Company: NTWK
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021835
Chunk: 25

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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    $433,242 
  
    Operating,
Current 
    $401,655  
    $433,242 

    Non-current 

    Operating 
     224,417  
     333,374 
  
    Operating, Noncurrent 
     224,417  
     333,374 

    Total
    Lease Liabilities 
    $626,072  
    $766,616 

    Page 19

NETSOL
TECHNOLOGIES, INC.

Notes
to Condensed Consolidated Financial Statements

September
30, 2025

(Unaudited)

The
components of lease cost were as follows:

 SCHEDULE OF COMPONENTS OF LEASE COST

    2025  
    2024 

    For
    the Three Months Ended September 30, 

    2025  
    2024 

    Amortization of finance lease assets 
    $8,125  
    $13,877 
  
    Interest on finance lease obligation 
     3,042  
     3,087 
  
    Operating lease cost 
     81,627  
     99,846 
  
    Short term lease cost 
     76,465  
     49,563 
  
    Sub lease income 
     (8,974) 
     (8,406)
  
    Total lease cost 
    $160,285  
    $157,967 

Lease
term and discount rate were as follows:

 SCHEDULE OF LEASE TERM AND DISCOUNT RATE

    As of  
    As of 

    September
    30, 2025  
    June
    30, 2025 

    Weighted
    average remaining lease term - Operating leases 
     1.29
                                            Years  
     1.44
                                            Years 

    Weighted average discount
    rate - Operating leases 
     4.9% 
     4.8%

Supplemental
disclosures of cash flow information related to leases were as follows:

 SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

    2025  
    2024 

    For the Three Months Ended
    September 30, 

    2025  
    2024 

    Operating
    cash flows related to operating leases 
    $75,