NTWK Stock Charts

Quarterly

Annual

Unit: USD	2024-12-31	2024-09-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-09-30	2020-06-30	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2012-09-30	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-06-30	2008-12-31

assets
current assets:
cash and cash equivalents	21,270,642	24,525,956	12,338,642	15,659,516	16,551,677	15,533,254	15,259,497	20,946,722	20,922,948	23,963,797	30,573,312	25,587,515	26,999,876	33,705,154	30,599,137	24,885,365	20,166,830	22,083,584	17,621,379	17,366,364	17,014,590	20,320,804	20,435,744	22,088,853	12,711,983	8,554,815	14,172,954	8,450,115	9,505,383	11,156,437	11,557,527	11,881,159	13,986,773	10,075,324	14,168,957	10,887,358	13,486,526	10,382,556	11,462,695	12,383,695	8,019,788	3,123,686	4,172,802	3,374,608	5,856,152	2,154,813	4,075,546	4,275,443	5,211,674		5,416,302
accounts receivable	7,829,823	5,936,063	15,826,210	5,975,716	6,870,956	11,714,422	9,223,484	4,595,675	7,319,856	8,669,202	7,054,468	7,190,759	6,043,444	4,184,096	12,176,722	6,732,575	10,131,752	8,401,835	8,079,537	12,332,714	15,971,676	7,852,296	7,487,381	12,775,461	22,874,866	7,469,888	6,583,199	10,301,949	5,840,490	7,142,255	9,691,229	6,072,413	6,025,334	7,485,807	6,480,344	7,520,921	7,706,162	11,082,983	5,403,165	12,967,350	18,077,796	13,864,226	15,062,503	18,304,881	15,059,935	15,824,893	12,280,331	13,682,521	11,085,142		12,360,726
revenues in excess of billings, net of allowance of 595,875 and 116,148	10,661,549
other current assets	3,191,378	3,328,112	2,398,403	2,142,487	2,244,490	1,978,514	2,599,532										3,108,180	3,392,190	3,351,698	3,146,264	3,593,057	4,092,921	3,438,861	2,703,032	3,104,916	2,940,599	2,463,886	3,040,774	2,904,650	3,192,425	2,214,628	2,756,621	2,671,613	2,279,083	2,012,190	2,515,154	2,564,116	2,405,266	2,857,879	3,017,570	2,357,261	2,081,864	2,053,904	2,202,641	1,762,098	2,174,872	1,821,661	2,496,949	1,974,048		2,252,715
total current assets	42,953,392	46,533,702	46,223,061	40,077,006	38,675,408	41,603,867	40,824,397	43,076,510	44,070,743	49,428,136	55,103,247	54,089,697	52,145,259	55,578,774	55,561,592	52,665,475	51,895,711	55,245,470	52,756,930	54,591,816	56,284,483	52,261,788	50,688,585	57,350,896	58,294,081	44,461,204	44,272,075	47,196,113	40,669,421	40,916,597	40,451,826	36,127,992	33,584,811	30,900,154	31,510,665	28,537,325	29,068,597	28,738,213	26,862,560	35,383,723	40,697,263	28,808,066	34,590,439	40,789,748	39,379,185	36,410,614	33,354,816	33,952,656	31,074,801		33,512,198
revenues in excess of billings, net - long term	777,428	866,388	752,582	734,397	724,875			604,358	714,458	853,601	993,862	985,772	969,456	957,603	946,184		1,300,289	1,291,025	1,246,660	1,281,492				1,206,669	1,752,554	5,225,260	5,173,538
property and equipment	4,934,498	4,847,869	5,505,609	5,665,699	5,770,794	6,161,186	6,871,036	8,719,657	8,850,651	9,382,624	10,114,458	10,265,385	10,821,869	12,091,812	12,902,342	11,256,306	11,329,631	12,668,689	12,478,841	12,096,855	14,374,262	14,005,541	15,650,128	16,165,491	17,526,227	19,646,592	20,370,703	21,205,976	21,873,277	22,612,752	22,774,435	23,178,350	23,251,920	24,053,908	25,119,634	26,410,815	27,543,489	27,852,410	29,721,128	27,625,986	17,437,469	16,469,748	16,014,461	14,200,127	10,950,969	9,582,056	9,472,917	8,457,622	9,063,503		9,768,890
right of use assets - operating leases	1,069,948	1,216,835	1,490,669	1,659,622	1,359,106	1,151,575				969,163
