Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 46

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 46
---
 $391,290  
    $1,102,085  
    $1,351,239 
  
    Depreciation and amortization 
    $363,503  
    $391,290  
    $1,102,085  
    $1,351,239 

    Interest expense: 

    Corporate headquarters 
    $13,795  
    $12,028  
    $34,246  
    $24,687 
  
    Europe 
     -  
     508  
     12,059  
     6,984 
  
    Asia
    - Pacific 
     180,947  
     277,141  
     643,042  
     824,345 
  
    Consolidated 
    $194,742  
    $289,677  
    $689,347  
    $856,016 
  
    Interest
    expense 
    $194,742  
    $289,677  
    $689,347  
    $856,016 

    Income tax expense: 

    North America 
    $800  
    $800  
    $800  
    $800 
  
    Europe 
     -  
     -  
     -  
     (93,583)
  
    Asia
    - Pacific 
     150,534  
     145,769  
     711,965  
     511,300 
  
    Consolidated 
    $151,334  
    $146,569  
    $712,765  
    $418,517 
  
    Income tax expense 
    $151,334  
    $146,569  
    $712,765  
    $418,517 

    Page 30

NETSOL
                                            TECHNOLOGIES, INC.

Notes
to Condensed Consolidated Financial Statements

March
31, 2025

(Unaudited)

The
following table presents a summary of capital expenditures for the nine months ended March 31:

 SUMMARY OF CAPITAL EXPENDITURES

    2025  
    2024 

    For the Nine Months 

    Ended
    March 31, 

    2025  
    2024 
  
    Capital expenditures: 

    North America 
    $17,331