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INTANGIBLE ASSETS | 6 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | NOTE 11 - INTANGIBLE ASSETS Intangible assets consisted of the following: SCHEDULE OF INTANGIBLE ASSETS
|  | As of |  |  | As of |
|  | December 31, 2023 |  |  | June 30, 2023 |
Product Licenses - Cost |  | $ | 39,395,533 |  |  | $ | 47,244,997 |
Effect of Translation Adjustment |  |  | (24,427,792 | ) |  |  | (24,756,959 | )
Accumulated Amortization |  |  | (14,967,741 | ) |  |  | (22,360,107 | )
Net Balance |  | $ | - |  |  | $ | 127,931 |
Product Licenses Product licenses include internally developed software cost. Product licenses are amortized on a straight-line basis over their respective lives. Amortization expense for the three and six months ended December 31, 2023, was $nil and $126,041, respectively. Amortization expense for the three and six months ended December 31, 2022, was $322,672 and $645,492, respectively. NETSOL TECHNOLOGIES, INC. Notes to Condensed Consolidated Financial Statements December 31, 2023 (Unaudited)

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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