SUBSEQUENT EVENTS |
3 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | NOTE 21 – SUBSEQUENT EVENTS
Evaluation of Strategic Alternatives for VLS
On October 1, 2026, the Board of Directors of NetSol Technologies Europe Limited (“NTE”), the parent company of Virtual Lease Services Limited (“VLS”), began evaluating strategic alternatives for VLS, including a potential sale or wind-down of its operations. VLS revenue for the three months ended September 30, 2026 represented approximately 1.7% of consolidated revenues, and its total assets represented approximately 1.3% of total consolidated assets. As of the date of this report, no plan has been approved, and no definitive agreement has been executed. If NTE completes a sale or wind-down, the Company may recognize a loss on disposal and incur exit-related costs, which cannot be reasonably estimated at this time. |