0001853044 2025-04-01 2026-03-31 0001853044 aert:ClassOrdinarySharesParValue0.0001PerShareMember 2025-04-01 2026-03-31 0001853044 aert:RedeemableWarrantsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50Member 2025-04-01 2026-03-31 0001853044 2025-09-30 0001853044 us-gaap:CommonClassAMember 2026-06-05 0001853044 aert:CommonClassVMember 2026-06-05 0001853044 2026-03-31 0001853044 2025-03-31 0001853044 us-gaap:CommonClassAMember 2026-03-31 0001853044 us-gaap:CommonClassAMember 2025-03-31 0001853044 aert:CommonClassVMember 2026-03-31 0001853044 aert:CommonClassVMember 2025-03-31 0001853044 2024-04-01 2025-03-31 0001853044 aert:RedeemableNoncontrollingInterestMember 2025-03-31 0001853044 aert:OrdinarySharesClassAMember 2025-03-31 0001853044 aert:OrdinarySharesClassVMember 2025-03-31 0001853044 aert:OrdinarySharesTreasurySharesMember 2025-03-31 0001853044 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001853044 us-gaap:RetainedEarningsMember 2025-03-31 0001853044 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001853044 aert:TotalStockholdersEquitydeficitMember 2025-03-31 0001853044 us-gaap:NoncontrollingInterestMember 2025-03-31 0001853044 aert:RedeemableNoncontrollingInterestMember 2024-03-31 0001853044 aert:OrdinarySharesClassAMember 2024-03-31 0001853044 aert:OrdinarySharesClassVMember 2024-03-31 0001853044 aert:OrdinarySharesTreasurySharesMember 2024-03-31 0001853044 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001853044 us-gaap:RetainedEarningsMember 2024-03-31 0001853044 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001853044 aert:TotalStockholdersEquitydeficitMember 2024-03-31 0001853044 us-gaap:NoncontrollingInterestMember 2024-03-31 0001853044 2024-03-31 0001853044 aert:RedeemableNoncontrollingInterestMember 2025-04-01 2026-03-31 0001853044 aert:OrdinarySharesClassAMember 2025-04-01 2026-03-31 0001853044 aert:OrdinarySharesClassVMember 2025-04-01 2026-03-31 0001853044 aert:OrdinarySharesTreasurySharesMember 2025-04-01 2026-03-31 0001853044 us-gaap:AdditionalPaidInCapitalMember 2025-04-01 2026-03-31 0001853044 us-gaap:RetainedEarningsMember 2025-04-01 2026-03-31 0001853044 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-04-01 2026-03-31 0001853044 aert:TotalStockholdersEquitydeficitMember 2025-04-01 2026-03-31 0001853044 us-gaap:NoncontrollingInterestMember 2025-04-01 2026-03-31 0001853044 aert:RedeemableNoncontrollingInterestMember 2024-04-01 2025-03-31 0001853044 aert:OrdinarySharesClassAMember 2024-04-01 2025-03-31 0001853044 aert:OrdinarySharesClassVMember 2024-04-01 2025-03-31 0001853044 aert:OrdinarySharesTreasurySharesMember 2024-04-01 2025-03-31 0001853044 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2025-03-31 0001853044 us-gaap:RetainedEarningsMember 2024-04-01 2025-03-31 0001853044 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2025-03-31 0001853044 aert:TotalStockholdersEquitydeficitMember 2024-04-01 2025-03-31 0001853044 us-gaap:NoncontrollingInterestMember 2024-04-01 2025-03-31 0001853044 aert:RedeemableNoncontrollingInterestMember 2026-03-31 0001853044 aert:OrdinarySharesClassAMember 2026-03-31 0001853044 aert:OrdinarySharesClassVMember 2026-03-31 0001853044 aert:OrdinarySharesTreasurySharesMember 2026-03-31 0001853044 us-gaap:AdditionalPaidInCapitalMember 2026-03-31 0001853044 us-gaap:RetainedEarningsMember 2026-03-31 0001853044 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2026-03-31 0001853044 aert:TotalStockholdersEquitydeficitMember 2026-03-31 0001853044 us-gaap:NoncontrollingInterestMember 2026-03-31 0001853044 aert:AARKMember 2023-11-06 0001853044 aert:AARKShareholdersMember 2023-11-06 0001853044 us-gaap:CommonStockMember 2026-03-31 0001853044 aert:PrivatePlacementWarrantsMember 2025-04-01 2026-03-31 0001853044 aert:PublicWarrantsMember 2025-04-01 2026-03-31 0001853044 aert:ClassAOrdinarySharesMember 2026-03-31 0001853044 us-gaap:AccountsReceivableMember 2025-04-01 2026-03-31 0001853044 2023-12-01 2023-12-31 0001853044 us-gaap:CommonClassAMember 2023-12-31 0001853044 aert:ThreeCustomerMember us-gaap:SalesRevenueNetMember 2025-04-01 2026-03-31 0001853044 aert:TwoCustomersMember us-gaap:SalesRevenueNetMember 2024-04-01 2025-03-31 0001853044 aert:CustomerMember 2025-04-01 2026-03-31 0001853044 aert:CustomerMember 2024-04-01 2025-03-31 0001853044 us-gaap:AccountsReceivableMember 2026-03-31 0001853044 us-gaap:AccountsReceivableMember 2025-03-31 0001853044 aert:LongTermInvestmentMember 2026-03-31 0001853044 aert:LongTermInvestmentMember 2025-03-31 0001853044 aert:CustomerOneMember 2025-04-01 2026-03-31 0001853044 aert:CustomerOneMember 2024-04-01 2025-03-31 0001853044 aert:CustomerTwoMember 2025-04-01 2026-03-31 0001853044 aert:CustomerTwoMember 2024-04-01 2025-03-31 0001853044 aert:CustomerThreeMember 2025-04-01 2026-03-31 0001853044 us-gaap:AccountsReceivableMember 2024-03-31 0001853044 us-gaap:AccountsReceivableMember 2024-04-01 2025-03-31 0001853044 aert:LongTermInvestmentMember 2024-03-31 0001853044 aert:LongTermInvestmentMember 2025-04-01 2026-03-31 0001853044 aert:LongTermInvestmentMember 2024-04-01 2025-03-31 0001853044 srt:MinimumMember us-gaap:ComputerEquipmentMember 2026-03-31 0001853044 srt:MaximumMember us-gaap:ComputerEquipmentMember 2026-03-31 0001853044 us-gaap:OfficeEquipmentMember 2026-03-31 0001853044 us-gaap:FurnitureAndFixturesMember 2026-03-31 0001853044 srt:MinimumMember us-gaap:VehiclesMember 2026-03-31 0001853044 srt:MaximumMember us-gaap:VehiclesMember 2026-03-31 0001853044 aert:InternalUseSoftwareMember 2026-03-31 0001853044 us-gaap:LeaseholdImprovementsMember 2025-04-01 2026-03-31 0001853044 us-gaap:ComputerEquipmentMember 2026-03-31 0001853044 us-gaap:ComputerEquipmentMember 2025-03-31 0001853044 us-gaap:LeaseholdImprovementsMember 2026-03-31 0001853044 us-gaap:LeaseholdImprovementsMember 2025-03-31 0001853044 us-gaap:OfficeEquipmentMember 2025-03-31 0001853044 aert:InternalUseSoftwareUnderDevelopmentMember 2026-03-31 0001853044 aert:InternalUseSoftwareUnderDevelopmentMember 2025-03-31 0001853044 us-gaap:FurnitureAndFixturesMember 2025-03-31 0001853044 us-gaap:VehiclesMember 2026-03-31 0001853044 us-gaap:VehiclesMember 2025-03-31 0001853044 aert:FinanceLeaseArrangementsMember 2026-03-31 0001853044 aert:FinanceLeaseArrangementsMember 2025-03-31 0001853044 aert:FinanceLeaseArrangementsMember 2025-04-01 2026-03-31 0001853044 aert:FinanceLeaseArrangementsMember 2024-04-01 2025-03-31 0001853044 aert:BostonSystemsPrivateLimitedMember us-gaap:CommonStockMember 2026-03-31 0001853044 us-gaap:CommonStockMember 2025-04-01 2026-03-31 0001853044 us-gaap:CommonStockMember 2025-03-31 0001853044 aert:AeriesTechnologyProductsAndStrategiesPrivateLtdMember aert:CumulativeRedeemablePreferenceSecuritiesMember 2026-03-31 0001853044 aert:CumulativeRedeemablePreferenceSecuritiesMember 2026-03-31 0001853044 aert:CumulativeRedeemablePreferenceSecuritiesMember 2025-03-31 0001853044 aert:AeriesFinancialTechnologiesPrivateLtdMember aert:SeriesARedeemablePreferenceSecuritiesMember 2026-03-31 0001853044 aert:SeriesARedeemablePreferenceSecuritiesMember 2026-03-31 0001853044 aert:SeriesARedeemablePreferenceSecuritiesMember 2025-03-31 0001853044 us-gaap:ShortTermDebtMember 2026-03-31 0001853044 us-gaap:ShortTermDebtMember 2025-03-31 0001853044 aert:CurrentPortionOfVehicleLoanMember 2026-03-31 0001853044 aert:CurrentPortionOfVehicleLoanMember 2025-03-31 0001853044 us-gaap:RevolvingCreditFacilityMember 2026-03-31 0001853044 us-gaap:RevolvingCreditFacilityMember 2025-03-31 0001853044 2025-11-01 2026-11-06 0001853044 aert:LoanFromDirectorMember 2026-03-31 0001853044 aert:LoanFromDirectorMember 2025-03-31 0001853044 aert:LoanFromAffiliateMember 2026-03-31 0001853044 aert:LoanFromAffiliateMember 2025-03-31 0001853044 aert:VehicleLoanMember 2026-03-31 0001853044 aert:VehicleLoanMember 2025-03-31 0001853044 2022-12-07 0001853044 2022-12-01 2022-12-07 0001853044 2024-08-02 0001853044 2024-07-26 2024-08-02 0001853044 srt:NorthAmericaMember 2025-04-01 2026-03-31 0001853044 srt:NorthAmericaMember 2024-04-01 2025-03-31 0001853044 srt:AsiaPacificMember 2025-04-01 2026-03-31 0001853044 srt:AsiaPacificMember 2024-04-01 2025-03-31 0001853044 srt:MinimumMember 2026-03-31 0001853044 srt:MaximumMember 2026-03-31 0001853044 srt:MinimumMember 2025-03-31 0001853044 srt:MaximumMember 2025-03-31 0001853044 country:US 2025-04-01 2026-03-31 0001853044 country:US 2024-04-01 2025-03-31 0001853044 country:IN 2025-04-01 2026-03-31 0001853044 country:IN 2024-04-01 2025-03-31 0001853044 country:KY 2025-04-01 2026-03-31 0001853044 country:KY 2024-04-01 2025-03-31 0001853044 country:AE 2025-04-01 2026-03-31 0001853044 country:AE 2024-04-01 2025-03-31 0001853044 country:SG 2025-04-01 2026-03-31 0001853044 country:SG 2024-04-01 2025-03-31 0001853044 country:MX 2025-04-01 2026-03-31 0001853044 country:MX 2024-04-01 2025-03-31 0001853044 country:IN 2026-03-31 0001853044 country:SG 2026-03-31 0001853044 country:US 2026-03-31 0001853044 country:AE 2026-03-31 0001853044 country:MX 2026-03-31 0001853044 country:IN 2025-03-31 0001853044 country:SG 2025-03-31 0001853044 country:US 2025-03-31 0001853044 country:AE 2025-03-31 0001853044 country:MX 2025-03-31 0001853044 2029-03-31 0001853044 2030-03-31 0001853044 2033-03-31 0001853044 aert:AarkIIPteLimitedMember 2025-04-01 2026-03-31 0001853044 aert:AeriesTechnologyProductsAndStrategiesPrivateLimitedATPSPLMember 2025-04-01 2026-03-31 0001853044 aert:AeriesFinancialTechnologiesPrivateLimitedMember 2025-04-01 2026-03-31 0001853044 aert:BhanixFinanceAndInvestmentLimitedMember 2025-04-01 2026-03-31 0001853044 aert:RalakConsultingLLPMember 2025-04-01 2026-03-31 0001853044 aert:SqrrlFintechPrivateLimitedMember 2025-04-01 2026-03-31 0001853044 aert:TSLCPteLimitedMember 2025-04-01 2026-03-31 0001853044 aert:VenuRamanKumarMember 2025-04-01 2026-03-31 0001853044 aert:VaibhavRaoMember 2025-04-01 2026-03-31 0001853044 aert:SudhirAppukuttanPanikasseryMember 2025-04-01 2026-03-31 0001853044 aert:BhishamAjayKhareMember 2025-04-01 2026-03-31 0001853044 aert:AeriesFinancialTechnologiesPrivateLimitedMember 2025-04-01 2026-03-31 0001853044 aert:AeriesFinancialTechnologiesPrivateLimitedMember 2024-04-01 2025-03-31 0001853044 aert:BhanixFinanceAndInvestmentLimitedMember 2025-04-01 2026-03-31 0001853044 aert:BhanixFinanceAndInvestmentLimitedMember 2024-04-01 2025-03-31 0001853044 aert:AeriesTechnologyProductsAndStrategiesPrivateLimitedMember 2025-04-01 2026-03-31 0001853044 aert:AeriesTechnologyProductsAndStrategiesPrivateLimitedMember 2024-04-01 2025-03-31 0001853044 aert:MrVaibhavRaoMember 2025-04-01 2026-03-31 0001853044 aert:MrVaibhavRaoMember 2024-04-01 2025-03-31 0001853044 aert:SqrrlFintechPrivateLimitedMember 2025-04-01 2026-03-31 0001853044 aert:SqrrlFintechPrivateLimitedMember 2024-04-01 2025-03-31 0001853044 aert:RalakConsultingLLPMember 2025-04-01 2026-03-31 0001853044 aert:RalakConsultingLLPMember 2024-04-01 2025-03-31 0001853044 aert:AarkIIPteLimitedMember 2025-04-01 2026-03-31 0001853044 aert:AarkIIPteLimitedMember 2024-04-01 2025-03-31 0001853044 aert:RalakConsultingLLPMember 2026-03-31 0001853044 aert:RalakConsultingLLPMember 2025-03-31 0001853044 aert:AarkIIPteLimitedMember 2026-03-31 0001853044 aert:AarkIIPteLimitedMember 2025-03-31 0001853044 aert:AeriesFinancialTechnologiesPrivateLimitedMember 2026-03-31 0001853044 aert:AeriesFinancialTechnologiesPrivateLimitedMember 2025-03-31 0001853044 aert:BhanixFinanceAndInvestmentLimitedMember 2026-03-31 0001853044 aert:BhanixFinanceAndInvestmentLimitedMember 2025-03-31 0001853044 aert:TSLCPteLimitedMember 2026-03-31 0001853044 aert:TSLCPteLimitedMember 2025-03-31 0001853044 aert:ReceivablesfromMrBhishamAjayKhareMember 2026-03-31 0001853044 aert:ReceivablesfromMrBhishamAjayKhareMember 2025-03-31 0001853044 aert:RemittanceIntransitInwardsMember 2026-03-31 0001853044 aert:RemittanceIntransitInwardsMember 2025-03-31 0001853044 aert:AeriesTechnologyProductsAndStrategiesPrivateLimitedMember 2026-03-31 0001853044 aert:AeriesTechnologyProductsAndStrategiesPrivateLimitedMember 2025-03-31 0001853044 aert:AeriesFinancialTechnologiesPrivateLtdMember 2026-03-31 0001853044 aert:AeriesFinancialTechnologiesPrivateLtdMember 2025-03-31 0001853044 aert:MrVaibhavRaoMember 2026-03-31 0001853044 aert:MrVaibhavRaoMember 2025-03-31 0001853044 2023-10-28 2023-11-02 0001853044 2025-03-01 2025-03-27 0001853044 2025-12-01 2025-12-26 0001853044 aert:MsNinaBShapiroMember 2025-09-01 2025-09-09 0001853044 aert:MrBiswajitDasguptaMember 2025-09-01 2025-09-09 0001853044 aert:MrAlokKochharMember 2025-09-01 2025-09-09 0001853044 aert:RameshVenkataramanMember 2025-09-01 2025-09-09 0001853044 2020-07-30 2020-08-01 0001853044 2022-04-01 2023-03-31 0001853044 2019-09-01 2019-09-23 0001853044 us-gaap:RestrictedStockUnitsRSUMember 2025-03-31 0001853044 us-gaap:RestrictedStockUnitsRSUMember 2025-04-01 2026-03-31 0001853044 us-gaap:RestrictedStockUnitsRSUMember 2026-03-31 0001853044 us-gaap:RestrictedStockUnitsRSUMember 2024-03-31 0001853044 us-gaap:RestrictedStockUnitsRSUMember 2024-04-01 2025-03-31 0001853044 aert:ESOPStockOptionMember 2025-03-31 0001853044 aert:ESOPStockOptionMember 2025-04-01 2026-03-31 0001853044 aert:ESOPStockOptionMember 2026-03-31 0001853044 aert:MSOPStockOptionMember 2025-03-31 0001853044 aert:MSOPStockOptionMember 2025-04-01 2026-03-31 0001853044 aert:MSOPStockOptionMember 2026-03-31 0001853044 aert:PublicWarrantsMember 2026-03-31 0001853044 2026-02-01 2026-02-25 0001853044 2023-06-01 2023-06-14 0001853044 2023-04-02 0001853044 2022-04-02 0001853044 us-gaap:InvestorMember aert:SubscriptionAgreementMember 2024-04-01 2024-04-08 0001853044 aert:SubscriptionAgreementMember 2024-04-08 0001853044 aert:SubscriptionAgreementMember 2024-04-01 2024-04-08 0001853044 aert:ClassAOrdinarySharesMember aert:SubscriptionAgreementMember 2024-04-01 2024-04-08 0001853044 aert:ClassAOrdinarySharesMember aert:SubscriptionAgreementMember 2024-07-10 0001853044 aert:ClassAOrdinarySharesMember aert:SubscriptionAgreementMember 2025-09-25 0001853044 aert:ClassAOrdinarySharesMember aert:SubscriptionAgreementMember 2024-04-08 0001853044 aert:AARKMember aert:SubscriptionAgreementMember 2024-04-01 2024-04-05 0001853044 aert:AARKMember aert:ClassAOrdinarySharesMember aert:SubscriptionAgreementMember 2024-04-01 2024-04-08 0001853044 2025-09-01 2025-09-22 0001853044 2025-09-22 0001853044 2026-03-01 2026-03-31 0001853044 aert:VendorsMember aert:SubscriptionAgreementMember 2024-05-01 2024-05-24 0001853044 aert:VendorsMember aert:ClassAOrdinarySharesMember 2024-09-01 2024-09-30 0001853044 aert:VendorsMember aert:ClassVOrdinarySharesMember 2024-09-01 2024-09-30 0001853044 aert:VendorsMember aert:ClassAOrdinarySharesMember 2025-09-01 2025-09-30 0001853044 aert:FPAHoldersMember 2025-09-01 2025-09-30 0001853044 aert:AARKMember 2026-03-31 0001853044 aert:ATGBAMember 2026-03-31 0001853044 aert:ForwardPurchaseAgreementPutOptionLiabilityMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 aert:ForwardPurchaseAgreementPutOptionLiabilityMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 aert:ForwardPurchaseAgreementPutOptionLiabilityMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 aert:ForwardPurchaseAgreementPutOptionLiabilityMember us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 aert:PublicWarrantsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 aert:PublicWarrantsMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 aert:PublicWarrantsMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 aert:PublicWarrantsMember us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 aert:PrivatePlacementWarrantsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 aert:PrivatePlacementWarrantsMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 aert:PrivatePlacementWarrantsMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 aert:PrivatePlacementWarrantsMember us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 us-gaap:FairValueMeasurementsRecurringMember 2026-03-31 0001853044 aert:ForwardPurchaseAgreementPutOptionLiabilityMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 aert:ForwardPurchaseAgreementPutOptionLiabilityMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 aert:ForwardPurchaseAgreementPutOptionLiabilityMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 aert:ForwardPurchaseAgreementPutOptionLiabilityMember us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 aert:PublicWarrantsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 aert:PublicWarrantsMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 aert:PublicWarrantsMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 aert:PublicWarrantsMember us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 aert:PrivatePlacementWarrantsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 aert:PrivatePlacementWarrantsMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 aert:PrivatePlacementWarrantsMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 aert:PrivatePlacementWarrantsMember us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001853044 aert:ForwardPurchaseAgreementDerivativeLiabilitiesMember 2025-04-01 2026-03-31 0001853044 aert:ForwardPurchaseAgreementPutOptionLiabilityMember 2025-04-01 2026-03-31 0001853044 aert:ForwardPurchaseAgreementPutOptionLiabilityMember 2024-04-01 2025-03-31 0001853044 aert:PrivateWarrantsLiabilityMember 2025-04-01 2026-03-31 0001853044 aert:ForwardPurchaseAgreementDerivativeLiabilitiesMember 2025-03-31 0001853044 aert:PublicWarrantsMember 2025-03-31 0001853044 aert:PrivatePlacementWarrantsMember 2025-03-31 0001853044 aert:PublicWarrantsMember 2025-04-01 2026-03-31 0001853044 aert:PrivatePlacementWarrantsMember 2025-04-01 2026-03-31 0001853044 aert:ForwardPurchaseAgreementDerivativeLiabilitiesMember 2026-03-31 0001853044 aert:PrivatePlacementWarrantsMember 2026-03-31 0001853044 2026-04-01 2026-06-05 0001853044 us-gaap:SubsequentEventMember 2026-04-01 2026-06-05 0001853044 us-gaap:CommonClassAMember us-gaap:SubsequentEventMember 2026-06-05 0001853044 us-gaap:SubsequentEventMember 2026-06-05 iso4217:USD shares iso4217:USD shares pure false FY 2026 0001853044 No No No No 10-K true 2026-03-31 --03-31 false 001-40920 Aeries Technology, Inc. E9 98-1587626 60 Paya Lebar Road #08-13 Paya Lebar Square Singapore SG 409051 919 228-6404 Class A ordinary shares, par value $0.0001 per share AERT NASDAQ Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 AERTW NASDAQ Non-accelerated Filer true true false false false false 8300000 45914789 1 None. <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Risk Management and Strategy</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_983_ecyd--CybersecurityRiskManagementProcessesIntegratedFlag_dbT_c20250401__20260331_zU71dNcvfSYf" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_904_ecyd--CybersecurityRiskManagementProcessesIntegratedTextBlock_c20250401__20260331_zn4BqsTgXGRf">The Company’s risk management program includes governance through the cybersecurity committee, consisting of senior executive management team along with legal and other key holders. Our Risk Management lead is tasked with integrating any cybersecurity risk considerations into overall risk management strategy. Risk management includes regular risk assessments to identify internal and external risks and to evaluate the magnitude of harm that could arise out of such risks.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_902_ecyd--CybersecurityRiskManagementThirdPartyEngagedFlag_dbT_c20250401__20260331_zatiAeUNlm5">The risk management program may also utilize third-party service providers where such support is complementary to the Company’s overall business strategy. Our risk management program includes training and education over the continuously evolving landscape of cybersecurity threats.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_902_ecyd--CybersecurityRiskThirdPartyOversightAndIdentificationProcessesFlag_dbT_c20250401__20260331_zTWQ6G9EVUof">We collaborate with external parties, including consultants, independent privacy assessors, computer security firms, training service providers and risk management and governance experts, to enhance our cybersecurity oversight.</span> As part of our cybersecurity governance framework, we periodically engage independent third-party auditors and security assessors to review elements of our cybersecurity program, evaluate the effectiveness of security controls, provide recommendations aligned with industry best practices, and support compliance and certification activities. We also routinely engage with industry groups to stay informed about emerging trends. In addition, as part of our overall risk mitigation strategy, we maintain cyber insurance coverage. Our cybersecurity policies, standards and procedures include cyber and data breach response plans, which are periodically assessed against the ISO 27001:2022, National Institute of Standards and Technology Cybersecurity Framework (NIST CSF 2.0), and other relevant standards.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Material effects of cybersecurity threats</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_983_ecyd--CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantFlag_dbF_c20250401__20260331_zDTTsbenE1i1" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_908_ecyd--CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantTextBlock_c20250401__20260331_zwKrlfxuQxud">Although cybersecurity risks have the potential to affect the business, financial condition, and results of operations, we do not believe that risks from attacks, including results from any previous cybersecurity incidents or threats, have materially affected or likely to materially affect our strategy, operations or financial condition.</span> However, no system or control framework can eliminate all risk. Despite our risk management practices, cyber incidents capable of causing material harm may still occur. Refer to “<i>Our business relies heavily on owned and third-party technology and computer systems, which subjects us to various uncertainties</i>” under the section entitled “<i>Risk Factors</i>”.</p> true The Company’s risk management program includes governance through the cybersecurity committee, consisting of senior executive management team along with legal and other key holders. Our Risk Management lead is tasked with integrating any cybersecurity risk considerations into overall risk management strategy. Risk management includes regular risk assessments to identify internal and external risks and to evaluate the magnitude of harm that could arise out of such risks. true true false Although cybersecurity risks have the potential to affect the business, financial condition, and results of operations, we do not believe that risks from attacks, including results from any previous cybersecurity incidents or threats, have materially affected or likely to materially affect our strategy, operations or financial condition. <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Governance and Management</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90E_ecyd--CybersecurityRiskBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock_c20250401__20260331_z2KAAQGrtAbh">Our board of directors addresses our cybersecurity risk management as part of its general oversight function.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_908_ecyd--CybersecurityRiskProcessForInformingBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock_c20250401__20260331_zjrpy6XXo2jj">As part of the Board’s oversight, the Board will receive a report at least annually from our cybersecurity committee, covering updates on our cybersecurity risks and threats, the status of projects intended to strengthen our information security systems, assessments of the cybersecurity program, and the emerging threat landscape.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90A_ecyd--CybersecurityRiskRoleOfManagementTextBlock_c20250401__20260331_zbg82rFIUmqj">Our cybersecurity committee plays an active role by meeting periodically to review the status of the Company’s cyber security program and roadmap for new cybersecurity risk management initiatives.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_901_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleFlag_dbT_c20250401__20260331_zUZ3mVgvsVH4">The committee oversees cybersecurity risk management by evaluating whether management has robust cybersecurity policies and procedures, regularly assessing and monitoring cybersecurity risks, and receiving regular reports on the Company’s cybersecurity posture.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_903_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleTextBlock_c20250401__20260331_zUISFBEYsJt">The cybersecurity committee holds monthly review meetings, to discuss the status of the Company’s cybersecurity posture, plans and projects underway, and to discuss any changes in existing policies and procedures.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_909_ecyd--CybersecurityRiskManagementExpertiseOfManagementResponsibleTextBlock_c20250401__20260331_zeY1gSmwpcY">Our cybersecurity risk management processes are devised, implemented and assessed quarterly by our Cybersecurity lead, Enterprise Risk Management lead and Head of IT Strategy and Solutions. Our leads have extensive experience in cybersecurity and information technology, and based on their careers, have a deep understanding of our information technology and business needs.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_904_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleReportToBoardFlag_dbT_c20250401__20260331_zlLXKjLWVNr">Our leads report to the cybersecurity committee monthly regarding emerging risks and the overall cybersecurity environment and immediately when a cybersecurity incident occurs. Our IT heads and Cybersecurity lead closely monitor cybersecurity risks, including our practices and procedures against the cybersecurity environment, including the operation of our incident response plan. Our cybersecurity program is designed to ensure the confidentiality, integrity, and availability of data and systems as well as to ensure timely identification of and response to any incidents. This design is geared toward supporting our business objectives and the needs of our valued customers, employees, and other stakeholders.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_906_ecyd--CybersecurityRiskProcessForInformingManagementOrCommitteesResponsibleTextBlock_c20250401__20260331_zKmjxEVlk9t9">We strongly believe that cybersecurity is a collective responsibility that extends to every employee, and we prioritize it as an ongoing objective.</span> To increase our employees’ awareness of cyber threats, we provide education and share best practices through a security awareness training program. This includes conducting quarterly exercises, cyber-event simulations, training programs and incorporating our Technology Acceptable Use Policy into onboarding and training materials.</p> Our board of directors addresses our cybersecurity risk management as part of its general oversight function. As part of the Board’s oversight, the Board will receive a report at least annually from our cybersecurity committee, covering updates on our cybersecurity risks and threats, the status of projects intended to strengthen our information security systems, assessments of the cybersecurity program, and the emerging threat landscape. Our cybersecurity committee plays an active role by meeting periodically to review the status of the Company’s cyber security program and roadmap for new cybersecurity risk management initiatives. true The cybersecurity committee holds monthly review meetings, to discuss the status of the Company’s cybersecurity posture, plans and projects underway, and to discuss any changes in existing policies and procedures. Our cybersecurity risk management processes are devised, implemented and assessed quarterly by our Cybersecurity lead, Enterprise Risk Management lead and Head of IT Strategy and Solutions. Our leads have extensive experience in cybersecurity and information technology, and based on their careers, have a deep understanding of our information technology and business needs. true We strongly believe that cybersecurity is a collective responsibility that extends to every employee, and we prioritize it as an ongoing objective. false false false false true <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">The Board of Directors and the Compensation Committee typically grant equity awards during regularly scheduled meetings. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_909_eecd--AwardTmgMethodTextBlock_c20250401__20260331_zXQGcLfNTCmc">The timing of this approval would be dependent on the events of regular appraisal cycle, mid-year promotions, new- hires and / or any extraordinary circumstances.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_902_eecd--AwardTmgHowMnpiCnsdrdTextBlock_c20250401__20260331_zi6a0YDZ3iTf">The Board of Directors and the Compensation Committee do not take material nonpublic information into account when <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_902_eecd--AwardTmgPredtrmndFlag_dbT_c20250401__20260331_z60ECaUcLyGc">determining</span> the timing and terms of equity awards. The Company has <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_90A_eecd--AwardTmgMnpiCnsdrdFlag_dbF_c20250401__20260331_zhY6Ehkk1lmb"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_901_eecd--MnpiDiscTimedForCompValFlag_dbF_c20250401__20260331_zYstuBvZBdGa">not timed</span></span> the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">For the fiscal year ending March 31, 2026, no RSU were awarded to Messrs. Khare, Webb and Nambiar.