Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 841

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 3
Chunk 841
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 Current 

    Operating 
    $433,242  
    $608,202 

    Operating, Current 
    $433,242  
    $608,202 
  
    Non-current 

    Operating 
     333,374  
     688,749 

    Operating, Noncurrent 
     333,374  
     688,749 
  
    Total
    Lease Liabilities 
    $766,616  
    $1,296,951 

The
components of lease cost were as follows:

 SCHEDULE OF COMPONENTS OF LEASE COST

    2025  
    2024 

    For
    the Years 

    Ended
    June 30, 

    2025  
    2024 

    Amortization
    of finance lease assets 
    $37,228  
    $15,061 
  
    Interest
    on finance lease obligation 
     11,845  
     6,206 
  
    Operating
    lease cost 
     383,760  
     403,438 
  
    Short
    term lease cost 
     237,733  
     297,014 
  
    Sub
    lease income 
     (34,180) 
     (33,417)
  
    Total
    lease cost 
    $636,386  
    $688,302 

Lease
term and discount rate were as follows:

 SCHEDULE OF LEASE TERM AND DISCOUNT RATE

    As
    of  
    As
    of 

    June
    30, 2025  
    June
    30, 2024 

    Weighted
    average remaining lease term - Operating leases 
     1.44
                                            Years  
     1.99
                                            Years 

    Weighted
    average discount rate - Operating leases 
     4.8% 
     4.5%

    F-26

NETSOL
TECHNOLOGIES, INC.

Notes
to Consolidated Financial Statements

June
30, 2025 and 2024

Supplemental
disclosures of cash flow information related to leases were as follows:

 SCHEDULE OF SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION RELATED TO LEASES

    2025  
    2024