Company: NTWK
Filing Date: 2025-02-13
Form Type: 10-Q
Source: 0001493152-25-006348
Chunk: 105

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-02-13
Form: 10-Q
Item: Part I, Item 2
Chunk 105
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     566,339 
  
    Interest (income) 
     (529,072) 
     (468,280) 
     (1,298,939) 
     (882,998)
  
    EBITDA 
    $(774,693) 
    $1,384,073  
    $(472,818) 
    $2,189,116 
  
    Add back: 

    Non-cash stock-based compensation 
     47,355  
     51,433  
     95,134  
     111,787 
  
    Adjusted EBITDA, gross 
    $(727,338) 
    $1,435,506  
    $(377,684) 
    $2,300,903 
  
    Less non-controlling interest (a) 
     (61,529) 
     (710,171) 
     (207,310) 
     (1,109,611)
  
    Adjusted EBITDA, net 
    $(788,867) 
    $725,335  
    $(584,994) 
    $1,191,292 

    Weighted Average number of shares outstanding 

    Basic 
     11,484,298  
     11,372,819  
     11,456,996  
     11,359,338 
  
    Diluted 
     11,484,298  
     11,372,819  
     11,456,996  
     11,359,338 

    Basic adjusted EBITDA 
    $(0.07) 
    $0.06  
    $(0.05) 
    $0.10 
  
    Diluted adjusted EBITDA 
    $(0.07) 
    $0.06  
    $(0.05) 
    $0.10 

    (a)The reconciliation of adjusted EBITDA of non-controlling interest to net income attributable to non-controlling interest is as follows 

    Net Income (loss) attributable to non-controlling interest 
    $(39,164) 
    $574,499  
    $107,750  
    $834,672 
  
    Income Taxes 
     102,414  
     75,407  
     173,001  
     111,