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">For additional information regarding the equity awards held by our named executive officers as of March 31, 2026, please see the section below entitled “—<i>Outstanding Equity Awards at Fiscal Year-End</i>.”</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><i>Other Compensation and Employee Benefits</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">For fiscal year 2026, the U.S.-based NEOs participated in our medical insurance plan, on the same basis as all of our other U.S.-based employees. We generally do not provide perquisites or personal benefits to the named executive officers.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">Aeries maintains a 401(k) plan that provides eligible U.S. employees, including Messrs. Khare and Nambiar, with an opportunity to save for retirement on a tax advantaged basis. Eligible employees are able to defer eligible compensation up to certain Internal Revenue Code limits, which are updated annually. Aeries has the ability to make matching and discretionary contributions to the 401(k) plan. Currently, Aeries makes a 4% safe harbor contribution on behalf of its employees to the 401(k) plan. For fiscal year 2026, only Messrs. Khare and Webb participated in our 401(k) plan.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Outstanding Equity Awards at Fiscal Year-End</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">No named executive officers held outstanding equity awards as of March 31, 2026.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> The timing of this approval would be dependent on the events of regular appraisal cycle, mid-year promotions, new- hires and / or any extraordinary circumstances. The Board of Directors and the Compensation Committee do not take material nonpublic information into account when <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_902_eecd--AwardTmgPredtrmndFlag_dbT_c20250401__20260331_z60ECaUcLyGc">determining</span> the timing and terms of equity awards. The Company has <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_90A_eecd--AwardTmgMnpiCnsdrdFlag_dbF_c20250401__20260331_zhY6Ehkk1lmb"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEF3YXJkIFRpbWluZyBEaXNjbG9zdXJlAA__" id="xdx_901_eecd--MnpiDiscTimedForCompValFlag_dbF_c20250401__20260331_zYstuBvZBdGa">not timed</span></span> the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation. true false false Manohar Chowdhry & Associates 5341 Chennai, India 4878000 2764000 1335000 3574000 12719000 10982000 0 0 6170000 7581000 125000 23892000 21327000 1750000 1570000 8608000 9602000 3689000 4064000 52000 76000 1896000 1830000 2059000 1440000 41894000 39833000 9270000 8154000 3568000 2432000 2694000 2543000 4436000 6504000 4287000 5034000 6434000 7753000 30689000 32420000 798000 1096000 6358000 7483000 421000 629000 197000 139000 6016000 4170000 44479000 45937000 448000 -42000 0.0001 0.0001 5000000 5000000 0 0 0 0 0.0001 0.0001 500000000 500000000 48497154 48497154 47152626 47152626 5000 5000 0.0001 0.0001 1 1 1 1 1 1 29115000 27203000 2997954 1285392 1304000 724000 -1977000 -908000 -28873000 -31380000 -3034000 -5804000 1000 -258000 -3033000 -6062000 41894000 39833000 70014000 70198000 52715000 53478000 17299000 16720000 12781000 45490000 12781000 45490000 4518000 -28770000 -51000 4585000 208000 738000 581000 318000 326000 463000 751000 935000 624000 947000 6103000 5465000 -22667000 1991000 -1072000 3474000 -21595000 278000 -1163000 642000 -718000 2554000 -19714000 48329709 48329709 43080693 43080693 0.05 0.05 -0.46 -0.46 3474000 -21595000 975000 332000 -318000 -85000 -1293000 -417000 2181000 -22012000 -240000 1189000 -489000 776000 1452000 -20047000 -42000 47152626 5000 1 -0 1285392 -724000 27203000 -31380000 -908000 -5804000 -258000 -6062000 642000 2507000 2507000 324000 2831000 -153000 -1069000 -1069000 -72000 -1140000 50000 0 -0 -0 -0 851184 0 740000 740000 740000 1355906 0 699000 699000 699000 300000 0 180000 180000 180000 500000 0 293000 293000 293000 6000 6000 -1712562 1712562 -580000 -580000 -580000 448000 48497154 5000 1 -0 2997954 -1304000 29115000 -28873000 -1977000 -3034000 1000 -3033000 734000 15619004 2000 1 0 -0 -0 -11668000 -574000 -12240000 10326000 -1914000 -430000 -430000 -244000 -674000 -1000 -1000 -1000 21337000 2000 9396000 9398000 -9396000 2000 2211778 4675000 4675000 4675000 181639 1000 342000 343000 343000 9031027 12746000 12746000 12746000 -719000 -19282000 -19282000 -919000 -20201000 -57000 -333000 -333000 -25000 -358000 57811 44000 44000 44000 -241 -1285392 1285392 -724000 -724000 -724000 -42000 47152626 5000 1 0 1285392 -724000 27203000 -31380000 -908000 -5804000 -258000 -6062000 3474000 -21595000 837000 1384000 -0 1693000 293000 12746000 173000 -2109000 239000 216000 -1954000 2091000 1000 29000 18000 -90000 -1205000 -699000 1000 51000 -4585000 208000 738000 581000 342000 -181000 44000 -2861000 -9479000 3277000 -261000 -2301000 1284000 50000 3470000 858000 89000 2719000 3699000 1299000 -581000 -1242000 -842000 115000 3555000 1881000 425000 6772000 -1009000 1113000 1484000 87000 217000 131000 1356000 108000 1765000 -609000 250000 -10000 -1418000 -858000 -1833000 -405000 164000 491000 1506000 131000 1777000 176000 335000 40000 20000 -100000 4678000 7000 580000 724000 -3017000 2432000 -223000 115000 2114000 680000 2764000 2084000 4878000 2764000 346000 910000 1280000 2503000 134000 117000 1000 342000 180000 <p id="xdx_80B_eus-gaap--NatureOfOperations_zLRivuwpNh55" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 1 - <span id="xdx_823_zwfg0yZfTFBe">Nature of Operations</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Unless the context otherwise requires, Aeries Technology, Inc. and its subsidiaries, is herein referred to as the “Company”, “ATI”, the “registrant”, “us,” “we” and “our” in these consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is a global leader in AI enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private equity (PE)portfolio companies, supporting scalable, technology driven execution. Founded in 2012, its commitment to workforce development has earned it the Great Place to Work Certification for two consecutive years. The Company has subsidiaries in India, Mexico, Singapore, and the United States.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Business Combination</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On March 11, 2023, the Company (formerly Worldwide Webb Acquisition Corp. (“WWAC”)) entered into a Business Combination Agreement (as amended, the “Merger Agreement”) with WWAC Amalgamation Sub Pte. Ltd., a Singapore private company limited by shares and a direct wholly owned subsidiary of WWAC (“Amalgamation Sub”), and AARK. Pursuant to the Merger Agreement, Amalgamation Sub and AARK amalgamated and continued as one company, with AARK being the surviving entity, and as a result thereof, Aeries Technology Group Business Accelerators Pvt. Ltd. (“ATGBA”), an Indian private company limited by shares became an indirect subsidiary of WWAC (the “Amalgamation” and, together with the other transactions contemplated by the Merger Agreement, the “Business Combination”). Following the closing of the Business Combination, WWAC changed its corporate name to Aeries Technology, Inc.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Pursuant to the Merger Agreement, all AARK ordinary shares that were issued and outstanding prior to the effective time of the Amalgamation remained issued and outstanding following the Amalgamation and continued to be held by the former sole shareholder of AARK. The Company issued a Class V ordinary share to NewGen Advisors and Consultants DWC-LLC (“NewGen”). NewGen is a business associate of Mr. Raman Kumar (the “Former AARK Sole Shareholder”). NewGen has agreed to hold the Class V ordinary share to protect the interest of the Former AARK Sole Shareholder, in the event of certain extraordinary events as described in ATI’s amended and restated memorandum and articles of association, including a hostile takeover or the appointment or removal of directors at ATI level. While the Class V ordinary share does not carry any direct economic rights, it does carry voting rights equal to 1.3% which will ratchet up to 51% voting rights upon occurrence of the extraordinary events: (i) a threatened or actual hostile change of control and/or (ii) the appointment and removal of a director on our board of directors. All of the shares of Amalgamation Sub that were issued and outstanding as of the transaction date were converted into a number of newly issued AARK ordinary shares. In accordance with principles of Financial Accounting Standards Board’s Accounting Standards Codification Topic 805, Business Combinations (“ASC 805”) and based on the economic interest held by the shareholders post the transaction as well as the underlying rights, it was assessed that AARK is the accounting acquirer and WWAC is the accounting acquiree. The Business Combination closed on November 6, 2023 (“Closing Date”) and resulted in ATI owning <span id="xdx_90A_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_c20231106__srt--OwnershipAxis__custom--AARKMember_pd" title="Ownership, percentage">38.24%</span> of the issued and outstanding shares of AARK and the Former AARK Sole Shareholder of AARK owning the balance <span id="xdx_909_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_c20231106__srt--OwnershipAxis__custom--AARKShareholdersMember_pd" title="Ownership, percentage">61.76%</span>. Pursuant to the Business Combination, ATI has a right to appoint two out of the three directors on the board of directors of AARK and therefore has an ability to control the activities undertaken by AARK in ordinary course of business, resulting in AARK being classified as a subsidiary of ATI. Finally, the Business Combination has been accounted for as reverse recapitalization. Refer to the section <i>“Reverse Recapitalization”</i> below for details.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Reverse Recapitalization</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As mentioned above – <i>Business Combination</i>, the Business Combination was closed on November 6, 2023 and has been accounted for as a reverse recapitalization because AARK has been determined to be the accounting acquirer under ASC 805 based on the evaluation of the following facts and circumstances taken into consideration:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The Former AARK Sole Shareholder, who controlled AARK prior to the Business Combination, will retain a majority of the outstanding shares of ATI after giving effect to the Exchange Agreements. The Exchange Agreements are further discussed in Note 16;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">AARK has the ability to elect a majority of the members of ATI’s governing body;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">AARK’s executive team makes up the executive team of ATI;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">AARK represents an operating entity (group) with operating assets, revenues, and earnings significantly larger than WWAC.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Under a reverse recapitalization, while ATI was the legal acquirer, it has been treated as the “acquired” company for financial reporting purposes. Accordingly, for accounting purposes, the Business Combination was treated as the equivalent of pre-combination AARK issuing stock for the net assets of ATI, accompanied by a recapitalization. The net assets of ATI have been stated at historical cost, with no goodwill or other intangible assets recorded. Operations prior to the Business Combination are those of pre-combination AARK and relate to the management consulting business.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Immediately following the Business Combination, there were <span id="xdx_902_eus-gaap--SharesOutstanding_iI_pid_c20260331__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_z11YHJJJpUjh" title="Shares Outstanding">15,257,666</span> Class A ordinary shares outstanding with a par value of $<span id="xdx_900_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pid_c20260331__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zjR6sv9Bf1z5" title="Common stock, par value">0.0001</span>. Additionally, there were <span id="xdx_901_ecustom--PurchaseOfAdditionalShares_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--PrivatePlacementWarrantsMember_zjW5Z43wYY6" title="Purchase of additional shares">9,527,810</span> Private Placement Warrants (defined below) and <span id="xdx_903_ecustom--PurchaseOfAdditionalShares_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--PublicWarrantsMember_zDctQnQbwIak" title="Purchase of additional shares">11,499,991</span> Public Warrants (defined below) outstanding with a right to purchase <span id="xdx_90F_eus-gaap--ClassOfWarrantOrRightOutstanding_iI_pid_c20260331_zggApshBqBIb" title="Warrants outstanding">21,027,801</span> Class A ordinary shares.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Upon closing of the Business Combination, the total number of ATI’s Class A ordinary shares issued and outstanding was <span id="xdx_903_eus-gaap--ExcessStockSharesIssued_iI_pid_c20260331_zrSyJdOydb4c" title="Shares issued">15,257,666</span>. Further, certain Class A ordinary shareholders entered into non-redemption agreements executed on November 3, 2023 and November 5, 2023, to reverse redemptions for an aggregate of <span id="xdx_90D_eus-gaap--ExcessStockSharesIssued_iI_pid_c20260331__us-gaap--StatementEquityComponentsAxis__custom--ClassAOrdinarySharesMember_z3hFwzNk3tf7" title="Shares issued">1,652,892</span> Class A ordinary shares while waiving their right to receive any “Bonus Shares” issued under the Merger Agreement. In connection with the closing, holders of <span id="xdx_900_ecustom--RedemptionOfShares_iI_pid_c20260331__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zYsXm25uJHDc" title="Redemption of shares">2,697,052</span> Class A ordinary shares of ATI were redeemed at a price per share of approximately $10.69. AARK incurred approximately $<span id="xdx_905_eus-gaap--BusinessAcquisitionCostOfAcquiredEntityTransactionCosts_iI_pn3n3_c20260331_zLe5IVhwsbG9" title="Transaction costs relating to business combination">3,697</span> in transaction costs relating to the Business Combination and recorded those costs against additional paid-in capital in the consolidated balance sheet.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The number of Class A ordinary shares issued and outstanding immediately following the consummation of the Business Combination were:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--ScheduleOfconsummationOfBusinessCombinationTableTextBlock_pn3n3_zlXIwUYjYDA6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Nature of Operations (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B9_zy30jwr1slS4" style="display: none">Schedule of consummation of business combination</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_497_20260331_zoMfSXRZbKZc" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_ecustom--PublicShareholdersRedeemableClassOrdinarySharesIncludingBonusShares_iI_pid_z0gFHYOEFwnf" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Public Shareholders (Redeemable Class A ordinary shares), including Bonus Shares<sup id="xdx_F49_zVHYLIw92qxb">(1)(7)</sup></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">3,157,228</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_406_ecustom--SharesHeldByWorldwideWebbAcquisitionSponsorLlcSponsorAndOtherInitialHolders_iI_pid_zKv5Yr9X2nNh" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Shares held by Worldwide Webb Acquisition Sponsor, LLC (the “Sponsor”) and other initial holders<sup id="xdx_F43_zZBZX1Jtehoe">(2)(3)</sup></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,750,000</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40E_ecustom--SharesHeldByInnovoConsultancyDmcc_iI_pid_zHRStEv3Sl3f" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Shares held by Innovo Consultancy DMCC<sup id="xdx_F48_zsumckn3tT3b">(4)</sup></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,638,530</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_407_ecustom--HaresHeldByFpaAsDefinedBelowHolders_iI_pid_zvW294r7omW5" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Shares held by FPA (as defined below) Holders<sup id="xdx_F48_zNdLpbhpKL64">(5)</sup></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">3,711,667</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_404_eus-gaap--SharesIssued_iI_pid_zFHeIIPPwtp6" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1.25pt"><b>Total<sup id="xdx_F4B_zS7vy8N0jWyl">(6)</sup></b></td> <td style="padding-bottom: 1.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>15,257,425</b></td> <td style="text-align: left; padding-bottom: 1.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%; margin-left: 0; margin-right: auto"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td id="xdx_F0E_zWSoKWbiNYNa" style="width: 0.25in; text-align: justify">(1)</td> <td id="xdx_F11_zIeX7mHrzW1l" style="text-align: justify"> Includes 87,133 Bonus Shares issued to the Company’s public shareholders and 1,024,335 “Extension Shares” issued to certain holders of Class A ordinary shares (the “Holders”) in accordance with the Non-Redemption Agreement entered into between WWAC, the Sponsor, and the Holders of Class A ordinary shares. Also includes 288,333 shares purchased by the Forward Purchase Agreement (“FPA”) holders in the open market or via redemption reversals prior to the consummation of the Business Combination.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td id="xdx_F08_zYxQwKJXfGrb" style="text-align: justify; width: 0.25in">(2)</td> <td id="xdx_F1D_zJ8RQliAvOal" style="text-align: justify"> Includes 1,500,000 Class A ordinary shares issued to the Sponsor and 1,250,000 Class A ordinary shares issued to certain anchor investors upon conversion of Class B ordinary shares concurrently with the consummation of the Business Combination. 3,000,000 Class B ordinary shares were forfeited by the Sponsor upon the consummation of the Business Combination.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F0F_zLTHWBtN2Xv3" style="text-align: justify">(3)</td> <td id="xdx_F12_z4rWhtlXOON7" style="text-align: justify"> Does not include (i) 1,500,000 Class B ordinary shares forfeited upon the consummation of the Business Combination, or (ii) 1,500,000 Class B ordinary shares forfeited pursuant to a Support Agreement with the Sponsor.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F05_zh5o1snKowT4" style="text-align: justify">(4)</td> <td id="xdx_F14_zJCtKDTp4r22" style="text-align: justify"> Includes (i) 3,000,000 Class A ordinary shares reissued against 3,000,000 Class B ordinary shares forfeited by the Sponsor upon consummation of the Business Combination as per (2) above, and (ii) 2,638,530 remaining Bonus Shares issued to Innovo.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F06_ziAUswytiQSj" style="text-align: justify">(5)</td> <td id="xdx_F1A_zDSGWEwCFF14" style="text-align: justify"> Represents a new issuance of Class A ordinary shares to the Forward Purchase Agreement holders in accordance with the Forward Purchase Agreement.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F06_zBqoId2jx3C7" style="text-align: justify">(6)</td> <td id="xdx_F1C_zr7MEvXuPCTi" style="text-align: justify"> Does not include 10,000 AARK ordinary shares and 655,788 Aeries Technology Group Business Accelerators Private Limited’s ordinary shares that represent noncontrolling interest in AARK. These shares will be exchangeable (together with the proportionate reduction in the voting power of the Class V ordinary share, and in the case of the exchange of all AARK ordinary shares, the forfeiture and cancellation of the Class V ordinary share) into shares in Aeries Technology, Inc. in connection with the Exchange Agreements, which is further discussed in Note 16.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F0F_zW4zwIYKyNEh" style="text-align: justify">(7)</td> <td id="xdx_F1E_z6MlURhG0B2k" style="text-align: justify"> Reversal of excess bonus shares issued to Cowen and Company, LLC, which was mistakenly credited with 1,209 bonus shares instead of 968. This error has now been rectified. Refer to the Consolidated Statements of Changes in Redeemable Noncontrolling Interest and Shareholders’ Equity (Deficit) for the year ended March 31, 2025.</td> </tr> </table> <p id="xdx_8AA_zJp3eVsTfv8e" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As a result of the Business Combination, the Company’s Class A ordinary shares trade under the ticker symbol “AERT” and its public warrants (the “Public Warrants”) trade under the ticker symbol “AERTW” on the Nasdaq Stock Market. Prior to the consummation of the Business Combination, the Company’s Class A ordinary shares were traded on the Nasdaq Stock Market under the symbol “WWAC.”</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 0.3824 0.6176 15257666 0.0001 9527810 11499991 21027801 15257666 1652892 2697052 3697000 <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--ScheduleOfconsummationOfBusinessCombinationTableTextBlock_pn3n3_zlXIwUYjYDA6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Nature of Operations (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B9_zy30jwr1slS4" style="display: none">Schedule of consummation of business combination</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_497_20260331_zoMfSXRZbKZc" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_ecustom--PublicShareholdersRedeemableClassOrdinarySharesIncludingBonusShares_iI_pid_z0gFHYOEFwnf" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Public Shareholders (Redeemable Class A ordinary shares), including Bonus Shares<sup id="xdx_F49_zVHYLIw92qxb">(1)(7)</sup></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">3,157,228</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_406_ecustom--SharesHeldByWorldwideWebbAcquisitionSponsorLlcSponsorAndOtherInitialHolders_iI_pid_zKv5Yr9X2nNh" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Shares held by Worldwide Webb Acquisition Sponsor, LLC (the “Sponsor”) and other initial holders<sup id="xdx_F43_zZBZX1Jtehoe">(2)(3)</sup></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,750,000</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40E_ecustom--SharesHeldByInnovoConsultancyDmcc_iI_pid_zHRStEv3Sl3f" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Shares held by Innovo Consultancy DMCC<sup id="xdx_F48_zsumckn3tT3b">(4)</sup></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,638,530</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_407_ecustom--HaresHeldByFpaAsDefinedBelowHolders_iI_pid_zvW294r7omW5" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Shares held by FPA (as defined below) Holders<sup id="xdx_F48_zNdLpbhpKL64">(5)</sup></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">3,711,667</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_404_eus-gaap--SharesIssued_iI_pid_zFHeIIPPwtp6" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1.25pt"><b>Total<sup id="xdx_F4B_zS7vy8N0jWyl">(6)</sup></b></td> <td style="padding-bottom: 1.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>15,257,425</b></td> <td style="text-align: left; padding-bottom: 1.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%; margin-left: 0; margin-right: auto"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td id="xdx_F0E_zWSoKWbiNYNa" style="width: 0.25in; text-align: justify">(1)</td> <td id="xdx_F11_zIeX7mHrzW1l" style="text-align: justify"> Includes 87,133 Bonus Shares issued to the Company’s public shareholders and 1,024,335 “Extension Shares” issued to certain holders of Class A ordinary shares (the “Holders”) in accordance with the Non-Redemption Agreement entered into between WWAC, the Sponsor, and the Holders of Class A ordinary shares. Also includes 288,333 shares purchased by the Forward Purchase Agreement (“FPA”) holders in the open market or via redemption reversals prior to the consummation of the Business Combination.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td id="xdx_F08_zYxQwKJXfGrb" style="text-align: justify; width: 0.25in">(2)</td> <td id="xdx_F1D_zJ8RQliAvOal" style="text-align: justify"> Includes 1,500,000 Class A ordinary shares issued to the Sponsor and 1,250,000 Class A ordinary shares issued to certain anchor investors upon conversion of Class B ordinary shares concurrently with the consummation of the Business Combination. 3,000,000 Class B ordinary shares were forfeited by the Sponsor upon the consummation of the Business Combination.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F0F_zLTHWBtN2Xv3" style="text-align: justify">(3)</td> <td id="xdx_F12_z4rWhtlXOON7" style="text-align: justify"> Does not include (i) 1,500,000 Class B ordinary shares forfeited upon the consummation of the Business Combination, or (ii) 1,500,000 Class B ordinary shares forfeited pursuant to a Support Agreement with the Sponsor.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F05_zh5o1snKowT4" style="text-align: justify">(4)</td> <td id="xdx_F14_zJCtKDTp4r22" style="text-align: justify"> Includes (i) 3,000,000 Class A ordinary shares reissued against 3,000,000 Class B ordinary shares forfeited by the Sponsor upon consummation of the Business Combination as per (2) above, and (ii) 2,638,530 remaining Bonus Shares issued to Innovo.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F06_ziAUswytiQSj" style="text-align: justify">(5)</td> <td id="xdx_F1A_zDSGWEwCFF14" style="text-align: justify"> Represents a new issuance of Class A ordinary shares to the Forward Purchase Agreement holders in accordance with the Forward Purchase Agreement.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F06_zBqoId2jx3C7" style="text-align: justify">(6)</td> <td id="xdx_F1C_zr7MEvXuPCTi" style="text-align: justify"> Does not include 10,000 AARK ordinary shares and 655,788 Aeries Technology Group Business Accelerators Private Limited’s ordinary shares that represent noncontrolling interest in AARK. These shares will be exchangeable (together with the proportionate reduction in the voting power of the Class V ordinary share, and in the case of the exchange of all AARK ordinary shares, the forfeiture and cancellation of the Class V ordinary share) into shares in Aeries Technology, Inc. in connection with the Exchange Agreements, which is further discussed in Note 16.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F0F_zW4zwIYKyNEh" style="text-align: justify">(7)</td> <td id="xdx_F1E_z6MlURhG0B2k" style="text-align: justify"> Reversal of excess bonus shares issued to Cowen and Company, LLC, which was mistakenly credited with 1,209 bonus shares instead of 968. This error has now been rectified. Refer to the Consolidated Statements of Changes in Redeemable Noncontrolling Interest and Shareholders’ Equity (Deficit) for the year ended March 31, 2025.</td> </tr> </table> 3157228 2750000 5638530 3711667 15257425 <p id="xdx_809_eus-gaap--SignificantAccountingPoliciesTextBlock_zTw0Bmh70XX3" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 2 - <span id="xdx_823_zdI1r9tKR7Pe">Summary of Significant Accounting Policies</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84A_eus-gaap--BasisOfAccountingPolicyPolicyTextBlock_z9D91U1Qlue3" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_zsprLqf8gU09">Basis of Preparation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with US GAAP have been omitted in accordance with the rules and regulations of the SEC. The results for the year ended March 31, 2026 and 2025 are not necessarily indicative of the results to be expected for any future periods.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">There have been no changes in accounting policies during the year ended March 31, 2026, from those disclosed in the annual consolidated financial statements and related notes for the year ended March 31, 2025, except for those described below and also as described in “Recently Adopted Accounting Pronouncements” below.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">All intercompany balances and transactions have been eliminated in consolidation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84F_ecustom--EmergingGrowthCompanyPolicyTextBlock_zqrc0Sx0tGLh" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_867_zvsc0AX8ElVg">Emerging Growth Company</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s consolidated financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84C_ecustom--GoingConcernPolicyTextBlock_zM9U9M3THhqi" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_863_zlVyAd8i1lZa">Going Concern</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In accordance with ASC Subtopic 205-40, Presentation of Financial Statements—Going Concern (“ASC 205-40”), the Company has the responsibility to evaluate whether conditions and/or events raise substantial doubt about its ability to meet its obligations as they become due within one year after the date that the financial statements are issued.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The accompanying consolidated financial statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The going concern basis of presentation assumes that the Company will continue in operation one year after the date these financial statements are issued and will be able to realize its assets and discharge its liabilities and commitments in the normal course of business. Management’s evaluation does not initially take into consideration the potential mitigating effects of management’s plans that have not been fully implemented as of the date the financial statements are issued. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The shareholders’ equity as of March 31, 2026 has a deficit of $<span id="xdx_90F_eus-gaap--StockholdersEquity_iI_pn3n3_c20260331_z32iziKwURJ7" title="Shareholders equity deficit">(3,034)</span> and the Company had a working capital deficit of $<span id="xdx_90B_ecustom--WorkingCapitalDeficit_iI_pn3n3_c20260331_zV7mDeSP4qda" title="Working capital deficit">6,797</span>. These factors may raise a doubt regarding the Company’s ability to continue as a going concern for at least 12 months from the date when these financial statements are available to be filed with the SEC.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In performing this evaluation, the Company identified that the following conditions that raised substantial doubt about its ability to continue as a going concern:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026, the Company had a working capital deficit of $<span id="xdx_90C_ecustom--WorkingCapitalDeficit_iI_pn3n3_c20260331_zqa4hrVdzdRd" title="Working capital deficit">6,797</span>, primarily due to current liabilities related to the Forward Purchase Agreements (“FPAs”) of $<span id="xdx_900_ecustom--CurrentLiabilitiesRelatedToFpas_iI_pn3n3_c20260331_zRTww61r8rJc" title="Current liabilities related to the FPAs">4,287</span> (as defined below), short term borrowings of $<span id="xdx_903_eus-gaap--ShortTermBorrowings_iI_pn3n3_c20260331_zxqQVhZpB3w6" title="Short term borrowings">4,436</span> and remaining due to other current liabilities such as accrued compensation benefits and other accruals.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The FPAs were liquidity arrangements entered into as part of the Business Combination consummated as of November 6, 2023 (“Closing Date”). Under these liquidity arrangements, certain investors agreed not to redeem their holdings in Worldwide Webb Acquisition Corp. (“WWAC”) in exchange for the Company entering into the FPAs. As of the date of this Annual Report on Form 10-K report, the remaining balance owed to the FPA holders is $<span id="xdx_904_ecustom--SettlementOfAccountsPayableThroughCashOrInEquity_pn3n3_c20250401__20260331_zth7lVgaNds4" title="Settlement of accounts payable through cash or in equity">4,287</span>. The maturity consideration maybe settled either in cash or equity at the option of the FPA holders. Paying the maturity consideration in cash would reduce the amount of cash on hand or available debt capacity to fund our operations, which could adversely affect our ability to make necessary investments, and, therefore, could affect our results of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Sandia Investment Management LP (“Sandia”), one of the FPA holders agreed to the revised terms where the remaining liability will be settled by adjusting the proceeds from FPA share sales, either via cash or additional share issuance. Further, pursuant to Amendment No. 2 dated January 22, 2026 (Amendment No. 2”) to the Letter Agreement with Sandia dated September 16, 2025 (the “Letter Agreement”) commencing March 2026, the Company will make monthly cash payments toward the outstanding amount, subject to reductions in such outstanding amount resulting from sell-downs of shares in accordance with the terms of the Letter Agreement and Amendment No, 2. The outstanding amount will be subject to 15% per annum interest calculated monthly.</p> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">During the year ended March 31, 2026, the Company has recognized a $<span id="xdx_90B_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zs1TRibPFoYj" title="Write off of receivables">1,860</span> write off of receivables pertaining to our business. There is a risk of non-collection, leading the Company also to record an allowance for doubtful accounts of approximately $<span id="xdx_901_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iI_pn3n3_c20260331_z2ONkD1k1Mqk" title="Allowance for doubtful accounts">1,335</span> as of March 31, 2026 compared to $<span id="xdx_90C_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iI_pn3n3_c20250331_z7LdLj3RAlxf" title="Allowance for doubtful accounts">3,574</span> as of March 31, 2025.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The Company received a notice, dated April 29, 2025, of non-renewal and buyout from one of its significant customers effective September 26, 2025. This notice also serves as a buyout notice, with a buyout price determined according to the terms and conditions of the contract. The non- renewal is expected to reduce annual revenues by approximately $<span id="xdx_90B_ecustom--RevenueLoss_pn3n3_c20250401__20260331_zjUWg4nTxMMl" title="Revenue loss">4,000</span>.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has historically financed its operations and expansions primarily with cash generated from operations and the revolving credit facility from Kotak Mahindra Bank. As of March 31, 2026 the Company had a balance of $4,878 in cash and cash equivalents and has reported positive operating cash inflow of $6,772. Management expects to have sufficient cash from the operations, cash reserves and debt capacity for the next 12 months and for the foreseeable future to finance our operations, our growth, expansion plans. However, this expectation assumes that the FPA liabilities will not require immediate cash settlement. If an immediate cash settlement is required for the remaining FPA liabilities, the Company may lack the necessary financial resources to sustain operations during this period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has undertaken or completed the following actions to improve its available cash balances, liquidity, and cash generated from operations:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The non-renewal of the customer contract requires a one-time buy-out payment from the customer to us of approximately $<span id="xdx_90D_ecustom--BuyoutRevenue_pn3n3_c20250401__20260331_zOGkwlKeHcIc" title="Buy-out revenue">1,650</span>.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company and one of the FPA holders, Meteora Capital Partners LP, have settled the liability through the issuance of shares, and no further amount is owed to Meteora.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Other FPA holders have sold their shares and the liabilities towards them have been fixed and the aggregate outstanding liability under all FPAs is valued at $4,287 as of March 31, 2026. The Company is actively pursuing capital raising alternatives to pay the remaining balance due.</p> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">Targeted cost cutting measures have been instituted, focusing on non-core expenses including those related to inorganic growth strategy, such as reductions in the use of outside vendors and professional services, as well as selective headcount and salary reduction, which are designed to improve our cashflow position without impacting core business operations.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s ability to continue as a going concern is dependent upon, among other things, successfully executing its mitigation plan, which includes, (i) raising additional funds from existing or new credit facilities, (ii) raising equity or equity linked capital, (iii) restructuring current liabilities into equity or long-term obligations, (iv) further negotiating for waivers from vendors, and (v) further reducing non-core expenses with a renewed focus on organic growth in the core geography that has been historically operated in, which is North America.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is hopeful of accomplishing its objectives through these measures in the anticipated time frame and also expects that the funds available through the above-mentioned arrangements will be sufficient to alleviate the doubts about the Company’s ability to continue as a going concern. However, there is no guarantee of the success of these efforts. The consolidated financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary if the Company is unable to continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84D_eus-gaap--UseOfEstimates_z4oPP7TohdRg" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_869_ztvHpcXoaBM4">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The preparation of consolidated financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. Significant items subject to such estimates and assumptions include, but are not limited to, revenue recognition, allowance for credit losses, stock-based compensation, fair valuation of FPA put option liabilities and private warrant liabilities, useful lives of property and equipment, impairment loss, accounting for income taxes, determination of incremental borrowing rates used for operating lease liabilities and right-of-use assets, obligations related to employee benefits and carve-out of financial statements, including the allocation of assets, liabilities and expenses. Management believes that the estimates and judgments upon which it relies, are reasonable based upon information available to the Company at the time that these estimates and judgments were made. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_eus-gaap--SegmentReportingPolicyPolicyTextBlock_zLwDFO3oLiVi" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86A_zHMma7nWG7xb">Segment Reporting</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company operates as one operating segment. The Company’s chief operating decision maker is its chief executive officer, who reviews financial information presented on a consolidated basis for the purposes of making operating decisions, assessing financial performance and allocating resources.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84A_ecustom--ForwardPurchaseAgreementPolicyTextBlock_zDUN0OH4hKae" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86D_zko9SqmZThIg">Forward Purchase Agreement</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On November 3, 2023, and November 5, 2023, WWAC entered into Forward Purchase Agreements with Sandia Investment Management LP (“Sandia”), Sea Otter Trading, LLC, YA II PN, Ltd and Meteora Capital Partners, LP (collectively known as “FPA holders”) for an over-the-counter (OTC) Equity Prepaid Forward Transaction. A Subscription Agreement (the “Subscription Agreement”) was also executed alongside the FPA for subscription of the underlying FPA shares by the FPA holders either through a new issuance or purchase of shares from existing holders (“Recycled Shares”). The FPAs and Subscription Agreements have been accounted for separately as discussed subsequently.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On November 6, 2024, the Company reached an agreement with Meteora to settle the outstanding maturity consideration liability through the issuance of additional shares. As a result, the Company issued 57,811 Class A ordinary shares to Meteora in November 2024, settling its maturity consideration liability with Meteora.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On September 16, 2025, the Company entered into a Letter Agreement (the “Letter Agreement”) with Sandia with respect to the Sandia FPA.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The Letter Agreement primarily (1) provides for sales of Class A ordinary shares held by Sandia issued pursuant to the Sandia FPA (the “FPA Shares”) to offset the Company’s payment obligations to Sandia under the Sandia FPA at a sales price not lower than $1.05 per share continuing through December 31, 2025 (the “Designated Period”), (2) provides for the issuance and registration of additional Class A ordinary shares (the “Additional Shares”) to Sandia in an amount equal to (a) the result of dividing (i) the remaining liability at the end of the Designated Period by (ii)the greater of (x) the 30-day volume-weighted average price per Class A ordinary share on the Nasdaq Capital Market for the 30 trading days immediately preceding the expiration of the Designated Period or (y) $1.00 per share, minus (b) the number of remaining FPA Shares held by Sandia at the end of the Designated Period, provided that the total number of the Additional Shares issued shall not be less than 500,000 Class A ordinary shares, and (3) clarifies the Company’s payment obligations under the Forward Purchase Agreement in the case of a Change in Control (as defined in the Letter Agreement) or the delisting of the Company’s Class A ordinary shares from the Nasdaq Capital Market. On December 30, 2025, 1,355,906 Additional Shares were issued to Sandia pursuant to the Letter Agreement.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">On December 31, 2025, the Company entered into “Amendment No. 1” to the Letter Agreement extending the Designated Period to January 9, 2026.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">Further, on January 22, 2026, the Company and Sandia entered into Amendment No. 2, pursuant to which the Company agreed, commencing March 2026, to make monthly cash payments toward the outstanding amount, subject to reductions in such outstanding amount resulting from sell-downs of shares in accordance with the terms of the Letter Agreement and Amendment No. 2. The outstanding amount will be subject to 15% per annum interest calculated monthly.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The remaining FPA holders have sold their shares in the open market, reducing the amount they are owed and have requested cash for the outstanding balance.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_eus-gaap--DerivativesMethodsOfAccountingNonhedgingDerivatives_zmJHsCni704d" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_zVSb7t2yXk7g">Derivative Financial Instruments and FPA Put Option Liability</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company accounts for the Warrants (defined below) in accordance with the guidance contained in ASC 815-40 under which the Instruments (as defined below) do not meet the criteria for equity treatment and must be recorded as liabilities. The Company accounts for the FPA put option liability as a financial liability in accordance with the guidance in ASC 480-10. Warrants and FPA are collectively referred as the “Instruments”. The Instruments are subjected to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company’s consolidated statement of operations. See Note 17 for further discussion of the pertinent terms of the Warrants and Note 20 for further discussion of the methodology used to determine the value of the Warrants and FPA.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In December 2023, the Company settled vendor balances mounting to $<span id="xdx_908_ecustom--SettlementOfAccountsPayableThroughIssuanceOfSharesToVendors_pn3n3_c20231201__20231231_z5DZm9KxmAn1" title="Settlement of accounts payable through issuance of Class A ordinary shares to vendors">855</span> owed to certain vendors by issuing <span id="xdx_902_eus-gaap--SharesIssued_iI_pid_c20231231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zUpRGpPJqdY6" title="Shares issued">361,388</span> Class A ordinary shares. If the volume weighted average price (“VWAP”) of the Class A ordinary shares over the three trading days immediately preceding the agreement date is higher than the VWAP over the three trading days immediately preceding the six-month anniversary from the agreement date, additional Class A ordinary shares of ATI would need to be issued for the difference. This represents a derivative financial instrument written by the Company which has been accounted for in accordance with the guidance contained in ASC 815-40 including subsequent re-measurement at fair value with the changes being recognized in Company’s consolidated statement of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value at inception and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative liabilities are classified in the consolidated balance sheets as current or noncurrent based on whether or not net-cash settlement or conversion of the instrument could be required within 12 months of the balance sheet date.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84E_eus-gaap--FairValueMeasurementPolicyPolicyTextBlock_zI9w9JdcNV06" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_862_zt1QYpNEcpU5">Fair Value Measurements</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value should maximize the use of observable inputs and minimize the use of unobservable inputs. Assets and liabilities recorded at fair value in the consolidated financial statements are categorized based upon the level of judgment associated with the inputs used to measure their fair value.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Hierarchical levels which are directly related to the amount of subjectivity associated with the inputs to the valuation of these assets or liabilities are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Level 1 – Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities at the measurement date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Level 2 – Inputs that are observable, either directly or indirectly. Such prices may be based upon quoted prices for identical or comparable securities in active markets or inputs not quoted on active markets but corroborated by market data.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Level 3 – Unobservable inputs that are supported by little or no market activity and reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. Consideration is given to the risk inherent in the valuation technique and the risk inherent in the inputs to the model.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_848_ecustom--FairValueofFinancialInstrumentsPolicyPolicyTextBlock_z82fKbySajoc" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86F_zhuvYSDXj8ch">Fair Value of Financial Instruments</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Except for the Warrants and FPA as described above, the fair value of the Company’s assets and liabilities, which qualify as financial instruments under the Financial Accounting Standards Board (the “FASB”) ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84C_eus-gaap--CashAndCashEquivalentsPolicyTextBlock_zvfccfaRQCF5" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_z9bCHlpGUUGf">Cash and Cash Equivalents</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Cash consists of the Company’s cash and bank balances. The Company considers cash equivalents to be highly liquid investments with original maturities of three months or less.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_842_eus-gaap--ConcentrationRiskCreditRisk_zkqJPs1HPlek" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_863_zzH01ur6XkN">Concentration of Credit Risk</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Financial instruments that potentially subject the Company to credit risk consist primarily of cash and cash equivalents, accounts receivable, loans to affiliates, and investments. The Company holds cash at financial institutions that the Company believes are high credit quality financial institutions and limits the amount of credit exposure with any one bank and conducts ongoing evaluations of the creditworthiness of the banks with which it does business. As of March 31, 2026 and March 31, 2025, there were two customers that represented 10% or greater of the Company’s accounts receivable balance, each. The Company expects limited credit risk arising from its long-term investments as these primarily entail investments in the Company’s affiliates that have a credit rating that is above the minimum allowable credit rating defined in the Company’s investment policy. As a part of its risk management process, the Company limits its credit risk with respect to long-term investments by performing periodic evaluations of the credit standing of counterparties to its investments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In respect of the Company’s revenue, there were three and two customers that each accounted for more than <span id="xdx_90F_ecustom--ConcentrationRiskThresholdPercentage_pid_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--ThreeCustomerMember_zWOEQraFvk5d" title="Concentration of credit risk, percentage"><span id="xdx_90D_ecustom--ConcentrationRiskThresholdPercentage_pid_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--TwoCustomersMember_zj5FBsQqSVDl" title="Concentration of credit risk, percentage">10%</span></span> of total revenue for the year ended March 31, 2026 and 2025, respectively. The following table shows the amount of revenue derived from each customer exceeding <span id="xdx_908_ecustom--ConcentrationRiskThresholdPercentage_pid_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerMember_zRS0l8NRfSF4" title="Concentration of credit risk, percentage"><span id="xdx_90F_ecustom--ConcentrationRiskThresholdPercentage_pid_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerMember_zfWz4moorN9l" title="Concentration of credit risk, percentage">10%</span></span> of the Company’s revenue during the year ended March 31, 2026 and 2025:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--ScheduleOfCededCreditRiskByReinsurerTextBlock_pn3n3_zeCjTNPOcUe7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B6_zflWpQgrBe42" style="display: none">Schedule of concentration of credit risk</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Customer 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerOneMember_zBPrq5tEsn04" title="Concentration of credit risk, percentage">16</span></td> <td style="width: 1%; text-align: left">%</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_900_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerOneMember_zSGbjtSTtE9j" title="Concentration of credit risk, percentage">21</span></td> <td style="width: 1%; text-align: left">%</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Customer 2</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerTwoMember_zTGu4890lkBe" title="Concentration of credit risk, percentage">12</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerTwoMember_zSFaRxibGN8f" title="Concentration of credit risk, percentage">12</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Customer 3</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerThreeMember_zayApd8ffy5h" title="Concentration of credit risk, percentage">11</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">n/a</td> <td style="text-align: left"> </td> </tr> </table> <p id="xdx_8A8_zXUreSCeB7Qa" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_844_eus-gaap--ReceivablesPolicyTextBlock_zQyNwlJQkhIb" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_862_zP2nWohowXe9">Accounts receivable, net</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company records a receivable when an unconditional right to consideration exists, such that only the passage of time is required before payment of consideration is due. Timing of revenue recognition may differ from the timing of invoicing to customers. If revenue recognized on a contract exceeds the billings, then the Company records an unbilled receivable for that excess amount, which is included as part of accounts receivable, net in the Company’s consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Under ASC Topic 326, accounts receivable are recorded at the invoiced amount, net of allowance for credit losses. The Company regularly reviews the adequacy of the allowance for credit losses based on a combination of factors. In establishing any required allowance, management considers historical losses adjusted for current market conditions, the current receivables aging, current payment terms and expectations of forward-looking loss estimates. Allowance for credit losses was $<span id="xdx_90A_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_pn3n3_c20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_z31pMV6tzT0i" title="Allowance for credit losses">1,335</span> as of March 31, 2026 and $<span id="xdx_909_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_pn3n3_c20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zucEoZoY3sDk" title="Allowance for credit losses">3,574</span> as of March 31, 2025, and is classified within “Accounts Receivable, net” in the consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following tables provides details of the Company’s allowance for credit losses on accounts receivable:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89C_eus-gaap--SecuritiesBorrowedAllowanceForCreditLossTableTextBlock_pn3n3_zxcJh6qcWeGl" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zFzz3SEEwUGj" style="display: none">Schedule of allowance for credit losses</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Opening balance as of April 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_907_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zDvVBCT4DVId" title="Opening balance">3,574</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_900_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zPRTrDxyRJJd" title="Opening balance">1,263</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">(Reversals) / Additions charged to cost and expense</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--AdditionsChargedToCostAndExpense_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zC7kkSmZPzv" title="(Reversals) / Additions charged to cost and expense">(379</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--AdditionsChargedToCostAndExpense_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zGHDsa2JVny6" title="(Reversals) / Additions charged to cost and expense">11,790</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Write-off charged against the allowance</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_iN_pn3n3_di_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zwsQJEghSmrc" title="Write-off charged against the allowance">(1,860</span></td> <td style="text-align: left; padding-bottom: 1pt">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_iN_pn3n3_di_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zawx0aXIOi3i" title="Write-off charged against the allowance">(9,479</span></td> <td style="text-align: left; padding-bottom: 1pt">)</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1.25pt">Closing balance as of March 31</td> <td style="padding-bottom: 1.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_902_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zAqe0tZUn9C2" title="Closing balance as of March 31">1,335</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90D_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zyW0bwcIzNu8" title="Closing balance as of March 31">3,574</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p id="xdx_8AA_z7QnGHvJo2ta" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_842_ecustom--LongTermInvestmentsPolicyTextBlock_zLuzUCkRVqH1" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_860_z9323NUrkTZ5">Long-Term Investments</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s long-term investments consist of debt and non-marketable equity investments in privately held companies in which the Company does not have a controlling interest or significant influence, which have maturities in excess of one year and the Company does not intend to sell.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Debt investments of mandatorily redeemable preference shares, which are classified as held-to-maturity since the Company has the intent and contractual ability to hold these securities to maturity. These investments are reported at amortized cost and are subject to an ongoing impairment evaluation. Income from these investments is recorded in “Interest income” in the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Under ASC Topic 326, expected credit losses are recorded and reduced from the amortized cost of the held-to-maturity securities. Expected credit losses for long-term investments are calculated using a probability of default method. Credit losses are recorded within “Selling, general &amp; administrative expenses” in the consolidated statements of operations when an event or circumstance indicates a decline in value has occurred. Allowance for credit losses was $<span id="xdx_902_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_pn3n3_c20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zDQ8L6ucjjGi" title="Allowance for credit losses">52</span> as of March 31, 2026 and $<span id="xdx_908_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_pn3n3_c20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_ztgbdKnZ6FYi" title="Allowance for credit losses">76</span> as of March 31, 2025.