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ACCRUED AND OTHER LIABILITIES
3 Months Ended
Jun. 30, 2024
Accrued Liabilities Disclosure Abstract  
Accrued Liabilities Disclosure [Text Block]

NOTE 10 ACCRUED AND OTHER LIABILITIES

 

   

(in thousands)

 
   

As of

June 30, 2024

($)

   

As of

March 31, 2024

($)

 

Compensation and other contributions

    1,012       816  

Provision for expenses

    156       208  

Short-term lease liability

    133       124  

Other current liability

    417       419  

Total

    1,718       1,567  

 

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 $23 thousand and $25 thousand as of June 30, 2024, and March 31, 2024, respectively, and approximately $3 thousand of short-term loans as of June 30, 2024, and March 31, 2024, respectively.