XML 30 R18.htm IDEA: XBRL DOCUMENT
v3.25.3

PROPERTY AND EQUIPMENT | 3 Months Ended
--- | ---
Sep. 30, 2025
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT | NOTE 9 - PROPERTY AND EQUIPMENT Property and equipment consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT
|  | As of September 30, 2025 |  |  | As of June 30, 2025 |
Office Furniture and Equipment |  | $ | 2,490,058 |  |  | $ | 2,437,002 |
Computer Equipment |  |  | 9,535,551 |  |  |  | 9,513,181 |
Assets Under Capital Leases |  |  | 143,494 |  |  |  | 145,197 |
Building |  |  | 3,553,010 |  |  |  | 3,532,475 |
Land |  |  | 900,179 |  |  |  | 894,698 |
Autos |  |  | 1,850,649 |  |  |  | 1,603,271 |
Improvements |  |  | 218,374 |  |  |  | 217,230 |
Subtotal |  |  | 18,691,315 |  |  |  | 18,343,054 |
Accumulated Depreciation |  |  | (13,502,723 | ) |  |  | (13,269,682 | )
Property and Equipment, Net |  | $ | 5,188,592 |  |  | $ | 5,073,372 |
For the three months ended September 30, 2025 and 2024, depreciation expense totaled $324,606 and $365,997, respectively. Of these amounts, $208,731 and $228,550, respectively, are reflected in cost of revenues. Following is a summary of fixed assets held under finance leases as of September 30, 2025 and June 30, 2025: SCHEDULE OF FIXED ASSETS HELD UNDER CAPITAL LEASES
|  | As of September 30, 2025 |  |  | As of June 30, 2025 |
Vehicles |  | $ | 143,494 |  |  | $ | 145,197 |
Total |  |  | 143,494 |  |  |  | 145,197 |
Less: Accumulated Depreciation - Net |  |  | (55,889 | ) |  |  | (47,807 | )
Fixed assets held under capital leases, Total |  | $ | 87,605 |  |  | $ | 97,390 |
Finance lease term and discount rate were as follows: SCHEDULE OF FINANCE LEASE TERM
|  | As of |  |  | As of |
|  | September 30, 2025 |  |  | June 30, 2025 |
Weighted average remaining lease term - Finance leases |  |  | 1.5 Years |  |  |  | 1.75 Years |
Weighted average discount rate - Finance leases |  |  | 11.3 | % |  |  | 11.3 | %
NETSOL TECHNOLOGIES, INC. Notes to Condensed Consolidated Financial Statements September 30, 2025 (Unaudited)

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration