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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
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6 Months Ended | |
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Dec. 31, 2014
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Dec. 31, 2013
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| Cash flows from operating activities: | ||
| Net loss | $ (3,735,156)us-gaap_ProfitLoss | $ (2,403,761)us-gaap_ProfitLoss |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Depreciation and amortization | 4,621,096us-gaap_DepreciationAmortizationAndAccretionNet | 3,144,948us-gaap_DepreciationAmortizationAndAccretionNet |
| Provision for bad debts | 259,306us-gaap_ProvisionForDoubtfulAccounts | |
| Share of net loss from investment under equity method | 166,648us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions | |
| Loss on sale of assets | 80,595us-gaap_GainLossOnDispositionOfAssets1 | 189,032us-gaap_GainLossOnDispositionOfAssets1 |
| Stock issued for services | 606,536us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims | 640,247us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims |
| Fair market value of warrants and stock options granted | 311,244ntwk_FairValueAdjustmentOfWarrantsAndStockOptionsGranted | 158,783ntwk_FairValueAdjustmentOfWarrantsAndStockOptionsGranted |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (2,279,774)us-gaap_IncreaseDecreaseInAccountsReceivable | (1,246,995)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Accounts receivable - related party | 40,907us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties | (842,503)us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties |
| Revenues in excess of billing | (765,672)us-gaap_IncreaseDecreaseInUnbilledReceivables | 8,612,283us-gaap_IncreaseDecreaseInUnbilledReceivables |
| Other current assets | 286,838us-gaap_IncreaseDecreaseInOtherOperatingAssets | 367,741us-gaap_IncreaseDecreaseInOtherOperatingAssets |
| Accounts payable and accrued expenses | 59us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | 1,388,473us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities |
| Unearned revenue | 4,857,469us-gaap_IncreaseDecreaseInUnearnedPremiums | 2,228,992us-gaap_IncreaseDecreaseInUnearnedPremiums |
| Net cash provided by operating activities | 4,024,142us-gaap_NetCashProvidedByUsedInOperatingActivities | 12,663,194us-gaap_NetCashProvidedByUsedInOperatingActivities |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (1,772,866)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (6,059,596)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Sales of property and equipment | 179,904us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment | 78,678us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment |
| Purchase of non-controlling interest in subsidiaries | (577,222)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates | (17,853)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates |
| Increase in intangible assets | (2,312,919)us-gaap_IncreaseDecreaseInIntangibleAssetsCurrent | |
| Net cash used in investing activities | (2,170,184)us-gaap_NetCashProvidedByUsedInInvestingActivities | (8,311,690)us-gaap_NetCashProvidedByUsedInInvestingActivities |
| Cash flows from financing activities: | ||
| Proceeds from sale of common stock | 1,610,000us-gaap_ProceedsFromIssuanceOrSaleOfEquity | |
| Proceeds from the exercise of stock options and warrants | 116,400ntwk_ProceedsFromExerciseOfStockOptionsAndWarrants | 560,500ntwk_ProceedsFromExerciseOfStockOptionsAndWarrants |
| Proceeds from exercise of subsidiary options | 311,709us-gaap_ProceedsFromStockOptionsExercised | |
| Restricted cash | 2,438,844us-gaap_IncreaseDecreaseInRestrictedCash | (660,672)us-gaap_IncreaseDecreaseInRestrictedCash |
| Dividend paid by subsidiary to Non controlling interest | (780,106)us-gaap_PaymentsOfDividends | (266,343)us-gaap_PaymentsOfDividends |
| Proceeds from bank loans | 57,405us-gaap_ProceedsFromBankDebt | 1,276,505us-gaap_ProceedsFromBankDebt |
| Payments on capital lease obligations and loans - net | (2,867,974)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations | (781,756)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations |
| Net cash provided by financing activities | 574,569us-gaap_NetCashProvidedByUsedInFinancingActivities | 439,943us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Effect of exchange rate changes | (404,696)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | (1,084,723)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents |
| Net increase in cash and cash equivalents | 2,023,831us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 3,706,724us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents, beginning of the period | 11,462,695us-gaap_CashAndCashEquivalentsAtCarryingValue | 7,874,318us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents, end of period | 13,486,526us-gaap_CashAndCashEquivalentsAtCarryingValue | 11,581,042us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash paid during the period for: | ||
| Interest | 107,418us-gaap_InterestPaid | 152,239us-gaap_InterestPaid |
| Taxes | 74,850us-gaap_IncomeTaxesPaid | 213,957us-gaap_IncomeTaxesPaid |
| NON-CASH INVESTING AND FINANCING ACTIVITIES: | ||
| Stock issued for the payment of vendors | $ 210,060us-gaap_StockIssued1 | |
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- Definition
Fair Value Adjustment Of Warrants And Stock Options Granted. No definition available.
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- Definition
Proceeds From Exercise Of Stock Options And Warrants. No definition available.
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- Details
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate net amount of depreciation, amortization, and accretion recognized during an accounting period. As a noncash item, the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the undistributed income (or loss) of equity method investments, net of dividends or other distributions received from unconsolidated subsidiaries, certain corporate joint ventures, and certain noncontrolled corporations; such investments are accounted for under the equity method of accounting. This element excludes distributions that constitute a return of investment, which are classified as investing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the amount due to the reporting entity for good and services provided to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management, an entity and its principal owners, management, member of their immediate families, affiliates, or other parties with the ability to exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in intangible assets (for example patents and licenses). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets, other noncurrent assets, or a combination of other current and noncurrent assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net cash inflow or outflow for the increase (decrease) associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as investing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period of the amount of revenue for work performed for which billing has not occurred, net of uncollectible accounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) unearned premiums written. Excludes portion of unearned premiums amortized into income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value of share-based compensation granted to nonemployees as payment for services rendered or acknowledged claims. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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| X | ||||||||||
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- Definition
Cash outflow in the form of capital distributions and dividends to common shareholders, preferred shareholders and noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of or advances to an entity that is related to it but not strictly controlled (for example, an unconsolidated subsidiary, affiliate, and joint venture or equity method investment) or the acquisition of an additional interest in a subsidiary (controlled entity). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from bank borrowing during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the issuance of common stock, preferred stock, treasury stock, stock options, and other types of equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for the obligation for a lease meeting the criteria for capitalization (with maturities exceeding one year or beyond the operating cycle of the entity, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The fair value of stock issued in noncash financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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