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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Mar. 31, 2022
Current assets:          
Cash and cash equivalents $ 4,197 $ 2,084   $ 1,131  
Accounts receivable, net of allowance of $2,299 and $1,263 as of June 30, 2024 and March 31, 2024, respectively 22,406 23,757   13,416  
Prepaid expenses and other current assets, net of allowance of $1 and $1, as of June 30, 2024 and March 31, 2024, respectively 7,196 6,995   4,117  
Total current assets 33,799 32,836   20,585  
Property and equipment, net 3,552 3,579   3,125  
Operating right-of-use assets 6,953 7,318   5,627  
Deferred tax assets 3,203 1,933   1,237  
Long-term investments, net of allowance of $113 and $126, as of June 30, 2024 and March 31, 2024, respectively 1,677 1,612   1,564  
Other assets, net of allowance of $1 and $1, as of June 30, 2024 and March 31, 2024, respectively 2,584 2,129   2,259  
Total assets 51,768 49,407   34,397  
Current liabilities:          
Accounts payable 6,633 6,616   2,474  
Accrued compensation and related benefits, current 2,163 3,119   2,823  
Operating lease liabilities, current 1,953 2,080   1,648  
Short-term borrowings 6,395 6,778   1,376  
Forward purchase agreement put option liability 10,940 10,244    
Other current liabilities 10,744 9,288   4,201  
Total current liabilities 38,828 38,125   12,522  
Long term debt 1,675 1,440   969  
Operating lease liabilities, noncurrent 5,383 5,615   4,261  
Derivative warrant liabilities 610 1,367    
Deferred tax liabilities 118 92   168  
Other liabilities 4,233 3,948   3,008  
Total liabilities 50,847 50,587   20,928  
Commitments and contingencies (Note 10)          
Redeemable noncontrolling interest 735 734    
Shareholders’ equity (deficit)          
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding    
Common stock, value issued      
Net shareholders’ investment and additional paid-in capital 26,895   7,221  
Accumulated other comprehensive loss (641) (574)   (1,349)  
Accumulated deficit (26,489) (11,668)   6,318  
Total Aeries Technology, Inc. shareholders’ deficit (231) (12,240)   12,190  
Noncontrolling interest 417 10,326   1,279  
Total shareholders’ equity (deficit) 186 (1,914) $ 15,090 13,469 $ 8,696
Total liabilities, redeemable noncontrolling interest and shareholders’ equity (deficit) 51,768 49,407   34,397  
Common Class A [Member]          
Shareholders’ equity (deficit)          
Common stock, value issued 4 2      
Common Class V [Member]          
Shareholders’ equity (deficit)          
Common stock, value issued