Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 90

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 8
Chunk 90
---
  
     511,452 
  
    General
    and administrative 
     755,194  
     4,059,517  
     8,502,694  
     13,317,405 
  
    Income
    (loss) from operations - reportable segments 
    $3,291,716  
    $(549,610) 
    $6,280,394  
    $9,022,500 

    Reconciliation: 

    Income
    (loss) from operations - reportable segments 

    $9,022,500 
  
    Corporate
    operating expenses 

     (5,520,782)
  
    Interest
    expense 

     (871,355)
  
    Interest
    income 

     1,871,040 
  
    Gain
    (loss) on foreign currency exchange transactions 

     1,301,613 
  
    Other
    income (expense) 

     244,241 
  
    Net
    income (loss) before income taxes 

    $6,047,257 

    F-36

NETSOL
TECHNOLOGIES, INC.

Notes
to Consolidated Financial Statements

June
30, 2025 and 2024

    Segment
    assets: 
    North
    America  
    Europe  
    Asia
    - Pacific  
    Total 

    As
    of 

    June
    30, 2025 
  
    Segment
    assets: 
    North
    America  
    Europe  
    Asia
    - Pacific  
    Total 
  
    Cash 
    $387,955  
    $1,138,048  
    $15,248,031  
    $16,774,034 
  
    Accounts
    receivable, net of allowance 
     581,872  
     1,084,418  
     5,861,282  
     7,527,572 
  
    Revenue
    in excess of billings, net of allowance 
     1,967,757  
     3,178,780  
     13,987,848  
     19,134,385 
  
    Other
    segment assets (b) 
     243,550  
     1,580,534