Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 85

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 8
Chunk 85
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 ten years. As of June 30, 2025, the remaining shares to be granted are 998,109 under
the 2025 Plan.

    F-32

NETSOL
TECHNOLOGIES, INC.

Notes
to Consolidated Financial Statements

June
30, 2025 and 2024

Stock
Grants

The
following table summarizes stock grants awarded as compensation:

 SUMMARY OF UNVESTED STOCK GRANTS AWARDED AS COMPENSATION

    #
    Number of shares  
    Weighted
    Average Grant Date Fair Value ($) 

    Unvested,
    June 30, 2023 
     -  
    $- 
  
    Granted 
     75,035  
    $2.24 
  
    Vested 
     (75,035) 
    $2.24 
  
    Unvested,
    June 30, 2024 
     -  
    $- 
  
    Granted 
     120,543  
    $2.64 
  
    Vested 
     (120,543) 
    $2.64 
  
    Unvested,
    June 30, 2025 
     -  
    $- 

For
the years ended June 30, 2025 and 2024, the Company recorded compensation expense of $167,333 and $168,050, respectively. In addition,
59,528 shares were issued to the CEO for his bonus, which was earned during fiscal year 2024. The weighted average grant date fair value
is determined by the Company’s closing stock price on the grant date.

Common
stock purchase options consisted of the following:

OPTIONS:

 SCHEDULE OF COMMON STOCK PURCHASE OPTIONS

    #
    of shares  
    Weighted
    Average Exercise Price  
    Weighted
    Average Remaining Contractual Life (in years)  
    Aggregated
    Intrinsic Value 

    Outstanding
    and exercisable, June 30, 2023 
     -  
    $-  
        
    $- 
  
    Granted 
     250,000  
     2.15  
     0.5  

    Exercised 
     -  
     -  
     -  

    Expired
    / Cancelled 
     -  
     -