2023 Q3 Form 10-K Financial Statement

#000149315223033429 Filed on September 22, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2023
Revenue $14.24M $13.79M $52.39M
YoY Change 12.09% 1.81% -8.48%
Cost Of Revenue $8.080M $8.970M $35.48M
YoY Change -4.42% 2.78% 5.87%
Gross Profit $6.162M $4.820M $16.92M
YoY Change 44.92% 0.06% -28.74%
Gross Profit Margin 43.27% 34.95% 32.29%
Selling, General & Admin $5.430M $7.190M $23.35M
YoY Change -1.05% 29.32% 3.27%
% of Gross Profit 88.12% 149.17% 138.04%
Research & Development $378.4K $360.0K $1.602M
YoY Change -19.42% -37.99% 19.33%
% of Gross Profit 6.14% 7.47% 9.47%
Depreciation & Amortization $404.7K $720.0K $2.073M
YoY Change 111.96% -23.62% 140.15%
% of Gross Profit 6.57% 14.94% 12.25%
Operating Expenses $5.811M $7.730M $25.70M
YoY Change -5.48% 21.34% 3.55%
Operating Profit $350.6K -$2.910M -$8.780M
YoY Change -118.49% 87.35% 714.22%
Interest Expense $276.0K -$1.690M $765.0K
YoY Change 126.97% -545.57% 106.88%
% of Operating Profit 78.72%
Other Income/Expense, Net $62.33K -$720.0K $5.562M
YoY Change -96.23% 240.84% 75.57%
Pretax Income $413.0K -$5.260M -$3.218M
YoY Change -268.81% 273.43% -253.99%
Income Tax $121.9K $290.0K $926.6K
% Of Pretax Income 29.52%
Net Earnings $30.89K -$5.070M -$5.244M
YoY Change -104.98% 133.92% 516.07%
Net Earnings / Revenue 0.22% -36.77% -10.01%
Basic Earnings Per Share $0.00 -$0.46
Diluted Earnings Per Share $0.00 -$0.45 -$0.46
COMMON SHARES
Basic Shares Outstanding 11.35M shares 11.30M shares 11.28M shares
Diluted Shares Outstanding 11.35M shares 11.28M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.60M $15.50M $15.50M
YoY Change -20.66% -35.32% -35.32%
Cash & Equivalents $16.55M $15.53M $15.50M
Short-Term Investments
Other Short-Term Assets $2.244M $1.979M $1.800M
YoY Change -9.51% -11.01% -18.25%
Inventory
Prepaid Expenses $1.369M $1.299M
Receivables $6.871M $11.71M $24.10M
Other Receivables $145.8K $92.72K $100.0K
Total Short-Term Assets $38.68M $41.60M $41.60M
YoY Change -12.24% -15.83% -15.84%
LONG-TERM ASSETS
Property, Plant & Equipment $5.771M $6.161M $7.300M
YoY Change -34.8% -34.33% -29.48%
Goodwill $9.303M $9.303M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $25.40K $0.00
YoY Change -97.6% -100.0%
Other Assets $32.33K $6.931K $0.00
YoY Change 6010.78% -72.87% -100.0%
Total Long-Term Assets $17.19M $16.78M $16.80M
YoY Change -23.17% -27.63% -27.53%
TOTAL ASSETS
Total Short-Term Assets $38.68M $41.60M $41.60M
Total Long-Term Assets $17.19M $16.78M $16.80M
Total Assets $55.87M $58.38M $58.40M
YoY Change -15.92% -19.6% -19.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.371M $1.115M $1.100M
YoY Change 14.98% -5.16% -6.43%
Accrued Expenses $3.560M $3.695M $5.400M
YoY Change 0.03% 5.35% -3.69%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $157.3K $161.6K $5.800M
YoY Change -55.29% -74.37% -32.3%
Total Short-Term Liabilities $18.27M $20.77M $20.80M
YoY Change -3.7% -0.3% -0.15%
LONG-TERM LIABILITIES
Long-Term Debt $137.0K $172.8K $200.0K
YoY Change -49.3% -63.7% -58.0%
Other Long-Term Liabilities $800.0K $700.0K $700.0K
YoY Change -4.41% 56.51% 56.51%
Total Long-Term Liabilities $137.0K $172.8K $900.0K
YoY Change -49.3% -81.28% -2.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.27M $20.77M $20.80M
Total Long-Term Liabilities $137.0K $172.8K $900.0K
Total Liabilities $19.20M $21.60M $24.60M
YoY Change -4.46% -0.72% -9.57%
SHAREHOLDERS EQUITY
Retained Earnings -$44.87M -$44.90M
YoY Change 11.4% 13.22%
Common Stock $123.1K $122.9K
YoY Change 0.84% 0.72%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.921M $3.921M
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $33.46M $33.81M $33.80M
YoY Change
Total Liabilities & Shareholders Equity $55.87M $58.38M $58.40M
YoY Change -15.92% -19.6% -19.57%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2023
OPERATING ACTIVITIES
Net Income $30.89K -$5.070M -$5.244M
YoY Change -104.98% 133.92% 516.07%
Depreciation, Depletion And Amortization $404.7K $720.0K $2.073M
YoY Change 111.96% -23.62% 140.15%
Cash From Operating Activities $1.664M -$550.0K $2.010M
YoY Change 28.08% -77.69% -34.34%
INVESTING ACTIVITIES
Capital Expenditures $371.6K $60.00K $1.639M
YoY Change -72.42% -106.46% -37.17%
Acquisitions
YoY Change
Other Investing Activities $0.00 $90.00K $240.0K
YoY Change -100.0% 223.62% -31.24%
Cash From Investing Activities -$370.4K $20.00K -$1.399M
YoY Change -58.57% -102.22% -38.09%
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 -$44.47K -200.0K -$719.0K
YoY Change -90.02% -63.34% -47.85%
NET CHANGE
Cash From Operating Activities $1.664M -550.0K $2.010M
Cash From Investing Activities -$370.4K 20.00K -$1.399M
Cash From Financing Activities -$44.47K -200.0K -$719.0K
Net Change In Cash $1.018M -730.0K -$8.431M
YoY Change -133.49% -81.34% -13.46%
FREE CASH FLOW
Cash From Operating Activities $1.664M -$550.0K $2.010M
Capital Expenditures $371.6K $60.00K $1.639M
Free Cash Flow $1.292M -$610.0K $370.1K
YoY Change -2750.56% -60.31% -18.01%

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CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2022 us-gaap Net Income Loss
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Net Income Loss
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CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Comprehensive Income Net Of Tax
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CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2022 us-gaap Profit Loss
ProfitLoss
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023 us-gaap Stock Issued During Period Value Issued For Services
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CY2023 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
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CY2023 NTWK Adjustments To Additional Paid In Capital Acquisition Of Noncontrolling Interest In Subsidiary
AdjustmentsToAdditionalPaidInCapitalAcquisitionOfNoncontrollingInterestInSubsidiary
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CY2023 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2023 us-gaap Profit Loss
