Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 7

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 7
---
-  
     -  
     -  
     -  
     (306,799) 
     (306,799)
  
    Foreign currency translation adjustment 
     -  
     -  
     -  
     -  
     -  
     (138,743) 
     (47,171) 
     (185,914)
  
    Net income (loss) for
    the year 
     -  
     -  
     -  
     -  
     (1,147,042) 
     -  
     (39,164) 
     (1,186,206)
  
    Balance at December
    31, 2024 
     12,589,046  
    $125,894  
    $129,194,697  
    $(3,920,856) 
    $(45,288,560) 
    $(46,187,766) 
    $4,592,554  
    $38,515,963 

Page 6

NETSOL
TECHNOLOGIES, INC. AND SUBSIDIARIES

Condensed
Consolidated Statement of Stockholders’ Equity

(Unaudited)

A
statement of the changes in equity for the three months ended September 30, 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 June 30, 2024 
     12,359,922  
    $123,602  
    $128,783,865  
    $(3,920,856) 
    $(44,212,313) 
    $(45,935,616) 
    $4,694,418  
    $39,533,100 
  
    Exercise of common stock options 
     10,000  
     100  
     21,400  
     -  
     -  
     -  
     -