other assets	32,339	32,341	32,341	32,338	32,326	6,931	425	532	529	25,546	37,583	33,204	59,638	55,127	48,841	41,175	41,992	24,301	25,329	23,569	23,994	35,470	54,936	70,299	3,279,468	3,400,418	3,211,295	2,549,858	2,054,938	1,604,731	842,553
intangible assets						127,931	381,878	801,039	1,110,617	1,587,670	2,178,128	2,657,204	3,183,317	3,904,656	4,507,155	5,032,630	5,391,077	6,792,846	7,159,422	7,332,950	9,042,726	9,637,010	11,465,925	12,247,196	13,533,620	16,139,921	17,043,151	17,662,773	18,423,439	19,326,259	19,674,033	20,276,715	20,877,711	21,837,105	22,815,467	24,777,549	26,030,664	26,376,366	28,803,018	30,850,059	28,772,866
goodwill	9,302,524	9,302,524	9,302,524	9,302,524	9,302,524	9,302,524	9,302,524	9,302,524	9,302,524	9,302,524	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,516,568	9,653,330	9,653,330	9,439,285	9,439,285	9,439,285	9,439,285	9,439,285	9,439,285	9,439,285	9,439,285		9,439,285
total assets	59,070,129	62,799,659	63,306,786	57,471,586	55,865,033	58,379,410	59,549,867	64,815,899	66,445,632	72,608,632	82,076,259	81,498,791	80,888,664	86,606,261	88,315,787	83,063,347	88,473,089	91,001,591	88,379,382	87,497,019	91,743,332	88,145,382	90,334,834	99,774,281	103,902,518	98,479,963	99,677,330	98,221,288	92,627,643	94,066,907	93,349,415	89,655,181	87,231,010	86,307,735	88,962,334	89,242,257	92,159,318	92,483,557	94,903,274	103,688,249	96,560,928	81,228,895	85,646,380	87,378,456	81,564,168	76,173,782	72,136,180	69,377,753	66,218,638	62,769,026	65,852,292
liabilities and stockholders’ equity
current liabilities:
accounts payable and accrued expenses	7,332,560	8,414,790	6,707,937	6,713,920	6,802,879	6,552,181	7,098,206	7,423,248	7,029,527	6,813,541	6,317,127	6,394,780	6,369,870	6,696,035	6,156,782	6,005,999	5,680,837	7,927,523	7,377,985	7,476,560	6,881,435	7,468,984	7,153,778	7,873,809	7,765,645	7,123,148	6,880,194	7,404,181	7,373,097	6,389,128	5,962,770	6,354,959	5,907,103	5,030,352	5,952,561	5,310,510	4,971,101	4,653,499	5,234,887	5,250,138	4,242,659	4,069,230	4,730,027	4,567,357	4,752,181	5,567,954	4,890,921	4,642,835	5,244,176		3,465,444
current portion of loans and obligations under finance leases	8,784,232	6,443,937	6,047,511	5,982,466	5,756,553	5,779,510	5,969,044	7,386,750	7,426,972	8,567,145	9,622,669	10,147,993	10,423,215	11,366,171	12,634,914	9,677,277	9,139,561	9,436,332	7,097,025
current portion of operating lease obligations	518,075	590,541	635,168	689,770	538,363	505,237	421,223	499,455	531,021	548,678	706,684	770,559	828,879	857,729	956,006	1,165,957	1,111,912	1,182,850	920,115
unearned revenue	3,320,286	6,923,112	9,503,548	4,426,008	5,170,335	7,932,306	4,167,655	4,048,768	3,982,198	4,901,562	6,948,669	3,719,348	3,387,902	4,556,626
total current liabilities	19,955,153	22,372,380	22,894,164	17,812,164	18,268,130	20,769,234	17,656,128	19,358,221	18,969,718	20,830,926	23,595,149	21,032,680	21,009,866	23,476,561	25,564,816	19,713,157	20,116,106	21,770,750	19,908,101	20,448,217	21,322,832	19,890,036	20,589,508	22,507,633	24,794,887	20,884,760	21,117,015	17,168,622	14,637,155	15,305,317	15,230,392	14,393,520	13,309,439	13,663,036	14,834,565	14,085,131	17,051,173	16,325,545	14,613,515	15,055,989	16,934,177	13,216,848	20,014,850	21,537,285	21,685,053	23,819,235	20,227,783	20,691,189	18,583,625		15,836,921
loans and obligations under finance leases; less current maturities	86,951	92,638	130,381	99,527	137,847	176,229	215,243	306,945	292,456	476,223	127,899	120,277	396,771	699,841	910,107	1,705,699	1,539,975	417,824	493,403
