v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 4,878 $ 2,764
Accounts receivable, net of allowance of $1,335 and $3,574 as of March 31, 2026 and March 31, 2025, respectively 12,719 10,982
Prepaid expenses and other current assets, net of allowance of $0 and $0, as of March 31, 2026 and March 31, 2025, respectively 6,170 7,581
Deferred transactions costs 125
Total current assets 23,892 21,327
Property and equipment, net 1,750 1,570
Operating right-of-use assets 8,608 9,602
Deferred tax assets, net 3,689 4,064
Long-term investments, net of allowance of $52 and $76, as of March 31, 2026 and March 31, 2025, respectively 1,896 1,830
Other assets 2,059 1,440
Total assets 41,894 39,833
Current liabilities:    
Accounts payable 9,270 8,154
Accrued compensation and related benefits, current 3,568 2,432
Operating lease liabilities, current 2,694 2,543
Short-term borrowings 4,436 6,504
Forward purchase agreement put option liability 4,287 5,034
Other current liabilities 6,434 7,753
Total current liabilities 30,689 32,420
Long term debt 798 1,096
Operating lease liabilities, noncurrent 6,358 7,483
Derivative warrant liabilities 421 629
Deferred tax liabilities, net 197 139
Other liabilities 6,016 4,170
Total liabilities 44,479 45,937
Commitments and contingencies (Note 16)    
Redeemable noncontrolling interest 448 (42)
Shareholders’ equity / (deficit)    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding
Net shareholders’ investment and additional paid-in capital 29,115 27,203
Less: Common Stock held in treasury at cost; 2,997,954 shares as on March 31, 2026 and 1,285,392 shares as on March 31, 2025 (1,304) (724)
Accumulated other comprehensive loss (1,977) (908)
Accumulated deficit (28,873) (31,380)
Total Aeries Technology, Inc. shareholders’ equity / (deficit) (3,034) (5,804)
Noncontrolling interest 1 (258)
Total shareholders’ equity / (deficit) (3,033) (6,062)
Total liabilities, redeemable noncontrolling interest and shareholders’ equity / (deficit) 41,894 39,833
Common Class A [Member]    
Shareholders’ equity / (deficit)    
Common stock, value 5 5
Common Class V [Member]    
Shareholders’ equity / (deficit)    
Common stock, value