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CLAIMS AND ADVANCES
9 Months Ended
Dec. 31, 2022
Disclosure Text Block Supplement [Abstract]  
Other Assets Disclosure [Text Block]

NOTE 8 CLAIMS AND ADVANCES

 

 

 

(in thousands)

 

 

 

As of

December 31, 2022

($)

 

 

As of

March 31, 2022

($)

 

Claims receivable (1)

 

 

751

 

 

 

368

 

Non-current advances (2)

 

 

277

 

 

 

569

 

Total

 

 

1,028

 

 

 

937

 

 

(1)

The claims receivable is due from different vendors. While the Company has initiated collection proceedings internally or with the appropriate authorities, it believes receiving the amount in the next 12 months will be challenging because of the time required for collection proceedings.

 

 

(2)

Includes $140 thousand owed to one of our manufacturers for the equipment purchase.