Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 9

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 9
---
587,384  
    $(3,920,856) 
    $(44,456,980) 
    $(45,870,309) 
    $4,074,994  
    $38,537,534 
  
    Common stock issued for: 

    Services 
     14,352  
     144  
     39,606  
     -  
     -  
     -  
     -  
     39,750 
  
    Fair value 

    of options issued 
     -  
     -  
     101,424  
     -  
     -  
     -  
     -  
     101,424 
  
    Fair value of options issued 
     -  
     -  
     101,424  
     -  
     -  
     -  
     -  
     101,424 

    of subsidiary options issued 
     -  
     -  
     7,914  
     -  
     -  
     -  
     -  
     7,914 
  
    Foreign currency translation adjustment 
     -  
     -  
     -  
     -  
     -  
     364,389  
     77,604  
     441,993 
  
    Net income (loss) for
    the year 
     -  
     -  
     -  
     -  
     327,549  
     -  
     (11,679) 
     315,870 
  
    Balance at March 31,
    2024 
     12,344,271  
    $123,445  
    $128,736,328  
    $(3,920,856) 
    $(44,129,431) 
    $(45,505,920) 
    $4,140,919  
    $39,444,485 

Page 7

NETSOL
TECHNOLOGIES, INC. AND SUBSIDIARIES

Condensed
Consolidated Statement of Stockholders’ Equity

(Unaudited)

A
statement of the changes in equity for the three months ended December 31,