2023 Q1 Form 10-Q Financial Statement

#000149315223004714 Filed on February 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2021 Q4
Revenue $13.51M $12.39M $15.47M
YoY Change -8.8% -19.92% 17.93%
Cost Of Revenue $8.801M $9.248M $7.830M
YoY Change -1.94% 18.1% 10.6%
Gross Profit $4.705M $3.142M $7.643M
YoY Change -19.36% -58.88% 26.53%
Gross Profit Margin 34.84% 25.36% 49.39%
Selling, General & Admin $5.153M $5.518M $5.540M
YoY Change -12.9% -0.41% -1.42%
% of Gross Profit 109.52% 175.59% 72.49%
Research & Development $302.3K $472.9K $235.4K
YoY Change 20.42% 100.9% 113.99%
% of Gross Profit 6.42% 15.05% 3.08%
Depreciation & Amortization $180.1K $198.2K $941.7K
YoY Change -81.0% -78.95% 1.26%
% of Gross Profit 3.83% 6.31% 12.32%
Operating Expenses $5.635M $6.189M $5.989M
YoY Change -11.58% 3.34% 0.65%
Operating Profit -$930.4K -$3.047M $1.654M
YoY Change 72.53% -284.21% 1737.63%
Interest Expense $188.1K $202.4K $1.047M
YoY Change -73.16% -80.67% 1062.93%
% of Operating Profit 63.28%
Other Income/Expense, Net $5.401M $864.6K $19.67K
YoY Change -17924.04% 4295.56% -60.66%
Pretax Income $4.470M -$2.182M $2.640M
YoY Change 3090.07% -182.65% 1452.97%
Income Tax $227.7K $220.1K $201.5K
% Of Pretax Income 5.09% 7.63%
Net Earnings $2.545M -$2.093M $1.407M
YoY Change -1013.79% -248.77% -686.16%
Net Earnings / Revenue 18.84% -16.89% 9.09%
Basic Earnings Per Share $0.23 -$0.19 $0.13
Diluted Earnings Per Share $0.23 -$0.19 $125.1K
COMMON SHARES
Basic Shares Outstanding 11.28M shares 11.27M shares 11.24M shares
Diluted Shares Outstanding 11.28M shares 11.27M shares 11.24M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.26M $20.95M $25.59M
YoY Change -50.09% -18.14% -20.04%
Cash & Equivalents $15.26M $20.95M $25.59M
Short-Term Investments
Other Short-Term Assets $2.600M $2.749M $2.524M
YoY Change -6.19% 8.9% 9.73%
Inventory
Prepaid Expenses $1.438M $1.634M
Receivables $9.223M $4.596M $25.92M
Other Receivables $188.2K $52.47K $57.61K
Total Short-Term Assets $40.82M $43.08M $54.09M
YoY Change -25.91% -20.36% 2.25%
LONG-TERM ASSETS
Property, Plant & Equipment $6.871M $8.720M $11.29M
YoY Change -39.48% -22.8% -19.9%
Goodwill $9.303M $9.303M
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.067M $1.065M $2.922M
YoY Change -63.13% -63.57% -21.04%
Other Assets $425.00 $532.00 $33.20K
YoY Change -98.87% -98.4%
Total Long-Term Assets $18.73M $21.74M $27.41M
YoY Change -30.58% -20.69% -15.92%
TOTAL ASSETS
Total Short-Term Assets $40.82M $43.08M $54.09M
Total Long-Term Assets $18.73M $21.74M $27.41M
Total Assets $59.55M $64.82M $81.50M
YoY Change -27.45% -20.47% -4.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $988.0K $942.7K $871.5K
YoY Change -44.86% 8.17% -32.97%
Accrued Expenses $4.103M $4.115M $5.466M
YoY Change -10.16% -24.71% -4.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $167.2K $191.7K $10.15M
YoY Change -98.26% -98.11% -2.42%
Total Short-Term Liabilities $17.66M $19.36M $21.03M
YoY Change -25.17% -7.96% -3.08%
LONG-TERM LIABILITIES
Long-Term Debt $209.5K $293.3K $120.3K
YoY Change 63.83% 143.81% -92.48%
Other Long-Term Liabilities $651.4K $789.6K $319.6K
YoY Change 14.11% 147.06% -68.04%
Total Long-Term Liabilities $209.5K $293.3K $439.9K
YoY Change -70.01% -33.33% -83.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.66M $19.36M $21.03M
Total Long-Term Liabilities $209.5K $293.3K $439.9K
Total Liabilities $18.52M $20.45M $28.40M
YoY Change -40.28% -27.97% -9.85%
SHAREHOLDERS EQUITY
Retained Earnings -$39.82M -$42.37M
YoY Change
Common Stock $122.4K $122.2K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.921M $3.921M
YoY Change
Treasury Stock Shares 939.0K shares
Shareholders Equity $37.72M $40.31M $53.10M
YoY Change
Total Liabilities & Shareholders Equity $59.55M $64.82M $81.50M
YoY Change -27.45% -20.47% -4.68%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2021 Q4
OPERATING ACTIVITIES
Net Income $2.545M -$2.093M $1.407M
YoY Change -1013.79% -248.77% -686.16%
Depreciation, Depletion And Amortization $180.1K $198.2K $941.7K
YoY Change -81.0% -78.95% 1.26%
Cash From Operating Activities $875.1K $390.7K $355.0K
YoY Change -89.78% 10.04% -95.53%
INVESTING ACTIVITIES
Capital Expenditures $322.7K -$95.27K -$557.8K
YoY Change -135.59% -82.92% -26.6%
Acquisitions
YoY Change
Other Investing Activities $83.12K -$383.3K $182.1K
YoY Change -30.43% -310.55% 203.43%
Cash From Investing Activities -$239.6K -$288.1K -$375.8K
YoY Change -69.57% -23.34% -46.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 19.83K -91.44K -163.4K
YoY Change -109.62% -44.04% -82.8%
NET CHANGE
Cash From Operating Activities 875.1K 390.7K 355.0K
Cash From Investing Activities -239.6K -288.1K -375.8K
Cash From Financing Activities 19.83K -91.44K -163.4K
Net Change In Cash 655.3K 11.19K -184.1K
YoY Change -91.34% -106.08% -102.93%
FREE CASH FLOW
Cash From Operating Activities $875.1K $390.7K $355.0K
Capital Expenditures $322.7K -$95.27K -$557.8K
Free Cash Flow $552.4K $486.0K $912.9K
YoY Change -94.17% -46.77% -89.51%

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CY2021Q4 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-80125 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
28344 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-190725 usd
CY2022Q4 us-gaap Interest Expense Other
InterestExpenseOther
202363 usd
CY2021Q4 us-gaap Interest Expense Other
InterestExpenseOther
90808 usd
us-gaap Interest Expense Other
InterestExpenseOther
323973 usd
us-gaap Interest Expense Other
