Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 5

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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    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, 2024 
     12,589,046  
    $125,894  
    $129,194,697  
    $(3,920,856) 
    $(45,288,560) 
    $(46,187,766) 
    $4,592,554  
    $38,515,963 
  
    Exercise of common stock options 
     20,000  
     200  
     42,800  
     -  
     -  
     -  
     -  
     43,000 
  
    Common stock issued for: 

    Services 
     39,528  
     395  
     100,006  
     -  
     -  
     -  
     -  
     100,401 
  
    Purchase of subsidiary treasury shares 
     -  
     -  
     -  
     -  
     -  
     -  
     (1,503,662) 
     (1,503,662)
  
    Adjustment in APIC for change in subsidiary
    shares to non-controlling interest 
     -  
     -  
     29,135  
     -  
     -  
     -  
     (29,135) 
     - 
  
    Foreign currency translation adjustment 
     -  
     -  
     -  
     -  
     -  
     (65,853) 
     (28,486) 
     (94,339)
  
    Net income for the period 
     -  
     -  
     -  
     -  
     1,423,968  
     -  
     410,462  
     1,834,430 
  
    Balance at