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following tables provides details of the Company’s allowance for credit losses on long-term investments:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--SecuritiesBorrowedAllowancesForCreditLossTableTextBlock_pn3n3_zjiPIuGHvQF2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8B7_z6JF3AR3lYbc" style="display: none">Schedule of allowance for credit losses</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Opening balance as of April 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_902_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_za8Uxh6Svj6j" title="Opening balance">76</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_904_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zAFXlWO8cM2j" title="Opening balance">126</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in provision for credit losses</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_ecustom--AdditionsChargedToCostAndExpense_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zrKJerU2DWu3" title="Change in provision for credit losses">(24</span></td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--AdditionsChargedToCostAndExpense_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zZpU2DQEZQoa" title="Change in provision for credit losses">(50</span></td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt">Closing balance as of March 31</td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_900_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zmJ8RhANesN8" title="Closing balance">52</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_900_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zk3CCPzC4hI5" title="Closing balance">76</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p id="xdx_8AB_z0lQQATzpe9a" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company includes these long-term investments in “Long-term investments” on the consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_840_eus-gaap--RevenueRecognitionPolicyTextBlock_zPVgdlIZUsHc" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_869_zwn4y1kBijXf">Revenue Recognition</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company determines revenue recognition through the application of the following five step model in accordance with ASC 606: (1) identification of the contract, or contracts, with a customer; (2) identification of the performance obligations in a contract; (3) determination of the transaction price; (4) allocation of the transaction price to the performance obligations in the contract; and (5) recognition of revenue when, or as, performance obligations are satisfied.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Nature of Services</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company derives revenues from contracts for management consultancy services, which entail providing customized and integrated advisory and operational management services, each of which constitute a separate performance obligation. These contracts have different terms based on the scope, performance obligations and complexity of the engagement, which frequently requires the Company to make judgments and estimates in recognizing revenues.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s advisory services entail the provision of strategic consulting services at the onset and during the contractual term and are billed on a time-and materials basis. Operational management services entail provision of tailored offshoring services in respect of customers’ business operations and are billed on a cost-plus basis. Revenue on time and material arrangements is recognized based on the actual hours performed at the contracted billable rates for services provided, plus costs incurred on behalf of the customer. Revenue on cost-plus arrangements is recognized to the extent of costs incurred, plus the contractually agreed-upon margin earned. The Company’s performance obligations are satisfied over time and since contractual billings correspond with the value provided to a customer, the Company recognizes revenue in the amount of consideration for which it has the right to invoice using the as-invoiced practical expedient. If there is an uncertainty about the receipt of payment for the services, revenue is recognized to the extent that a significant reversal of revenue would not be probable. We do not have any significant extended payment terms, as payment is received shortly after services are provided.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Revenue from fixed price contracts is recognized over the period of time, using hours incurred to date relative to total hours estimated at completion to measure progress towards satisfying our performance obligations. Hours incurred to date represents work performed which corresponds with and thereby best depicts, the transfer to control to the client</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">If there is an uncertainty about the receipt of payment for the services, revenue recognition is deferred until the uncertainty is sufficiently resolved. The Company applies a practical expedient and does not assess the existence of a significant financing component if the period between transfer of the service to a customer and when the customer pays for that service is one year or less.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">All revenues earned from contracts are presented net of discounts, allowances, and applicable taxes. Reimbursements of out-of-pocket expenses received from customers have been included as part of revenues.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Unbilled Receivables</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Unbilled receivables represent balances recognized as revenue that have not been billed to the customer.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_842_ecustom--CostOfRevenuePolicyTextBlock_zcKrFtGYwhvg" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_868_z5NKTRzprR0c">Cost of Revenue</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Cost of revenue primarily consists of personnel-related costs directly associated with the Company’s professional services, including salaries, benefits, bonuses, the costs of contracted third-party partners, travel expenses, depreciation related to the Company’s infrastructure and equipment dedicated for customer use, and other overhead.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_849_eus-gaap--SellingGeneralAndAdministrativeExpensesPolicyTextBlock_zM5VPZbGSvi6" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86A_z7defgmAtD0c">Selling, General and Administrative Expenses</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Selling, general and administrative expenses include compensation for executive management, sales and marketing employees, advertising costs, finance administration and human resources, facility costs, personnel-related expenses directly associated with the Company’s IT staff, bad debt expenses, professional service fees, depreciation, and other general overhead costs to support the Company’s operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_ecustom--DeferredTransactionCostsPolicyTextBlock_z5AgFI18Jrv3" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_865_ztJkUYGn23wf">Deferred Transaction Costs</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Deferred transaction costs, which consist of direct incremental legal, consulting and accounting fees related to the Business Combination, are capitalized. The Company has recorded $<span id="xdx_90C_eus-gaap--DeferredCostsCurrentAndNoncurrent_iI_pn3n3_c20260331_z457htCt3OC6" title="Deferred transaction costs">125</span> and Nil <span id="xdx_907_eus-gaap--DeferredCostsCurrentAndNoncurrent_iI_pn3n3_c20250331_zeGzSO9dhXm1" style="display: none" title="Deferred transaction costs">0</span> deferred transaction costs on the consolidated balance sheet as of March 31, 2026 and 2025, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_842_eus-gaap--CompensationRelatedCostsPolicyTextBlock_zQ3OWV45APQa" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86C_zXfJGkDd9392">Stock-Based Compensation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In 2020, ATGBA established a controlled trust called the Aeries Employee Stock Option Trust (“ESOP Trust”). The ESOP Trust purchased shares of ATGBA from funds borrowed from the entity. The entity’s Board of Directors recommends to the ESOP Trust certain employees, officers and key management personnel, to whom the ESOP Trust will be required to grant shares from its holdings at the exercise price. Such shares granted to employees are subject to the vesting conditions of the plans described below.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company measures compensation expense for all stock-based awards based on the estimated fair value of the awards on the date of grant. Stock-based awards include stock options with service-based and/or performance-based vesting conditions. For awards that vest based on continued service, stock-based compensation is recognized on a straight-line basis over the requisite service period. For awards with performance-based vesting conditions, stock-based compensation expense is recognized using an accelerated attribution method from the time it is deemed probable that the vesting condition will be met through the time the service-based vesting condition has been achieved. The Company reassesses the probability of achieving the performance condition at each reporting date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The fair value of employee stock options are determined using the Black-Scholes Merton (“BSM”) model using various inputs, including estimates of expected volatility, term, risk-free rate, and future dividends. The Company recognizes compensation costs on a straight-line basis over the requisite service period of the employee which is generally the option vesting term. The Company accounts for forfeitures as they occur.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Fair Value of Common Stock</i> – Given the absence of a public trading market for shares of ATGBA, the Company considers numerous objective and subjective factors to determine the fair value of common stock at each meeting at which awards are approved. These factors include, but are not limited to, contemporaneous valuations of common stock performed by an independent valuation specialist; developments in the Company’s business and stage of development; the Company’s operational and financial performance and condition; current condition of capital markets and the likelihood of achieving a liquidity event, such as sale of the Company; and the lack of marketability of the Company’s common stock.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Dividend Yield – </i>The Company bases the assumed dividend yield on its expectation of not paying dividends in the foreseeable future. Consequently, the expected dividend yield used is zero.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Expected Volatility – </i>The volatility is derived from the average historical stock volatilities of a peer group of public companies that the Company considers to be comparable to its business over a period equivalent to the expected term of the share-based grants. The peer group is periodically re-evaluated to properly align to the changes and developments of the Company’s business.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Risk-free Interest Rate – </i>The risk-free interest rate assumption is based upon observed interest rates on U.S. Treasury bonds whose maturity period is appropriate for the term of the options.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Expected Term – </i>The Company calculates the expected term using the simplified method based on the options vesting term and contractual terms as the Company did not have sufficient relevant historical information to develop reasonable expectations about future exercise patterns and post-vesting employment termination behavior.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_845_eus-gaap--IncomeTaxPolicyTextBlock_zinqBHTpgsO2" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_864_znvjKGG7Kzvc">Income Taxes</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company records income taxes using the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been recognized in the Company’s consolidated financial statements or tax returns. Deferred tax assets and liabilities are measured using the tax rates that are expected to apply to taxable income for the years in which those tax assets and liabilities are expected to be realized or settled. The Company nets the deferred tax assets and deferred tax liabilities from temporary differences arising from a particular tax-paying component of the Company within the same tax jurisdiction and presents the net asset or liability as long term. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the consolidated statements of comprehensive income in the period that includes the enactment date. Valuation allowances are provided when necessary to reduce deferred tax assets to the amount expected to be realized. We have elected to account for the tax effects of the global intangible low tax Income provision as a current period expense.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company recognizes tax benefits from uncertain tax positions if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. Although the Company believes that it has adequately reserved for uncertain tax positions, the Company can provide no assurance that the final tax outcome of these matters will not be materially different. The Company makes adjustment to these reserves when facts and circumstances change, such as the closing of a tax audit or the refinement of an estimate. To the extent that the final outcome of these matters is different than the amounts recorded, such differences will affect the provision for income taxes in the period in which such determination is made and could have a material impact on our financial condition and results of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company elects to record interest accrued and penalties related to unrecognized tax benefits in the consolidated statements of operations as a component of provision for income taxes.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84E_ecustom--AccumulatedOtherComprehensiveLossPolicyTextBlock_zpnzd3xAxiX8" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_zGnkmS5RWKv">Accumulated Other Comprehensive Loss</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Accumulated other comprehensive loss consists of changes, net of taxes, in the cumulative foreign currency translation adjustments and actuarial gains and losses on defined benefit plans.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_843_eus-gaap--PropertyPlantAndEquipmentPolicyTextBlock_zKleDNGRjH92" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_862_z8NkFpvXIYA5">Property and Equipment</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Property and equipment are stated at cost less accumulated depreciation and amortization, subject to review of impairment. Expenditures for replacements and improvements are capitalized, whereas the costs of maintenance and repairs are charged to earnings as incurred. Property and equipment include assets that the Company owns and finance lease arrangements. Property and equipment are depreciated using the straight-line method over the estimated useful lives of the assets as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--ScheduleOfEstimatedUsefulLifeTableTextBlock_pn3n3_zfQ02dgxzNch" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details 3)"> <tr> <td style="text-align: left; vertical-align: top"><span id="xdx_8BC_zhj9HLREAQyd" style="display: none">Schedule of estimated useful lives</span></td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom; text-align: justify"> </td></tr> <tr> <td style="text-align: left; vertical-align: top; background-color: #CCEEFF; width: 49%">Software and computer equipment</td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: center; width: 2%"> </td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: justify; width: 49%"><span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember__srt--RangeAxis__srt--MinimumMember_zFTB0EBPsOKb" title="Property plant and equipment useful life">3</span>-<span id="xdx_90A_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember__srt--RangeAxis__srt--MaximumMember_zYGcHOaHqfB4" title="Property plant and equipment useful life">6</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top">Office equipment</td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom; text-align: justify"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_ziGVDmVZHvrf" title="Property plant and equipment useful life">5</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top; background-color: #CCEEFF">Furniture and fixtures</td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: center"> </td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: justify"><span id="xdx_909_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_zuqTqwkvTjp3" title="Property plant and equipment useful life">10</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top">Vehicle</td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom; text-align: justify"><span id="xdx_906_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember__srt--RangeAxis__srt--MinimumMember_zGaVhPpFdqh" title="Property plant and equipment useful life">8</span>-<span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember__srt--RangeAxis__srt--MaximumMember_z49dUbACk8Z1" title="Property plant and equipment useful life">10</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top; background-color: #CCEEFF">Internal-use software</td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: center"> </td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: justify"><span id="xdx_90A_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--InternalUseSoftwareMember_zDT8sQRHrmz1" title="Property plant and equipment useful life">5</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top">Leasehold improvements</td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom; text-align: justify"><span id="xdx_90A_ecustom--EstimatedUsefulLife_c20250401__20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zXy6KpcQJsbg" title="Estimated useful life">Shorter of lease term or estimated useful life</span></td> </tr> </table> <p id="xdx_8A4_zJ8X47fC88Wc" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_eus-gaap--InternalUseSoftwarePolicy_zJNudTRoY9m4" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_866_znO6wGHJVUq9">Internal Use Software Costs</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company capitalizes certain costs related to internal use software acquired, modified, or developed related to the Company’s platform. These capitalized costs are primarily related to salaries and other personnel costs. Costs incurred in the preliminary stages of development are expensed as incurred. Once the application development stage has been reached, internal and external costs, if direct and incremental, are capitalized until the software is substantially complete and ready for its intended use. Capitalization ceases upon completion of all substantial testing. Maintenance and training costs are expensed as incurred. For the years ended March 31, 2026 and 2025, the Company capitalized Nil <span id="xdx_908_eus-gaap--CapitalizedContractCostNet_iI_pn3n3_c20260331_zCJr1lHhFwpg" style="display: none" title="Capitalized cost">0</span> and $<span id="xdx_90B_eus-gaap--CapitalizedContractCostNet_iI_pn3n3_c20250331_zqebdcCrA7ed" title="Capitalized cost">684</span>, respectively, of technology development costs. The amortization expense is recorded in “Cost of revenue” and “Selling, general and administrative expenses” on the consolidated statements of operations. The Company charged impairment loss of Nil <span id="xdx_90C_ecustom--ImpairmentLongLivedAssetHeldForUseStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag_pn3n3_c20250401__20260331_z407PqyJqzd5" style="display: none" title="Impairment charges">0</span> and $<span id="xdx_90D_ecustom--ImpairmentLongLivedAssetHeldForUseStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag_pn3n3_c20240401__20250331_zt6TB5F7EOQg" title="Impairment charges">1,693</span> during the years ended March 31, 2026 and 2025 in “Selling, general and administrative expenses” on the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Software costs that are expensed are recorded in “Selling, general and administrative expenses” on the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_840_eus-gaap--ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_zCQqvfCstHZb" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86A_zdPORkD0hSH3">Impairment of Long-Lived Assets</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company periodically reviews the carrying amounts of long-lived assets, such as property and equipment, for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. The Company measures the recoverability of these assets by comparing the carrying amount of each asset to the future undiscounted cash flows we expect the asset to generate. If any of these assets are considered to be impaired, the impairment to be recognized equals the amount by which the carrying value of the asset exceeds its fair value. In addition, we periodically evaluate the estimated remaining useful lives of long-lived assets to determine whether events or changes in circumstances warrant a revision to the remaining period of depreciation or amortization. The Company charged an impairment loss of Nil <span id="xdx_909_eus-gaap--ImpairmentOfLongLivedAssetsHeldForUse_pn3n3_c20250401__20260331_zV22fsBg97Tg" style="display: none" title="Impairment of Long-Lived Assets">0</span> and $<span id="xdx_90B_eus-gaap--ImpairmentOfLongLivedAssetsHeldForUse_pn3n3_c20240401__20250331_zfXyIIJhWnFi" title="Impairment of Long-Lived Assets">1,693</span> during the years ended March 31, 2026 and 2025 in “Selling, general and administrative expenses” on the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_847_eus-gaap--LesseeLeasesPolicyTextBlock_zSNWOJQsZWQa" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_867_zbinKIwBm877">Leases</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">At the inception of a contract, the Company assesses whether the contract is, or contains, a lease. The Company’s assessment is based on whether: (1) the contract involves the use of a distinct identified asset, (2) the Company obtains the right to substantially all the economic benefit from the use of the asset throughout the term of the contract, and (3) the Company has the right to direct the use of the asset.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Leases are classified as either finance leases or operating leases. A lease is classified as a finance lease if any one of the following criteria are met: (1) the lease transfers ownership of the asset by the end of the lease term, (2) the lease contains an option to purchase the asset that is reasonably certain to be exercised, (3) the lease term is for a major part of the remaining useful life of the asset or (4) the present value of the lease payments equals or exceeds substantially all of the fair value of the asset, (5) the leased asset is so specialized that the asset will have little to no value at the end of the lease term. A lease is classified as an operating lease if it does not meet any one of the above criteria. Assets acquired under finance leases are recorded in property and equipment, net.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Lease liabilities are recognized at the present value of the fixed lease payments, reduced by landlord incentives using a discount rate based on similarly secured borrowings available to us. Lease assets are recognized based on the initial present value of the fixed lease payments, reduced by landlord incentives, plus any direct costs from executing the leases. Lease assets are tested for impairment in the same manner as long-lived assets used in operations. Leasehold improvements are capitalized at cost and amortized over the lesser of their expected useful life or the lease term.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Upon the adoption of ASC 842, the Company elected the package of practical expedients to not (i) reassess whether any expired or existing contracts are or contain a lease, (ii) reassess historical lease classifications for existing leases, and (iii) reassess initial direct costs for existing leases.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company also elected the practical expedient to account for lease and non-lease components as a single lease component. Accordingly, the Company shall include non-lease components with lease payments for the purpose of calculating lease assets and liabilities to the extent that they are fixed. Non-lease components that are not fixed are expensed as incurred as variable lease payments. The Company does not record leases on the consolidated balance sheet that have a term of 12 months or less at the lease commencement date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Costs associated with operating lease assets are recognized on a straight-line basis within “Cost of revenue” and “Selling, general and administrative” expenses over the term of the lease. Finance lease assets are amortized within operating expenses on a straight-line basis over the shorter of the estimated useful lives of the assets or the lease term. The interest component of a finance lease is included in interest expense and recognized using the effective interest method over the lease term.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84A_eus-gaap--CommitmentsAndContingenciesPolicyTextBlock_ztbg7suOfSb1" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_z18ll6zQTCL8">Commitments and Contingencies</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. The Company monitors the arrangements that are subject to guarantees in order to identify if the obligor who is responsible for making the payments fails to do so. If the Company determines it is probable that a loss has occurred, then any such estimable loss would be recognized under those guarantees. The methodology used to estimate potential loss related to guarantees considers the guarantee amount and a variety of factors, which include, depending on the counterparty, latest financial position of counterparty, actual defaults, historical defaults, and other economic conditions. Management does not believe, based upon information available at this time, that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_847_eus-gaap--ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_z2Y2ViFECaah" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_860_zk1oDFUyahHf">Foreign Currency Transactions and Translation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s consolidated financial statements are reported in U.S. dollars. The functional currency of the Company is the U.S. dollars. The functional currency for the Company’s subsidiaries organized in India, Mexico and the United States are their respective local currencies. The Company translates the assets and liabilities of its non-U.S. Dollar functional currency subsidiaries into U.S. Dollars using exchange rates in effect at the end of each period. Amounts classified in stockholder’s equity are translated at historical exchange rates. Revenues and expenses for these subsidiaries are translated using rates that approximate those in effect during the period. Gains and losses from these translations are recognized in cumulative translation adjustment included in “Accumulated other comprehensive loss” on the consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company remeasures monetary assets and liabilities that are not denominated in the functional currency at exchange rates prevailing at the date of the transaction. Monetary items denominated in foreign currency remaining unsettled at the end of the year are translated at the closing rates as of the last day of the year. Gains and losses from these remeasurements are recognized within “Other income / (expense), net” in the consolidated statements of operations and were $<span id="xdx_906_eus-gaap--OtherOperatingIncomeExpenseNet_pn3n3_c20250401__20260331_zRgFsELF7lJi" title="Other income / (expense), net">273</span> and $<span id="xdx_907_eus-gaap--OtherOperatingIncomeExpenseNet_pn3n3_c20240401__20250331_zNy2OlsjYJm4" title="Other income / (expense), net">(117)</span> for the years ending March 31, 2026 and 2025, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_847_eus-gaap--PostemploymentBenefitPlansPolicy_zqGSxIRgiFWb" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_867_z9vS6xpIfvib">Employee Benefit Plan</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Defined Contribution Plan: This comprises of contributions to the employees’ provident fund for employees in India, which is a defined contribution plan set up in accordance with local labor and tax laws and 401(k) savings and supplemental retirement plans for employees in the United States. Both the employee and the employer make monthly contributions to the plan at a predetermined rate of the employees’ basic salary. The Company’s monthly contributions to all of these plans are charged to the consolidated statement of operations in the year they are incurred and there are no further obligations under these plans beyond those monthly contributions. The obligation is recognized in other, which is included in “Other current liabilities” on the consolidated balance sheets. The Company contributed $<span id="xdx_90A_ecustom--EmployeeBenefitPlan_pn3n3_c20250401__20260331_zyleRo6QdgL9" title="Employee benefit plan">846</span> and $<span id="xdx_90C_ecustom--EmployeeBenefitPlan_pn3n3_c20240401__20250331_zfWXPdsglWw4" title="Employee benefit plan">895</span> towards both of these defined contribution plans during the fiscal years ended March 31, 2026 and 2025, respectively. This balance is recognized in either “Cost of revenue” or “Selling, general, and administrative expenses”, on an employee-by-employee basis.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Defined Benefit Plan:</i> The Company provides for a gratuity obligation through a defined benefit retirement plan (the “Gratuity Plan”) covering eligible employees in India under Payments of Gratuity Act, 1972 till 20 November 2025. On November 21, 2025, the Government of India implemented four new labour codes—the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020—which consolidate 29 existing labour laws into a unified legislative framework.