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SHARE BASED PAYMENTS | 3 Months Ended
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Sep. 30, 2021
Share-based Payment Arrangement [Abstract] |
SHARE BASED PAYMENTS | NOTE 17 – SHARE BASED PAYMENTS The following table summarizes stock grants awarded as compensation: SUMMARY OF UNVESTED STOCK GRANTS AWARDED AS COMPENSATION
|  | # of shares |  |  | Weighted Average Grant Date Fair Value ($) |
Unvested, June 30, 2021 |  |  | 6,985 |  |  | $ | 5.75 |
Granted |  |  | - |  |  | $ | - |
Vested |  |  | (1,985 | ) |  | $ | 6.05 |
Forfeited / Cancelled |  |  | - |  |  | $ | - |
Unvested, September 30, 2021 |  |  | 5,000 |  |  | $ | 5.69 |
For the three months ended September 30, 2021 and 2020, the Company recorded compensation expense of $3,003 and $90,617, respectively. The compensation expense related to the unvested stock grants as of September 30, 2021 was $28,450 which will be recognized during the fiscal year 2022. NETSOL TECHNOLOGIES, INC. Notes to Condensed Consolidated Financial Statements September 30, 2021 (Unaudited)

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- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
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