NETSOL Technologies, Inc. Quarterly report pursuant to Section 13 or 15(d)

REVENUES IN EXCESS OF BILLINGS – LONG TERM (Tables)

3 Months Ended

Sep. 30, 2021

Revenues in excess of billings, net consisted of the following:

	As of			As of
	September 30, 2021			June 30, 2021

Revenues in excess of billings - long term	$	1,026,834		$	1,024,382
Present value discount		(57,378	)		(66,779	)
Net Balance	$	969,456		$	957,603