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The plan provides for a lump-sum payment to vested employees at retirement, death, incapacitation, or termination of employment, of an amount equivalent to 15 days (15 days / 26 days) of salary payable to the respective employee for each completed year of service, with a maximum limit prescribed per employee.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026 and 2025, the entire gratuity plan of the Company was unfunded. The cost of providing benefits under this plan is determined based on an actuarial valuation at each year end. Actuarial valuation is carried out for gratuity using the projected unit credit method. These costs primarily represent the increase in the actuarial present value of the obligation for pension benefits based on employee service during the year and the interest on this obligation in respect of employee service in previous years. The obligation is included in “Accrued compensation and related benefits, current” while the long-term portion is included in “Other liabilities” on the consolidated balance sheets. Changes in fair value of the obligation are recorded in “Other comprehensive loss” in the consolidated statements of other comprehensive income/ (loss) and generally amortized over the average remaining service period of the active employees expected to receive benefits under the plan. According to ASC 715, changes to defined benefit plans, such as the Gratuity Plan in India, are accounted for as plan amendments, with the impact recognized in “Other comprehensive loss” at the amendment date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Compensated Absences:</i> The Company recognizes its liabilities for compensated absences dependent on whether the obligation is attributable to employee services already rendered, relates to rights that vest or accumulate and payment is probable and estimable. The obligation is included in “Accrued compensation and related benefits, current” while the long-term portion is included in “Other liabilities” on the consolidated balance sheets. In accordance with ASC 710, the impact of the new labour codes on compensated absences for employees in India in the consolidated statement of income for the year ended March 31, 2026 was not significant. The Company’s total obligation with respect to compensated absences was $<span id="xdx_905_eus-gaap--CompensatedAbsencesLiability_iI_pn3n3_c20260331_ze2D1tSZBbWb" title="Compensated absences">3,205</span> and $<span id="xdx_902_eus-gaap--CompensatedAbsencesLiability_iI_pn3n3_c20250331_z4pEJFDzavSe" title="Compensated absences">2,553</span> for the years ended March 31, 2026 and 2025, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_844_eus-gaap--EarningsPerSharePolicyTextBlock_zWg5u0ffzFF4" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_zLtA79dUglq2">Net Income / (Loss) per Share</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Basic net income / (loss) per share is computed by dividing income / (loss) available to ordinary shareholders by the weighted-average number of ordinary shares outstanding during the period. Diluted net income / (loss) per share is computed using the weighted-average number of ordinary shares and potential dilutive ordinary shares outstanding during the period. The Company has not considered the effect of the Warrants sold in its initial public offering (the “Initial Public Offering”) and private placement to purchase ordinary shares, and impact of FPA put option liability in the calculation of diluted net income / (loss) per share, since the instruments are not dilutive.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_ecustom--RecentAccountingPronouncementsNotYetAdoptedPolicyTextBlock_zxmRgNnqN4Vj" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_861_zjP0wOi0gvqb">Recent Accounting Pronouncements not yet Adopted</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In November 2024, the FASB issued ASU No. 2024-03, Disaggregation of Income Statement Expenses (Subtopic 220-40). The ASU requires the disaggregated disclosure of specific expense categories, including purchases of inventory, employee compensation, depreciation, and amortization, within relevant income statement captions. This ASU also requires disclosure of the total amount of selling expenses along with the definition of selling expenses. The ASU is effective for annual periods beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027.Adoption of this ASU can either be applied prospectively to consolidated financial statements issued for reporting periods after the effective date of this ASU or retrospectively to any or all prior periods presented in the consolidated financial statements. Early adoption is also permitted. This ASU will likely result in the required additional disclosures being included in our consolidated financial statements, once adopted. We are currently evaluating the provisions of this ASU.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In July 2025, the FASB issued ASU No. 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets. The amendments in this update provide a practical expedient permitting an entity to assume that conditions at the balance sheet date remain unchanged over the life of the asset when estimating expected credit losses for current classified accounts receivable and contract assets. This update is effective for annual periods beginning after December 15, 2025, including interim periods within those fiscal years. Adoption of this ASU can be applied prospectively for reporting periods after its effective date. Early adoption is permitted. We are currently evaluating the provisions of this ASU and do not expect this ASU to have a material impact on our consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In September 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software. The ASU simplifies the capitalization guidance by removing all references to prescriptive and sequential software development stages (referred to as “project stages”) throughout ASC 350-40. The ASU is effective for annual periods beginning after December 15, 2027, and interim periods within those fiscal years. Adoption of this ASU can be applied prospectively for reporting periods after its effective date; or follow a modified transition approach that is based on the status of the respective projects and whether software costs were capitalized before the date of adoption; or retrospectively to any or all prior periods presented in the consolidated financial statements. Early adoption is permitted. We are currently evaluating the provisions of this ASU</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In December 2025, the FASB issued ASU No. 2025-10, Government Grants (“ASC Topic 832”): Accounting for Government Grants Received by Business Entities. This ASU provides authoritative guidance on the recognition, measurement, presentation, and disclosure of government grants for business entities, creating a framework that previously did not exist under U.S. GAAP. The ASU will be effective for annual reporting periods beginning after December 15, 2028, including interim periods within those years, with early adoption permitted. The Company is currently evaluating the impact of this ASU on its consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In December 2025, the FASB issued ASU No. 2025-11, Interim Reporting (“ASC Topic 270”): Narrow-Scope Improvements. This ASU provides a comprehensive list of interim disclosures that are required by U.S. GAAP and incorporates disclosure principle of material events or changes occurred since the prior year-end. The ASU will be effective for interim reporting periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of this ASU on its consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is currently evaluating the effect of the updates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_842_ecustom--RecentlyAdoptedAccountingPronouncementsPolicyTextBlock_zRJtBbUFbfA1" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86B_zRLdUIvbec14">Recently Adopted Accounting Pronouncements</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which requires an annual tabular effective tax rate reconciliation disclosure including information for specified categories and jurisdiction levels, as well as, disclosure of income taxes paid, net of refunds received, disaggregated by federal, state/local, and significant foreign jurisdiction. This ASU is effective for fiscal years beginning after December 15, 2024, with early adoption permitted. The Company has adopted the disclosure requirements on a prospective basis, effective for the year ended March 31, 2026. Refer to Note 12 – Income Taxes to the consolidated financial statements for further details.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84A_eus-gaap--BasisOfAccountingPolicyPolicyTextBlock_z9D91U1Qlue3" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_zsprLqf8gU09">Basis of Preparation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with US GAAP have been omitted in accordance with the rules and regulations of the SEC. The results for the year ended March 31, 2026 and 2025 are not necessarily indicative of the results to be expected for any future periods.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">There have been no changes in accounting policies during the year ended March 31, 2026, from those disclosed in the annual consolidated financial statements and related notes for the year ended March 31, 2025, except for those described below and also as described in “Recently Adopted Accounting Pronouncements” below.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">All intercompany balances and transactions have been eliminated in consolidation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84F_ecustom--EmergingGrowthCompanyPolicyTextBlock_zqrc0Sx0tGLh" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_867_zvsc0AX8ElVg">Emerging Growth Company</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s consolidated financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84C_ecustom--GoingConcernPolicyTextBlock_zM9U9M3THhqi" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_863_zlVyAd8i1lZa">Going Concern</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In accordance with ASC Subtopic 205-40, Presentation of Financial Statements—Going Concern (“ASC 205-40”), the Company has the responsibility to evaluate whether conditions and/or events raise substantial doubt about its ability to meet its obligations as they become due within one year after the date that the financial statements are issued.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The accompanying consolidated financial statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The going concern basis of presentation assumes that the Company will continue in operation one year after the date these financial statements are issued and will be able to realize its assets and discharge its liabilities and commitments in the normal course of business. Management’s evaluation does not initially take into consideration the potential mitigating effects of management’s plans that have not been fully implemented as of the date the financial statements are issued. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The shareholders’ equity as of March 31, 2026 has a deficit of $<span id="xdx_90F_eus-gaap--StockholdersEquity_iI_pn3n3_c20260331_z32iziKwURJ7" title="Shareholders equity deficit">(3,034)</span> and the Company had a working capital deficit of $<span id="xdx_90B_ecustom--WorkingCapitalDeficit_iI_pn3n3_c20260331_zV7mDeSP4qda" title="Working capital deficit">6,797</span>. These factors may raise a doubt regarding the Company’s ability to continue as a going concern for at least 12 months from the date when these financial statements are available to be filed with the SEC.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In performing this evaluation, the Company identified that the following conditions that raised substantial doubt about its ability to continue as a going concern:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026, the Company had a working capital deficit of $<span id="xdx_90C_ecustom--WorkingCapitalDeficit_iI_pn3n3_c20260331_zqa4hrVdzdRd" title="Working capital deficit">6,797</span>, primarily due to current liabilities related to the Forward Purchase Agreements (“FPAs”) of $<span id="xdx_900_ecustom--CurrentLiabilitiesRelatedToFpas_iI_pn3n3_c20260331_zRTww61r8rJc" title="Current liabilities related to the FPAs">4,287</span> (as defined below), short term borrowings of $<span id="xdx_903_eus-gaap--ShortTermBorrowings_iI_pn3n3_c20260331_zxqQVhZpB3w6" title="Short term borrowings">4,436</span> and remaining due to other current liabilities such as accrued compensation benefits and other accruals.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The FPAs were liquidity arrangements entered into as part of the Business Combination consummated as of November 6, 2023 (“Closing Date”). Under these liquidity arrangements, certain investors agreed not to redeem their holdings in Worldwide Webb Acquisition Corp. (“WWAC”) in exchange for the Company entering into the FPAs. As of the date of this Annual Report on Form 10-K report, the remaining balance owed to the FPA holders is $<span id="xdx_904_ecustom--SettlementOfAccountsPayableThroughCashOrInEquity_pn3n3_c20250401__20260331_zth7lVgaNds4" title="Settlement of accounts payable through cash or in equity">4,287</span>. The maturity consideration maybe settled either in cash or equity at the option of the FPA holders. Paying the maturity consideration in cash would reduce the amount of cash on hand or available debt capacity to fund our operations, which could adversely affect our ability to make necessary investments, and, therefore, could affect our results of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Sandia Investment Management LP (“Sandia”), one of the FPA holders agreed to the revised terms where the remaining liability will be settled by adjusting the proceeds from FPA share sales, either via cash or additional share issuance. Further, pursuant to Amendment No. 2 dated January 22, 2026 (Amendment No. 2”) to the Letter Agreement with Sandia dated September 16, 2025 (the “Letter Agreement”) commencing March 2026, the Company will make monthly cash payments toward the outstanding amount, subject to reductions in such outstanding amount resulting from sell-downs of shares in accordance with the terms of the Letter Agreement and Amendment No, 2. The outstanding amount will be subject to 15% per annum interest calculated monthly.</p> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">During the year ended March 31, 2026, the Company has recognized a $<span id="xdx_90B_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zs1TRibPFoYj" title="Write off of receivables">1,860</span> write off of receivables pertaining to our business. There is a risk of non-collection, leading the Company also to record an allowance for doubtful accounts of approximately $<span id="xdx_901_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iI_pn3n3_c20260331_z2ONkD1k1Mqk" title="Allowance for doubtful accounts">1,335</span> as of March 31, 2026 compared to $<span id="xdx_90C_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iI_pn3n3_c20250331_z7LdLj3RAlxf" title="Allowance for doubtful accounts">3,574</span> as of March 31, 2025.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The Company received a notice, dated April 29, 2025, of non-renewal and buyout from one of its significant customers effective September 26, 2025. This notice also serves as a buyout notice, with a buyout price determined according to the terms and conditions of the contract. The non- renewal is expected to reduce annual revenues by approximately $<span id="xdx_90B_ecustom--RevenueLoss_pn3n3_c20250401__20260331_zjUWg4nTxMMl" title="Revenue loss">4,000</span>.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has historically financed its operations and expansions primarily with cash generated from operations and the revolving credit facility from Kotak Mahindra Bank. As of March 31, 2026 the Company had a balance of $4,878 in cash and cash equivalents and has reported positive operating cash inflow of $6,772. Management expects to have sufficient cash from the operations, cash reserves and debt capacity for the next 12 months and for the foreseeable future to finance our operations, our growth, expansion plans. However, this expectation assumes that the FPA liabilities will not require immediate cash settlement. If an immediate cash settlement is required for the remaining FPA liabilities, the Company may lack the necessary financial resources to sustain operations during this period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has undertaken or completed the following actions to improve its available cash balances, liquidity, and cash generated from operations:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The non-renewal of the customer contract requires a one-time buy-out payment from the customer to us of approximately $<span id="xdx_90D_ecustom--BuyoutRevenue_pn3n3_c20250401__20260331_zOGkwlKeHcIc" title="Buy-out revenue">1,650</span>.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company and one of the FPA holders, Meteora Capital Partners LP, have settled the liability through the issuance of shares, and no further amount is owed to Meteora.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Other FPA holders have sold their shares and the liabilities towards them have been fixed and the aggregate outstanding liability under all FPAs is valued at $4,287 as of March 31, 2026. The Company is actively pursuing capital raising alternatives to pay the remaining balance due.</p> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">Targeted cost cutting measures have been instituted, focusing on non-core expenses including those related to inorganic growth strategy, such as reductions in the use of outside vendors and professional services, as well as selective headcount and salary reduction, which are designed to improve our cashflow position without impacting core business operations.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s ability to continue as a going concern is dependent upon, among other things, successfully executing its mitigation plan, which includes, (i) raising additional funds from existing or new credit facilities, (ii) raising equity or equity linked capital, (iii) restructuring current liabilities into equity or long-term obligations, (iv) further negotiating for waivers from vendors, and (v) further reducing non-core expenses with a renewed focus on organic growth in the core geography that has been historically operated in, which is North America.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is hopeful of accomplishing its objectives through these measures in the anticipated time frame and also expects that the funds available through the above-mentioned arrangements will be sufficient to alleviate the doubts about the Company’s ability to continue as a going concern. However, there is no guarantee of the success of these efforts. The consolidated financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary if the Company is unable to continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> -3034000 6797000 6797000 4287000 4436000 4287000 1860000 1335000 3574000 4000000 1650000 <p id="xdx_84D_eus-gaap--UseOfEstimates_z4oPP7TohdRg" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_869_ztvHpcXoaBM4">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The preparation of consolidated financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. Significant items subject to such estimates and assumptions include, but are not limited to, revenue recognition, allowance for credit losses, stock-based compensation, fair valuation of FPA put option liabilities and private warrant liabilities, useful lives of property and equipment, impairment loss, accounting for income taxes, determination of incremental borrowing rates used for operating lease liabilities and right-of-use assets, obligations related to employee benefits and carve-out of financial statements, including the allocation of assets, liabilities and expenses. Management believes that the estimates and judgments upon which it relies, are reasonable based upon information available to the Company at the time that these estimates and judgments were made. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_eus-gaap--SegmentReportingPolicyPolicyTextBlock_zLwDFO3oLiVi" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86A_zHMma7nWG7xb">Segment Reporting</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company operates as one operating segment. The Company’s chief operating decision maker is its chief executive officer, who reviews financial information presented on a consolidated basis for the purposes of making operating decisions, assessing financial performance and allocating resources.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84A_ecustom--ForwardPurchaseAgreementPolicyTextBlock_zDUN0OH4hKae" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86D_zko9SqmZThIg">Forward Purchase Agreement</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On November 3, 2023, and November 5, 2023, WWAC entered into Forward Purchase Agreements with Sandia Investment Management LP (“Sandia”), Sea Otter Trading, LLC, YA II PN, Ltd and Meteora Capital Partners, LP (collectively known as “FPA holders”) for an over-the-counter (OTC) Equity Prepaid Forward Transaction. A Subscription Agreement (the “Subscription Agreement”) was also executed alongside the FPA for subscription of the underlying FPA shares by the FPA holders either through a new issuance or purchase of shares from existing holders (“Recycled Shares”). The FPAs and Subscription Agreements have been accounted for separately as discussed subsequently.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On November 6, 2024, the Company reached an agreement with Meteora to settle the outstanding maturity consideration liability through the issuance of additional shares. As a result, the Company issued 57,811 Class A ordinary shares to Meteora in November 2024, settling its maturity consideration liability with Meteora.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On September 16, 2025, the Company entered into a Letter Agreement (the “Letter Agreement”) with Sandia with respect to the Sandia FPA.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The Letter Agreement primarily (1) provides for sales of Class A ordinary shares held by Sandia issued pursuant to the Sandia FPA (the “FPA Shares”) to offset the Company’s payment obligations to Sandia under the Sandia FPA at a sales price not lower than $1.05 per share continuing through December 31, 2025 (the “Designated Period”), (2) provides for the issuance and registration of additional Class A ordinary shares (the “Additional Shares”) to Sandia in an amount equal to (a) the result of dividing (i) the remaining liability at the end of the Designated Period by (ii)the greater of (x) the 30-day volume-weighted average price per Class A ordinary share on the Nasdaq Capital Market for the 30 trading days immediately preceding the expiration of the Designated Period or (y) $1.00 per share, minus (b) the number of remaining FPA Shares held by Sandia at the end of the Designated Period, provided that the total number of the Additional Shares issued shall not be less than 500,000 Class A ordinary shares, and (3) clarifies the Company’s payment obligations under the Forward Purchase Agreement in the case of a Change in Control (as defined in the Letter Agreement) or the delisting of the Company’s Class A ordinary shares from the Nasdaq Capital Market. On December 30, 2025, 1,355,906 Additional Shares were issued to Sandia pursuant to the Letter Agreement.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">On December 31, 2025, the Company entered into “Amendment No. 1” to the Letter Agreement extending the Designated Period to January 9, 2026.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">Further, on January 22, 2026, the Company and Sandia entered into Amendment No. 2, pursuant to which the Company agreed, commencing March 2026, to make monthly cash payments toward the outstanding amount, subject to reductions in such outstanding amount resulting from sell-downs of shares in accordance with the terms of the Letter Agreement and Amendment No. 2. The outstanding amount will be subject to 15% per annum interest calculated monthly.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The remaining FPA holders have sold their shares in the open market, reducing the amount they are owed and have requested cash for the outstanding balance.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_eus-gaap--DerivativesMethodsOfAccountingNonhedgingDerivatives_zmJHsCni704d" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_zVSb7t2yXk7g">Derivative Financial Instruments and FPA Put Option Liability</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company accounts for the Warrants (defined below) in accordance with the guidance contained in ASC 815-40 under which the Instruments (as defined below) do not meet the criteria for equity treatment and must be recorded as liabilities. The Company accounts for the FPA put option liability as a financial liability in accordance with the guidance in ASC 480-10. Warrants and FPA are collectively referred as the “Instruments”. The Instruments are subjected to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company’s consolidated statement of operations. See Note 17 for further discussion of the pertinent terms of the Warrants and Note 20 for further discussion of the methodology used to determine the value of the Warrants and FPA.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In December 2023, the Company settled vendor balances mounting to $<span id="xdx_908_ecustom--SettlementOfAccountsPayableThroughIssuanceOfSharesToVendors_pn3n3_c20231201__20231231_z5DZm9KxmAn1" title="Settlement of accounts payable through issuance of Class A ordinary shares to vendors">855</span> owed to certain vendors by issuing <span id="xdx_902_eus-gaap--SharesIssued_iI_pid_c20231231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zUpRGpPJqdY6" title="Shares issued">361,388</span> Class A ordinary shares. If the volume weighted average price (“VWAP”) of the Class A ordinary shares over the three trading days immediately preceding the agreement date is higher than the VWAP over the three trading days immediately preceding the six-month anniversary from the agreement date, additional Class A ordinary shares of ATI would need to be issued for the difference. This represents a derivative financial instrument written by the Company which has been accounted for in accordance with the guidance contained in ASC 815-40 including subsequent re-measurement at fair value with the changes being recognized in Company’s consolidated statement of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value at inception and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative liabilities are classified in the consolidated balance sheets as current or noncurrent based on whether or not net-cash settlement or conversion of the instrument could be required within 12 months of the balance sheet date.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 855000 361388 <p id="xdx_84E_eus-gaap--FairValueMeasurementPolicyPolicyTextBlock_zI9w9JdcNV06" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_862_zt1QYpNEcpU5">Fair Value Measurements</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value should maximize the use of observable inputs and minimize the use of unobservable inputs. Assets and liabilities recorded at fair value in the consolidated financial statements are categorized based upon the level of judgment associated with the inputs used to measure their fair value.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Hierarchical levels which are directly related to the amount of subjectivity associated with the inputs to the valuation of these assets or liabilities are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Level 1 – Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities at the measurement date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Level 2 – Inputs that are observable, either directly or indirectly. Such prices may be based upon quoted prices for identical or comparable securities in active markets or inputs not quoted on active markets but corroborated by market data.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Level 3 – Unobservable inputs that are supported by little or no market activity and reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. Consideration is given to the risk inherent in the valuation technique and the risk inherent in the inputs to the model.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_848_ecustom--FairValueofFinancialInstrumentsPolicyPolicyTextBlock_z82fKbySajoc" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86F_zhuvYSDXj8ch">Fair Value of Financial Instruments</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Except for the Warrants and FPA as described above, the fair value of the Company’s assets and liabilities, which qualify as financial instruments under the Financial Accounting Standards Board (the “FASB”) ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84C_eus-gaap--CashAndCashEquivalentsPolicyTextBlock_zvfccfaRQCF5" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_z9bCHlpGUUGf">Cash and Cash Equivalents</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Cash consists of the Company’s cash and bank balances. The Company considers cash equivalents to be highly liquid investments with original maturities of three months or less.