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Other assets (Tables) - MiX Telematics Limited [Member]
 12 Months Ended
Mar. 31, 2024
Schedule of other assets

The following is a summary of other assets (in thousands):

 

Schedule of other assets

   2023   2024 
   As of March 31, 
   2023   2024 
Deferred commissions  $6,014   $9,088 
Loans to external parties and other receivables   498    474 
Lease receivables - non-current  $292   $499 
Total other assets  $6,804   $10,061 
Schedule of deferred commissions

Deferred commissions arise from commissions paid to sales employees and external third parties to obtain contracts with customers, unless the amortization period is 12 months or less, in which instance it is expensed immediately. The following is a summary of the amortization expense (in thousands):

 

   2023   2024 
   As of March 31, 
   2023   2024 
Amortization recognized during the year:  $(4,276)  $(5,894)
– Cost of revenue (external commissions)   (3,366)   (4,977)
– Sales and marketing (internal commissions)   (910)   (917)