Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1811

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 9B
Chunk 1811
---

  
    Purchase
    of subsidiary shares 
     (8,878) 
     - 
  
    Net
    cash used in investing activities 
     (1,274,865) 
     (291,538)

    Cash
    flows from financing activities: 

    Proceeds
    from the exercise of stock options and warrants 
     473,000  
     - 
  
    Proceeds
    from exercise of subsidiary options 
     13,728  
     - 
  
    Dividend
    paid by subsidiary to non-controlling interest 
     (306,799) 
     - 
  
    Purchase
    of subsidiary treasury stock 
     (1,503,662) 
     - 
  
    Proceeds
    from bank loans 
     2,920,149  
     756,936 
  
    Payments
    on finance lease obligations and loans - net 
     (773,535) 
     (517,385)
  
    Net
    cash provided by financing activities 
     822,881  
     239,551 
  
    Effect
    of exchange rate changes 
     (1,764,504) 
     736,510 
  
    Net
    increase (decrease) in cash and cash equivalents 
     (1,769,221) 
     3,593,911 
  
    Cash
    and cash equivalents at beginning of the period 
     19,127,165  
     15,533,254 
  
    Cash
    and cash equivalents at end of period 
    $17,357,944  
    $19,127,165 

The
accompanying notes are an integral part of these consolidated financial statements.

F-8

NETSOL
TECHNOLOGIES, INC. AND SUBSIDIARIES 

Consolidated
Statements of Cash Flows (Continued)

    For
    the Years 

    Ended
    June 30, 

    2025  
    2024 
  
    SUPPLEMENTAL
    DISCLOSURES: 

    Cash
    paid during the period for: 

    Interest 
    $841,962  
    $1,576,454 
  
    Taxes 
    $1,412,245  
    $704,868 

    NON-CASH
    INVEST