NETSOL Technologies, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

REVENUES IN EXCESS OF BILLINGS – LONG TERM (Tables)

12 Months Ended

Jun. 30, 2025

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

	As of			As of
	June 30, 2025			June 30, 2024

Revenues in excess of billings - long term	$	1,111,803		$	1,106,475
Present value discount		(208,037	)		(152,446	)
Net Balance	$	903,766		$	954,029