operating lease obligations; less current maturities	512,062	594,631	837,756	1,022,361	795,935	652,194	651,443	789,621	836,891	447,260	570,871	319,613	438,423	564,257	761,653	1,110,832	1,339,965	1,966,770	1,912,804
total liabilities	20,554,166	23,059,649	23,862,301	18,934,052	19,201,912	21,597,657	18,522,814	20,454,787	20,099,065	21,754,409	24,293,919	21,472,570	21,845,060	24,740,659	27,236,576	22,529,688	22,996,046	24,155,344	22,314,308	21,012,789	22,039,395	20,235,509	20,886,188	22,838,229	25,091,098	21,192,389	21,483,777	17,668,137	15,138,709	15,845,176	15,708,084	14,709,173	13,582,548	13,992,870	15,322,057	14,679,297	18,133,483	17,716,315	16,145,595	16,893,572	18,744,215	17,487,579	20,735,206	22,673,798	23,616,118	25,573,595	26,093,431	26,897,821	25,735,611		23,332,122
stockholders’ equity:
preferred stock, .01 par value; 500,000 shares authorized;
common stock	125,894	123,842	123,445	123,301	123,120	122,850	122,382	122,231	122,093	121,966	121,916	121,861	121,836	121,816		121,371	121,222	120,006	119,721	119,117	118,791	118,603	117,824	117,085	114,577	113,331	112,254	111,324	109,931		107,134	105,586	104,184	103,228	103,078	101,452	97,439	94,778	91,509	91,242	79,075	56,077	55,532	53,897	49,686		37,104	35,962	35,437
additional paid-in-capital	129,194,697	128,709,890	128,736,328	128,587,384	128,536,132	128,476,048	128,536,955	128,484,714	128,420,519	128,218,247	129,084,786	129,042,021	129,030,982	129,018,826	128,881,744	128,764,618	128,677,754	128,197,589	128,052,079	127,737,999	127,551,606	127,398,738	126,918,319	126,479,147	125,733,973	124,987,029	124,409,998	123,693,569	123,019,215	122,367,231	121,448,946	120,513,094	119,890,798	119,287,407	119,209,807	118,387,488	117,834,686	116,655,643	115,394,097	115,786,958	108,576,679	98,844,487	97,886,492	95,705,495	93,244,355	89,365,991	86,002,648	85,203,134	84,702,035		76,898,220
treasury stock	-3,920,856	-3,920,856	-3,920,856	-3,920,856	-3,920,856	-3,920,856	-3,920,856		-3,920,856	-3,920,856	-3,920,856	-3,920,856	-3,920,856	-3,820,750	-3,520,769	-1,920,645	-1,455,969	-1,455,969	-1,455,969	-1,455,969	-1,205,024	-1,205,024	-1,205,024	-1,205,024	-1,205,024	-954,973	-454,310	-454,310	-454,310	-415,425	-415,425	-415,425	-415,425	-415,425	-415,425	-415,425	-415,425	-415,425	-415,425	-415,425	-415,425	-396,008	-396,008	-396,008	-396,008	-396,008	-396,008	-396,008	-396,008		-396,008
accumulated deficit	-45,288,560	-44,141,518	-44,129,431	-44,456,980	-44,865,296	-44,896,186	-39,821,470		-40,273,167	-39,652,438	-37,484,998	-37,206,528	-38,613,313	-38,801,282	-40,727,320	-39,861,985	-34,269,817	-36,448,870	-37,034,845	-35,206,898	-38,704,519	-39,972,079	-42,827,708	-37,994,502	-39,172,022	-42,670,888	-42,301,390	-39,177,897	-40,074,755	-39,089,079	-37,323,360	-39,412,605	-40,262,084	-41,137,149	-40,726,121	-40,018,743	-38,382,498	-37,015,329	-35,177,303	-27,845,083	-30,755,274	-35,589,651	-34,130,944	-33,037,884	-36,356,313	-38,292,049	-39,859,030	-41,351,411	-41,940,459		-35,315,253
other comprehensive loss	-46,187,766	-46,049,023	-45,505,920	-45,870,309	-46,411,702	-45,975,156	-47,192,994		-42,281,135	-39,363,085	-36,740,406	-34,935,629	-34,013,886	-31,868,481	-31,118,798	-33,210,231	-34,085,047	-30,456,632	-32,221,661	-33,125,006	-28,474,832	-28,446,811	-24,649,274	-24,386,071	-22,005,245	-18,663,149	-18,074,570	-18,797,496	-18,628,395	-17,960,133	-18,730,494	-18,898,747	-18,546,296	-18,130,300	-17,167,100	-15,669,755	-16,208,648	-16,934,777	-14,979,223	-14,915,572	-12,897,998	-9,362,762	-8,805,922	-7,959,341	-7,880,946	-8,665,100	-8,396,086	-8,193,790	-7,754,102		-6,605,491
