NETSOL Technologies, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Segment Information and Geographic Areas - Summary of Operating Information (Details)

v3.10.0.1

Segment Information and Geographic Areas - Summary of Operating Information (Details) - USD ($)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Revenues	$ 60,930,258	$ 65,366,268
Net income (loss) after taxes and before non-controlling interest	7,149,978	(1,736,436)
Depreciation and amortization	5,573,474	6,562,334
Interest expense	422,327	310,044
Income tax expense benefit	873,027	931,951
Intercompany Revenue [Member]
Revenues	3,274,503	3,108,571
North America [Member]
Net income (loss) after taxes and before non-controlling interest	(237,708)	(454,297)
Depreciation and amortization	43,049	47,583
Interest expense	113	138
Europe [Member]
Net income (loss) after taxes and before non-controlling interest	1,059,823	(1,956,137)
Depreciation and amortization	249,256	206,407
Interest expense	15,628	17,462
Income tax expense benefit	(8,435)
Europe [Member] \| Intercompany Revenue [Member]
Revenues	545,330	509,328
Asia - Pacific [Member]
Net income (loss) after taxes and before non-controlling interest	8,226,973	5,758,076
Depreciation and amortization	5,281,169	6,308,344
Interest expense	396,184	283,868
Income tax expense benefit	881,462	931,951
Asia - Pacific [Member] \| Intercompany Revenue [Member]
Revenues	2,729,173	2,599,243
Corporate Headquarters [Member]
Net income (loss) after taxes and before non-controlling interest	(1,899,110)	(5,084,078)
Interest expense	10,402	8,576
Unaffiliated Customers [Member]
Revenues	54,592,545	57,175,178
Unaffiliated Customers [Member] \| North America [Member]
Revenues	4,036,626	5,624,434
Unaffiliated Customers [Member] \| Europe [Member]
Revenues	6,767,845	5,550,536
Unaffiliated Customers [Member] \| Asia - Pacific [Member]
Revenues	43,788,074	46,000,208
Affiliated Customers [Member]
Revenues	6,337,713	8,191,090
Affiliated Customers [Member] \| Europe [Member]
Revenues	2,111,315	1,299,784
Affiliated Customers [Member] \| Asia - Pacific [Member]
Revenues	$ 4,226,398	$ 6,891,306

- Definition

The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.

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