Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 8

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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     21,500 
  
    Common stock issued for: 

    Services 
     13,950  
     140  
     39,610  
     -  
     -  
     -  
     -  
     39,750 
  
    Fair value of subsidiary options issued 
     -  
     -  
     8,029  
     -  
     -  
     -  
     -  
     8,029 
  
    Acquisition of non-controlling interest in
    subsidiary 
     -  
     -  
     (143,014) 
     -  
     -  
     -  
     135,119  
     (7,895)
  
    Foreign currency translation adjustment 
     -  
     -  
     -  
     -  
     -  
     (113,407) 
     41,224  
     (72,183)
  
    Net income (loss) for
    the year 
     -  
     -  
     -  
     -  
     70,795  
     -  
     146,914  
     217,709 
  
    Balance at September
    30, 2024 
     12,383,872  
    $123,842  
    $128,709,890  
    $(3,920,856) 
    $(44,141,518) 
    $(46,049,023) 
    $5,017,675  
    $39,740,010 

A
statement of the changes in equity for the three months ended March 31, 2024 is provided below:

    Additional  

    Other  
    Non  
    Total 

    Common
    Stock  
    Paid-in  
    Treasury  
    Accumulated  
    Comprehensive  
    Controlling  
    Stockholders’ 

    Shares  
    Amount  
    Capital  
    Shares  
    Deficit  
    Loss  
    Interest  
    Equity 
  
    Balance at December 31, 2023 
     12,329,919  
    $123,301  
    $128,