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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net income $ 17,256 $ 1,706
Adjustments to reconcile net (loss) / income to net cash (used in) / provided by operating activities:    
Depreciation and amortization expense 1,352 1,172
Stock-based compensation expense 1,626 3,805
Deferred tax (benefit) / expenses (718) (161)
Accrued income from long-term investments (196) (130)
Provision for expected credit loss 1,098
Gain on lease termination (13) (25)
Sundry balances written back (48) (36)
Unrealized exchange (gain) / loss (26) 6
Impairment in value of investments 24
Loss on sale of property and equipment 12 54
Change in fair value of forward purchase agreement put option liability (14,765)
Change in fair value of derivative warrant liabilities (1,402)
Loss on issuance of shares against accounts payable 48
Changes in operating assets and liabilities:    
Accounts receivable (11,741) (6,123)
Prepaid expenses and other current assets (340) (1,199)
Operating right-of-use assets (1,839) (6,113)
Other assets 312 (801)
Accounts payable (568) 1,020
Accrued compensation and related benefits, current 323 898
Other current liabilities 2,378 838
Operating lease liabilities 1,953 6,425
Other liabilities 999 751
Net cash (used in) / provided by operating activities (4,299) 2,111
Cash flows from investing activities    
Acquisition of property and equipment (1,520) (1,600)
Sale of property and equipment 11 12
Issuance of loans to affiliates (2,325) (813)
Payments received for loans to affiliates 2,094 844
Net cash used in investing activities (1,740) (1,557)
Cash flows from financing activities    
Net proceeds from short term borrowings 2,545 1,184
Payment of promissory note liability (1,500)
Payment of insurance financing liability (448)
Proceeds from long-term debt 882 368
Repayment of long-term debt (391) (229)
Payment of finance lease obligations (391) (390)
Payment of deferred transaction costs (2,297) (769)
Net changes in net shareholders’ investment (10) 88
Proceeds from issuance of common stock and forward purchase agreement in connection with Business Combination, net 8,666
Net cash provided by financing activities 7,056 252
Effect of exchange rate changes on cash and cash equivalents (64) (26)
Net increase in cash and cash equivalents 953 780
Cash and cash equivalents at the beginning of the period 1,131 351
Cash and cash equivalents at the end of the period 2,084 1,131
Supplemental cash flow disclosure:    
Cash paid for interest 465 273
Cash paid for income taxes, net of refunds 1,008 1,229
Supplemental disclosure of non-cash investing and financing activities:    
Unpaid deferred transaction costs included in accounts payable and other current liabilities 663 1,189
Equipment acquired under finance lease obligations 313 164
Property and equipment purchase included in accounts payable 41 25
Settlement of accounts payable through issuance of Class A ordinary shares to vendors 855
Assumption of net liabilities from Business Combination $ 38,994