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_842_eus-gaap--ConcentrationRiskCreditRisk_zkqJPs1HPlek" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_863_zzH01ur6XkN">Concentration of Credit Risk</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Financial instruments that potentially subject the Company to credit risk consist primarily of cash and cash equivalents, accounts receivable, loans to affiliates, and investments. The Company holds cash at financial institutions that the Company believes are high credit quality financial institutions and limits the amount of credit exposure with any one bank and conducts ongoing evaluations of the creditworthiness of the banks with which it does business. As of March 31, 2026 and March 31, 2025, there were two customers that represented 10% or greater of the Company’s accounts receivable balance, each. The Company expects limited credit risk arising from its long-term investments as these primarily entail investments in the Company’s affiliates that have a credit rating that is above the minimum allowable credit rating defined in the Company’s investment policy. As a part of its risk management process, the Company limits its credit risk with respect to long-term investments by performing periodic evaluations of the credit standing of counterparties to its investments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In respect of the Company’s revenue, there were three and two customers that each accounted for more than <span id="xdx_90F_ecustom--ConcentrationRiskThresholdPercentage_pid_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--ThreeCustomerMember_zWOEQraFvk5d" title="Concentration of credit risk, percentage"><span id="xdx_90D_ecustom--ConcentrationRiskThresholdPercentage_pid_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--TwoCustomersMember_zj5FBsQqSVDl" title="Concentration of credit risk, percentage">10%</span></span> of total revenue for the year ended March 31, 2026 and 2025, respectively. The following table shows the amount of revenue derived from each customer exceeding <span id="xdx_908_ecustom--ConcentrationRiskThresholdPercentage_pid_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerMember_zRS0l8NRfSF4" title="Concentration of credit risk, percentage"><span id="xdx_90F_ecustom--ConcentrationRiskThresholdPercentage_pid_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerMember_zfWz4moorN9l" title="Concentration of credit risk, percentage">10%</span></span> of the Company’s revenue during the year ended March 31, 2026 and 2025:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--ScheduleOfCededCreditRiskByReinsurerTextBlock_pn3n3_zeCjTNPOcUe7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B6_zflWpQgrBe42" style="display: none">Schedule of concentration of credit risk</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Customer 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerOneMember_zBPrq5tEsn04" title="Concentration of credit risk, percentage">16</span></td> <td style="width: 1%; text-align: left">%</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_900_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerOneMember_zSGbjtSTtE9j" title="Concentration of credit risk, percentage">21</span></td> <td style="width: 1%; text-align: left">%</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Customer 2</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerTwoMember_zTGu4890lkBe" title="Concentration of credit risk, percentage">12</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerTwoMember_zSFaRxibGN8f" title="Concentration of credit risk, percentage">12</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Customer 3</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerThreeMember_zayApd8ffy5h" title="Concentration of credit risk, percentage">11</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">n/a</td> <td style="text-align: left"> </td> </tr> </table> <p id="xdx_8A8_zXUreSCeB7Qa" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 0.10 0.10 0.10 0.10 <table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--ScheduleOfCededCreditRiskByReinsurerTextBlock_pn3n3_zeCjTNPOcUe7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B6_zflWpQgrBe42" style="display: none">Schedule of concentration of credit risk</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Customer 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerOneMember_zBPrq5tEsn04" title="Concentration of credit risk, percentage">16</span></td> <td style="width: 1%; text-align: left">%</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_900_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerOneMember_zSGbjtSTtE9j" title="Concentration of credit risk, percentage">21</span></td> <td style="width: 1%; text-align: left">%</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Customer 2</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerTwoMember_zTGu4890lkBe" title="Concentration of credit risk, percentage">12</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20240401__20250331__srt--MajorCustomersAxis__custom--CustomerTwoMember_zSFaRxibGN8f" title="Concentration of credit risk, percentage">12</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Customer 3</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--ConcentrationRiskThresholdPercentage_pid_dp_c20250401__20260331__srt--MajorCustomersAxis__custom--CustomerThreeMember_zayApd8ffy5h" title="Concentration of credit risk, percentage">11</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">n/a</td> <td style="text-align: left"> </td> </tr> </table> 0.16 0.21 0.12 0.12 0.11 <p id="xdx_844_eus-gaap--ReceivablesPolicyTextBlock_zQyNwlJQkhIb" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_862_zP2nWohowXe9">Accounts receivable, net</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company records a receivable when an unconditional right to consideration exists, such that only the passage of time is required before payment of consideration is due. Timing of revenue recognition may differ from the timing of invoicing to customers. If revenue recognized on a contract exceeds the billings, then the Company records an unbilled receivable for that excess amount, which is included as part of accounts receivable, net in the Company’s consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Under ASC Topic 326, accounts receivable are recorded at the invoiced amount, net of allowance for credit losses. The Company regularly reviews the adequacy of the allowance for credit losses based on a combination of factors. In establishing any required allowance, management considers historical losses adjusted for current market conditions, the current receivables aging, current payment terms and expectations of forward-looking loss estimates. Allowance for credit losses was $<span id="xdx_90A_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_pn3n3_c20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_z31pMV6tzT0i" title="Allowance for credit losses">1,335</span> as of March 31, 2026 and $<span id="xdx_909_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_pn3n3_c20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zucEoZoY3sDk" title="Allowance for credit losses">3,574</span> as of March 31, 2025, and is classified within “Accounts Receivable, net” in the consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following tables provides details of the Company’s allowance for credit losses on accounts receivable:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89C_eus-gaap--SecuritiesBorrowedAllowanceForCreditLossTableTextBlock_pn3n3_zxcJh6qcWeGl" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zFzz3SEEwUGj" style="display: none">Schedule of allowance for credit losses</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Opening balance as of April 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_907_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zDvVBCT4DVId" title="Opening balance">3,574</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_900_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zPRTrDxyRJJd" title="Opening balance">1,263</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">(Reversals) / Additions charged to cost and expense</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--AdditionsChargedToCostAndExpense_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zC7kkSmZPzv" title="(Reversals) / Additions charged to cost and expense">(379</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--AdditionsChargedToCostAndExpense_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zGHDsa2JVny6" title="(Reversals) / Additions charged to cost and expense">11,790</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Write-off charged against the allowance</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_iN_pn3n3_di_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zwsQJEghSmrc" title="Write-off charged against the allowance">(1,860</span></td> <td style="text-align: left; padding-bottom: 1pt">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_iN_pn3n3_di_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zawx0aXIOi3i" title="Write-off charged against the allowance">(9,479</span></td> <td style="text-align: left; padding-bottom: 1pt">)</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1.25pt">Closing balance as of March 31</td> <td style="padding-bottom: 1.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_902_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zAqe0tZUn9C2" title="Closing balance as of March 31">1,335</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90D_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zyW0bwcIzNu8" title="Closing balance as of March 31">3,574</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p id="xdx_8AA_z7QnGHvJo2ta" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 1335000 3574000 <table cellpadding="0" cellspacing="0" id="xdx_89C_eus-gaap--SecuritiesBorrowedAllowanceForCreditLossTableTextBlock_pn3n3_zxcJh6qcWeGl" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zFzz3SEEwUGj" style="display: none">Schedule of allowance for credit losses</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Opening balance as of April 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_907_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zDvVBCT4DVId" title="Opening balance">3,574</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_900_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zPRTrDxyRJJd" title="Opening balance">1,263</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">(Reversals) / Additions charged to cost and expense</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--AdditionsChargedToCostAndExpense_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zC7kkSmZPzv" title="(Reversals) / Additions charged to cost and expense">(379</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--AdditionsChargedToCostAndExpense_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zGHDsa2JVny6" title="(Reversals) / Additions charged to cost and expense">11,790</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Write-off charged against the allowance</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_iN_pn3n3_di_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zwsQJEghSmrc" title="Write-off charged against the allowance">(1,860</span></td> <td style="text-align: left; padding-bottom: 1pt">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_iN_pn3n3_di_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zawx0aXIOi3i" title="Write-off charged against the allowance">(9,479</span></td> <td style="text-align: left; padding-bottom: 1pt">)</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1.25pt">Closing balance as of March 31</td> <td style="padding-bottom: 1.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_902_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zAqe0tZUn9C2" title="Closing balance as of March 31">1,335</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90D_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zyW0bwcIzNu8" title="Closing balance as of March 31">3,574</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 3574000 1263000 -379000 11790000 1860000 9479000 1335000 3574000 <p id="xdx_842_ecustom--LongTermInvestmentsPolicyTextBlock_zLuzUCkRVqH1" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_860_z9323NUrkTZ5">Long-Term Investments</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s long-term investments consist of debt and non-marketable equity investments in privately held companies in which the Company does not have a controlling interest or significant influence, which have maturities in excess of one year and the Company does not intend to sell.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Debt investments of mandatorily redeemable preference shares, which are classified as held-to-maturity since the Company has the intent and contractual ability to hold these securities to maturity. These investments are reported at amortized cost and are subject to an ongoing impairment evaluation. Income from these investments is recorded in “Interest income” in the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Under ASC Topic 326, expected credit losses are recorded and reduced from the amortized cost of the held-to-maturity securities. Expected credit losses for long-term investments are calculated using a probability of default method. Credit losses are recorded within “Selling, general &amp; administrative expenses” in the consolidated statements of operations when an event or circumstance indicates a decline in value has occurred. Allowance for credit losses was $<span id="xdx_902_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_pn3n3_c20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zDQ8L6ucjjGi" title="Allowance for credit losses">52</span> as of March 31, 2026 and $<span id="xdx_908_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_pn3n3_c20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_ztgbdKnZ6FYi" title="Allowance for credit losses">76</span> as of March 31, 2025.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following tables provides details of the Company’s allowance for credit losses on long-term investments:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--SecuritiesBorrowedAllowancesForCreditLossTableTextBlock_pn3n3_zjiPIuGHvQF2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8B7_z6JF3AR3lYbc" style="display: none">Schedule of allowance for credit losses</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Opening balance as of April 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_902_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_za8Uxh6Svj6j" title="Opening balance">76</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_904_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zAFXlWO8cM2j" title="Opening balance">126</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in provision for credit losses</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_ecustom--AdditionsChargedToCostAndExpense_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zrKJerU2DWu3" title="Change in provision for credit losses">(24</span></td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--AdditionsChargedToCostAndExpense_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zZpU2DQEZQoa" title="Change in provision for credit losses">(50</span></td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt">Closing balance as of March 31</td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_900_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zmJ8RhANesN8" title="Closing balance">52</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_900_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zk3CCPzC4hI5" title="Closing balance">76</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p id="xdx_8AB_z0lQQATzpe9a" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company includes these long-term investments in “Long-term investments” on the consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 52000 76000 <table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--SecuritiesBorrowedAllowancesForCreditLossTableTextBlock_pn3n3_zjiPIuGHvQF2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8B7_z6JF3AR3lYbc" style="display: none">Schedule of allowance for credit losses</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Opening balance as of April 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_902_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_za8Uxh6Svj6j" title="Opening balance">76</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_904_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zAFXlWO8cM2j" title="Opening balance">126</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in provision for credit losses</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_ecustom--AdditionsChargedToCostAndExpense_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zrKJerU2DWu3" title="Change in provision for credit losses">(24</span></td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--AdditionsChargedToCostAndExpense_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zZpU2DQEZQoa" title="Change in provision for credit losses">(50</span></td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt">Closing balance as of March 31</td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_900_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_pn3n3_c20250401__20260331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zmJ8RhANesN8" title="Closing balance">52</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_900_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_pn3n3_c20240401__20250331__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--LongTermInvestmentMember_zk3CCPzC4hI5" title="Closing balance">76</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 76000 126000 -24000 -50000 52000 76000 <p id="xdx_840_eus-gaap--RevenueRecognitionPolicyTextBlock_zPVgdlIZUsHc" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_869_zwn4y1kBijXf">Revenue Recognition</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company determines revenue recognition through the application of the following five step model in accordance with ASC 606: (1) identification of the contract, or contracts, with a customer; (2) identification of the performance obligations in a contract; (3) determination of the transaction price; (4) allocation of the transaction price to the performance obligations in the contract; and (5) recognition of revenue when, or as, performance obligations are satisfied.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Nature of Services</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company derives revenues from contracts for management consultancy services, which entail providing customized and integrated advisory and operational management services, each of which constitute a separate performance obligation. These contracts have different terms based on the scope, performance obligations and complexity of the engagement, which frequently requires the Company to make judgments and estimates in recognizing revenues.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s advisory services entail the provision of strategic consulting services at the onset and during the contractual term and are billed on a time-and materials basis. Operational management services entail provision of tailored offshoring services in respect of customers’ business operations and are billed on a cost-plus basis. Revenue on time and material arrangements is recognized based on the actual hours performed at the contracted billable rates for services provided, plus costs incurred on behalf of the customer. Revenue on cost-plus arrangements is recognized to the extent of costs incurred, plus the contractually agreed-upon margin earned. The Company’s performance obligations are satisfied over time and since contractual billings correspond with the value provided to a customer, the Company recognizes revenue in the amount of consideration for which it has the right to invoice using the as-invoiced practical expedient. If there is an uncertainty about the receipt of payment for the services, revenue is recognized to the extent that a significant reversal of revenue would not be probable. We do not have any significant extended payment terms, as payment is received shortly after services are provided.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Revenue from fixed price contracts is recognized over the period of time, using hours incurred to date relative to total hours estimated at completion to measure progress towards satisfying our performance obligations. Hours incurred to date represents work performed which corresponds with and thereby best depicts, the transfer to control to the client</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">If there is an uncertainty about the receipt of payment for the services, revenue recognition is deferred until the uncertainty is sufficiently resolved. The Company applies a practical expedient and does not assess the existence of a significant financing component if the period between transfer of the service to a customer and when the customer pays for that service is one year or less.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">All revenues earned from contracts are presented net of discounts, allowances, and applicable taxes. Reimbursements of out-of-pocket expenses received from customers have been included as part of revenues.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Unbilled Receivables</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Unbilled receivables represent balances recognized as revenue that have not been billed to the customer.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_842_ecustom--CostOfRevenuePolicyTextBlock_zcKrFtGYwhvg" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_868_z5NKTRzprR0c">Cost of Revenue</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Cost of revenue primarily consists of personnel-related costs directly associated with the Company’s professional services, including salaries, benefits, bonuses, the costs of contracted third-party partners, travel expenses, depreciation related to the Company’s infrastructure and equipment dedicated for customer use, and other overhead.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_849_eus-gaap--SellingGeneralAndAdministrativeExpensesPolicyTextBlock_zM5VPZbGSvi6" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86A_z7defgmAtD0c">Selling, General and Administrative Expenses</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Selling, general and administrative expenses include compensation for executive management, sales and marketing employees, advertising costs, finance administration and human resources, facility costs, personnel-related expenses directly associated with the Company’s IT staff, bad debt expenses, professional service fees, depreciation, and other general overhead costs to support the Company’s operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_ecustom--DeferredTransactionCostsPolicyTextBlock_z5AgFI18Jrv3" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_865_ztJkUYGn23wf">Deferred Transaction Costs</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Deferred transaction costs, which consist of direct incremental legal, consulting and accounting fees related to the Business Combination, are capitalized. The Company has recorded $<span id="xdx_90C_eus-gaap--DeferredCostsCurrentAndNoncurrent_iI_pn3n3_c20260331_z457htCt3OC6" title="Deferred transaction costs">125</span> and Nil <span id="xdx_907_eus-gaap--DeferredCostsCurrentAndNoncurrent_iI_pn3n3_c20250331_zeGzSO9dhXm1" style="display: none" title="Deferred transaction costs">0</span> deferred transaction costs on the consolidated balance sheet as of March 31, 2026 and 2025, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 125000 0 <p id="xdx_842_eus-gaap--CompensationRelatedCostsPolicyTextBlock_zQ3OWV45APQa" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86C_zXfJGkDd9392">Stock-Based Compensation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In 2020, ATGBA established a controlled trust called the Aeries Employee Stock Option Trust (“ESOP Trust”). The ESOP Trust purchased shares of ATGBA from funds borrowed from the entity. The entity’s Board of Directors recommends to the ESOP Trust certain employees, officers and key management personnel, to whom the ESOP Trust will be required to grant shares from its holdings at the exercise price. Such shares granted to employees are subject to the vesting conditions of the plans described below.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company measures compensation expense for all stock-based awards based on the estimated fair value of the awards on the date of grant. Stock-based awards include stock options with service-based and/or performance-based vesting conditions. For awards that vest based on continued service, stock-based compensation is recognized on a straight-line basis over the requisite service period. For awards with performance-based vesting conditions, stock-based compensation expense is recognized using an accelerated attribution method from the time it is deemed probable that the vesting condition will be met through the time the service-based vesting condition has been achieved. The Company reassesses the probability of achieving the performance condition at each reporting date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The fair value of employee stock options are determined using the Black-Scholes Merton (“BSM”) model using various inputs, including estimates of expected volatility, term, risk-free rate, and future dividends. The Company recognizes compensation costs on a straight-line basis over the requisite service period of the employee which is generally the option vesting term. The Company accounts for forfeitures as they occur.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Fair Value of Common Stock</i> – Given the absence of a public trading market for shares of ATGBA, the Company considers numerous objective and subjective factors to determine the fair value of common stock at each meeting at which awards are approved. These factors include, but are not limited to, contemporaneous valuations of common stock performed by an independent valuation specialist; developments in the Company’s business and stage of development; the Company’s operational and financial performance and condition; current condition of capital markets and the likelihood of achieving a liquidity event, such as sale of the Company; and the lack of marketability of the Company’s common stock.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Dividend Yield – </i>The Company bases the assumed dividend yield on its expectation of not paying dividends in the foreseeable future. Consequently, the expected dividend yield used is zero.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Expected Volatility – </i>The volatility is derived from the average historical stock volatilities of a peer group of public companies that the Company considers to be comparable to its business over a period equivalent to the expected term of the share-based grants. The peer group is periodically re-evaluated to properly align to the changes and developments of the Company’s business.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Risk-free Interest Rate – </i>The risk-free interest rate assumption is based upon observed interest rates on U.S. Treasury bonds whose maturity period is appropriate for the term of the options.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Expected Term – </i>The Company calculates the expected term using the simplified method based on the options vesting term and contractual terms as the Company did not have sufficient relevant historical information to develop reasonable expectations about future exercise patterns and post-vesting employment termination behavior.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_845_eus-gaap--IncomeTaxPolicyTextBlock_zinqBHTpgsO2" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_864_znvjKGG7Kzvc">Income Taxes</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company records income taxes using the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been recognized in the Company’s consolidated financial statements or tax returns. Deferred tax assets and liabilities are measured using the tax rates that are expected to apply to taxable income for the years in which those tax assets and liabilities are expected to be realized or settled. The Company nets the deferred tax assets and deferred tax liabilities from temporary differences arising from a particular tax-paying component of the Company within the same tax jurisdiction and presents the net asset or liability as long term. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the consolidated statements of comprehensive income in the period that includes the enactment date. Valuation allowances are provided when necessary to reduce deferred tax assets to the amount expected to be realized. We have elected to account for the tax effects of the global intangible low tax Income provision as a current period expense.