Quarterly report pursuant to Section 13 or 15(d)

Goodwill (Tables)

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Goodwill (Tables)
 3 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill Acquired

Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired in businesses combinations. Goodwill was comprised of the following amounts:

 

    As of
September 30, 2015 		    As of
June 30, 2015 		 
NetSol PK   $ 1,166,610     $ 1,166,610  
NTE     3,471,814       3,471,814  
VLS     214,044       214,044  
NTA     4,664,100       4,664,100  
Total   $ 9,516,568     $ 9,516,568