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ACCRUED AND OTHER LIABILITIES
 9 Months Ended
Dec. 31, 2023
Accrued Liabilities Disclosure Abstract  
Accrued Liabilities Disclosure [Text Block]

NOTE 10 – ACCRUED AND OTHER LIABILITIES

 

   

(in thousands)

  
   

As of

December 31, 2023

($)

    

As of

March 31, 2023

($)

  

Compensation and other contributions

     745       619  

Provision for expenses

     209       258  

Short-term lease liability

     124       133  

Other current liability

     210       358  

Total

     1,288       1,368  

 

Compensation and other contribution-related liabilities consist of accrued salaries to employees. In addition, provision for expenses includes provision for legal, professional, and marketing expenses. Other current liability also includes statutory payables of approximately $41 thousand and $31 thousand as of December 31, 2023, and March 31, 2023, respectively, and approximately $3 thousand of short-term loans as of December 31, 2023, and March 31, 2023, respectively.