Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 76

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 76
---
  
     11,369,778 
  
    Diluted 
     11,683,408  
     11,430,493  
     11,531,365  
     11,409,383 

    Basic adjusted EBITDA 
    $0.15  
    $0.07  
    $0.10  
    $0.18 
  
    Diluted adjusted EBITDA 
    $0.15  
    $0.07  
    $0.10  
    $0.18 

    (a)The reconciliation of adjusted EBITDA of
    non-controlling interest to net income attributable to non-controlling interest is as follows 

    Net Income (loss) attributable to non-controlling
    interest 
    $410,462  
    $(11,679) 
    $518,212  
    $822,993 
  
    Income Taxes 
     41,891  
     43,852  
     214,892  
     155,636 
  
    Depreciation and amortization 
     87,504  
     97,027  
     269,185  
     348,143 
  
    Interest expense 
     54,461  
     89,738  
     202,289  
     266,922 
  
    Interest
    (income) 
     (83,410) 
     (115,021) 
     (491,422) 
     (387,690)
  
    EBITDA 
    $510,908  
    $103,917  
    $713,156  
    $1,206,004 
  
    Add back: 

    Non-cash
    stock-based compensation 
     -  
     2,563  
     5,062  
     10,087 
  
    Adjusted EBITDA of non-controlling
    interest 
    $510,908  
    $106,480  
    $718,218  
    $1,216,091 

Page 49

LIQUIDITY
AND CAPITAL RESOURCES 

Our
cash position was $18,774,739 at March 31, 2025, compared to $19,127,165 at June 30, 2024.

Net
cash