Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 465

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1B
Chunk 465
---

    of 

    June
    30, 2025  
    June
    30, 2024 

    Weighted
    average remaining lease term - Operating leases 
     1.44
                                            Years  
     1.99
                                            Years 

    Weighted
    average discount rate - Operating leases 
     4.8% 
     4.5%

    F-26

NETSOL
TECHNOLOGIES, INC.

Notes
to Consolidated Financial Statements

June
30, 2025 and 2024

Supplemental
disclosures of cash flow information related to leases were as follows:

 SCHEDULE OF SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION RELATED TO LEASES

    2025  
    2024 

    For
    the Years 

    Ended
    June 30, 

    2025  
    2024 

    Operating
    cash flows related to operating leases 
    $364,956  
    $322,953 

    Operating
    cash flows related to finance leases 
    $11,841  
    $6,203 

    Financing
    cash flows related finance leases 
    $15,109  
    $25,477 

Maturities
of operating lease liabilities were as follows as of June 30, 2025:

 SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

    Amount 
  
    Within
    year 1 
    $468,065 
  
    Within
    year 2 
     243,590 
  
    Within
    year 3 
     111,053 
  
    Within
    year 4 
     465 
  
    Total
    Lease Payments 
     823,173 
  
    Less:
    Imputed interest 
     (56,557)
  
    Present
    Value of lease liabilities 
     766,616 
  
    Less:
    Current portion 
     (433,242)
  
    Non-Current
    portion 
    $333,374 

The
Company is a lessor for certain office space leased by the Company and sub-leased to others under non-cancellable leases. These lease
agreements provide for a fixed base rent and terminate by January 2027. All leases are considered operating leases. There are no rights