total netsol stockholders’ equity	33,923,409	34,722,335	35,303,566	34,462,540	33,461,398	33,806,700	37,724,017	40,308,656	42,067,454	45,403,834	51,060,442	53,100,869	52,604,763	54,650,129		53,893,128	58,988,143	59,956,124	57,459,325	58,069,243	59,065,022	57,672,427	58,133,137	62,789,635	63,245,259	62,537,424	63,394,471	65,016,120	63,521,466	64,408,606	64,303,629	60,944,550	59,631,505	58,568,089	59,799,636	61,086,710	60,645,066
non-controlling interest	4,592,554	5,017,675	4,140,919	4,074,994	3,201,723	2,975,053	3,303,036	4,052,456	4,279,113	5,450,389	6,721,898	6,925,352	6,438,841	7,215,473	7,442,774	6,640,531	6,488,900	6,890,123	8,605,749	8,414,987	10,638,915	10,237,446	11,315,509	14,146,417	15,566,161	14,750,150	14,799,082	15,537,031	13,967,468	13,813,125	13,337,702	14,001,458	14,016,957	13,746,776	13,840,641	13,476,250	13,380,769	14,662,840	16,124,512	16,373,045	15,499,144	12,220,383	12,500,484	12,413,959	11,393,236	10,718,808	10,422,557	9,038,556	8,095,729
total stockholders’ equity	38,515,963	39,740,010	39,444,485	38,537,534	36,663,121	36,781,753	41,027,053	44,361,112	46,346,567	50,854,223	57,782,340	60,026,221	59,043,604	61,865,602		60,533,659	65,477,043	66,846,247	66,065,074	66,484,230	69,703,937	67,909,873	69,448,646	76,936,052	78,811,420	77,287,574	78,193,553	80,553,151	77,488,934	78,221,731	77,641,331	74,946,008	73,648,462	72,314,865	73,640,277	74,562,960	74,025,835													37,361,069
total liabilities and stockholders’ equity	59,070,129	62,799,659	63,306,786	57,471,586		58,379,410	59,549,867	64,815,899	66,445,632	72,608,632	82,076,259	81,498,791	80,888,664	86,606,261		83,063,347	88,473,089	91,001,591	88,379,382	87,497,019	91,743,332	88,145,382	90,334,834	99,774,281	103,902,518	98,479,963	99,677,330	98,221,288	92,627,643	94,066,907	93,349,415	89,655,181	87,231,010	86,307,735	88,962,334	89,242,257	92,159,318
revenues in excess of billings, net of allowance of 460,743 and 116,148		12,743,571
as of september 30, 2024 and june 30, 2024)		-3,920,856
revenues in excess of billings, net of allowance of 116,023 and 1,380,141			15,659,806
revenues in excess of billings, net of allowance of 137,406 and 1,380,141				16,299,287
revenues in excess of billings, net of allowance of 116,425 and 1,380,141					13,008,285
total liabilities and stockholders' equity					55,865,033										88,315,787																							92,483,557	94,903,274	103,688,249	96,560,928	81,228,895		87,378,456	81,564,168	76,173,782	72,136,180	69,377,753	66,218,638		65,852,292
revenues in excess of billings, net of allowance of 1,380,141 and 136,976						12,377,677
long term investment						25,396	1,066,878	1,064,501	1,059,368	1,059,368	2,893,700	2,921,667	2,995,104	3,155,852	3,195,980	2,417,291	2,387,692	2,411,807	2,460,870	2,653,769	2,501,299	2,689,005	2,958,692	3,217,162
revenues in excess of billings, net of allowance of 43,334 and 136,976							13,741,884
right of use of assets - operating leases							1,102,729	1,246,778	1,336,742		1,238,713	1,029,294	1,197,453	1,345,869	1,637,125	2,133,902	2,360,129	3,050,885
commitments and contingencies
revenues in excess of billings, net of allowance of 49,614 and 136,976								14,785,593
other current assets, net of allowance of 1,243,633 and 1,243,633								2,748,520	2,480,415	2,223,361	2,864,742	2,581,401	2,937,927