InterestExpenseOther
191821 usd
CY2022Q4 us-gaap Interest Income Other
InterestIncomeOther
309906 usd
CY2021Q4 us-gaap Interest Income Other
InterestIncomeOther
316253 usd
us-gaap Interest Income Other
InterestIncomeOther
741763 usd
us-gaap Interest Income Other
InterestIncomeOther
759386 usd
CY2022Q4 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
657223 usd
CY2021Q4 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
901016 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1972928 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2185164 usd
CY2022Q4 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
5133 usd
CY2021Q4 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-79818 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
5133 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-240783 usd
CY2022Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
89660 usd
CY2021Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
19668 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
91980 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
22697 usd
CY2022Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
864607 usd
CY2021Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
986186 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2516175 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2343918 usd
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2181907 usd
CY2021Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2640054 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2426530 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3358176 usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
220056 usd
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
201506 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
413404 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
369133 usd
CY2022Q4 us-gaap Profit Loss
ProfitLoss
-2401963 usd
CY2021Q4 us-gaap Profit Loss
ProfitLoss
2438548 usd
us-gaap Profit Loss
ProfitLoss
-2839934 usd
us-gaap Profit Loss
ProfitLoss
2989043 usd
CY2022Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-309037 usd
CY2021Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1031763 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-126279 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1394289 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-2092926 usd
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
1406785 usd
us-gaap Net Income Loss
NetIncomeLoss
-2713655 usd
us-gaap Net Income Loss
NetIncomeLoss
1594754 usd
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11270199 shares
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11244539 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11263869 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11249372 shares
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11270199 shares
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11244539 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11263869 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11249372 shares
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-2092926 usd
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
1406785 usd
us-gaap Net Income Loss
NetIncomeLoss
-2713655 usd
us-gaap Net Income Loss
NetIncomeLoss
1594754 usd
CY2022Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
352175 usd
CY2021Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-1466995 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-3799344 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-4751391 usd
CY2022Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
82380 usd
CY2021Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-545252 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-1151089 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-1684243 usd
CY2022Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
269795 usd
CY2021Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-921743 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2648255 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-3067148 usd
CY2022Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1823131 usd
CY2021Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
485042 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5361910 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1472394 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
46346567 usd
CY2022Q4 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
39750 usd
CY2022Q4 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
24583 usd
CY2022Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
352175 usd
CY2022Q4 us-gaap Profit Loss
ProfitLoss
-2401963 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
44361112 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
50854223 usd
CY2022Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
39750 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
42084 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4151519 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-437971 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
46346567 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
59043604 usd
CY2021Q4 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
9900 usd
CY2021Q4 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
1164 usd
CY2021Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1466995 usd
CY2021Q4 us-gaap Profit Loss
ProfitLoss
2438548 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
