Company: NTCL
Filing Date: 2025-10-20
Form Type: F-1
Source: 0001104659-25-100526
Chunk: 152

Company: NetClass Technology Inc
Filing Date: 2025-10-20
Form: F-1
Chunk 152
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 2024:

| ​                            
 ​                            
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 ​                            | ​ 
 ​ 
 ​ 
 ​ | ​                      
 Payments Due by Period 
 ​                      
 Total                  |      ​ 
      ​ | ​ 
 ​ 
 ​ | ​         
 Less than 
 1 Year    |      ​ | ​ 
 ​ 
 ​ | ​     
 1 - 3 
 Years |      ​ | ​ 
 ​ 
 ​ | ​     
 3 - 5 
 Years | ​ | ​ 
 ​ 
 ​ | ​         
 More than 
 5 Years   | ​ |
|:-----------------------------|:--|:-----------------------|-------:|:--|:----------|-------:|:--|:------|-------:|:--|:------|:--|:--|:----------|:--|
| Operating lease arrangements |   | $                      | 69,082 |   | $         | 55,126 |   | $     | 13,956 |   | $     | — |   | $         | — |
| Total                        | ​ | $                      | 69,082 | ​ | $         | 33,463 | ​ | $     | 13,956 | ​ | $     | — | ​ | $         | — |

Off-Balance Sheet Arrangements There were no off-balance sheet arrangements for the six months ended March 31, 2025 or the year ended September 30, 2024 that have or that in the opinion of management are likely to have, a current or future material effect on our financial condition or results of operations. Critical Accounting Estimates We prepare our CFS in accordance with U.S. GAAP, which requires us to make judgments, estimates and assumptions. To the extent that there are material differences between these estimates and actual results, our financial condition or results of operations would be affected. We base our estimates and assumptions on our own historical data and other assumptions that we believe are reasonable after taking account of our circumstances and expectations for the future based on available information. We evaluate these estimates and assumptions on an ongoing basis. Our expectations regarding the future are based on available information and assumptions that we believe to be reasonable and accurate, which together form our basis for making judgments about matters that are not readily apparent from other sources. Since the use of estimates is an integral component of the financial reporting process, our actual results could differ from those estimates. Some of our accounting policies require a higher degree of judgment than others in their application. The critical