Quarterly report pursuant to Section 13 or 15(d)

Goodwill (Tables)

v3.6.0.2
Goodwill (Tables)
6 Months Ended
Dec. 31, 2016
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
December 31, 2016
    As of
June 30, 2016
 
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