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company recognizes tax benefits from uncertain tax positions if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. Although the Company believes that it has adequately reserved for uncertain tax positions, the Company can provide no assurance that the final tax outcome of these matters will not be materially different. The Company makes adjustment to these reserves when facts and circumstances change, such as the closing of a tax audit or the refinement of an estimate. To the extent that the final outcome of these matters is different than the amounts recorded, such differences will affect the provision for income taxes in the period in which such determination is made and could have a material impact on our financial condition and results of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company elects to record interest accrued and penalties related to unrecognized tax benefits in the consolidated statements of operations as a component of provision for income taxes.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84E_ecustom--AccumulatedOtherComprehensiveLossPolicyTextBlock_zpnzd3xAxiX8" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_zGnkmS5RWKv">Accumulated Other Comprehensive Loss</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Accumulated other comprehensive loss consists of changes, net of taxes, in the cumulative foreign currency translation adjustments and actuarial gains and losses on defined benefit plans.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_843_eus-gaap--PropertyPlantAndEquipmentPolicyTextBlock_zKleDNGRjH92" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_862_z8NkFpvXIYA5">Property and Equipment</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Property and equipment are stated at cost less accumulated depreciation and amortization, subject to review of impairment. Expenditures for replacements and improvements are capitalized, whereas the costs of maintenance and repairs are charged to earnings as incurred. Property and equipment include assets that the Company owns and finance lease arrangements. Property and equipment are depreciated using the straight-line method over the estimated useful lives of the assets as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--ScheduleOfEstimatedUsefulLifeTableTextBlock_pn3n3_zfQ02dgxzNch" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details 3)"> <tr> <td style="text-align: left; vertical-align: top"><span id="xdx_8BC_zhj9HLREAQyd" style="display: none">Schedule of estimated useful lives</span></td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom; text-align: justify"> </td></tr> <tr> <td style="text-align: left; vertical-align: top; background-color: #CCEEFF; width: 49%">Software and computer equipment</td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: center; width: 2%"> </td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: justify; width: 49%"><span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember__srt--RangeAxis__srt--MinimumMember_zFTB0EBPsOKb" title="Property plant and equipment useful life">3</span>-<span id="xdx_90A_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember__srt--RangeAxis__srt--MaximumMember_zYGcHOaHqfB4" title="Property plant and equipment useful life">6</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top">Office equipment</td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom; text-align: justify"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_ziGVDmVZHvrf" title="Property plant and equipment useful life">5</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top; background-color: #CCEEFF">Furniture and fixtures</td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: center"> </td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: justify"><span id="xdx_909_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_zuqTqwkvTjp3" title="Property plant and equipment useful life">10</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top">Vehicle</td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom; text-align: justify"><span id="xdx_906_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember__srt--RangeAxis__srt--MinimumMember_zGaVhPpFdqh" title="Property plant and equipment useful life">8</span>-<span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember__srt--RangeAxis__srt--MaximumMember_z49dUbACk8Z1" title="Property plant and equipment useful life">10</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top; background-color: #CCEEFF">Internal-use software</td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: center"> </td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: justify"><span id="xdx_90A_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--InternalUseSoftwareMember_zDT8sQRHrmz1" title="Property plant and equipment useful life">5</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top">Leasehold improvements</td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom; text-align: justify"><span id="xdx_90A_ecustom--EstimatedUsefulLife_c20250401__20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zXy6KpcQJsbg" title="Estimated useful life">Shorter of lease term or estimated useful life</span></td> </tr> </table> <p id="xdx_8A4_zJ8X47fC88Wc" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--ScheduleOfEstimatedUsefulLifeTableTextBlock_pn3n3_zfQ02dgxzNch" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details 3)"> <tr> <td style="text-align: left; vertical-align: top"><span id="xdx_8BC_zhj9HLREAQyd" style="display: none">Schedule of estimated useful lives</span></td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom; text-align: justify"> </td></tr> <tr> <td style="text-align: left; vertical-align: top; background-color: #CCEEFF; width: 49%">Software and computer equipment</td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: center; width: 2%"> </td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: justify; width: 49%"><span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember__srt--RangeAxis__srt--MinimumMember_zFTB0EBPsOKb" title="Property plant and equipment useful life">3</span>-<span id="xdx_90A_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember__srt--RangeAxis__srt--MaximumMember_zYGcHOaHqfB4" title="Property plant and equipment useful life">6</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top">Office equipment</td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom; text-align: justify"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_ziGVDmVZHvrf" title="Property plant and equipment useful life">5</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top; background-color: #CCEEFF">Furniture and fixtures</td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: center"> </td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: justify"><span id="xdx_909_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_zuqTqwkvTjp3" title="Property plant and equipment useful life">10</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top">Vehicle</td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom; text-align: justify"><span id="xdx_906_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember__srt--RangeAxis__srt--MinimumMember_zGaVhPpFdqh" title="Property plant and equipment useful life">8</span>-<span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember__srt--RangeAxis__srt--MaximumMember_z49dUbACk8Z1" title="Property plant and equipment useful life">10</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top; background-color: #CCEEFF">Internal-use software</td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: center"> </td> <td style="vertical-align: bottom; background-color: #CCEEFF; text-align: justify"><span id="xdx_90A_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--InternalUseSoftwareMember_zDT8sQRHrmz1" title="Property plant and equipment useful life">5</span> years</td> </tr> <tr> <td style="text-align: left; vertical-align: top">Leasehold improvements</td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom; text-align: justify"><span id="xdx_90A_ecustom--EstimatedUsefulLife_c20250401__20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zXy6KpcQJsbg" title="Estimated useful life">Shorter of lease term or estimated useful life</span></td> </tr> </table> P3Y P6Y P5Y P10Y P8Y P10Y P5Y Shorter of lease term or estimated useful life <p id="xdx_846_eus-gaap--InternalUseSoftwarePolicy_zJNudTRoY9m4" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_866_znO6wGHJVUq9">Internal Use Software Costs</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company capitalizes certain costs related to internal use software acquired, modified, or developed related to the Company’s platform. These capitalized costs are primarily related to salaries and other personnel costs. Costs incurred in the preliminary stages of development are expensed as incurred. Once the application development stage has been reached, internal and external costs, if direct and incremental, are capitalized until the software is substantially complete and ready for its intended use. Capitalization ceases upon completion of all substantial testing. Maintenance and training costs are expensed as incurred. For the years ended March 31, 2026 and 2025, the Company capitalized Nil <span id="xdx_908_eus-gaap--CapitalizedContractCostNet_iI_pn3n3_c20260331_zCJr1lHhFwpg" style="display: none" title="Capitalized cost">0</span> and $<span id="xdx_90B_eus-gaap--CapitalizedContractCostNet_iI_pn3n3_c20250331_zqebdcCrA7ed" title="Capitalized cost">684</span>, respectively, of technology development costs. The amortization expense is recorded in “Cost of revenue” and “Selling, general and administrative expenses” on the consolidated statements of operations. The Company charged impairment loss of Nil <span id="xdx_90C_ecustom--ImpairmentLongLivedAssetHeldForUseStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag_pn3n3_c20250401__20260331_z407PqyJqzd5" style="display: none" title="Impairment charges">0</span> and $<span id="xdx_90D_ecustom--ImpairmentLongLivedAssetHeldForUseStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag_pn3n3_c20240401__20250331_zt6TB5F7EOQg" title="Impairment charges">1,693</span> during the years ended March 31, 2026 and 2025 in “Selling, general and administrative expenses” on the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Software costs that are expensed are recorded in “Selling, general and administrative expenses” on the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 0 684000 0 1693000 <p id="xdx_840_eus-gaap--ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_zCQqvfCstHZb" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86A_zdPORkD0hSH3">Impairment of Long-Lived Assets</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company periodically reviews the carrying amounts of long-lived assets, such as property and equipment, for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. The Company measures the recoverability of these assets by comparing the carrying amount of each asset to the future undiscounted cash flows we expect the asset to generate. If any of these assets are considered to be impaired, the impairment to be recognized equals the amount by which the carrying value of the asset exceeds its fair value. In addition, we periodically evaluate the estimated remaining useful lives of long-lived assets to determine whether events or changes in circumstances warrant a revision to the remaining period of depreciation or amortization. The Company charged an impairment loss of Nil <span id="xdx_909_eus-gaap--ImpairmentOfLongLivedAssetsHeldForUse_pn3n3_c20250401__20260331_zV22fsBg97Tg" style="display: none" title="Impairment of Long-Lived Assets">0</span> and $<span id="xdx_90B_eus-gaap--ImpairmentOfLongLivedAssetsHeldForUse_pn3n3_c20240401__20250331_zfXyIIJhWnFi" title="Impairment of Long-Lived Assets">1,693</span> during the years ended March 31, 2026 and 2025 in “Selling, general and administrative expenses” on the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 0 1693000 <p id="xdx_847_eus-gaap--LesseeLeasesPolicyTextBlock_zSNWOJQsZWQa" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_867_zbinKIwBm877">Leases</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">At the inception of a contract, the Company assesses whether the contract is, or contains, a lease. The Company’s assessment is based on whether: (1) the contract involves the use of a distinct identified asset, (2) the Company obtains the right to substantially all the economic benefit from the use of the asset throughout the term of the contract, and (3) the Company has the right to direct the use of the asset.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Leases are classified as either finance leases or operating leases. A lease is classified as a finance lease if any one of the following criteria are met: (1) the lease transfers ownership of the asset by the end of the lease term, (2) the lease contains an option to purchase the asset that is reasonably certain to be exercised, (3) the lease term is for a major part of the remaining useful life of the asset or (4) the present value of the lease payments equals or exceeds substantially all of the fair value of the asset, (5) the leased asset is so specialized that the asset will have little to no value at the end of the lease term. A lease is classified as an operating lease if it does not meet any one of the above criteria. Assets acquired under finance leases are recorded in property and equipment, net.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Lease liabilities are recognized at the present value of the fixed lease payments, reduced by landlord incentives using a discount rate based on similarly secured borrowings available to us. Lease assets are recognized based on the initial present value of the fixed lease payments, reduced by landlord incentives, plus any direct costs from executing the leases. Lease assets are tested for impairment in the same manner as long-lived assets used in operations. Leasehold improvements are capitalized at cost and amortized over the lesser of their expected useful life or the lease term.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Upon the adoption of ASC 842, the Company elected the package of practical expedients to not (i) reassess whether any expired or existing contracts are or contain a lease, (ii) reassess historical lease classifications for existing leases, and (iii) reassess initial direct costs for existing leases.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company also elected the practical expedient to account for lease and non-lease components as a single lease component. Accordingly, the Company shall include non-lease components with lease payments for the purpose of calculating lease assets and liabilities to the extent that they are fixed. Non-lease components that are not fixed are expensed as incurred as variable lease payments. The Company does not record leases on the consolidated balance sheet that have a term of 12 months or less at the lease commencement date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Costs associated with operating lease assets are recognized on a straight-line basis within “Cost of revenue” and “Selling, general and administrative” expenses over the term of the lease. Finance lease assets are amortized within operating expenses on a straight-line basis over the shorter of the estimated useful lives of the assets or the lease term. The interest component of a finance lease is included in interest expense and recognized using the effective interest method over the lease term.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84A_eus-gaap--CommitmentsAndContingenciesPolicyTextBlock_ztbg7suOfSb1" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_z18ll6zQTCL8">Commitments and Contingencies</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. The Company monitors the arrangements that are subject to guarantees in order to identify if the obligor who is responsible for making the payments fails to do so. If the Company determines it is probable that a loss has occurred, then any such estimable loss would be recognized under those guarantees. The methodology used to estimate potential loss related to guarantees considers the guarantee amount and a variety of factors, which include, depending on the counterparty, latest financial position of counterparty, actual defaults, historical defaults, and other economic conditions. Management does not believe, based upon information available at this time, that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_847_eus-gaap--ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_z2Y2ViFECaah" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_860_zk1oDFUyahHf">Foreign Currency Transactions and Translation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s consolidated financial statements are reported in U.S. dollars. The functional currency of the Company is the U.S. dollars. The functional currency for the Company’s subsidiaries organized in India, Mexico and the United States are their respective local currencies. The Company translates the assets and liabilities of its non-U.S. Dollar functional currency subsidiaries into U.S. Dollars using exchange rates in effect at the end of each period. Amounts classified in stockholder’s equity are translated at historical exchange rates. Revenues and expenses for these subsidiaries are translated using rates that approximate those in effect during the period. Gains and losses from these translations are recognized in cumulative translation adjustment included in “Accumulated other comprehensive loss” on the consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company remeasures monetary assets and liabilities that are not denominated in the functional currency at exchange rates prevailing at the date of the transaction. Monetary items denominated in foreign currency remaining unsettled at the end of the year are translated at the closing rates as of the last day of the year. Gains and losses from these remeasurements are recognized within “Other income / (expense), net” in the consolidated statements of operations and were $<span id="xdx_906_eus-gaap--OtherOperatingIncomeExpenseNet_pn3n3_c20250401__20260331_zRgFsELF7lJi" title="Other income / (expense), net">273</span> and $<span id="xdx_907_eus-gaap--OtherOperatingIncomeExpenseNet_pn3n3_c20240401__20250331_zNy2OlsjYJm4" title="Other income / (expense), net">(117)</span> for the years ending March 31, 2026 and 2025, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 273000 -117000 <p id="xdx_847_eus-gaap--PostemploymentBenefitPlansPolicy_zqGSxIRgiFWb" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_867_z9vS6xpIfvib">Employee Benefit Plan</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Defined Contribution Plan: This comprises of contributions to the employees’ provident fund for employees in India, which is a defined contribution plan set up in accordance with local labor and tax laws and 401(k) savings and supplemental retirement plans for employees in the United States. Both the employee and the employer make monthly contributions to the plan at a predetermined rate of the employees’ basic salary. The Company’s monthly contributions to all of these plans are charged to the consolidated statement of operations in the year they are incurred and there are no further obligations under these plans beyond those monthly contributions. The obligation is recognized in other, which is included in “Other current liabilities” on the consolidated balance sheets. The Company contributed $<span id="xdx_90A_ecustom--EmployeeBenefitPlan_pn3n3_c20250401__20260331_zyleRo6QdgL9" title="Employee benefit plan">846</span> and $<span id="xdx_90C_ecustom--EmployeeBenefitPlan_pn3n3_c20240401__20250331_zfWXPdsglWw4" title="Employee benefit plan">895</span> towards both of these defined contribution plans during the fiscal years ended March 31, 2026 and 2025, respectively. This balance is recognized in either “Cost of revenue” or “Selling, general, and administrative expenses”, on an employee-by-employee basis.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Defined Benefit Plan:</i> The Company provides for a gratuity obligation through a defined benefit retirement plan (the “Gratuity Plan”) covering eligible employees in India under Payments of Gratuity Act, 1972 till 20 November 2025. On November 21, 2025, the Government of India implemented four new labour codes—the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020—which consolidate 29 existing labour laws into a unified legislative framework.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The plan provides for a lump-sum payment to vested employees at retirement, death, incapacitation, or termination of employment, of an amount equivalent to 15 days (15 days / 26 days) of salary payable to the respective employee for each completed year of service, with a maximum limit prescribed per employee.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026 and 2025, the entire gratuity plan of the Company was unfunded. The cost of providing benefits under this plan is determined based on an actuarial valuation at each year end. Actuarial valuation is carried out for gratuity using the projected unit credit method. These costs primarily represent the increase in the actuarial present value of the obligation for pension benefits based on employee service during the year and the interest on this obligation in respect of employee service in previous years. The obligation is included in “Accrued compensation and related benefits, current” while the long-term portion is included in “Other liabilities” on the consolidated balance sheets. Changes in fair value of the obligation are recorded in “Other comprehensive loss” in the consolidated statements of other comprehensive income/ (loss) and generally amortized over the average remaining service period of the active employees expected to receive benefits under the plan. According to ASC 715, changes to defined benefit plans, such as the Gratuity Plan in India, are accounted for as plan amendments, with the impact recognized in “Other comprehensive loss” at the amendment date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Compensated Absences:</i> The Company recognizes its liabilities for compensated absences dependent on whether the obligation is attributable to employee services already rendered, relates to rights that vest or accumulate and payment is probable and estimable. The obligation is included in “Accrued compensation and related benefits, current” while the long-term portion is included in “Other liabilities” on the consolidated balance sheets. In accordance with ASC 710, the impact of the new labour codes on compensated absences for employees in India in the consolidated statement of income for the year ended March 31, 2026 was not significant. The Company’s total obligation with respect to compensated absences was $<span id="xdx_905_eus-gaap--CompensatedAbsencesLiability_iI_pn3n3_c20260331_ze2D1tSZBbWb" title="Compensated absences">3,205</span> and $<span id="xdx_902_eus-gaap--CompensatedAbsencesLiability_iI_pn3n3_c20250331_z4pEJFDzavSe" title="Compensated absences">2,553</span> for the years ended March 31, 2026 and 2025, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 846000 895000 3205000 2553000 <p id="xdx_844_eus-gaap--EarningsPerSharePolicyTextBlock_zWg5u0ffzFF4" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_zLtA79dUglq2">Net Income / (Loss) per Share</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Basic net income / (loss) per share is computed by dividing income / (loss) available to ordinary shareholders by the weighted-average number of ordinary shares outstanding during the period. Diluted net income / (loss) per share is computed using the weighted-average number of ordinary shares and potential dilutive ordinary shares outstanding during the period. The Company has not considered the effect of the Warrants sold in its initial public offering (the “Initial Public Offering”) and private placement to purchase ordinary shares, and impact of FPA put option liability in the calculation of diluted net income / (loss) per share, since the instruments are not dilutive.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_ecustom--RecentAccountingPronouncementsNotYetAdoptedPolicyTextBlock_zxmRgNnqN4Vj" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_861_zjP0wOi0gvqb">Recent Accounting Pronouncements not yet Adopted</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In November 2024, the FASB issued ASU No. 2024-03, Disaggregation of Income Statement Expenses (Subtopic 220-40). The ASU requires the disaggregated disclosure of specific expense categories, including purchases of inventory, employee compensation, depreciation, and amortization, within relevant income statement captions. This ASU also requires disclosure of the total amount of selling expenses along with the definition of selling expenses. The ASU is effective for annual periods beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027.Adoption of this ASU can either be applied prospectively to consolidated financial statements issued for reporting periods after the effective date of this ASU or retrospectively to any or all prior periods presented in the consolidated financial statements. Early adoption is also permitted. This ASU will likely result in the required additional disclosures being included in our consolidated financial statements, once adopted. We are currently evaluating the provisions of this ASU.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In July 2025, the FASB issued ASU No. 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets. The amendments in this update provide a practical expedient permitting an entity to assume that conditions at the balance sheet date remain unchanged over the life of the asset when estimating expected credit losses for current classified accounts receivable and contract assets. This update is effective for annual periods beginning after December 15, 2025, including interim periods within those fiscal years. Adoption of this ASU can be applied prospectively for reporting periods after its effective date. Early adoption is permitted. We are currently evaluating the provisions of this ASU and do not expect this ASU to have a material impact on our consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In September 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software. The ASU simplifies the capitalization guidance by removing all references to prescriptive and sequential software development stages (referred to as “project stages”) throughout ASC 350-40. The ASU is effective for annual periods beginning after December 15, 2027, and interim periods within those fiscal years. Adoption of this ASU can be applied prospectively for reporting periods after its effective date; or follow a modified transition approach that is based on the status of the respective projects and whether software costs were capitalized before the date of adoption; or retrospectively to any or all prior periods presented in the consolidated financial statements. Early adoption is permitted. We are currently evaluating the provisions of this ASU</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In December 2025, the FASB issued ASU No. 2025-10, Government Grants (“ASC Topic 832”): Accounting for Government Grants Received by Business Entities. This ASU provides authoritative guidance on the recognition, measurement, presentation, and disclosure of government grants for business entities, creating a framework that previously did not exist under U.S. GAAP. The ASU will be effective for annual reporting periods beginning after December 15, 2028, including interim periods within those years, with early adoption permitted. The Company is currently evaluating the impact of this ASU on its consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In December 2025, the FASB issued ASU No. 2025-11, Interim Reporting (“ASC Topic 270”): Narrow-Scope Improvements. This ASU provides a comprehensive list of interim disclosures that are required by U.S. GAAP and incorporates disclosure principle of material events or changes occurred since the prior year-end. The ASU will be effective for interim reporting periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of this ASU on its consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is currently evaluating the effect of the updates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_842_ecustom--RecentlyAdoptedAccountingPronouncementsPolicyTextBlock_zRJtBbUFbfA1" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86B_zRLdUIvbec14">Recently Adopted Accounting Pronouncements</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which requires an annual tabular effective tax rate reconciliation disclosure including information for specified categories and jurisdiction levels, as well as, disclosure of income taxes paid, net of refunds received, disaggregated by federal, state/local, and significant foreign jurisdiction. This ASU is effective for fiscal years beginning after December 15, 2024, with early adoption permitted. The Company has adopted the disclosure requirements on a prospective basis, effective for the year ended March 31, 2026. Refer to Note 12 – Income Taxes to the consolidated financial statements for further details.