Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 358

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1A
Chunk 358
---
     6,941,920  
     8,769,375 
  
    Total
    segment assets 
    $1,450,042  
    $5,938,284  
    $46,687,207  
    $54,075,533 

    Asset
    Reconciliation 

    Total
    assets for reportable segments 

     54,075,533 
  
    Corporate
    assets 

     808,385 
  
    Goodwill
    not allocated to segments 

     9,302,524 
  
    Consolidated
    total 

    $64,186,442 

    North
    America  
    Europe  
    Asia
    - Pacific  
    Total 

    For
    the year ended June 30, 2024 

    North
    America  
    Europe  
    Asia
    - Pacific  
    Total 
  
    Expenditures
    for property, plant and equipment 
    $-  
    $179,102  
    $336,302  
    $515,404 

(a)Other costs of
goods sold include computer costs, third-party hardware and software costs, repair and maintenance, insurance, utilities, and communication
expenses.

(b)Other assets include
property and equipment, right of use of assets, advances, deposits, and prepayments.

    F-39

NETSOL
TECHNOLOGIES, INC.

Notes
to Consolidated Financial Statements

June
30, 2025 and 2024

Geographic
Information

Disclosed
in the table below is geographic information for each country that comprised greater than five percent of total revenues for the years
ended June 30, 2025 and 2024.

 SCHEDULE OF GEOGRAPHIC INFORMATION

    June 30, 2025  
    June 30, 2024 

    Revenue  
    Long-lived
    Assets  
    Revenue  
    Long-lived
    Assets 

    China 
    $17,043,193  
    $108,837  
    $20,747,744  
    $354,122 
  
    Thailand 
     2,745,299  
     585,401  
     3,636,153  
     929,651 
  
    USA 
     10,763,285