60026221 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
61865602 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
61865602 usd
CY2021Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
12009 usd
CY2021Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
100106 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3284396 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
550495 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
550495 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
59043604 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
59043604 usd
us-gaap Profit Loss
ProfitLoss
-2839934 usd
us-gaap Profit Loss
ProfitLoss
2989043 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1736503 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1921738 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-67176 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-33815 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5133 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-240783 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
28344 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-190725 usd
us-gaap Share Based Compensation
ShareBasedCompensation
146167 usd
us-gaap Share Based Compensation
ShareBasedCompensation
28292 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3772091 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3243348 usd
NTWK Increase Decrease Revenues In Excess Of Billing
IncreaseDecreaseRevenuesInExcessOfBilling
-702812 usd
NTWK Increase Decrease Revenues In Excess Of Billing
IncreaseDecreaseRevenuesInExcessOfBilling
-4741806 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
529579 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-304464 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
904731 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
56539 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-696971 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-749249 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1689543 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3036634 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1252325 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
773953 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
70283 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
201773 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1182042 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-572180 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
100106 usd
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
188272 usd
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
537180 usd
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
715121 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-537180 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-626955 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-2987396 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-3881870 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3017075 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8117639 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
23963797 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
33705154 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
20946722 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
25587515 usd
us-gaap Interest Paid Net
InterestPaidNet
226271 usd
us-gaap Interest Paid Net
InterestPaidNet
238569 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
395710 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
390307 usd
us-gaap Stock Issued1
StockIssued1
9900 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_844_eus-gaap--UseOfEstimates_z7C6VB2TRGca" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif"><span id="xdx_866_zkZoxpNG4pD4">Use of Estimates</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The areas requiring significant estimates are provision for doubtful accounts, provision for taxation, useful life of depreciable assets, useful life of intangible assets, contingencies, assumptions used to determine the net present value of operating lease liabilities, and estimated contract costs. The estimates and underlying assumptions are reviewed on an ongoing basis. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif"><b> </b></span></p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84A_eus-gaap--ConcentrationRiskCreditRisk_zWENKhPgyL9f" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif"><span id="xdx_86B_z1Esj2v6Uvq8">Concentration of Credit Risk</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Cash includes cash on hand and demand deposits in accounts maintained within the United States as well as in foreign countries. Certain financial instruments, which subject the Company to concentration of credit risk, consist of cash and restricted cash. The Company maintains balances at financial institutions which, from time to time, may exceed Federal Deposit Insurance Corporation insured limits for the banks located in the United States. Balances at financial institutions within certain foreign countries are not covered by insurance except balances maintained in China are insured for RMB <span id="xdx_904_eus-gaap--CashFDICInsuredAmount_iI_pp0p0_uRMB_c20221231__srt--StatementGeographicalAxis__country--CN_zd5P408Gr0A7" title="Cash, FDIC insured amount">500,000</span> ($<span