Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Form 8-K

sec.gov

8-K — NETSOL TECHNOLOGIES INC

Accession: 0001493152-26-022963

Filed: 2026-05-14

Period: 2026-05-14

CIK: 0001039280

SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)

Item: Results of Operations and Financial Condition

Documents

8-K — form8-k.htm (Primary)

EX-99.1 (ex99-1.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: form8-k.htm · Sequence: 1

false

0001039280

0001039280

2026-05-14

2026-05-14

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

DC 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): May 14, 2026

Commission

file number: 0-22773

NETSOL

TECHNOLOGIES, INC.

(Exact

name of small business issuer as specified in its charter)

nevada

95-4627685

(State or other Jurisdiction of

(I.R.S. Employer NO.)

Incorporation or Organization)

16000

Ventura Blvd, Suite 770

Encino,

CA 91436

(Address

of principal executive offices) (Zip Code)

(818)

222-9195 / (818) 222-9197

(Issuer’s

telephone/facsimile numbers, including area code)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions (see General Instruction A.2. below):

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock, $.01 par value per share

NTWK

NASDAQ

Emerging

growth company ☐

If

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

2.02 Results of Operations and Financial Condition.

On

May 14, 2026 , NetSol Technologies, Inc. issued a press release announcing results of operations and financial conditions for the quarter

and nine months ended March 31, 2026. The press release is furnished as Exhibit 99.1 to this Form 8-K.

The

information in this report shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of

1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated

by reference into any registration statement or other document field under the Securities Act of 1933, as amended, or the Exchange Act,

except as shall be expressly set forth by specific reference in such filing.

Exhibits

99.1 News Release dated May 14, 2026

104 Cover

Page Interactive Data File (embedded within the Inline XBRL document)

page 2

SIGNATURES

In

accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned,

thereunto duly authorized.

NETSOL TECHNOLOGIES, INC.

Date:

May 14, 2026

/s/ Najeeb Ghauri

NAJEEB GHAURI

Chief Executive Officer

Date:

May 14, 2026

/s/ Sardar Mohammad Abubakr

SARDAR MOHAMMAD ABUBAKR

Chief Financial Officer

page 3

EX-99.1

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit 99.1

NETSOL

Technologies reports record quarterly revenue and 13% year-over-year growth in Q3 fiscal 2026

ENCINO,

Calif., May 14, 2026 (GLOBE NEWSWIRE) — NETSOL Technologies, Inc. (Nasdaq: NTWK), a provider of AI-enabled solutions and services

powering OEMs, dealerships and financial institutions to sell, finance and lease assets, reported its results for the third quarter of

fiscal 2026 and nine months ended March 31, 2026.

● Total

net revenues up 13.0% year-over-year to $19.8 million, the highest quarterly revenue in company

history

● Recurring

subscription and support revenues up 11.7% year-over-year to $8.8 million

● Annualized

recurring revenue forecasted up 7% year-over-year to $35 million

● Gross

margin expanded to 55.6% from 49.8% in the prior-year period

● Non-GAAP

EBITDA grew by 48.2% year-over-year to $3.4 million, for a 17.2% EBITDA margin compared with

13.1% in the prior-year period

● Reaffirmed

fiscal 2026 full-year revenue guidance of $73 million

Third

Quarter Fiscal 2026 Financial Results

Total

net revenues for the third quarter of fiscal 2026 were $19.8 million, a record for the company, compared with $17.5 million in the prior-year

period, an increase of 13.0%.

Recurring

subscription and support revenues for the third quarter were $8.8 million, an increase of 11.7%, compared with $7.9 million in the prior-year

period.

License

fees for the third quarter were $4.7 million, compared with $1,198 in the prior-year period. The increase reflected higher license fees

associated with the recognition of a one-time license investment from a four-year, $50 million contract extension with one of NETSOL’s

longest-tenured tier-one global auto captive customers.

Services

revenues for the third quarter were $6.3 million, compared with $9.7 million in the prior-year period, primarily reflecting the timing

and composition of current implementation projects, as well as a one-time approximately $2.4 million pickup in the prior-year period

associated with a customer contract amendment.

Gross

profit for the third quarter was $11.0 million or 55.6% of net revenues, compared with $8.7 million or 49.8% of net revenues, in the

prior-year period.

