Company: NTWK
Filing Date: 2025-02-13
Form Type: 10-Q
Source: 0001493152-25-006348
Chunk: 23

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-02-13
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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 Company incurs few
direct incremental costs of obtaining new customer contracts. The Company rarely incurs incremental costs to review or otherwise enter
into contractual arrangements with customers. In addition, the Company’s sales personnel receive fees that are referred to as commissions,
but that are based on more than simply signing up new customers. The Company’s sales personnel are required to perform additional
duties beyond new customer contract inception dates, including fulfillment duties and collections efforts.

    Page 17

NETSOL
TECHNOLOGIES, INC. 

Notes
to Condensed Consolidated Financial Statements 

December
31, 2024 

(Unaudited)

NOTE
4 – EARNINGS PER SHARE

Basic earnings
per share are computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings
per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares
outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and
stock awards.

The components
of basic and diluted earnings per share were as follows: 

SCHEDULE OF DILUTIVE POTENTIAL COMMON SHARES

    For the three months ended December 31, 2024  
    For the six months ended December 31, 2024 

    Net Loss  
    Shares  
    Per Share  
    Net Loss  
    Shares  
    Per Share 
  
    Basic loss per share: 

    Net loss 
    $(1,147,042) 
     11,484,298  
    $(0.10) 
    $(1,076,247) 
     11,456,996  
    $(0.09)
  
    Effect of dilutive securities 

    Stock options 
     -  
     -  
     -  
     -  
     -  
     - 
  
    Diluted loss per share 
    $(1,147,042) 
     11,484,298  
    $(0.10) 
    $(1,076,247) 
     11,456,996  
    $(0.09)

    For the three months ended December 31, 2023  
    For the six months ended December 31, 2023 

    Net Income  
    Shares  
    Per Share