For the quarter ending 2025-12-31, NTWK has $62,686,147 in assets. $20,747,578 in debts. $18,132,086 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 18,132,086 | 22,690,618 | 17,357,944 | |
| Accounts receivable, net of allowance of 401,507 and 355,464 | 7,776,096 | 6,320,988 | 7,527,572 | |
| Revenues in excess of billings, net of allowance of 84,882 and 34,496 | 17,080,695 | 13,994,651 | 18,230,619 | |
| Other current assets | 3,423,634 | 3,586,732 | 3,203,468 | |
| Total current assets | 46,412,511 | 46,592,989 | 46,319,603 | |
| Revenues in excess of billings, net - long term | 763,396 | 881,053 | 903,766 | |
| Subtotal | 18,913,989 | 18,691,315 | 18,343,054 | |
| Accumulated depreciation | 13,728,225 | 13,502,723 | 13,269,682 | |
| Property and equipment, net | 5,185,764 | 5,188,592 | 5,073,372 | |
| Right of use assets - operating leases | 1,015,011 | 653,418 | 809,513 | |
| Other assets | 6,941 | 6,938 | 32,331 | |
| Goodwill | 9,302,524 | 9,302,524 | 9,302,524 | |
| Total assets | 62,686,147 | 62,625,514 | 62,441,109 | |
| Accounts payable and accrued expenses | 8,059,205 | 9,191,552 | 8,010,844 | |
| Current portion of loans and obligations under finance leases | 8,509,841 | 8,330,243 | 8,240,061 | |
| Current portion of operating lease obligations | 542,022 | 401,655 | 433,242 | |
| Unearned revenue | 2,884,757 | 3,735,828 | 3,029,850 | |
| Total current liabilities | 19,995,825 | 21,659,278 | 19,713,997 | |
| Loans and obligations under finance leases less current maturities | 337,028 | 218,170 | 134,608 | |
| Operating lease obligations less current maturities | 414,725 | 224,417 | 333,374 | |
| Total liabilities | 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 12,753,209 shares issued and 11,814,178 outstanding as of december 31, 2025, 12,700,465 shares issued and 11,761,434 outstanding as of june 30, 2025 | 127,535 | 127,342 | 127,008 | |
| Additional paid-in-capital | 129,545,854 | 129,636,251 | 129,529,901 | |
| Treasury stock (at cost, 939,031 shares as of december 31, 2025 and june 30, 2025) | 3,920,856 | 3,920,856 | 3,920,856 | |
| Accumulated deficit | -43,399,611 | -43,646,368 | -41,289,080 | |
| Other comprehensive loss | -46,413,009 | -46,402,374 | -46,613,208 | |
| Total netsol stockholders equity | 35,939,913 | 35,793,995 | 37,833,765 | |
| Non-controlling interest | 5,998,656 | 4,729,654 | 4,425,365 | |
| Total stockholders equity | 41,938,569 | 40,523,649 | 42,259,130 | |
| Total liabilities and stockholders equity | 62,686,147 | 62,625,514 | 62,441,109 | |
NETSOL TECHNOLOGIES INC (NTWK)
NETSOL TECHNOLOGIES INC (NTWK)