NETSOL Technologies, Inc. Annual report pursuant to Section 13 and 15(d)

Property and Equipment - Schedule of Property and Equipment (Details)

v3.19.2

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($)	Jun. 30, 2019	Jul. 02, 2018	Jun. 30, 2018
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	$ 32,468,444		$ 40,156,249
Accumulated Depreciation	(20,371,589)		(23,990,758)
Property and Equipment, Net	12,096,855	$ 16,165,491	16,165,491
Office Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	3,125,382		3,496,653
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	18,905,603		23,708,034
Assets Under Capital Leases [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	1,720,490		1,479,976
Building [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	6,021,939		8,005,351
Land [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	1,559,111		2,088,463
Autos [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	1,024,754		1,053,749
Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	$ 111,165		$ 324,023

- Definition

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

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