id="xdx_907_eus-gaap--CashFDICInsuredAmount_iI_pp0p0_c20221231__srt--StatementGeographicalAxis__country--CN_zgfrk57qwe7h" title="Cash, FDIC insured amount">72,464</span>) in each bank and in the UK for GBP <span id="xdx_90D_eus-gaap--CashFDICInsuredAmount_iI_pp0p0_uGBP_c20221231__srt--StatementGeographicalAxis__country--GB_zTrsPcX6r1G" title="Cash, FDIC insured amount">85,000</span> ($<span id="xdx_904_eus-gaap--CashFDICInsuredAmount_iI_pp0p0_c20221231__srt--StatementGeographicalAxis__country--GB_zJRZ5iF4S4Qb" title="Cash, FDIC insured amount">102,410</span>) in each bank. The Company maintains three bank accounts in China and nine bank accounts in the UK. As of December 31, 2022, and June 30, 2022, the Company had uninsured deposits related to cash deposits in accounts maintained within foreign entities of approximately $<span id="xdx_904_eus-gaap--CashUninsuredAmount_iI_pp0p0_c20221231_zue7fAU99hVb" title="Uninsured deposits related to cash deposits">18,568,700</span> and $<span id="xdx_90D_eus-gaap--CashUninsuredAmount_iI_pp0p0_c20220630_z3UmFQqnkYe2" title="Uninsured deposits related to cash deposits">22,758,963</span>, respectively. The Company has not experienced any losses in such accounts.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The Company’s operations are carried out globally. Accordingly, the Company’s business, financial condition and results of operations may be influenced by the political, economic and legal environments of each country and by the general state of the country’s economy. The Company’s operations in each foreign country are subject to specific considerations and significant risks not typically associated with companies in economically developed nations. These include risks associated with, among others, the political, economic and legal environments and foreign currency exchange. The Company’s results may be adversely affected by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif"><b> </b></span></p>
CY2022Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
18568700 usd
CY2022Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
22758963 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
604358 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
604358 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
853601 usd
CY2022Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
853601 usd
CY2022Q2 NTWK Contract With Customer Asset
ContractWithCustomerAsset
853601 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
18657 usd
NTWK Contract With Customer Asset Transfers To Short Term
ContractWithCustomerAssetTransfersToShortTerm
-268116 usd
NTWK Contract With Customer Liability Effect Of Translation Adjustment
ContractWithCustomerLiabilityEffectOfTranslationAdjustment
216 usd
CY2022Q4 NTWK Contract With Customer Asset
ContractWithCustomerAsset
604358 usd
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12390358 usd
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15472962 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25096477 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
28893723 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
15389951 usd
CY2022Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
15425377 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
4048768 usd
CY2022Q2 us-gaap Deferred Revenue
DeferredRevenue
4901562 usd
CY2022Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
675857 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2784572 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
36000000 usd
CY2022Q4 NTWK Revenue Remaining Performance Obligation Next Twelve Months
RevenueRemainingPerformanceObligationNextTwelveMonths
14500000 usd
NTWK Revenue Remaining Performance Obligations Expected Timing Of Satisfaction Period
RevenueRemainingPerformanceObligationsExpectedTimingOfSatisfactionPeriod
P3Y
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
4250000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-42011340 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-39363085 usd
CY2022Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
269795 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2648255 usd
CY2021Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-921743 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-3067148 usd
CY2017Q2 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.05 pure
CY2017Q2 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2018-03-02
CY2017Q2 us-gaap Convertible Debt
ConvertibleDebt
750000 usd
CY2017Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
110202 usd
CY2018Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.10 pure
CY2018Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2019-03-31
CY2018Q1 us-gaap Convertible Debt
ConvertibleDebt
2500000 usd
CY2018Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
500773 usd
CY2019Q2 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
10 pure
CY2019Q2 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2020-03-31
CY2019Q2 us-gaap Convertible Debt
ConvertibleDebt
600000 usd
CY2019Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
57648 usd
CY2019Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.10 pure
CY2019Q3 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2020-03-31
CY2019Q3 us-gaap Convertible Debt
ConvertibleDebt
400000 usd
CY2019Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
32439 usd
CY2022Q4 us-gaap Convertible Debt
ConvertibleDebt
4250000 usd
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
701062 usd
