XML 57 R45.htm IDEA: XBRL DOCUMENT v3.22.2.2

SEGMENT INFORMATION AND GEOGRAPHIC AREAS (Tables)

12 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

SUMMARY OF IDENTIFIABLE ASSETS

The following table presents a summary of identifiable assets as of June 30, 2022 and 2021:

 SUMMARY OF IDENTIFIABLE ASSETS

			1				2
		As of				As of
		June 30, 2022				June 30, 2021
Identifiable assets:
Corporate headquarters		$	844,178			$	2,067,474
North America			6,442,219				6,073,616
Europe			8,727,530				10,363,611
Asia - Pacific			56,594,705				68,101,560
Consolidated		$	72,608,632			$	86,606,261
Identifiable assets		$	72,608,632			$	86,606,261

SUMMARY OF INVESTMENT UNDER EQUITY METHOD

The following table presents a summary of investments under the equity method as of June 30, 2022 and 2021:

 SUMMARY OF INVESTMENT UNDER EQUITY METHOD

			1				2
		As of				As of
		June 30, 2022				June 30, 2021
Investment in associates under equity method:
Corporate headquarters		$	-			$	396,403
Asia - Pacific			1,059,368				2,759,449
Consolidated		$	1,059,368			$	3,155,852
Equity method investment		$	1,059,368			$	3,155,852

SUMMARY OF OPERATING INFORMATION

The following table presents a summary of operating information for the years ended June 30:

 SUMMARY OF OPERATING INFORMATION

			1				2
		For the Years
		Ended June 30,
		2022				2021
Revenues from unaffiliated customers:
North America		$	4,288,008			$	3,724,547
Europe			10,428,203				11,283,499
Asia - Pacific			42,531,768				39,863,794
Revenues			57,247,979				54,871,840
Revenue from affiliated customers
Asia - Pacific			-				48,775
Revenues			-				48,775
Consolidated		$	57,247,979			$	54,920,615
Revenues		$	57,247,979			$	54,920,615
Intercompany revenue
Europe		$	453,242			$	549,031
Asia - Pacific			9,612,755				11,678,429
Eliminated		$	10,065,997			$	12,227,460
Revenues		$	10,065,997			$	12,227,460
Net income (loss) after taxes and before non-controlling interest:
Corporate headquarters		$	(1,027,044	)		$	1,992,218
North America			(116,199	)			(161,198	)
Europe			(1,407,252	)			(74,146	)
Asia - Pacific			3,651,298				504,758
Consolidated		$	1,100,803			$	2,261,632
Net income (loss) after taxes and before non-controlling interest		$	1,100,803			$	2,261,632
Depreciation and amortization:
North America		$	1,995			$	4,310
Europe			396,519				465,825
Asia - Pacific			3,413,759				3,486,179
Consolidated		$	3,812,273			$	3,956,314
Depreciation and amortization		$	3,812,273			$	3,956,314
Interest expense:
Corporate headquarters		$	32,915			$	17,418
Europe			10,335				11,426
Asia - Pacific			326,551				365,445
Consolidated		$	369,801			$	394,289
Interest expense		$	369,801			$	394,289
Income tax expense:
Corporate headquarters		$	800			$	69,350
North America			2,000				44,604
Europe			15,862				190,730
Asia - Pacific			970,276				721,933
Consolidated		$	988,938			$	1,026,617
Income tax expense		$	988,938			$	1,026,617

SUMMARY OF CAPITAL EXPENDITURES

The following table presents a summary of capital expenditures for the years ended June 30:

 SUMMARY OF CAPITAL EXPENDITURES

			1				2
		For the Years
		Ended June 30,
		2022				2021
Capital expenditures:
North America		$	-			$	1,521
Europe			151,378				441,672
Asia - Pacific			2,457,827				2,108,090
Consolidated		$	2,609,205			$	2,551,283
Capital expenditures		$	2,609,205			$	2,551,283

SCHEDULE OF GEOGRAPHIC INFORMATION

Disclosed in the table below is geographic information for each country that comprised greater than five percent of total revenues for the years ended June 30, 2022 and 2021.

 SCHEDULE OF GEOGRAPHIC INFORMATION

		June 30, 2022								June 30, 2021
		Revenue				Long-lived Assets				Revenue				Long-lived Assets
China		$	20,533,170			$	256,468			$	22,716,598			$	509,935
Thailand			2,781,867				1,240,082				4,518,145				2,033,628
USA			3,161,365				4,852,458				2,691,811				5,440,078
UK			10,428,203				4,986,192				11,283,500				5,217,594
Pakistan & India			3,751,603				11,836,992				1,478,071				17,618,325
Australia & New Zealand			6,545,872				8,304				4,771,216				207,927
Mexico			1,126,643				-				1,032,736				-
Indonesia			2,957,354				-				3,221,342				-
South Africa			2,057,608				-				924,316				-
Other Countries			3,904,294				-				2,282,880				-
Total		$	57,247,979			$	23,180,496			$	54,920,615			$	31,027,487

SCHEDULE OF RECONCILIATION OF REVENUE

Disclosed in the table below is the geographic information of total revenues by country for the years ended June 30, 2022 and 2021.

 SCHEDULE OF RECONCILIATION OF REVENUE

		Revenues 2022
		Total				China				Thailand				USA				UK				Pakistan & India				Australia & New Zealand				Mexico				Indonesia				South Africa				Other Countries
North America:		$	4,288,008			$	-			$	-			$	3,161,365			$	-			$	-			$	-			$	1,126,643			$	-			$	-			$	-
Europe:			10,428,203				-				-				-				10,428,203				-				-				-				-				-				-
Asia-Pacific:			42,531,768				20,533,170				2,781,867				-				-				3,751,603				6,545,872				-				2,957,354				2,057,608				3,904,294
Total		$	57,247,979			$	20,533,170			$	2,781,867			$	3,161,365			$	10,428,203			$	3,751,603			$	6,545,872			$	1,126,643			$	2,957,354			$	2,057,608			$	3,904,294

		Revenues 2021
		Total				China				Thailand				USA				UK				Pakistan & India				Australia & New Zealand				Mexico				Indonesia				South Africa				Other Countries
North America:		$	3,724,547			$	-			$	-			$	2,691,811			$	-			$	-			$	-			$	1,032,736			$	-			$	-			$	-
Europe:			11,283,500				-				-				-				11,283,500				-				-				-				-				-				-
Asia-Pacific:			39,912,568				22,716,598				4,518,145				-				-				1,478,071				4,771,216				-				3,221,342				924,316				2,282,880
Total		$	54,920,615			$	22,716,598			$	4,518,145			$	2,691,811			$	11,283,500			$	1,478,071			$	4,771,216			$	1,032,736			$	3,221,342			$	924,316			$	2,282,880

X

- Definition

Schedule Of Reconciliation Of Revenue [Table Text Block]

+ References

No definition available.

+ Details

Name:	NTWK_ScheduleOfReconciliationOfRevenueTableTextBlock
Namespace Prefix:	NTWK_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

+ Details

Name:	us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

+ Details

Name:	us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration