v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2026
Jun. 30, 2026
Current assets:    
Cash and cash equivalents $ 19,697,789 $ 27,123,955
Accounts receivable, net of allowance of $161,853 and $48,606 9,144,194 10,286,342
Contract assets, net of allowance of $0 and $10 18,977,455 16,240,564
Other current assets 4,160,460 3,210,315
Total current assets 51,979,898 56,861,176
Contract assets, net - long term 2,483,199 2,467,018
Property and equipment, net 5,550,633 5,683,502
Right of use assets - operating leases 795,642 831,196
Other assets 7,242 7,241
Other intangible assets, net 3,619,868 2,686,392
Goodwill 9,302,524 9,302,524
Total assets 73,739,006 77,839,049
Current liabilities:    
Accounts payable and accrued expenses 7,276,077 8,708,029
Current portion of loans and obligations under finance leases 8,139,155 8,187,170
Current portion of operating lease obligations 499,603 447,332
Contract liabilities 6,941,958 10,287,225
Total current liabilities 22,856,793 27,629,756
Loans and obligations under finance leases; less current maturities 174,082 212,982
Operating lease obligations; less current maturities 260,146 428,491
Total liabilities 23,291,021 28,271,229
Stockholders’ equity:    
Preferred stock, $.01 par value; 500,000 shares authorized;
Common stock, $.01 par value; 18,000,000 shares authorized; 12,910,343 shares issued and 11,971,312 outstanding as of September 30, 2026 ,12,825,028 shares issued and 11,885,997 outstanding as of June 30, 2026 129,106 128,253
Additional paid-in-capital 130,276,620 130,188,049
Treasury stock (at cost, 939,031 shares as of September 30, 2026 and June 30, 2026) (3,920,856) (3,920,856)
Accumulated deficit (38,175,758) (38,338,727)
Other comprehensive loss (46,295,697) (46,462,794)
Total NetSol stockholders’ equity 42,013,415 41,593,925
Non-controlling interest 8,434,570 7,973,895
Total stockholders’ equity 50,447,985 49,567,820
Total liabilities and stockholders’ equity $ 73,739,006 $ 77,839,049