convertible note receivable - related party, net of allowance of 4,250,000 and 4,250,000
revenues in excess of billings, net of allowance of 77,525 and 136,976									13,347,524
revenues in excess of billings, net of allowance of 136,839 and 136,976										14,571,776
accounts receivable - related party, net of allowance of 1,373,099 and 1,373,099
revenues in excess of billings, net of allowance of 84,209 and 136,976											14,610,725
revenues in excess of billings - related party, net of allowance of 8,163 and 8,163
revenues in excess of billings, net of allowance of 82,042 and 136,976												18,730,022
revenues in excess of billings, net of allowance of 70,919 and 136,976													16,164,012
accounts receivable - related party, net of allowance of 1,373,099 and 90,594
revenues in excess of billings, net of allowance of 136,976 and 188,914														14,680,131
revenues in excess of billings - related party, net of allowance of 8,163 and 0
other current assets, net of allowance of 1,243,633 and 0														3,009,393	2,983,686	2,616,769
convertible note receivable - related party, net of allowance of 4,250,000 and 0
revenues in excess of billings, net of allowance of 94,706 and 188,914															9,802,047
liabilities and stockholders' equity
unearned revenues															5,728,790	2,775,600	4,095,472	3,135,721	4,424,652	5,977,736	6,241,741	4,705,302	4,913,731	5,949,581	7,841,096	3,656,591	3,925,702	4,025,642	2,806,804	4,419,692	4,739,214	3,412,019	3,546,819	4,302,524	4,897,327	5,646,287	8,141,083	8,081,082	3,239,852	3,607,582	4,274,011	2,475,387	2,653,460	4,525,017	3,616,186	2,930,308	2,545,314	3,449,817	3,153,926		3,601,261
common stock to be issued															88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	88,324	721,592	378,487	347,518	342,898	108,875	206,625	400,700	450,825	263,825	1,450,825	239,525	251,450	88,325		101,665
stockholders' equity:
12,157,871 shares issued and 11,306,680 outstanding as of march 31, 2021 and 12,122,149 shares issued and 11,874,646 outstanding as of june 30, 2020															121,580
total netsol stockholders' equity															53,636,437																							60,104,402	62,633,167	70,421,632
total stockholders' equity															61,079,211																							74,767,242	78,757,679	86,794,677	77,816,713	63,741,315		64,704,658	57,948,049	50,600,186	46,042,749	42,479,932	40,483,027		35,970,743
revenues in excess of billings, net of allowance of 91,250 and 188,914																18,430,766
revenues in excess of billings, net of allowance of 188,914 and 194,684																	17,198,281
revenues in excess of billings - related party																	8,163	101,669	48,145	110,827	61,822	62,323	70,250		153,135	80,057	80,705	94,685	469,030	682,049	804,168					188,426
convertible note receivable - related party																	4,250,000	4,185,000	4,085,000	3,650,000	3,250,000	3,156,500	2,881,500	2,123,500	750,000	700,000	200,000
revenues in excess of billings, net of allowance of 205,006 and 194,684																		15,850,011
revenues in excess of billings, net of allowance of 220,820 and 194,684																			16,345,384
right-of-use assets - operating leases																			2,734,762
revenues in excess of billings, net of allowance of 194,684 and 0																				14,719,047