GAAP

net income attributable to NETSOL was $1.3 million or $0.11 per diluted share, compared with $1.4 million or $0.12 per diluted share,

in the prior-year period.

Non-GAAP

EBITDA was $3.4 million, compared with $2.3 million in the prior-year period (see note regarding “Use of Non-GAAP Financial Measures,”

below).

Nine

Months Ended March 31, 2026 Financial Results

Total

net revenues for the nine months ended March 31, 2026 were $53.7 million, compared with $47.7 million in the prior-year period, an increase

of 12.5%.

Recurring

subscription and support revenues for the nine months were $26.9 million, an increase of 8.6%, compared with $24.7 million in the prior-year

period.

Annualized

recurring revenue is forecasted to increase 7% to approximately $35 million in the third quarter, compared with approximately $32.9 million

in the prior-year period.

License

fees for the nine months were $4.9 million, compared with $75,000 in the prior-year period.

Services

revenues for the nine months were $21.9 million, compared with $22.9 million in the prior-year period.

Gross

profit for the nine months was $26.0 million or 48.4% of net revenues, compared with $22.2 million or 46.6% of net revenues, in the prior-year

period.

GAAP

net loss attributable to NETSOL was $0.8 million or $(0.07) per diluted share, compared with GAAP net income of $0.3 million or $0.03

per diluted share, in the prior-year period.

Non-GAAP

EBITDA was $3.5 million, compared with $1.9 million in the prior-year period (see note regarding “Use of Non-GAAP Financial Measures,”

below).

Balance

Sheet

Cash

and cash equivalents were $14.7 million at March 31, 2026, compared with $17.4 million at June 30, 2025. The change reflects the working

capital impact of the four-year, $50 million contract renewal, including the timing of collection of the related annual maintenance fee

invoice issued in January 2026.

Working

capital was $25.3 million at March 31, 2026. NETSOL stockholders’ equity was $37.2 million or $3.14 per share at March 31, 2026.

Management

Commentary

Najeeb

Ghauri, Founder and Chief Executive Officer of NETSOL Technologies Inc., commented:

“Our

third quarter was a record quarter for NETSOL, with $19.8 million in total net revenues, the highest quarterly revenue in our company’s

history. The performance reflects the depth of our largest customer relationships, the continued momentum we are seeing across our unified,

AI-enabled Transcend Platform and the long-term value we are creating as we extend our reach across asset finance and digital retail.”

“The

recognition of the one-time license investment associated with our four-year, $50 million contract extension with a tier-one customer

of over 30 years is a tangible demonstration of the strategic importance of our long-tenured partnerships.”

“Demand

for Transcend Retail, our digital retail solution for dealerships and OEMs, continues to build, and the product is becoming a meaningful

contributor to our recurring revenue. In fiscal 2026, we have added new dealer group customers and we are encouraged by the breadth and

quality of our pipeline.”

“On

AI, we continue to embed capabilities directly into the workflows our customers run inside the Transcend Platform. Our AI-enabled credit

decisioning module within Transcend Finance is available to customers running originations on Transcend Finance, where it uses AI reasoning

and agentic workflows to accelerate the pace of credit decisions, with consistency and human oversight built in. This is the model for

how we will continue to integrate AI inside our products to enhance existing customer workflows, tied to measurable customer outcomes.”

“Looking

ahead, we are reaffirming our full-year fiscal 2026 revenue guidance of approximately $73 million. We remain focused on extending the

depth of our largest customer relationships, continuing to expand the Transcend Platform with embedded AI capabilities and accelerating

the growth of Transcend Retail in the U.S. dealer market.”

Sardar

Abubakr, Chief Financial Officer of NETSOL Technologies Inc., commented:

“Our

third quarter results reflect continued profitable growth on a record $19.8 million in total net revenues. Recurring subscription and

support revenue grew 11.7%, gross margin expanded to 55.6% and Non-GAAP EBITDA was $3.4 million, a 17.2% increase from the prior-year

period.”

“For

the nine months ended March 31, 2026, total net revenues grew 12.5% to $53.7 million and Non-GAAP EBITDA increased to $3.5 million from

$1.9 million in the prior-year period. Our balance sheet reflects the timing of invoicing for the renewal of our largest customer contract,

with accounts receivable up to reflect the annual maintenance fee that was invoiced in January. These receivable balances have since

converted to cash in the normal course of business.”