ProfitLoss
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CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023 us-gaap Profit Loss
ProfitLoss
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CY2022 us-gaap Profit Loss
ProfitLoss
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DepreciationAmortizationAndAccretionNet
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CY2022 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
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CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2022 us-gaap Asset Impairment Charges
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CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2022 us-gaap Gain Loss On Sale Of Other Assets
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CY2023 us-gaap Share Based Compensation
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CY2022 us-gaap Share Based Compensation
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2023 NTWK Increase Decrease Revenues In Excess Of Billing
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CY2022 NTWK Increase Decrease Revenues In Excess Of Billing
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2022 us-gaap Increase Decrease In Deferred Revenue
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Payments To Acquire Property Plant And Equipment
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CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2023 NTWK Payments For Repurchase Of Subsidiary Treasury Stock
PaymentsForRepurchaseOfSubsidiaryTreasuryStock
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CY2022 NTWK Payments For Repurchase Of Subsidiary Treasury Stock
PaymentsForRepurchaseOfSubsidiaryTreasuryStock
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CY2023 us-gaap Proceeds From Bank Debt
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CY2022 us-gaap Proceeds From Bank Debt
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CY2022 us-gaap Repayments Of Long Term Debt And Capital Securities
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2022 us-gaap Interest Paid Net
InterestPaidNet
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IncomeTaxesPaidNet
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CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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FairValueOfAssetsAcquired
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CY2023 us-gaap Stock Issued1
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CY2022 us-gaap Stock Issued1
StockIssued1
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CY2023 us-gaap Use Of Estimates
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<p id="xdx_847_eus-gaap--UseOfEstimates_zv930BktHtNa" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86A_zBesJp8of3V">Use of Estimates</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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, 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: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_845_eus-gaap--ConcentrationRiskCreditRisk_zpRprltA8wpk" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86E_zbWvu0NeUVp3">Concentration of Credit Risk</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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_906_eus-gaap--CashUninsuredAmount_iI_uRMB_c20230630__srt--StatementGeographicalAxis__country--CN_zyyz2cw22Y7k" title="Uninsured deposits related to cash deposits">500,000</span> ($<span id="xdx_902_eus-gaap--CashUninsuredAmount_iI_c20230630__srt--StatementGeographicalAxis__country--CN_z9AO3aCs8ALb" title="Uninsured deposits related to cash deposits">68,871</span>) in each bank and in the UK for GBP <span id="xdx_908_eus-gaap--CashUninsuredAmount_iI_uGBP_c20230630__srt--StatementGeographicalAxis__country--GB_z5Qm1vBQ76oj" title="Uninsured deposits related to cash deposits">85,000</span> ($<span id="xdx_90C_eus-gaap--CashUninsuredAmount_iI_c20230630__srt--StatementGeographicalAxis__country--GB_z73YdiL40FAd" title="Uninsured deposits related to cash deposits">107,595</span>) in each bank. The Company maintains three bank accounts in China and nine bank accounts in the UK. As of June 30, 2023 and 2022, the Company had uninsured deposits related to cash deposits in accounts maintained within foreign entities of approximately $<span id="xdx_90B_eus-gaap--CashUninsuredAmount_iI_pp0p0_c20230630_zXihdYsOPDE1" title="Uninsured deposits related to cash deposits">13,523,997</span> and $<span id="xdx_901_eus-gaap--CashUninsuredAmount_iI_pp0p0_c20220630_zLSe5GIDasMj" 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: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
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CY2022Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
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CY2022Q2 us-gaap Assets Fair Value Disclosure
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CY2021Q2 NTWK Contract With Customer Asset
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CY2022 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
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ContractWithCustomerAssetTransfersToShortTerm
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CY2022 NTWK Contract With Customer Liability Effect Of Translation Adjustment
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CY2022Q2 NTWK Contract With Customer Asset
ContractWithCustomerAsset
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CY2023 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
28029 usd
CY2023 NTWK Contract With Customer Asset Transfers To Short Term
ContractWithCustomerAssetTransfersToShortTerm
-890794 usd
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ContractWithCustomerLiabilityEffectOfTranslationAdjustment
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CY2023 us-gaap Advertising Expense
AdvertisingExpense
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CY2022 us-gaap Advertising Expense
AdvertisingExpense
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RevenueFromContractWithCustomerExcludingAssessedTax
52393215 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
57247979 usd
CY2023Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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CY2022Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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CY2022 NTWK Deferred Revenue Invoiced
DeferredRevenueInvoiced
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CY2022 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
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CY2022 NTWK Deferred Revenue Adjustments
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CY2022Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
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CY2023 NTWK Deferred Revenue Invoiced
DeferredRevenueInvoiced
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CY2023 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
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CY2023 NTWK Deferred Revenue Adjustments
DeferredRevenueAdjustments
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CY2023Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
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CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
34300000 usd
CY2023Q2 NTWK Revenue Remaining Performance Obligation Next Twelve Months
RevenueRemainingPerformanceObligationNextTwelveMonths
18700000 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
-974006 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2023Q2 us-gaap Prepaid Expense Current
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1299334 usd
CY2022Q2 us-gaap Prepaid Expense Current
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1389370 usd
CY2023Q2 us-gaap Income Taxes Receivable
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144428 usd
CY2022Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
202783 usd
CY2023Q2 NTWK Employee Advances
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CY2022Q2 NTWK Employee Advances
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CY2023Q2 us-gaap Security Deposit
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177148 usd
CY2022Q2 us-gaap Security Deposit
SecurityDeposit
236909 usd
CY2023Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
92716 usd
CY2022Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
21581 usd
CY2023Q2 NTWK Other Current Assets
OtherCurrentAssets
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CY2022Q2 NTWK Other Current Assets
OtherCurrentAssets
285091 usd
CY2023Q2 us-gaap Other Assets Current
OtherAssetsCurrent
1978514 usd
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
2223361 usd
CY2022Q2 NTWK Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected After One Year Gross
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedAfterOneYearGross
881940 usd
CY2022Q2 NTWK Fair Value Adjustment Of Revenue In Excess Of Billings Long Term To Subsequent Period
FairValueAdjustmentOfRevenueInExcessOfBillingsLongTermToSubsequentPeriod
28339 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
853601 usd
CY2023 us-gaap Interest Income Operating
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28029 usd
CY2022 us-gaap Interest Income Operating
InterestIncomeOperating
38005 usd
CY2023 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0435 pure
CY2022 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
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CY2023Q2 us-gaap Property Plant And Equipment Gross
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CY2022Q2 us-gaap Property Plant And Equipment Gross
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CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11410902 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14069064 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6161186 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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CY2023 us-gaap Depreciation
Depreciation
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CY2022 us-gaap Depreciation
Depreciation
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CY2023 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
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CY2022 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
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CY2023Q2 NTWK Fixed Assets Held Under Capital Leases Gross
FixedAssetsHeldUnderCapitalLeasesGross
46554 usd
CY2022Q2 NTWK Fixed Assets Held Under Capital Leases Gross
FixedAssetsHeldUnderCapitalLeasesGross
305081 usd
CY2023Q2 NTWK Accumulated Depreciation Depletion And Amortization Fixed Assets Held Under Capital Leases
AccumulatedDepreciationDepletionAndAmortizationFixedAssetsHeldUnderCapitalLeases
17366 usd
CY2022Q2 NTWK Accumulated Depreciation Depletion And Amortization Fixed Assets Held Under Capital Leases
AccumulatedDepreciationDepletionAndAmortizationFixedAssetsHeldUnderCapitalLeases
145658 usd
CY2023Q2 NTWK Fixed Assets Held Under Capital Leases Net
FixedAssetsHeldUnderCapitalLeasesNet
29188 usd
CY2022Q2 NTWK Fixed Assets Held Under Capital Leases Net
FixedAssetsHeldUnderCapitalLeasesNet
159423 usd
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y2M15D
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y4M20D
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.164 pure
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.125 pure
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1151575 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
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CY2023 us-gaap Defined Benefit Plan Contributions By Employer
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CY2023 us-gaap Number Of Operating Segments
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