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Other Long Term Assets (Tables) | 9 Months Ended
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Mar. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Schedule of Other Long Term Assets |
|  |  |  | As of |  |  | As of |
|  |  |  | March 31, 2018 |  |  | June 30, 2017 |
Investment |  | (1) |  | $ | 3,174,314 |  |  | $ | 3,057,020 |
Long Term Security Deposits |  |  |  |  | 105,154 |  |  |  | 154,275 |
Total |  |  |  | $ | 3,279,468 |  |  | $ | 3,211,295 |
| (1) | Investment in WRLD3D – Related party
On March 2, 2016, the Company purchased a 4.9% interest in WRLD3D, a non-public company, for $1,111,111. The Company paid $555,556 at the initial closing and $555,555 on September 1, 2016. NetSol PK, a subsidiary of the Company, purchased a 12.2% investment in WRLD3D, for $2,777,778 which will be earned over future periods by providing IT and enterprise software solutions. Per the agreement, NetSol PK is to provide a minimum of $200,000 of services in each three-month period and the entire balance is required to be provided within three years of the date of the agreement. If NetSol PK fails to provide the future services, it may be required to forfeit the unearned shares back to WRLD3D. As of March 31, 2018, the investment earned by NetSol PK is $2,597,778.

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- Definition Tabular disclosure of noncurrent assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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