Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 2101

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 11
Chunk 2101
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 overtime on a monthly basis.

Disaggregated
Revenue

The
Company disaggregates revenue from contracts with customers by category -- core and non-core, as it believes it best depicts how the
nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.

    F-18

NETSOL
TECHNOLOGIES, INC.

Notes
to Consolidated Financial Statements

June
30, 2025 and 2024

The
Company’s disaggregated revenue by category is as follows:

 SCHEDULE
OF DISAGGREGATED REVENUE BY CATEGORY

    2025  
    2024 

    For
    the Years 

    Ended
    June 30, 

    2025  
    2024 
  
    Core: 

    License 
    $598,633  
    $5,449,991 
  
    Subscription
    and support 
     32,934,648  
     27,952,768 
  
    Services 
     28,921,965  
     22,526,010 
  
    Total
    core revenue, net 
     62,455,246  
     55,928,769 

    Non-Core: 

    Services 
     3,632,983  
     5,464,322 
  
    Total
    non-core revenue, net 
     3,632,983  
     5,464,322 

    Total
    net revenue 
    $66,088,229  
    $61,393,091 

Significant
Judgments

More
judgments and estimates are required under Topic 606 than were required under Topic 605. Due to the complexity of
certain contracts, the actual revenue recognition treatment required under Topic 606 for the Company’s arrangements may be
dependent on contract-specific terms and may vary in some instances.

Judgment
is required to determine the SSP for each distinct performance obligation. The Company rarely licenses or sells products on a stand-alone
basis, so the Company is required to estimate the range of SSPs for each performance obligation. In instances where SSP is not directly
observable because the Company does not sell the license, product or service separately, the Company determines the SSP using
information that may include market conditions and other observable inputs. In making