Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2022	Jun. 30, 2021
Current assets:
Cash and cash equivalents	$ 30,573,312	$ 33,705,154
Accounts receivable, net of allowance of $208,547 and $166,231	7,054,468	4,184,096
Accounts receivable - related party, net of allowance of $1,373,099  and $1,373,099
Revenues in excess of billings, net of allowance of $84,209 and $136,976	14,610,725	14,680,131
Revenues in excess of billings - related party, net of allowance of $8,163 and $8,163
Other current assets, net of allowance of $1,243,633 and $1,243,633	2,864,742	3,009,393
Total current assets	55,103,247	55,578,774
Revenues in excess of billings, net - long term	993,862	957,603
Convertible note receivable - related party, net of allowance of $4,250,000  and $4,250,000
Property and equipment, net	10,114,458	12,091,812
Right of use of assets - operating leases	1,238,713	1,345,869
Long term investment	2,893,700	3,155,852
Other assets	37,583	55,127
Intangible assets, net	2,178,128	3,904,656
Goodwill	9,516,568	9,516,568
Total assets	82,076,259	86,606,261
Current liabilities:
Accounts payable and accrued expenses	6,317,127	6,696,035
Current portion of loans and obligations under finance leases	9,622,669	11,366,171
Current portion of operating lease obligations	706,684	857,729
Unearned revenue	6,948,669	4,556,626
Total current liabilities	23,595,149	23,476,561
Loans and obligations under finance leases; less current maturities	127,899	699,841
Operating lease obligations; less current maturities	570,871	564,257
Total liabilities	24,293,919	24,740,659
Stockholders’ equity:
Preferred stock, $.01 par value; 500,000 shares authorized;
Common stock, $.01 par value; 14,500,000 shares authorized; 12,191,570  shares issued and 11,252,539  outstanding as of March 31, 2022  and  12,181,585  shares issued and 11,265,064  outstanding as of June 30, 2021	121,916	121,816
Additional paid-in-capital	129,084,786	129,018,826
Treasury stock (at cost, 939,031 shares and 916,521 shares  as of March 31, 2022 and June 30, 2021, respectively)	(3,920,856)	(3,820,750)
Accumulated deficit	(37,484,998)	(38,801,282)
Other comprehensive loss	(36,740,406)	(31,868,481)
Total NetSol stockholders’ equity	51,060,442	54,650,129
Non-controlling interest	6,721,898	7,215,473
Total stockholders’ equity	57,782,340	61,865,602
Total liabilities and stockholders’ equity	$ 82,076,259	$ 86,606,261