Company: NTWK
Filing Date: 2025-02-13
Form Type: 10-Q
Source: 0001493152-25-006348
Chunk: 39

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-02-13
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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4 and the exercise price of the in-the-money stock options.

The following table summarizes
information about stock options outstanding and exercisable at December 31, 2024.

SUMMARY OF STOCK OPTIONS OUTSTANDING 

    Exercise Price 
    Number Outstanding and Exercisable  
    Weighted Average Remaining Contractual Life  
    Weighted Average Exercise Price 
  
    OPTIONS: 

    $2.15 
     50,000  
     0.003  
    $2.15 
  
    $2.15 
     50,000  
     0.003  
    $2.15 
  
    Totals 
     50,000  
     0.003  
    $2.15 

NOTE 15– OPERATING
SEGMENTS 

The Company
has identified three segments for its products and services; North America, Europe and Asia-Pacific. Our reportable segments are business
units located in different global regions. Each business unit provides similar products and services; license fees for leasing and asset-based
software, related maintenance fees, and implementation and IT consulting services. Separate management of each segment is required because
each business unit is subject to different operational issues and strategies due to their particular regional location. The Company accounts
for intra-company sales and expenses as if the sales or expenses were to third parties and eliminates them in the consolidation.

    Page 27

NETSOL
TECHNOLOGIES, INC. 

Notes
to Condensed Consolidated Financial Statements 

December
31, 2024 

(Unaudited)

The following table presents
a summary of identifiable assets as of December 31, 2024 and June 30, 2024:

SUMMARY OF IDENTIFIABLE ASSETS 

    As of  
    As of 

    December 31, 2024  
    June 30, 2024 
  
    Identifiable assets: 

    Corporate headquarters 
    $906,828  
    $808,385 
  
    North America 
     7,246,715  
     6,114,142 
  
    Europe 
     8,516,144  
     9,410,098 
  
    Asia - Pacific 
     42,400,442  
     47,853,817 
  
    Consolidated 
    $59,070,129  
    $64,186,442