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

REVENUES IN EXCESS OF BILLINGS – LONG TERM (Tables)

9 Months Ended

Mar. 31, 2022

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

	As of			As of
	March 31, 2022			June 30, 2021

Revenues in excess of billings - long term	$	1,032,195		$	1,024,382
Present value discount		(38,333	)		(66,779	)
Net Balance	$	993,862		$	957,603