current portion of loans and obligations under capitalized leases																				6,905,597	8,111,332	7,627,426	8,433,675	8,595,919	9,099,822	10,016,697	10,222,795	5,650,475	4,368,930	4,408,173	4,440,084	4,538,218	3,767,193	4,241,836	3,896,353	2,989,520	3,217,397	3,212,477	5,791,258	5,855,371	3,430,619	4,092,747	7,062,535	6,831,049	6,509,412	6,072,547	7,285,773	7,134,527	6,564,633		6,090,445
loans and obligations under capitalized leases; less current maturities																				564,572	716,563	345,473	296,680	330,596	296,211	307,629	366,762
stock subscription receivable																					-221,000	-221,000	-221,000	-221,000	-221,000	-273,926	-297,511	-359,070	-450,220	-602,811	-783,172	-947,353	-1,139,672	-1,139,672	-1,204,603	-1,298,307	-2,280,488	-2,280,488	-2,280,488	-2,280,488	-2,269,488	-2,031,210	-2,198,460	-2,075,460	-2,105,960	-2,174,460	-2,007,960	-2,107,960	-2,347,930		-658,904
accounts receivable, net - related party																					3,012,133	2,944,290	3,039,320	3,374,272	3,412,346	2,611,562	1,644,942	4,414,635	4,303,380	5,384,573	5,691,178	6,467,551	5,749,523	4,409,186	3,491,899	2,498,160	2,123,567	2,603,418
revenues in excess of billings																					13,381,205	13,832,654	13,335,529	14,285,778	15,286,835	22,104,283	19,126,389	20,893,955	17,646,488	13,358,858	10,493,096	8,860,248	5,061,568	6,560,754	5,267,275	4,837,306	3,098,226	2,173,990	2,377,367	4,519,754	10,529,745	7,038,291	7,601,230	11,207,618	11,001,000	10,556,037	9,477,278	8,497,742	7,803,936		8,381,596
restricted cash																										90,000	90,000	90,000	90,000	90,000	90,000	90,000	90,000	90,000	90,000	90,000	90,000	90,000	2,528,844	2,495,354	1,712,673	2,700,000	5,700,000	5,700,000	5,700,000	5,700,000	5,700,000	5,000,000	5,000,000		5,000,000
long term loans and obligations under capitalized leases; less current maturities																												499,515	501,554	539,859	477,692	315,653	273,109	329,834	487,492	594,166	1,082,310	1,390,770	1,532,080	1,837,583
preferred stock, .01 par value; 500,000 shares authorized; common stock, .01 par value; 14,500,000 shares authorized; 10,882,281 shares issued and 10,855,002 outstanding as of september 30, 2016 and 10,713,372 shares issued and 10,686,093 outstanding as of june 30, 2016																														108,823
investment																																555,556
unearned revenues - related party																																				50,490
accounts receivable, net-related party																																							2,232,610
investment under equity method																																								175,151					58,269	130,068	200,506	244,016
preferred stock, .01 par value; 500,000 authorized
total intangibles																																									38,426,196	35,951,080	35,041,480	32,388,582	31,175,745	30,051,043	29,107,941	26,723,459	26,080,334		22,054,798
other payables - acquisitions																																									103,226	103,226	103,226	103,226	103,226	103,226	103,226	103,226	103,226		103,226
convertible notes payable, current portion																																									2,681,861							2,983,366	1,131,115
loans payable, bank																																									2,092,926	2,269,632	2,319,378	2,335,191	2,321,047	2,302,291	2,327,476	2,363,507	2,386,549		2,521,480
obligations under capitalized leases, less current maturities																																									303,581	257,711	285,472	552,715	483,221	167,312	204,620	368,709	878,586		1,115,474
convertible notes payable less current maturities																																										3,587,464					4,066,109
