XML 20 R12.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN REDEEMABLE NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY (DEFICIT) - USD ($)
$ in Thousands
Redeemable Noncontrolling Interest [Member]
Ordinary Shares Class A [Member]
Ordinary Shares Class V [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total Stockholders Equitydeficit [Member]
Noncontrolling Interest [Member]
Total
Beginning balance, value at Mar. 31, 2022 $ 0 $ 3,328 $ 4,872 $ (644) $ 7,556 $ 1,140 $ 8,696
Beginning balance, shares at Mar. 31, 2022   10,000            
Stock-based compensation 3,805 3,805 3,805
Net changes in net stockholders’ investment 88 88 88
Net income for the period 1,446 1,446 260 1,706
Other comprehensive loss (705) (705) (121) (826)
Ending balance, value at Mar. 31, 2023 (0) $ (0) $ (0) 7,221 6,318 (1,349) 12,190 1,279 13,469
Ending balance, shares at Mar. 31, 2023   10,000            
Transition period adjustment pursuant to ASC 326, net of tax     (190) (190) (33) (223)
Adjusted Balance, value     7,221 6,128 (1,349) 12,000 1,246 13,246
Adjusted Balance, shares   10,000              
Stock-based compensation     1,374 1,374 1,374
Net changes in net stockholders’ investment     (10) (10) (10)
Net income for the period 421 421 73 494
Other comprehensive loss     (12) (12) (2) (14)
Ending balance, value at Jun. 30, 2023 8,585 6,549 (1,361) 13,773 1,317 15,090
Ending balance, shares at Jun. 30, 2023   10,000              
Beginning balance, value at Mar. 31, 2023 (0) $ (0) $ (0) 7,221 6,318 (1,349) 12,190 1,279 13,469
Beginning balance, shares at Mar. 31, 2023   10,000            
Transition period adjustment pursuant to ASC 326, net of tax (190) (190) (33) (223)
Adjusted Balance, value 7,221 6,128 (1,349) 12,000 1,246 13,246
Adjusted Balance, shares   10,000            
Stock-based compensation 1,626 1,626 1,626
Net changes in net stockholders’ investment (10) (10) (10)
Share in Pre-Merger net income 1,479 1,479 137 1,616
Share in Pre-Merger other comprehensive income (169) (169) (22) (191)
Impact of reverse recapitalization (Refer note 1) 9,581 $ 2 $ 0 (38,492) (4,701) 936 (42,255) (1,354) (43,609)
Impact of reverse recapitalization (Refer note 2), shares   15,247,666 1            
Settlement of accounts payable through issuance of shares 903 903 903
Settlement of accounts payable through issuance of shares, shares   361,338              
Net income for the period post Business Combination upto redeemable noncontrolling interest reclass 1,391 12,484 12,484 12,484
Other comprehensive loss post Business Combination upto redeemable noncontrolling interest reclass 10 7 7 7
Reclassification of redeemable noncontrolling interest to noncontrolling interest (10,254) 10,254 10,254
Net income for the period post Business Combination post redeemable noncontrolling interest reclass 6 1,694 1,694 65 1,759
Other comprehensive loss post Business Combination post redeemable noncontrolling interest reclass 1 1 1
Reclassification of negative additional paid-in capital 28,752 (28,752)  
Ending balance, value at Mar. 31, 2024 734 $ 2 $ 0 (11,668) (574) (12,240) 10,326 (1,914)
Ending balance, shares at Mar. 31, 2024   15,619,004 1            
Stock-based compensation $ 0 12,746 12,746 12,746
Net income for the period 10 (14,391) (14,391) (262) (14,653)
Ending balance, value at Jun. 30, 2024 $ 735 $ 4 $ 0 $ 26,895 $ (26,489) $ (641) $ (231) $ 417 $ 186
Ending balance, shares at Jun. 30, 2024   44,102,041 1