For the quarter ending 2026-03-31, NTWK had -$3,387,694 decrease in cash & cash equivalents over the period. -$1,863,163 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 2,314,628 | 962,039 | -2,217,365 | 4,570,919 |
| Depreciation and amortization | 307,419 | 299,746 | 324,606 | 1,463,783 |
| Provision for bad debts | 247,031 | 92,045 | -1,583 | 466,965 |
| Gain on sale of assets | 8,138 | 62,712 | 16,613 | 69,355 |
| Stock based compensation | 61,000 | 61,000 | 145,400 | 208,116 |
| Accounts receivable | 8,904,249 | 1,494,777 | -1,218,992 | -5,453,186 |
| Revenues in excess of billing | 3,080,125 | 2,814,032 | -4,282,495 | 5,207,897 |
| Other current assets | -535,245 | -724,699 | 323,491 | -15,257 |
| Accounts payable and accrued expenses | 118,780 | -1,171,149 | 1,176,241 | -197,312 |
| Unearned revenue | 7,068,178 | -1,345,539 | 714,879 | -6,256,395 |
| Net cash provided by (used in) operating activities | -1,340,231 | -4,748,680 | 5,303,561 | 447,267 |
| Purchases of property and equipment | 522,932 | 371,049 | 485,281 | 1,382,770 |
| Sales of property and equipment | 8,329 | 60,835 | 16,687 | 116,783 |
| Investment in associates | 0 | 0 | 25,396 | - |
| Purchase of subsidiary shares | - | - | - | 8,878 |
| Increase in intangible assets | 1,039,989 | - | - | - |
| Net cash used in investing activities | -1,554,592 | -310,214 | -443,198 | -1,274,865 |
| Proceeds from the exercise of stock options and warrants | - | - | - | 473,000 |
| Proceeds from exercise of subsidiary options | 29,067 | 293,986 | 64,147 | 13,728 |
| Dividend paid by subsidiary to non-controlling interest | - | - | - | 306,799 |
| Purchase of subsidiary treasury stock | - | - | - | 1,503,662 |
| Proceeds from bank loans | 283,742 | 550,063 | 242,421 | 2,920,149 |
| Payments on finance lease obligations and loans - net | 667,907 | 310,414 | 115,350 | 773,535 |
| Net cash provided by financing activities | -355,098 | 533,635 | 191,218 | 822,881 |
| Effect of exchange rate changes | -137,773 | -33,273 | 281,093 | -1,764,504 |
| Net increase (decrease) in cash and cash equivalents | -3,387,694 | -4,558,532 | 5,332,674 | -1,769,221 |
| Cash and cash equivalents at beginning of the period | 18,132,086 | 22,690,618 | 17,357,944 | 19,127,165 |
| Cash and cash equivalents at end of period | 14,744,392 | 18,132,086 | 22,690,618 | 17,357,944 |
NETSOL TECHNOLOGIES INC (NTWK)
NETSOL TECHNOLOGIES INC (NTWK)