long term loans; less current maturities																																									1,506,457	425,556	434,884	583,798	580,262	719,465	727,336	886,316	969,536		530,421
total netsol shareholders' equity																																									62,317,569	51,520,932	52,410,690	52,290,699
intangibles:
product licenses, renewals, enhancements, copyrights, trademarks, and tradenames																																										26,364,728	25,437,479	22,659,116	21,320,814		19,002,081	16,492,134	15,679,647
customer lists																																										147,067	164,715	290,180	415,645	541,110	666,575	792,040	961,401		1,726,637
convertible notes payable , current portion																																											2,745,524	2,692,554	4,087,109	5,360,018	3,017,096
liabilities and equity
due to officers																																															10,911	13,911
lease abandonment liability; long term																																													867,583	867,583	867,583	867,583	1,076,347
equity:
total equity																																											64,911,174
total liabilities and equity																																											85,646,380
deferred liability																																												32,066	32,066	32,066	47,066
commitments and contingencies stockholders' equity:
product licenses, renewals, enhancements, copyrights,
trademarks, and tradenames																																														20,070,648					10,888,876
37,103,396 issued and outstanding as of 2010 & 2009, respectively																																														43,004
dividend to preferred stockholders payable																																																			55,065
preferred stock, 5,000,000 shares authorized; nil; 1,920 issued and outstanding as of 2010 and 2009, respectively
convertible notes payable; less current maturities																																																4,084,024
preferred stock, 5,000,000 shares authorized; nil; 1,920 issued and outstanding
total																																																33,441,376
other assets, long-term
convertible notes payable, less current maturities																																																	4,227,517
consolidated statements of income data:
revenues																																																		26,448,177
income from operations																																																		-6,483,169
net income																																																		-8,181,448
net income per share
basic																																																		-3.04
diluted																																																		-2.99
consolidated balance sheet data:
cash, cash equivalents, and marketable securities																																																		4,403,762
total long-term liabilities																																																		8,014,241
certificates of deposit																																																			100,859
other assets, non current																																																			516,406
convertible notes payable																																																			5,849,306
minority interest																																																			6,549,427
preferred stock, 5,000,000 shares authorized;
1,920 issued and outstanding																																																			1,920,000
26,513,987 issued and 26,285,491 outstanding as of december 31, 2008
25,545,482 issued and 25,525,886 outstanding as of june 30, 2008																																																			26,514

The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.