NetClass Technology Inc Financial Summary

Complete Filing Data

NetClass Technology Inc reported Stockholders Equity Including Portion Attributable To Noncontrolling Interest of $5.98 million for FY2025.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean NetClass Technology Inc did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Net Income *-$10.8M-$1.5M$162.2K$132.7K
Selling And Marketing Expense$1.0M$385.5K$606.9K$1.3M
Revenue From Contract With Customer Excluding Assessed Tax$9.8M$10.1M$11.1M$9.3M
Research And Development Expense$1.7M$2.5M$567.8K$828.3K
Other Nonoperating Income Expense-$44.0K-$14.8K$37.4K$24.4K
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax-$18.5K$66.6K-$29.4K-$248.1K
Operating Income Loss-$10.9M-$1.3M$386.7K$48.4K
Operating Expenses$13.2M$3.6M$2.0M$3.0M
Nonoperating Income Expense-$18.8K-$14.6K$32.9K$15.8K
Interest Income Expense Nonoperating Net-$147.9K$209.00-$4.6K-$8.6K
Income Tax Expense Benefit-$86.7K$86.3K$257.3K-$68.5K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$11.0M-$1.3M$419.6K$64.2K
Gross Profit$2.2M$2.3M$2.4M$3.0M
General And Administrative Expense$9.2M$703.2K$798.2K$865.7K
Cost Of Revenue$7.6M$7.8M$8.7M$6.2M
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest-$10.9M-$1.3M$132.8K-$115.4K
Comprehensive Income Net Of Tax-$10.8M-$1.4M$132.8K-$115.4K
Deferred Income Tax Expense Benefit-$68.0K$40.7K$58.7K-$102.1K
Deferred Income Tax Assets Net$108.4K$88.4K$123.4K
Accrued Income Taxes Current$319.5K$341.2K$288.5K
Income Taxes Paid Net$289.00$578.00$1.6K
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest-$41.8K$88.1K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Stockholders Equity *$5.8M$3.0M$4.4M$2.4M$2.5M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$1.8M$415.3K$524.6K$301.7K$1.0M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$1.3M-$109.3K$222.9K-$740.2K
Cash And Cash Equivalents At Carrying Value$1.8M$410.7K$524.6K$208.2K
Retained Earnings Accumulated Deficit-$12.5M-$1.7M-$164.8K
Repayments Of Related Party Debt$121.9K$420.00$1.4K
Property Plant And Equipment Net$10.9K$39.7K$48.9K
Prepaid Expense And Other Assets Current$281.2K$41.0K$440.5K
Operating Lease Right Of Use Asset$674.9K$13.1K$54.4K
Operating Lease Liability Current$144.4K$13.1K$41.7K
Liabilities Current$6.9M$4.2M$2.1M
Liabilities And Stockholders Equity$13.8M$7.2M$6.5M
Liabilities$7.8M$4.2M$2.1M
Contract With Customer Liability Current$1.9M$425.1K$184.2K
Assets Noncurrent$5.0M$141.3K$226.6K
Assets Current$8.9M$7.1M$6.3M
Assets$13.8M$7.2M$6.5M
Accumulated Other Comprehensive Income Loss Net Of Tax-$204.7K-$186.1K-$252.8K
Accrued Liabilities And Other Liabilities$641.1K$297.4K$236.5K
Accounts Receivable Net Current$5.6M$5.3M$2.3M
Accounts Payable Current$1.9M$2.9M$1.2M
Restricted Cash And Cash Equivalents At Carrying Value$4.6K$93.5K
Operating Lease Right Of Use Asset Amortization Expense$35.6K$42.2K$38.7K
Minority Interest$197.2K$91.1K
Liabilities Noncurrent$978.0K$12.7K
Inventory Net$305.7K$70.7K
Deferred Offering Costs$138.5K$104.6K
Repayments Of Bank Debt$132.0K$132.4K

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Net Cash Provided By Used In Operating Activities-$5.7M-$135.6K$391.9K-$571.4K
Net Cash Provided By Used In Financing Activities$9.4M$10.9K-$152.9K-$125.6K
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents-$5.8K$15.5K-$16.1K-$43.2K
Proceeds From Related Party Debt$2.4K$42.1K$73.1K
Payments Of Stock Issuance Costs$1.7M$33.8K$92.5K$170.8K
Increase Decrease In Prepaid Deferred Expense And Other Assets$230.4K-$415.8K$417.1K$7.7K
Increase Decrease In Contract With Customer Liability$1.5M$227.5K-$114.4K-$77.8K
Increase Decrease In Advance To Vendors-$185.4K$40.6K$975.5K$17.1K
Increase Decrease In Accrued Taxes Payable-$19.3K$45.6K$198.0K$31.4K
Increase Decrease In Accrued Liabilities And Other Operating Liabilities$239.9K$50.7K-$50.9K$146.3K
Increase Decrease In Accounts Receivable$739.5K$3.0M-$1.1M$1.2M
Increase Decrease In Accounts Payable-$930.2K$1.6M$174.8K$107.3K
Increase Decrease In Operating Lease Liability-$9.8K-$42.2K-$38.7K
Increase Decrease In Inventories$234.7K$60.0K-$159.5K
Net Cash Provided By Used In Investing Activities-$2.3M
Share Based Compensation$3.1M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Weighted Average Number Of Shares Outstanding Basic18.0M15.8M15.0M15.0M
Weighted Average Number Of Diluted Shares Outstanding18.0M15.8M15.0M15.0M
Earnings Per Share Diluted$-0.60$-0.09$0.01$0.01
Earnings Per Share Basic$-0.60$-0.09$0.01$0.01
Common Stock Shares Authorized200.0M200.0M200.0M200.0M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Statutory Reserve$35.4K$35.4K$35.4K
Provision For Doubtful Accounts$514.2K$52.6K-$44.1K$29.1K
Advances To Vendors Current$926.4K$1.1M$1.1M
Additional Paid In Capital$22.0M$4.8M$4.8M
Interest Paid Net$10.0K$5.8K$9.7K
Depreciation$10.8K$96.1K$118.6K
Stock Issued During Period Value New Issues$8.5M$1.9M
Stock Issued During Period Shares New Issues760.0K
Stock Issued1$1.9M

Most recent annual filing with the SEC: February 2, 2026

Data sourced from SEC EDGAR public filings as of August 8, 2026.