v3.25.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Schedule of Accounts Receivable he reconciliation for allowance for credit losses on accounts receivables for the years ended March 31, 2025 and 2024 (in thousands):
Year Ended Year ended March 31,
20252024
Balance at the beginning of the year$1,420 $1,160 
Provision for credit losses802 288 
Charge-offs, net of recoveries(884)(28)
Balance at March 31$1,338 $1,420 
Schedule of Goodwill
Goodwill for relevant segments and corporate and other, at original cost, consisted of the following (in thousands):
Year Ended March 31,
20252024
Overnight air cargo
$76 $76 
Commercial aircraft, engines and parts
4,227 4,227 
Digital solutions
6,239 6,237 
Total reportable segment goodwill, at cost
10,542 10,540 
Corporate and other
376 376 
Less accumulated impairment(376)(376)
Goodwill, net of impairment$10,542 $10,540 
Schedule of Finite-Lived Intangible Assets
The estimated amortizable lives of the intangible assets are as follows:
Years
Purchased software3
Internally developed software
10-15
In-place lease and other intangiblesOver lease term
Trade names5
Certification5
Non-compete5
License5
Patents9
Customer relationships
10-15
Intangibles consisted of the following (in thousands):
Year Ended March 31,
20252024
Purchased software$865 $582 
Internally developed software3,6583,657
In-place lease and other intangibles1,0941,094
Customer relationships8,0128,009
Patents1,1391,112
Other1,5121,502
16,280 15,956 
Accumulated amortization(6,330)(5,119)
9,950 10,837 
In-process software70141
Intangible assets, total$10,020 $10,978