC on September 29, 2025. Any of such factors could result in a
significant or material adverse effect on our result of operations or financial conditions. Additional risk factors not presently known
to us or that we currently deem immaterial may also impair our business or results of operations. We may disclose changes to such factors
or disclose additional factors from time to time in our future filings with the SEC.

Item
2. Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item
3. Defaults Upon Senior Securities

None.

Item
4. Mine Safety Disclosures

Not
applicable.

Item
5. Other Information

Insider
Trading Arrangements and Policies

During
the three months ended September 30, 2025, none of the Company’s directors or officers have adopted or terminated any Rule 10b5-1
trading arrangement