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NETSOL TECHNOLOGIES INC

For the period ended Mar 31, 2026. Filed May 14, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 14, 2026

NTWK$6.49+0.3%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 10-Q

(Mark One)

☒Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended March 31, 2026

☐For the transition period from __________ to __________

Commission file number:0-22773

(Exact name of Registrant as specified in its charter)

nevada95-4627685
(State or other Jurisdiction of Incorporation or Organization)(I.R.S. Employer NO.)

16000 Ventura Blvd., Suite 770, Encino, CA 91436

(Address of principal executive offices) (Zip Code)

(818) 222-9195 / (818) 222-9197

(Issuer’s telephone/facsimile numbers, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of exchange on which registered
Common Stock, $0.01 par value per shareNTWKNASDAQ

Indicate by check mark whether the issuer: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the issuer was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes ☒No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act (Check one):

Large Accelerated Filer ☐Accelerated Filer ☐
Non-accelerated Filer ☒Smaller reporting company ☒
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act)

Yes ☐ No☒

The issuer had 12,815,445 shares issued and 11,876,414 outstanding of its $.01 par value Common Stock and no Preferred Stock outstanding as of May 08, 2026.

Page No.
PART I. FINANCIAL INFORMATION3
Item 1. Financial Statements (Unaudited)3
Condensed Consolidated Balance Sheets as of March 31, 2026 and June 30, 20253
Condensed Consolidated Statements of Operations for the Three and Nine Months Ended March 31, 2026 and 20254
Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three and Nine Months Ended March 31, 2026 and 20255
Condensed Consolidated Statements of Stockholders’ Equity for the Three and Nine Months Ended March 31, 2026 and 20256
Condensed Consolidated Statements of Cash Flows for the Nine Months Ended March 31, 2026 and 20259
Notes to the Condensed Consolidated Financial Statements11
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations39
Item 3. Quantitative and Qualitative Disclosures about Market Risk54
Item 4. Controls and Procedures54
PART II. OTHER INFORMATION55
Item 1. Legal Proceedings55
Item 1A Risk Factors55
Item 2. Unregistered Sales of Equity and Use of Proceeds55
Item 3. Defaults Upon Senior Securities55
Item 4. Mine Safety Disclosures55
Item 5. Other Information55
Item 6. Exhibits55
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