Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 190

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part II, Item 1
Chunk 190
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Item
1A. Risk Factors

Other
than stated below, 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, 2024, filed with the SEC on September 30, 2024. 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.

The
imposition of tariffs on China and threatened tariffs on other US trading partners may affect the price of consumer goods including vehicles
amongst others, negatively affecting the profitability of many of our customers. Unilateral trade actions by the US may also result in
companies from affected countries being unwilling to enter into agreements with US based or owned companies resulting in a potential
decline in revenue.

Recent
escalation of hostilities between India and Pakistan may lead to instability in the region impacting our subsidiary in Lahore, Pakistan.
While the Company has instituted disaster recovery plans and created redundancies in operations and delivery, hostilities directly affecting
Lahore could have a negative impact on the Company.

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 March 31, 2025, none of the Company’s directors or officers have adopted or terminated any Rule 10b5-1 trading
arrangement or non-Rule 10b5-1 trading arrangement as such terms are defined in Item 408 of Regulation S-K of the Securities Act of 1933,
as amended. The Company’s insider trading policy is contained in our Code of Ethics, which has been filed as an exhibit to our
Form 10K and is available on our website at https://ir.netsoltech.com/governance-docs.

Item
6. Exhibits

  31.1
  Certification
  pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (CEO)