Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 563

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1C
Chunk 563
---
 lease obligations; less current maturities 
     333,374  
     688,749 
  
    Total
    liabilities 
     20,181,979  
     24,653,342 

    Stockholders’
    equity: 

    Preferred
    stock, $.01 par value; 500,000 shares authorized; 
     -  
     - 
  
    Common
    stock, $.01 par value; 18,000,000 shares authorized; 12,700,465 shares issued and 11,761,434  outstanding as of June 30,
    2025 , 12,359,922 shares issued and 11,420,891  outstanding as of June 30, 2024 
     127,008  
     123,602 
  
    Additional
    paid-in-capital 
     129,529,901  
     128,783,865 
  
    Treasury
    stock (at cost, 939,031 shares as of June 30, 2025 and June 30, 2024) 
     (3,920,856) 
     (3,920,856)
  
    Accumulated
    deficit 
     (41,289,080) 
     (44,212,313)
  
    Other
    comprehensive loss 
     (46,613,208) 
     (45,935,616)
  
    Total
    NetSol stockholders’ equity 
     37,833,765  
     34,838,682 
  
    Non-controlling
    interest 
     4,425,365  
     4,694,418 
  
    Total
    stockholders’ equity 
     42,259,130  
     39,533,100 
  
    Total
    liabilities and stockholders’ equity 
    $62,441,109  
    $64,186,442 

The
accompanying notes are an integral part of these consolidated financial statements.

F-3

NETSOL
TECHNOLOGIES, INC. AND SUBSIDIARIES 

Consolidated
Statements of Operations

    2025  
    2024 

    For
    the Years 

    Ended
    June 30, 

    2025  
    2024