Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 103

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 103
---
4,160,480  
     4,323,662 
  
    Accrued Payroll 
     1,156,727  
     1,392,112 
  
    Accrued Payroll Taxes 
     199,736  
     215,197 
  
    Taxes Payable 
     175,808  
     634,035 
  
    Other Payable 
     310,737  
     240,406 
  
    Total 
    $7,097,343  
    $8,232,342 

NOTE
12 – DEBTS

Notes
payable and finance leases consisted of the following:

 SCHEDULE OF COMPONENTS OF NOTES PAYABLE AND CAPITAL LEASES

    As
    of March 31, 2025 

    Current  
    Long-Term 
  
    Name 
      
    Total  
    Maturities  
    Maturities 

    D&O Insurance 
    (1) 
    $226,199  
    $226,199  
    $- 
  
    Line of Credit 
    (2) 
     405,000  
     405,000  
     - 
  
    Bank Overdraft Facility 
    (3) 
     -  
     -  
     - 
  
    Loan Payable Bank - Export Refinance 
    (4) 
     1,788,205  
     1,788,205  
     - 
  
    Loan Payable Bank - Running Finance 
    (5) 
     -  
     -  
     - 
  
    Loan Payable Bank - Export Refinance II 
    (6) 
     1,359,036  
     1,359,036  
     - 
  
    Loan Payable Bank - Export Refinance III 
    (7) 
     4,649,333  
     4,649,333  
     - 
  
    Sale and Leaseback Financing 
    (8) 
     18,980  
     18,980  
     - 
  
    Short Term Financing 
    (9) 
     -  
     -  
     - 

     8,446,753  
     8,446,753  
     -