Company: NTWK
Filing Date: 2025-02-13
Form Type: 10-Q
Source: 0001493152-25-006348
Chunk: 77

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-02-13
Form: 10-Q
Item: Part I, Item 1
Chunk 77
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 – 15(f) and 15d – 15(f)).

Page 50

PART II OTHER INFORMATION

Item 1. Legal Proceedings

NA

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 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.

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

None.

 Item 6. Exhibits

    31.1
    Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (CEO)
  
    31.2
    Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (CFO)
  
    32.1
    Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (CEO)
  
    32.2
    Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (CFO)
  
    101.
    INS  Inline
    XBRL Instance Document
  
    101.
    SCH
    Inline XBRL Taxonomy Extension Schema Document
  
    101.
    CAL
    Inline XBRL Taxonomy Extension Calculation