Company: NTWK
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021835
Chunk: 35

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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     208,731 
  
    Other (a) 
     501,302  
     918,027  
     1,070,946  
     2,490,275 
  
    Gross Profit 
     1,060,691  
     1,185,929  
     3,665,370  
     5,911,990 

    Selling and marketing 
     637,561  
     395,008  
     1,907,598  
     2,940,167 
  
    Depreciation 
     1,594  
     44,608  
     69,673  
     115,875 
  
    General and administrative 
     299,026  
     889,577  
     2,272,570  
     3,461,173 
  
    Income (loss) from operations - reportable segments 
    $122,510  
    $(143,264) 
    $(584,471) 
    $(605,225)

    Reconciliation: 

    Income (loss) from operations - reportable segments 

    $(605,225)
  
    Corporate operating expenses 

     (1,233,481)
  
    Interest expense 

     (174,611)
  
    Interest income 

     280,974 
  
    Gain (loss) on foreign currency exchange transactions 

     (286,917)
  
    Other income (expense) 

     17,670 
  
    Net income (loss) before income taxes 

    $(2,001,590)

    North America 
     
    Europe 
     
    Asia - Pacific 
     
    Total

    As of 

    September 30, 2025 

    North America 
     
    Europe 
     
    Asia - Pacific 
     
    Total
  
    Segment assets: 

    Cash 
    $194,594  
    $937,579  
    $21,035,388  
    $22,167,561 
  
    Accounts receivable, net of allowance 
     827,171  
     1,996,084  
     3,497,733  
     6,320,988 
  
    Revenue in excess of billings, net of allowance 
     1,547,541