“With

continued growth in recurring revenue, expanding gross margins and multi-year customer contracts, we remain focused on strengthening

the durability and quality of our revenue base while supporting long-term shareholder value creation.”

Conference

Call

NETSOL

Technologies management will hold a conference call on Thursday, May 14, 2026, at 9:00 am Eastern Time (6:00 am Pacific Time) to discuss

its results for the third quarter and nine months ended March 31, 2026. A question-and-answer session will follow management’s

prepared remarks.

Participant

listening: 1-877-407-0789 or 1-201-689-8562

A

live webcast of the conference call will be available here. Information about the webcast will also be available on the Investor

Relations section of NETSOL’s website at www.netsoltech.com.

Telephone

Replay

Telephone

replays will be made available approximately 3 hours after conference end time.

Replay

dial-in: 1-844-512-2921 or 1-412-317-6671

Replay

expiration: Thursday, May 28, 2026, at 11:59 PM ET

Access

ID: 13760296

About

NETSOL Technologies

NETSOL

Technologies delivers state-of-the-art solutions for the asset finance and leasing industry, serving automotive and equipment OEMs, auto

captives and financial institutions across over 30 countries. Since its inception in 1996, NETSOL has been at the cutting edge of technology,

pioneering innovations with its asset finance solutions, and today leverages advanced AI and cloud services to meet the complex needs

of the global market. Renowned for its deep industry expertise, customer-centric approach and commitment to excellence, NETSOL fosters

strong partnerships with its clients, ensuring their success in an ever-evolving landscape. With a rich history of innovation, ethical

business practices and a focus on sustainability, NETSOL is dedicated to empowering businesses worldwide, securing its position as the

trusted partner for leading firms around the globe.

Forward-Looking

Statements

This

press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding

the company’s products and services, expectations for future operations, and other statements that are not historical facts. These

forward-looking statements may be identified by terminology such as “expects,” “anticipates,” “believes,”

“intends,” “plans,” “projects,” “targets,” and similar expressions. These statements

are not guarantees of future performance and are subject to a number of risks, uncertainties, and assumptions that are difficult to predict.

Factors that could cause actual results to differ materially include, but are not limited to, the timing of customer go-lives and contract

renewals, the rate of adoption of AI-enabled product capabilities, foreign currency volatility, and other factors discussed in NETSOL’s

most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission.

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. NETSOL

undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events,

or otherwise.

Use

of Non-GAAP Financial Measures

This

press release includes references to Non-GAAP EBITDA, which is a non-GAAP financial measure. A reconciliation of Non-GAAP EBITDA to net

income attributable to NETSOL, the most directly comparable GAAP measure, together with an explanation of how management uses these measures,

is provided in Schedule 4 of the financial tables that follow.

Investor

Relations Contact:

Investor

Relations

(818)

222-9195

investors@netsoltech.com

NETSOL

Technologies, Inc. and Subsidiaries

Schedule

1: Consolidated Balance Sheets

As of

As of

March 31, 2026

June 30, 2025

ASSETS

Current assets:

Cash and cash equivalents

$ 14,744,392

$ 17,357,944

Accounts receivable, net of allowance of $92,025 and $355,464

16,646,299

7,527,572

Revenues in excess of billings, net of allowance of $256,812 and $34,496

18,163,507

18,230,619

Other current assets

2,767,578

3,203,468

Total current assets

52,321,776

46,319,603

Revenues in excess of billings, net - long term

2,824,298

903,766

Property and equipment, net

5,558,409

5,073,372

Right of use assets - operating leases

869,191

809,513

Other assets

7,189

32,331

Intangible assets, net

1,039,989

-

Goodwill

9,302,524

9,302,524

Total assets

$ 71,923,376

$ 62,441,109

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:

Accounts payable and accrued expenses

$ 8,132,384

$ 8,010,844

Current portion of loans and obligations under finance leases

8,241,584

8,240,061

Current portion of operating lease obligations

479,751

433,242

Unearned revenue

10,184,195

3,029,850

Total current liabilities

27,037,914

19,713,997

Loans and obligations under finance leases; less current maturities

249,799

134,608

Operating lease obligations; less current maturities

363,430

333,374

Total liabilities

27,651,143

20,181,979

Stockholders’ equity:

