{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-033474","form_type":"8-K","ticker":"NTWK","cik":"0001039280","company_name":"NETSOL TECHNOLOGIES INC","filed_at":"2023-09-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.978001+00:00","generated_at":"2026-06-10T09:28:37.304309+00:00","sec_items":["2.02"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NETSOL reports Q4 FY2023 net loss of $5.1M; guides FY2024 revenue $61-63M","bullets":["GAAP net loss $5.1M ($0.45/diluted) vs $2.2M loss in Q4 FY2022.","Total net revenues $13.8M flat YoY; subscription/support revenue up to $6.8M from $6.1M.","Non-GAAP adjusted EBITDA loss $4.2M ($0.37/share) vs $1.4M loss prior year.","FY2024 revenue guidance $61M-$63M (16-20% growth) vs FY2023 revenue of $52.4M.","Annual recurring revenue $26M exceeded $25M target; appointed Darryll Lewis MD of Europe."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-033474","json":"https://secwatch.observer/filing/0001493152-23-033474.json","markdown":"https://secwatch.observer/filing/0001493152-23-033474.md","text":"https://secwatch.observer/filing/0001493152-23-033474.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1039280/000149315223033474/0001493152-23-033474-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1039280/000149315223033474/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T09:28:37.304309+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":[{"claim_id":"519efbd473186c8c3ea50260772a62c385ebabbb","claim":"NETSOL TECHNOLOGIES INC reported the fiscal fourth quarter and year ended June 30, 2023 results: revenue $13.8 million, net income $(5.1 million) or $(0.45) per diluted share, EPS $(0.45) per diluted share. Guidance reaffirmed.","evidence_excerpt":"Total net revenues for the fourth quarter of fiscal 2023 were $13.8 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039280/000149315223033474/0001493152-23-033474-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal fourth quarter and year ended June 30, 2023"},{"label":"Revenue","value":"$13.8 million"},{"label":"Net income","value":"$(5.1 million) or $(0.45) per diluted share"},{"label":"EPS","value":"$(0.45) per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}