NETSOL Technologies, Inc. Quarterly report [Sections 13 or 15(d)]

ACCOUNTING POLICIES (Tables)

3 Months Ended

Sep. 30, 2025

The Company’s financial assets that were measured at fair value on a recurring basis as of September 30, 2025, were as follows:

	Level 1		Level 2		Level 3		Total Assets
Revenues in excess of billings - long term	$	-	$	-	$	881,053	$	881,053
Total	$	-	$	-	$	881,053	$	881,053

The Company’s financial assets that were measured at fair value on a recurring basis as of June 30, 2025, are as follows:

	Level 1		Level 2		Level 3		Total Assets
Revenues in excess of billings - long term	$	-	$	-	$	903,766	$	903,766
Total	$	-	$	-	$	903,766	$	903,766

The reconciliation from June 30, 2025 to September 30, 2025 is as follows:

	Revenues in excess of billings - long term			Fair value discount			Total
Balance at June 30, 2025	$	1,111,803		$	(208,037	)	$	903,766
Amortization during the period		-			24,814			24,814
Transfers to short term		(56,813	)		-			(56,813	)
Effect of Translation Adjustment		9,200			86			9,286
Balance at September 30, 2025	$	1,064,190		$	(183,137	)	$	881,053