Preferred stock, $.01 par value; 500,000 shares authorized;

-

-

Common stock, $.01 par value; 18,000,000 shares authorized; 12,785,940 shares issued and 11,846,909

outstanding as of March 31, 2026 , 12,700,465 shares issued and 11,761,434 outstanding as of June 30, 2025

127,862

127,008

Additional paid-in-capital

129,631,529

129,529,901

Treasury stock (at cost, 939,031 shares as of March 31, 2026 and June 30, 2025)

(3,920,856 )

(3,920,856 )

Accumulated deficit

(42,098,647 )

(41,289,080 )

Other comprehensive loss

(46,563,902 )

(46,613,208 )

Total NetSol stockholders’ equity

37,175,986

37,833,765

Non-controlling interest

7,096,247

4,425,365

Total stockholders’ equity

44,272,233

42,259,130

Total liabilities and stockholders’ equity

$ 71,923,376

$ 62,441,109

Schedule

2: Consolidated Statements of Operations

For the Three Months

For the Nine Months

Ended March 31,

Ended March 31,

2026

2025

2026

2025

Net Revenues:

License fees

$ 4,728,411

$ 1,198

$ 4,918,118

$ 75,115

Subscription and support

8,810,115

7,888,360

26,850,453

24,723,460

Services

6,294,117

9,654,399

21,884,473

22,880,541

Total net revenues

19,832,643

17,543,957

53,653,044

47,679,116

Cost of revenues

8,804,001

8,802,184

27,683,320

25,452,890

Gross profit

11,028,642

8,741,773

25,969,724

22,226,226

Operating expenses:

Selling, general and administrative

7,856,107

6,883,587

22,874,107

20,921,530

Research and development cost

166,384

304,788

628,440

998,406

Total operating expenses

8,022,491

7,188,375

23,502,547

21,919,936

Income from operations

3,006,151

1,553,398

2,467,177

306,290

Other income and (expenses)

Interest expense

(151,537 )

(194,742 )

(502,421 )

(689,347 )

Interest income

208,232

294,655

697,981

1,593,594

Gain (loss) on foreign currency exchange transactions

(76,178 )

321,622

(317,021 )

165,741

Other income

109,203

10,831

190,798

202,420

Total other income (expenses)

89,720

432,366

69,337

1,272,408

Net income before income taxes

3,095,871

1,985,764

2,536,514

1,578,698

Income tax provision

(781,243 )

(151,334 )

(1,477,212 )

(712,765 )

Net income (loss)

2,314,628

1,834,430

1,059,302

865,933

Non-controlling interest

(1,013,664 )

(410,462 )

(1,868,869 )

(518,212 )

Net income (loss) attributable to NetSol

$ 1,300,964

$ 1,423,968

$ (809,567 )

$ 347,721

Net income (loss) per share:

Net income (loss) per common share

Basic

$ 0.11

$ 0.12

$ (0.07 )

$ 0.03

Diluted

$ 0.11

$ 0.12

$ (0.07 )

$ 0.03

Weighted average number of shares outstanding

Basic

11,823,170

11,683,408

11,795,818

11,531,365

Diluted

11,836,930

11,683,408

11,795,818

11,531,365

Schedule

3: Consolidated Statements of Cash Flows

For the Nine Months

Ended March 31,

2026

2025

Cash flows from operating activities:

Net income

$ 1,059,302

$ 865,933

Adjustments to reconcile net income to net cash provided by (used in) operating activities:

Depreciation and amortization

931,771

1,102,085

Provision for bad debts

337,493

1,062,515

Gain on sale of assets

(87,463 )

(28,320 )

Stock based compensation

267,400

134,884

Changes in operating assets and liabilities:

Accounts receivable

(9,180,034 )

6,408,397

Revenues in excess of billing

(1,611,662 )

(1,411,983 )

Other current assets

936,453

(344,493 )

Accounts payable and accrued expenses

123,872

(1,136,533 )

Unearned revenue

6,437,518

(6,646,170 )

Net cash provided by (used in) operating activities

(785,350 )

6,315

Cash flows from investing activities:

