v3.26.3
Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 27,123,955 $ 17,357,944
Accounts receivable, net of allowance of $48,606 and $355,464 10,286,342 7,527,572
Contract assets, net of allowance of $10 and $34,496 16,240,564 18,230,619
Other current assets 3,210,315 3,203,468
Total current assets 56,861,176 46,319,603
Contract assets, net - non-current 2,467,018 903,766
Property and equipment, net 5,683,502 5,073,372
Right of use assets - operating leases 831,196 809,513
Other assets 7,241 32,331
Other intangible assets, net 2,686,392
Goodwill 9,302,524 9,302,524
Total assets 77,839,049 62,441,109
Current liabilities:    
Accounts payable and accrued expenses 8,708,029 8,010,844
Current portion of loans and obligations under finance leases 8,187,170 8,240,061
Current portion of operating lease obligations 447,332 433,242
Contract liabilities 10,287,225 3,029,850
Total current liabilities 27,629,756 19,713,997
Loans and obligations under finance leases; less current maturities 212,982 134,608
Operating lease obligations; less current maturities 428,491 333,374
Total liabilities 28,271,229 20,181,979
Stockholders’ equity:    
Preferred stock, $.01 par value; 500,000 shares authorized;
Common stock, $.01 par value; 18,000,000 shares authorized; 12,825,028 shares issued and 11,885,997 outstanding as of June 30, 2026, 12,700,465 shares issued and 11,761,434 outstanding as of June 30, 2025 128,253 127,008
Additional paid-in-capital 130,188,049 129,529,901
Treasury stock (at cost, 939,031 shares as of June 30, 2026 and June 30, 2025) (3,920,856) (3,920,856)
Accumulated deficit (38,338,727) (41,289,080)
Other comprehensive loss (46,462,794) (46,613,208)
Total NetSol stockholders’ equity 41,593,925 37,833,765
Non-controlling interest 7,973,895 4,425,365
Total stockholders’ equity 49,567,820 42,259,130
Total liabilities and stockholders’ equity $ 77,839,049 $ 62,441,109