CY2022Q4 us-gaap Accounts Payable Interest Bearing Current And Noncurrent
AccountsPayableInterestBearingCurrentAndNoncurrent
701062 usd
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
701062 usd
CY2022Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
701062 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1634444 usd
CY2022Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1389370 usd
CY2022Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
240223 usd
CY2022Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
202783 usd
CY2022Q4 us-gaap Due From Employees Current
DueFromEmployeesCurrent
109972 usd
CY2022Q2 us-gaap Due From Employees Current
DueFromEmployeesCurrent
87627 usd
CY2022Q4 us-gaap Security Deposit
SecurityDeposit
234638 usd
CY2022Q2 us-gaap Security Deposit
SecurityDeposit
236909 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
52470 usd
CY2022Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
21581 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
476773 usd
CY2022Q2 us-gaap Other Assets
OtherAssets
285091 usd
CY2022Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
1243633 usd
CY2022Q2 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
1243633 usd
CY2022Q4 NTWK Other Current Asset Current
OtherCurrentAssetCurrent
3992153 usd
CY2022Q2 NTWK Other Current Asset Current
OtherCurrentAssetCurrent
3466994 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1243633 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1243633 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
2748520 usd
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
2223361 usd
CY2022Q4 NTWK Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected After One Year Gross
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedAfterOneYearGross
613734 usd
CY2022Q2 NTWK Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected After One Year Gross
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedAfterOneYearGross
881940 usd
CY2022Q4 NTWK Fair Value Adjustment Of Revenue In Excess Of Billings Long Term To Subsequent Period
FairValueAdjustmentOfRevenueInExcessOfBillingsLongTermToSubsequentPeriod
9376 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
42916 usd
CY2022Q2 NTWK Fair Value Adjustment Of Revenue In Excess Of Billings Long Term To Subsequent Period
FairValueAdjustmentOfRevenueInExcessOfBillingsLongTermToSubsequentPeriod
28339 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
604358 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
853601 usd
CY2022Q4 us-gaap Interest Income Operating
InterestIncomeOperating
9288 usd
us-gaap Interest Income Operating
InterestIncomeOperating
18657 usd
CY2021Q4 us-gaap Interest Income Operating
InterestIncomeOperating
9539 usd
us-gaap Interest Income Operating
InterestIncomeOperating
19041 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
22915288 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
23451688 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14195631 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14069064 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8719657 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9382624 usd
CY2022Q4 us-gaap Depreciation
Depreciation
568828 usd
us-gaap Depreciation
Depreciation
1091011 usd
CY2022Q4 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
370606 usd
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
701835 usd
CY2021Q4 us-gaap Depreciation
Depreciation
527463 usd
us-gaap Depreciation
Depreciation
1067185 usd
CY2021Q4 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
314599 usd
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
640050 usd
CY2022Q4 NTWK Finance Lease Right Of Use Asset Gross
FinanceLeaseRightOfUseAssetGross
59033 usd
CY2022Q2 NTWK Finance Lease Right Of Use Asset Gross
FinanceLeaseRightOfUseAssetGross
305081 usd
CY2022Q4 NTWK Finance Lease Right Of Use Asset Accumulated Depreciation
FinanceLeaseRightOfUseAssetAccumulatedDepreciation
16117 usd
CY2022Q2 NTWK Finance Lease Right Of Use Asset Accumulated Depreciation
FinanceLeaseRightOfUseAssetAccumulatedDepreciation
145658 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
159423 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
42928 usd
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y7M28D
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y4M20D
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.165 pure
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.125 pure
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1246778 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
969163 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
499455 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
548678 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
499455 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
548678 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
789621 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
447260 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
789621 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
447260 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1289076 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
995938 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3099 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
21895 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5995 usd
CY2022Q4 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1552 usd
CY2021Q4 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