Purchases of property and equipment

(1,379,262 )

(897,743 )

Sales of property and equipment

85,851

63,577

Investment in associates

25,396

-

Purchase of subsidiary shares

-

(8,878 )

Increase in intangible assets

(1,039,989 )

-

Net cash used in investing activities

(2,308,004 )

(843,044 )

Cash flows from financing activities:

Proceeds from the exercise of stock options and warrants

-

473,000

Proceeds from exercise of subsidiary options

387,200

-

Dividend paid by subsidiary to non-controlling interest

-

(306,799 )

Purchase of subsidiary treasury stock

-

(1,503,662 )

Proceeds from bank loans

1,076,226

2,451,256

Payments on finance lease obligations and loans - net

(1,093,671 )

(247,496 )

Net cash provided by financing activities

369,755

866,299

Effect of exchange rate changes

110,047

(381,996 )

Net increase (decrease) in cash and cash equivalents

(2,613,552 )

(352,426 )

Cash and cash equivalents at beginning of the period

17,357,944

19,127,165

Cash and cash equivalents at end of period

$ 14,744,392

$ 18,774,739

Schedule

4: Reconciliation of GAAP Net Income (Loss) to Non-GAAP EBITDA

For the Three Months

For the Nine Months

Ended March 31,

Ended March 31,

2026

2025

2026

2025

Net Income (loss) attributable to NetSol

$ 1,300,964

$ 1,423,968

$ (809,567 )

$ 347,721

Non-controlling interest

1,013,664

410,462

1,868,869

518,212

Income taxes

781,243

151,334

1,477,212

712,765

Depreciation and amortization

307,419

363,503

931,771

1,102,085

Interest expense

151,537

194,742

502,421

689,347

Interest (income)

(208,232 )

(294,655 )

(697,981 )

(1,593,594 )

EBITDA

$ 3,346,595

$ 2,249,354

$ 3,272,725

$ 1,776,536

Add back:

Non-cash stock-based compensation

61,000

39,750

267,400

134,884

Adjusted EBITDA, gross

$ 3,407,595

$ 2,289,104

$ 3,540,125

$ 1,911,420

Less non-controlling interest (a)

(1,202,196 )

(510,908 )

(2,294,175 )

(718,218 )

Adjusted EBITDA, net

$ 2,205,399

$ 1,778,196

$ 1,245,950

$ 1,193,202

Weighted Average number of shares outstanding

Basic

11,823,170

11,683,408

11,795,818

11,531,365

Diluted

11,836,930

11,683,408

11,809,578

11,531,365

Basic adjusted EBITDA

$ 0.19

$ 0.15

$ 0.11

$ 0.10

Diluted adjusted EBITDA

$ 0.19

$ 0.15

$ 0.11

$ 0.10

(a)The reconciliation of adjusted EBITDA of non-controlling interest to net income attributable to

non-controlling interest is as follows

Net Income (loss) attributable to non-controlling interest

$ 1,013,664

$ 410,462

$ 1,868,869

$ 518,212

Income Taxes

139,102

41,891

274,702

214,892

Depreciation and amortization

70,107

87,504

214,969

269,185

Interest expense

43,604

54,461

143,512

202,289

Interest (income)

(64,281 )

(83,410 )

(207,877 )

(491,422 )

EBITDA

$ 1,202,196

$ 510,908

$ 2,294,175

$ 713,156

Add back:

Non-cash stock-based compensation

-

-

-

5,062

Adjusted EBITDA of non-controlling interest

$ 1,202,196

$ 510,908

$ 2,294,175

$ 718,218

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 7

v3.26.1

Cover

May 14, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

May 14, 2026

Entity File Number

0-22773

Entity Registrant Name

NETSOL

TECHNOLOGIES, INC.

Entity Central Index Key

0001039280

Entity Tax Identification Number

95-4627685

Entity Incorporation, State or Country Code

NV

Entity Address, Address Line One

16000

Ventura Blvd

Entity Address, Address Line Two

Suite 770

Entity Address, City or Town

Encino

Entity Address, State or Province

CA

Entity Address, Postal Zip Code

91436

City Area Code

(818)

Local Phone Number

222-9195

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common

Stock, $.01 par value per share

Trading Symbol

NTWK

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

X

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

na

Period Type:

duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration