{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-21-028089","form_type":"8-K","ticker":"NTWK","cik":"0001039280","company_name":"NETSOL TECHNOLOGIES INC","filed_at":"2021-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.214073+00:00","generated_at":"2026-06-28T08:53:46.801029+00:00","sec_items":["2.02"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NetSol Q1 FY2022: Revenue $13.4M, GAAP EPS $0.02; subscription revenue +20% YoY","bullets":["Total net revenue $13.4M vs $12.6M YoY; GAAP net income $188k ($0.02/diluted share) vs $718k ($0.06).","Subscription and support revenue $6.2M (+20% YoY); services revenue $7.2M (-4%). Gross margin fell to 40.6% from 50.5%.","Non-GAAP adjusted EBITDA $770k vs $1.6M; management reaffirms FY2022 revenue growth ≥10% and subscription growth ≥20%.","Otoz MINI Anywhere live with 10 dealers; targeting 100 by FY-end. First U.S. cloud NFS Ascent sale signed with Motorcycle Group.","Progress on German automaker $110M contract; implementation started in India. NFS Ascent went live in New Zealand for Japanese OEM."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-21-028089","json":"https://secwatch.observer/filing/0001493152-21-028089.json","markdown":"https://secwatch.observer/filing/0001493152-21-028089.md","text":"https://secwatch.observer/filing/0001493152-21-028089.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1039280/000149315221028089/0001493152-21-028089-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1039280/000149315221028089/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T08:53:46.801029+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}