3212 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
3359 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
8148 usd
CY2022Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
113079 usd
CY2021Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
97827 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
231601 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
380778 usd
CY2022Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
37986 usd
CY2021Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
38781 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
104622 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
38781 usd
CY2022Q4 us-gaap Sublease Income
SubleaseIncome
7786 usd
CY2021Q4 us-gaap Sublease Income
SubleaseIncome
8950 usd
us-gaap Sublease Income
SubleaseIncome
15598 usd
us-gaap Sublease Income
SubleaseIncome
18105 usd
CY2022Q4 us-gaap Lease Cost
LeaseCost
147930 usd
CY2021Q4 us-gaap Lease Cost
LeaseCost
152765 usd
us-gaap Lease Cost
LeaseCost
329979 usd
us-gaap Lease Cost
LeaseCost
452530 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M21D
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M2D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036 pure
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.042 pure
us-gaap Operating Lease Payments
OperatingLeasePayments
236311 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
369175 usd
NTWK Operating Cash Flows Related From Finance Leases
OperatingCashFlowsRelatedFromFinanceLeases
3358 usd
NTWK Operating Cash Flows Related From Finance Leases
OperatingCashFlowsRelatedFromFinanceLeases
3531 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
16230 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
54844 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
801039 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
534010 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
373602 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
324306 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
120543 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
583 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
874 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1353918 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
64842 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1289076 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
499455 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
789621 usd
CY2022Q4 NTWK Equity Method Investments Gross
EquityMethodInvestmentsGross
5688889 usd
CY2022Q4 NTWK Equity Method Investment Summarized Cumulative Net Loss On Investment
EquityMethodInvestmentSummarizedCumulativeNetLossOnInvestment
-3974146 usd
CY2022Q4 NTWK Equity Method Investment Summarized Cumulative Other Comprehensive Income Loss
EquityMethodInvestmentSummarizedCumulativeOtherComprehensiveIncomeLoss
-650242 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1064501 usd
CY2022Q2 NTWK Equity Method Investments Gross
EquityMethodInvestmentsGross
5688889 usd
CY2022Q2 NTWK Equity Method Investment Summarized Cumulative Net Loss On Investment
EquityMethodInvestmentSummarizedCumulativeNetLossOnInvestment
-3979279 usd
CY2022Q2 NTWK Equity Method Investment Summarized Cumulative Other Comprehensive Income Loss
EquityMethodInvestmentSummarizedCumulativeOtherComprehensiveIncomeLoss
-650242 usd
CY2022Q2 us-gaap Equity Method Investments
EquityMethodInvestments
1059368 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
47244997 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
47244997 usd
CY2022Q4 NTWK Finite Lived Intangible Assets Effect Of Translation Adjustment
FiniteLivedIntangibleAssetsEffectOfTranslationAdjustment
21549533 usd
CY2022Q2 NTWK Finite Lived Intangible Assets Effect Of Translation Adjustment
FiniteLivedIntangibleAssetsEffectOfTranslationAdjustment
19914206 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
24894425 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
25743121 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1587670 usd
CY2022Q2 us-gaap Long Term Loans Payable
LongTermLoansPayable
442747 usd
CY2022Q2 NTWK Subsidiary Finance Leases
SubsidiaryFinanceLeases
68571 usd
CY2022Q2 NTWK Subsidiary Finance Leases Current
SubsidiaryFinanceLeasesCurrent
35095 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
942689 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1175527 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4114952 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3507415 usd
CY2022Q4 NTWK Accrued Payroll Current
AccruedPayrollCurrent
1454886 usd
CY2022Q2 NTWK Accrued Payroll Current
AccruedPayrollCurrent
1397605 usd
CY2022Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
147837 usd
CY2022Q2 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
153416 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
418315 usd
CY2022Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
328755 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
344569 usd
CY2022Q2 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
250823 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
7423248 usd
CY2022Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
6813541 usd
CY2022Q4 us-gaap Loans Payable
LoansPayable
7645105 usd
CY2022Q4 us-gaap Loans Payable Current
LoansPayableCurrent
7351851 usd
CY2022Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
293254 usd
CY2022Q4 NTWK Subsidiary Finance Leases
