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

REVENUES IN EXCESS OF BILLINGS – LONG TERM (Tables)

3 Months Ended

Sep. 30, 2022

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

	As of			As of
	September 30, 2022			June 30, 2022

Revenues in excess of billings - long term	$	733,114		$	881,940
Present value discount		(18,656	)		(28,339	)
Net Balance	$	714,458		$	853,601