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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income / (loss) $ 2,320 $ (17,623)
Adjustments to reconcile net income / (loss) to net cash (used in) / provided by operating activities:    
Depreciation and amortization expense 410 745
Stock-based compensation expense 293 12,746
Deferred tax benefit (7) (1,907)
Accrued income from long-term investments (118) (106)
Provision for expected credit loss 77 3,579
Others (29)
Sundry balances written back (1) (0)
Profit on sale of property and equipment (19) (6)
Change in fair value of forward purchase agreement put option liability (895) (631)
Change in fair value of derivative warrant liabilities 217 (681)
Loss on issuance of shares against accounts payable 342
Unrealized exchange gain 1 (40)
Changes in operating assets and liabilities:    
Accounts receivable (493) 1,264
Prepaid expenses and other current assets 1,707 (454)
Operating right-of-use assets (1,637) (2,146)
Other assets (63) (2,557)
Accounts payable (517) 863
Accrued compensation and related benefits, current (437) (473)
Other current liabilities (261) 4,552
Operating lease liabilities 1,679 2,176
Other liabilities 138 591
Net cash provided by operating activities 2,394 205
Cash flows from investing activities    
Acquisition of property and equipment (631) (982)
Sale of property and equipment 84 7
Issuance of loans to affiliates (136) (866)
Payments received for loans to affiliates 108 853
Fixed Deposits placed with banks (609)
Proceeds from maturities of fixed deposits placed with banks 250
Net cash used in investing activities (934) (988)
Cash flows from financing activities    
Net repayment of short-term borrowings (1,879) (1,855)
Payment of insurance financing liability (164) (440)
Proceeds from long-term debt 916
Repayment of long-term debt (119) (820)
Payment of finance lease obligations (166) (210)
Payment of deferred transaction costs (20)
Proceeds from issuance of Class A ordinary shares, net of issuance cost 4,678
Net cash (used in) / provided by financing activities (2,328) 2,249
Effect of exchange rate changes on cash and cash equivalents (30) 77
Net (decrease) / increase in cash and cash equivalents (898) 1,543
Cash and cash equivalents at the beginning of the period 2,764 2,084
Cash and cash equivalents at the end of the period 1,866 3,627
Supplemental cash flow disclosure:    
Cash paid for interest 232 321
Cash paid for income taxes, net of refunds 214 556
Supplemental disclosure of non-cash investing and financing activities:    
Unpaid deferred transaction costs included in accounts payable and other current liabilities 640
Equipment acquired under finance lease obligations 63 38
Property and equipment purchase included in accounts payable 1
Settlement of accounts payable through issuance of Class A ordinary shares to vendors 342
Issuance of common stock to vendor in lieu of future services $ 180