Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 2082

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 11
Chunk 2082
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46,319,603  
     47,462,083 
  
    Revenues
    in excess of billings, net - long term 
     903,766  
     954,029 
  
    Property
    and equipment, net 
     5,073,372  
     5,106,842 
  
    Right
    of use assets - operating leases 
     809,513  
     1,328,624 
  
    Other
    assets 
     32,331  
     32,340 
  
    Goodwill 
     9,302,524  
     9,302,524 
  
    Total
    assets 
    $62,441,109  
    $64,186,442 

    LIABILITIES
    AND STOCKHOLDERS’ EQUITY 

    Current
    liabilities: 

    Accounts
    payable and accrued expenses 
    $8,010,844  
    $8,232,342 
  
    Current
    portion of loans and obligations under finance leases 
     8,240,061  
     6,276,125 
  
    Current
    portion of operating lease obligations 
     433,242  
     608,202 
  
    Unearned
    revenue 
     3,029,850  
     8,752,153 
  
    Total
    current liabilities 
     19,713,997  
     23,868,822 
  
    Loans
    and obligations under finance leases; less current maturities 
     134,608  
     95,771 
  
    Operating
    lease obligations; less current maturities 
     333,374  
     688,749 
  
    Total
    liabilities 
     20,181,979  
     24,653,342 

    Stockholders’
    equity: 

    Preferred
    stock, $.01 par value; 500,000 shares authorized; 
     -  
     - 
  
    Common
    stock, $.01 par value; 18,000,000 shares authorized; 12,700,465 shares issued and 11,761,434  outstanding as of June 30,
    2025 , 12,359,922 shares issued and 11,420,891  outstanding