For the quarter ending 2026-03-31, NTWK has $71,923,376 in assets. $27,651,143 in debts. $14,744,392 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 14,744,392 | 18,132,086 | 22,690,618 | 17,357,944 |
| Accounts receivable, net of allowance of 92,025 and 355,464 | 16,646,299 | 7,776,096 | 6,320,988 | 7,527,572 |
| Revenues in excess of billings, net of allowance of 256,812 and 34,496 | 18,163,507 | 17,080,695 | 13,994,651 | 18,230,619 |
| Other current assets | 2,767,578 | 3,423,634 | 3,586,732 | 3,203,468 |
| Total current assets | 52,321,776 | 46,412,511 | 46,592,989 | 46,319,603 |
| Revenues in excess of billings, net - long term | 2,824,298 | 763,396 | 881,053 | 903,766 |
| Property and equipment, gross | 19,456,242 | 18,913,989 | 18,691,315 | 18,343,054 |
| Accumulated depreciation | 13,897,833 | 13,728,225 | 13,502,723 | 13,269,682 |
| Property and equipment, net | 5,558,409 | 5,185,764 | 5,188,592 | 5,073,372 |
| Right of use assets - operating leases | 869,191 | 1,015,011 | 653,418 | 809,513 |
| Other assets | 7,189 | 6,941 | 6,938 | 32,331 |
| Other intangible assets, net | 1,039,989 | - | - | - |
| Goodwill | 9,302,524 | 9,302,524 | 9,302,524 | 9,302,524 |
| Total assets | 71,923,376 | 62,686,147 | 62,625,514 | 62,441,109 |
| Accounts payable and accrued expenses | 8,132,384 | 8,059,205 | 9,191,552 | 8,010,844 |
| Current portion of loans and obligations under finance leases | 8,241,584 | 8,509,841 | 8,330,243 | 8,240,061 |
| Current portion of operating lease obligations | 479,751 | 542,022 | 401,655 | 433,242 |
| Unearned revenue | 10,184,195 | 2,884,757 | 3,735,828 | 3,029,850 |
| Total current liabilities | 27,037,914 | 19,995,825 | 21,659,278 | 19,713,997 |
| Loans and obligations under finance leases less current maturities | 249,799 | 337,028 | 218,170 | 134,608 |
| Operating lease obligations less current maturities | 363,430 | 414,725 | 224,417 | 333,374 |
| Total liabilities | 27,651,143 | 20,747,578 | 22,101,865 | 20,181,979 |
| Preferred stock, .01 par value 500,000 shares authorized | - | - | - | 0 |
| Common stock, .01 par value 18,000,000 shares authorized 12,785,940 shares issued and 11,846,909 outstanding as of march 31, 2026, 12,700,465 shares issued and 11,761,434 outstanding as of june 30, 2025 | 127,862 | 127,535 | 127,342 | 127,008 |
| Additional paid-in-capital | 129,631,529 | 129,545,854 | 129,636,251 | 129,529,901 |
| Treasury stock (at cost, 939,031 shares as of march 31, 2026 and june 30, 2025) | 3,920,856 | 3,920,856 | 3,920,856 | 3,920,856 |
| Accumulated deficit | -42,098,647 | -43,399,611 | -43,646,368 | -41,289,080 |
| Other comprehensive loss | -46,563,902 | -46,413,009 | -46,402,374 | -46,613,208 |
| Total netsol stockholders equity | 37,175,986 | 35,939,913 | 35,793,995 | 37,833,765 |
| Non-controlling interest | 7,096,247 | 5,998,656 | 4,729,654 | 4,425,365 |
| Total stockholders equity | 44,272,233 | 41,938,569 | 40,523,649 | 42,259,130 |
| Total liabilities and stockholders equity | 71,923,376 | 62,686,147 | 62,625,514 | 62,441,109 |
NETSOL TECHNOLOGIES INC (NTWK)
NETSOL TECHNOLOGIES INC (NTWK)