SubsidiaryFinanceLeases
48590 usd
CY2022Q4 NTWK Subsidiary Finance Leases Current
SubsidiaryFinanceLeasesCurrent
34899 usd
CY2022Q4 NTWK Subsidiary Finance Leases Non Current
SubsidiaryFinanceLeasesNonCurrent
13691 usd
CY2022Q4 NTWK Notes Payable And Capital Lease
NotesPayableAndCapitalLease
7693695 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
7386750 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
306945 usd
CY2022Q2 NTWK Subsidiary Finance Leases Non Current
SubsidiaryFinanceLeasesNonCurrent
33476 usd
CY2022Q2 NTWK Notes Payable And Capital Lease
NotesPayableAndCapitalLease
9043368 usd
CY2022Q2 us-gaap Loans Payable
LoansPayable
8974797 usd
CY2022Q2 us-gaap Loans Payable Current
LoansPayableCurrent
8532050 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
8567145 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
476223 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
39033 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
14514 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
53547 usd
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
4957 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
48590 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
34899 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
13691 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
191664 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
188283 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
104972 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
484919 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
191665 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
293254 usd
us-gaap Interest Expense
InterestExpense
323973 usd
us-gaap Interest Expense
InterestExpense
191821 usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
220056 usd
us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<p id="xdx_804_eus-gaap--LossContingencyDisclosures_zsI5QqB6bW9j" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif"><b>NOTE 17 – <span id="xdx_829_zc9DCj0ziBZ1">CONTINGENCIES</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">From time to time, the Company is subject to legal proceedings, claims, and litigation arising in the ordinary course of business including tax assessments. The Company defends itself vigorously against any such claims. When (i) it is probable that an asset has been impaired or a liability has been incurred and (ii) the amount of the loss can be reasonably estimated, the Company records the estimated loss. The Company provides disclosure in the notes to the consolidated financial statements for loss contingencies that do not meet both conditions if there is a reasonable possibility that a loss may have been incurred that would be material to the financial statements. Significant judgment is required to determine the probability that a liability has been incurred and whether such liability is reasonably estimable. The Company bases accruals on the best information available at the time, which can be highly subjective. The final outcome of these matters could vary significantly from the amounts included in the accompanying consolidated financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif"><b> </b></span></p>
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segments
CY2022Q4 us-gaap Assets
Assets
64815899 usd
CY2022Q2 us-gaap Assets
Assets
72608632 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1064501 usd
CY2022Q2 us-gaap Equity Method Investments
EquityMethodInvestments
1059368 usd
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12390358 usd
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15472962 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25096477 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
28893723 usd
CY2022Q4 us-gaap Profit Loss
ProfitLoss
-2401963 usd
CY2021Q4 us-gaap Profit Loss
ProfitLoss
2438548 usd
us-gaap Profit Loss
ProfitLoss
-2839934 usd
us-gaap Profit Loss
ProfitLoss
2989043 usd
CY2022Q4 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
891500 usd
CY2021Q4 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
941732 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1736503 usd
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
201506 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1921738 usd
CY2022Q4 us-gaap Interest Expense
InterestExpense
202363 usd
CY2021Q4 us-gaap Interest Expense
InterestExpense
90808 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
413404 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
369133 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1252325 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
773953 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
4052456 usd
CY2022Q2 us-gaap Minority Interest
MinorityInterest
5450389 usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
220056 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
413404 usd
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
201506 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
369133 usd

Files In Submission

Name View Source Status
ntwk-20221231_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
ntwk-20221231_def.xml Edgar Link unprocessable
ntwk-20221231_lab.xml Edgar Link unprocessable
0001493152-23-004714-index-headers.html Edgar Link pending
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ex31-1.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
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