Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1755

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 9A
Chunk 1755
---

     2,728,246  
     2,943,442 
  
    Depreciation 
     -  
     -  
     1,144,809  
     1,144,809 
  
    Other
    (a) 
     1,550,465  
     2,911,441  
     2,996,622  
     7,458,528 
  
    Gross
    Profit 
     2,700,881  
     5,130,222  
     21,453,767  
     29,284,870 

    Selling
    and marketing 
     1,395,827  
     933,203  
     4,833,083  
     7,162,113 
  
    Depreciation 
     1,712  
     231,018  
     344,261  
     576,991 
  
    General
    and administrative 
     690,194  
     4,063,242  
     7,746,462  
     12,499,898 
  
    Income
    (loss) from operations - reportable segments 
    $613,148  
    $(97,241) 
    $8,529,961  
    $9,045,868 

    Reconciliation: 

     Income
    (loss) from operations - reportable segments 

    $9,045,868 
  
    Corporate
    operating expenses 

     (5,552,313)
  
    Interest
    expense 

     (1,142,166)
  
    Interest
    income 

     1,911,258 
  
     Gain
    (loss) on foreign currency exchange transactions 

     (1,187,320)
  
    Other
    income (expense) 

     148,120 
  
    Net
    income (loss) before income taxes 

    $3,223,447 

    F-38

NETSOL
TECHNOLOGIES, INC.

Notes
to Consolidated Financial Statements

June
30, 2025 and 2024

    Segment
    assets: 
    North
    America  
    Europe  
    Asia
    - Pacific  
    Total