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_805_ecustom--PrepaidsAndOtherCurrentAssetsTextBlock_zLQwnxlSud4b" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 3 - <span id="xdx_82F_zN82BpIeVFjd">Prepaids Expenses and Other Current Assets</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Prepaids and other current assets consists of the following:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--ScheduleOfPrepaidsAndOtherCurrentAssetsTableTextBlock_pn3n3_zYx18mqazNgi" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Prepaids Expenses and Other Current Assets (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BA_zAYglOKI0pOl" style="display: none">Schedule of prepaid and other current assets</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_495_20260331_zEDc3Rp6rdC9" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_496_20250331_zQLhWiQSULm2" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_405_ecustom--AdvanceNonincomeTaxes_iI_pn3n3_maPEAOAzpjG_z1qvQgEzrtta" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Advance non-income taxes<sup id="xdx_F41_ztyaMDeF89Mi">[1]</sup></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">2,904</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">3,680</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_40E_eus-gaap--PrepaidExpenseCurrent_iI_pn3n3_maPEAOAzpjG_zJiDVz79Hwfc" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Prepaid expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">866</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,196</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40D_ecustom--AdvanceToVendors_iI_pn3n3_maPEAOAzpjG_z29maEtzYIpc" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Advance to vendors</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">390</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">838</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40B_eus-gaap--SecurityDeposit_iI_pn3n3_maPEAOAzpjG_z8jW4FRbB6S7" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Security deposits</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">357</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">114</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_401_eus-gaap--OtherPrepaidExpenseCurrent_iI_pn3n3_maPEAOAzpjG_zZcX1nJqa0Dg" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Other</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">1,653</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">1,753</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_406_eus-gaap--PrepaidExpenseAndOtherAssetsCurrent_iTI_pn3n3_mtPEAOAzpjG_z3ExjiwzMmy4" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="color: White; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt">Prepaid Expense and Other Assets</td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>6,170</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>7,581</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%; margin-left: 0; margin-right: auto"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><sup id="xdx_F04_zODK3WSINFX8">[1]</sup></td> <td id="xdx_F1E_z1Hgt2LEMlsg" style="text-align: justify"> Advance non-income taxes consist of tax credits owed to the Company that were levied by taxing authorities.</td> </tr> </table> <p id="xdx_8A7_zxpeXQYmrAed" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--ScheduleOfPrepaidsAndOtherCurrentAssetsTableTextBlock_pn3n3_zYx18mqazNgi" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Prepaids Expenses and Other Current Assets (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BA_zAYglOKI0pOl" style="display: none">Schedule of prepaid and other current assets</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_495_20260331_zEDc3Rp6rdC9" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_496_20250331_zQLhWiQSULm2" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_405_ecustom--AdvanceNonincomeTaxes_iI_pn3n3_maPEAOAzpjG_z1qvQgEzrtta" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Advance non-income taxes<sup id="xdx_F41_ztyaMDeF89Mi">[1]</sup></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">2,904</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">3,680</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_40E_eus-gaap--PrepaidExpenseCurrent_iI_pn3n3_maPEAOAzpjG_zJiDVz79Hwfc" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Prepaid expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">866</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,196</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40D_ecustom--AdvanceToVendors_iI_pn3n3_maPEAOAzpjG_z29maEtzYIpc" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Advance to vendors</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">390</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">838</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40B_eus-gaap--SecurityDeposit_iI_pn3n3_maPEAOAzpjG_z8jW4FRbB6S7" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Security deposits</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">357</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">114</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_401_eus-gaap--OtherPrepaidExpenseCurrent_iI_pn3n3_maPEAOAzpjG_zZcX1nJqa0Dg" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Other</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">1,653</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">1,753</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_406_eus-gaap--PrepaidExpenseAndOtherAssetsCurrent_iTI_pn3n3_mtPEAOAzpjG_z3ExjiwzMmy4" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="color: White; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt">Prepaid Expense and Other Assets</td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>6,170</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>7,581</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%; margin-left: 0; margin-right: auto"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><sup id="xdx_F04_zODK3WSINFX8">[1]</sup></td> <td id="xdx_F1E_z1Hgt2LEMlsg" style="text-align: justify"> Advance non-income taxes consist of tax credits owed to the Company that were levied by taxing authorities.</td> </tr> </table> 2904000 3680000 866000 1196000 390000 838000 357000 114000 1653000 1753000 6170000 7581000 <p id="xdx_803_eus-gaap--PropertyPlantAndEquipmentDisclosureTextBlock_zO5D3vprj0Dj" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 4 - <span id="xdx_82F_zsV3gwCi8jii">Property and Equipment, net</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Property and equipment, net, consists of the following:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_893_eus-gaap--PropertyPlantAndEquipmentTextBlock_pn3n3_zbFI0kddskg6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Property and Equipment, net (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B9_zAM9D4ORc3e7" style="display: none">Schedule of property and equipment</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Software and computer equipment^[1][2]</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_900_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_fWzFdIFsyXQ_____zxBc48rKUWL5" title="Property and equipment, gross">4,577</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_fWzFdIFsyXQ_____zIiWi8FxzlH1" title="Property and equipment, gross">3,972</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Leasehold improvements^[1]</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_fWzFd_z6Jth10dGB1g" title="Property and equipment, gross">891</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_fWzFd_zl7Lk3JjEkV6" title="Property and equipment, gross">944</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Office equipment^[1]</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_fWzFd_zS4Bqp2eAqD4" title="Property and equipment, gross">407</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_fWzFd_z4DoLpm8G8H3" title="Property and equipment, gross">432</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Internal-use software under development^[2]</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--InternalUseSoftwareUnderDevelopmentMember_fWzJd_zesWUR8myoLl" title="Property and equipment, gross"><span style="-sec-ix-hidden: xdx2ixbrl1184">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--InternalUseSoftwareUnderDevelopmentMember_fWzJd_zL5kN6HJy2Gc" title="Property and equipment, gross"><span style="-sec-ix-hidden: xdx2ixbrl1186">-</span></span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Furniture and fixtures^[1]</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_fWzFd_zoUnVIQ34ulb" title="Property and equipment, gross">166</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_fWzFd_zOcLt63A7043" title="Property and equipment, gross">165</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Vehicles</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_zYtzimEu6G91" title="Property and equipment, gross">293</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_zmDzE4EQvI1i" title="Property and equipment, gross">324</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><b>Property and equipment, gross</b></td> <td> </td> <td style="text-align: left"><b>$</b></td> <td style="text-align: right"><b><span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331_zI4ldcUrLh1l" title="Property and equipment, gross">6,334</span></b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"><b>$</b></td> <td style="text-align: right"><b><span id="xdx_90B_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331_zLJnmVhhP88e" title="Property and equipment, gross">5,837</span></b></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.375in; text-indent: -0.125in; padding-bottom: 1pt">Accumulated depreciation and amortization^[1]</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_pn3n3_di_c20260331_fWzFd_ztvS644FvyXa" title="Accumulated depreciation and amortization">(4,584</span></td> <td style="text-align: left; padding-bottom: 1pt">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_pn3n3_di_c20250331_fWzFd_zhK06QbuVLX7" title="Accumulated depreciation and amortization">(4,266</span></td> <td style="text-align: left; padding-bottom: 1pt">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Property and equipment, net</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_900_eus-gaap--PropertyPlantAndEquipmentNet_iI_pn3n3_c20260331_zHtiTQvxigh5" title="Property and equipment, net">1,750</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_907_eus-gaap--PropertyPlantAndEquipmentNet_iI_pn3n3_c20250331_zS8U3pgWcb7a" title="Property and equipment, net">1,571</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%; margin-left: 0; margin-right: auto"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: justify; vertical-align: super"><sup id="xdx_F0F_z9UKxC45vZc7">[1]</sup></td> <td id="xdx_F1A_z8cCLAm5UtV5" style="text-align: justify"> Property and equipment held under finance lease arrangements amounted to $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_903_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_zFQlxhTXi5w1" title="Property and equipment, gross">134</span> and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_90E_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_zhGGI2LbAUX6" title="Property and equipment, gross">247</span> as of March 31, 2026 and 2025, respectively. Accumulated depreciation for property and equipment held under finance lease arrangements was $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_90F_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_zw6eAe3y2eSe" title="Accumulated depreciation and amortization">1,656</span> and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_90D_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_zkEw8SKAB4f4" title="Accumulated depreciation and amortization">1,632</span> as of March 31, 2026 and March 31, 2025, respectively. Depreciation expense in respect to these assets was $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_907_eus-gaap--Depreciation_pn3n3_c20250401__20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_z9iCqKz5fJJ1" title="Depreciation expense">192</span> and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_90C_eus-gaap--Depreciation_pn3n3_c20240401__20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_znapwAPxuc89" title="Depreciation expense">303</span> for the years ended March 31, 2026 and 2025, respectively.</td> </tr> <tr style="vertical-align: top"> <td></td> <td style="text-align: left; vertical-align: top"><sup id="xdx_F06_ziIMfty3D0jb">[2]</sup></td> <td id="xdx_F1E_z3J6Ee2dQjQf" style="text-align: justify"> Due to decline in customer marketability and future economic benefits of Software and computer equipment and Internal-use software under development, the Company assessed the recoverability of the asset group during the year ended March 31, 2025. Hence, the Company fully impaired the related asset group in the year ended March 31, 2025. Impairment charge of Nil <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_909_eus-gaap--ImpairmentOfInvestments_pn3n3_c20250401__20260331_ztScuqOo4gZ9" style="display: none" title="Impairment charge">0</span> and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_908_eus-gaap--ImpairmentOfInvestments_pn3n3_c20240401__20250331_z9phkF2etTvh" title="Impairment charge">1,693</span> has been included in Selling, General and Administrative Expenses for the year ended March 31, 2026 and March 31, 2025 respectively.</td> </tr> </table> <p id="xdx_8A0_zha6Vnumzdj" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">During the year ended March 31, 2026 and 2025, the Company acquired Property and equipment of $<span id="xdx_904_eus-gaap--PaymentsToAcquirePropertyPlantAndEquipment_pn3n3_c20250401__20260331_zNh7BmZaDryh" title="Acquisition of property and equipment">1,113</span> and $<span id="xdx_90F_eus-gaap--PaymentsToAcquirePropertyPlantAndEquipment_pn3n3_c20240401__20250331_zIsC38zRCst" title="Acquisition of property and equipment">1,484</span> respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">During the year ended March 31, 2026 and 2025, the Company sold property and equipment for the sale proceeds of $<span id="xdx_909_eus-gaap--ProceedsFromSaleOfPropertyPlantAndEquipment_pn3n3_c20250401__20260331_z0OxXJL3A5Zf" title="Proceeds from sale of property and equipment">87</span> and $<span id="xdx_90A_eus-gaap--ProceedsFromSaleOfPropertyPlantAndEquipment_pn3n3_c20240401__20250331_zODIG2TK1VRb" title="Proceeds from sale of property and equipment">217</span>, respectively. As a result of the sale, the Company recorded a (gain)/ loss of $<span id="xdx_903_eus-gaap--GainLossOnSaleOfPropertyPlantEquipment_iN_pn3n3_di_c20250401__20260331_zzKfs6vVNTT7" title="(Gain)/Loss on sale of property and equipment">(18)</span> and $<span id="xdx_907_eus-gaap--GainLossOnSaleOfPropertyPlantEquipment_iN_pn3n3_di_c20240401__20250331_zFB6B0HjFJg5" title="(Gain)/Loss on sale of property and equipment">90</span> in the year ended March 31, 2026 and 2025, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">For the year ended March 31, 2026, and 2025 depreciation and amortization expense was $<span id="xdx_904_eus-gaap--DepreciationAndAmortization_pn3n3_c20250401__20260331_zZCOYg1ZGUY4" title="Depreciation and amortization expense">837</span> and $<span id="xdx_902_eus-gaap--DepreciationAndAmortization_pn3n3_c20240401__20250331_zhfUN0rg3IJ3" title="Depreciation and amortization expense">1,384</span>, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_893_eus-gaap--PropertyPlantAndEquipmentTextBlock_pn3n3_zbFI0kddskg6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Property and Equipment, net (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B9_zAM9D4ORc3e7" style="display: none">Schedule of property and equipment</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Software and computer equipment^[1][2]</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_900_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_fWzFdIFsyXQ_____zxBc48rKUWL5" title="Property and equipment, gross">4,577</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_fWzFdIFsyXQ_____zIiWi8FxzlH1" title="Property and equipment, gross">3,972</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Leasehold improvements^[1]</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_fWzFd_z6Jth10dGB1g" title="Property and equipment, gross">891</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_fWzFd_zl7Lk3JjEkV6" title="Property and equipment, gross">944</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Office equipment^[1]</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_fWzFd_zS4Bqp2eAqD4" title="Property and equipment, gross">407</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_fWzFd_z4DoLpm8G8H3" title="Property and equipment, gross">432</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Internal-use software under development^[2]</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--InternalUseSoftwareUnderDevelopmentMember_fWzJd_zesWUR8myoLl" title="Property and equipment, gross"><span style="-sec-ix-hidden: xdx2ixbrl1184">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--InternalUseSoftwareUnderDevelopmentMember_fWzJd_zL5kN6HJy2Gc" title="Property and equipment, gross"><span style="-sec-ix-hidden: xdx2ixbrl1186">-</span></span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Furniture and fixtures^[1]</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_fWzFd_zoUnVIQ34ulb" title="Property and equipment, gross">166</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_fWzFd_zOcLt63A7043" title="Property and equipment, gross">165</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Vehicles</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_zYtzimEu6G91" title="Property and equipment, gross">293</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_zmDzE4EQvI1i" title="Property and equipment, gross">324</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><b>Property and equipment, gross</b></td> <td> </td> <td style="text-align: left"><b>$</b></td> <td style="text-align: right"><b><span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331_zI4ldcUrLh1l" title="Property and equipment, gross">6,334</span></b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"><b>$</b></td> <td style="text-align: right"><b><span id="xdx_90B_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331_zLJnmVhhP88e" title="Property and equipment, gross">5,837</span></b></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.375in; text-indent: -0.125in; padding-bottom: 1pt">Accumulated depreciation and amortization^[1]</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_pn3n3_di_c20260331_fWzFd_ztvS644FvyXa" title="Accumulated depreciation and amortization">(4,584</span></td> <td style="text-align: left; padding-bottom: 1pt">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_pn3n3_di_c20250331_fWzFd_zhK06QbuVLX7" title="Accumulated depreciation and amortization">(4,266</span></td> <td style="text-align: left; padding-bottom: 1pt">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Property and equipment, net</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_900_eus-gaap--PropertyPlantAndEquipmentNet_iI_pn3n3_c20260331_zHtiTQvxigh5" title="Property and equipment, net">1,750</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_907_eus-gaap--PropertyPlantAndEquipmentNet_iI_pn3n3_c20250331_zS8U3pgWcb7a" title="Property and equipment, net">1,571</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%; margin-left: 0; margin-right: auto"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: justify; vertical-align: super"><sup id="xdx_F0F_z9UKxC45vZc7">[1]</sup></td> <td id="xdx_F1A_z8cCLAm5UtV5" style="text-align: justify"> Property and equipment held under finance lease arrangements amounted to $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_903_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_zFQlxhTXi5w1" title="Property and equipment, gross">134</span> and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_90E_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_zhGGI2LbAUX6" title="Property and equipment, gross">247</span> as of March 31, 2026 and 2025, respectively. Accumulated depreciation for property and equipment held under finance lease arrangements was $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_90F_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_zw6eAe3y2eSe" title="Accumulated depreciation and amortization">1,656</span> and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_90D_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_zkEw8SKAB4f4" title="Accumulated depreciation and amortization">1,632</span> as of March 31, 2026 and March 31, 2025, respectively. Depreciation expense in respect to these assets was $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_907_eus-gaap--Depreciation_pn3n3_c20250401__20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_z9iCqKz5fJJ1" title="Depreciation expense">192</span> and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_90C_eus-gaap--Depreciation_pn3n3_c20240401__20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_znapwAPxuc89" title="Depreciation expense">303</span> for the years ended March 31, 2026 and 2025, respectively.</td> </tr> <tr style="vertical-align: top"> <td></td> <td style="text-align: left; vertical-align: top"><sup id="xdx_F06_ziIMfty3D0jb">[2]</sup></td> <td id="xdx_F1E_z3J6Ee2dQjQf" style="text-align: justify"> Due to decline in customer marketability and future economic benefits of Software and computer equipment and Internal-use software under development, the Company assessed the recoverability of the asset group during the year ended March 31, 2025. Hence, the Company fully impaired the related asset group in the year ended March 31, 2025. Impairment charge of Nil <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_909_eus-gaap--ImpairmentOfInvestments_pn3n3_c20250401__20260331_ztScuqOo4gZ9" style="display: none" title="Impairment charge">0</span> and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFByb3BlcnR5IGFuZCBFcXVpcG1lbnQsIG5ldCAoRGV0YWlscyBOYXJyYXRpdmUpAA__" id="xdx_908_eus-gaap--ImpairmentOfInvestments_pn3n3_c20240401__20250331_z9phkF2etTvh" title="Impairment charge">1,693</span> has been included in Selling, General and Administrative Expenses for the year ended March 31, 2026 and March 31, 2025 respectively.</td> </tr> </table> 4577000 3972000 891000 944000 407000 432000 166000 165000 293000 324000 6334000 5837000 4584000 4266000 1750000 1571000 134000 247000 1656000 1632000 192000 303000 0 1693000 1113000 1484000 87000 217000 18000 -90000 837000 1384000 <p id="xdx_80E_ecustom--LongTermInvestmentsTextBlock_zLmq3nFJA1tg" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 5 - <span id="xdx_82B_zSo374XOxkDj">Long-Term Investments</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Common Stock</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company holds <span id="xdx_905_ecustom--StockHeld_iI_pid_c20260331__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember__srt--CounterpartyNameAxis__custom--BostonSystemsPrivateLimitedMember_zlrDGCMNSAdl">6,927</span> shares of common stock of Boston Systems Private Limited (previously known as Empays Payment Systems India Private Ltd). The Company has fully impaired this investment and recorded an impairment charge of $<span id="xdx_905_eus-gaap--AssetImpairmentCharges_pn3n3_c20250401__20260331__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zVMlUBj5Dnne">7</span>. As of March 31, 2026 and 2025, the investment is fully impaired and the carrying value of this investment was Nil <span id="xdx_909_eus-gaap--Investments_iI_c20260331__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zSMpTIQzmQR5" title="Investments"><span id="xdx_90A_eus-gaap--Investments_iI_c20250331__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zOQ0eVLyeE39" style="display: none" title="Investments">0</span></span>.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>10% Cumulative Redeemable Preference Securities</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company holds <span id="xdx_90E_ecustom--StockHeld_iI_pid_c20260331__us-gaap--StatementEquityComponentsAxis__custom--CumulativeRedeemablePreferenceSecuritiesMember__srt--CounterpartyNameAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLtdMember_zSdH83JrO33j" title="Stock held">4,500,000</span> cumulative redeemable preference securities (“CRPS”) of a common control affiliate, Aeries Technology Products and Strategies Private Ltd. The CRPS carry a cumulative dividend of 10% per annum. 3,500,000 CRPS can be redeemed any time before 19 years from the date of issue i.e. June 27, 2017 by giving a 30-day redemption request and 1,000,000 CRPS can be redeemed any time before 20 years from the date of issue i.e. April 7, 2016 by giving a 30-day redemption request. As of March 31, 2026 and 2025, these CRPS held by the Company were classified as a held-to-maturity investment and recorded at amortized cost of $<span id="xdx_902_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pn3n3_c20260331__us-gaap--StatementEquityComponentsAxis__custom--CumulativeRedeemablePreferenceSecuritiesMember_zhPFXWLmGlp1" title="Held-to-maturity investments, amortized cost basis">786</span> and $<span id="xdx_90C_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pn3n3_c20250331__us-gaap--StatementEquityComponentsAxis__custom--CumulativeRedeemablePreferenceSecuritiesMember_zYOv872BhLb8" title="Held-to-maturity investments, amortized cost basis">822</span>, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>0.001% Series-A Redeemable Preference Securities</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company holds <span id="xdx_90F_ecustom--StockHeld_iI_pid_c20260331__us-gaap--StatementEquityComponentsAxis__custom--SeriesARedeemablePreferenceSecuritiesMember__srt--CounterpartyNameAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_zmSLLSymThTa" title="Stock held">349,173</span> Series-A cumulative redeemable preference securities (Series-A RPS) of a common control affiliate, Aeries Financial Technologies Private Ltd. and was recorded as a held-to-maturity investment at amortized cost. The Series-A RPS carries a dividend of 0.001 % per annum. Series-A RPS can be redeemed one day before the expiry of 20 years from the date of the allotment of the Series-A RPS with an annualized internal rate of return of 18%. As of March 31, 2026 and 2025, these Series-A RPS held by the Company were classified as a held-to-maturity investment and recorded at amortized cost of $<span id="xdx_907_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pn3n3_c20260331__us-gaap--StatementEquityComponentsAxis__custom--SeriesARedeemablePreferenceSecuritiesMember_zJYvK9AFjgPg" title="Held-to-maturity investments, amortized cost basis">1,110</span> and $<span id="xdx_90D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pn3n3_c20250331__us-gaap--StatementEquityComponentsAxis__custom--SeriesARedeemablePreferenceSecuritiesMember_zkYk5SOIERy7" title="Held-to-maturity investments, amortized cost basis">1,008</span>, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">A reconciliation from amortized cost basis to net carrying amount is provided below for the Company’s held-to-maturity investments:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_887_eus-gaap--InvestmentTableTextBlock_pn3n3_zsDFnMXm9oEf" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Long-Term Investments (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8BC_zQW2WwdJTaEd" style="display: none">Schedule of long-term investments</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td id="xdx_495_20260331_zqYy1yOt5wE7" style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td id="xdx_498_20250331_zPEkfu7XWKg7" style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40A_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pn3n3_zliWarFAkBMk" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Held-to-maturity investments, amortized cost basis (net off expected credit losses)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">777</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">840</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_408_eus-gaap--AccruedInvestmentIncomeReceivable_iI_pn3n3_z6y9EGLjEqK" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Interest earned on investments</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">1,119</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">990</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_409_ecustom--HeldtomaturityInvestmentsNetCarryingAmount_iI_pn3n3_zSS1NrdKw4P3" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Held-to-maturity investments, net carrying amount</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>1,896</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>1,830</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 6927 7000 0 0 4500000 786000 822000 349173 1110000 1008000 <table cellpadding="0" cellspacing="0" id="xdx_887_eus-gaap--InvestmentTableTextBlock_pn3n3_zsDFnMXm9oEf" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Long-Term Investments (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8BC_zQW2WwdJTaEd" style="display: none">Schedule of long-term investments</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td id="xdx_495_20260331_zqYy1yOt5wE7" style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td id="xdx_498_20250331_zPEkfu7XWKg7" style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40A_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pn3n3_zliWarFAkBMk" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Held-to-maturity investments, amortized cost basis (net off expected credit losses)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">777</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">840</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_408_eus-gaap--AccruedInvestmentIncomeReceivable_iI_pn3n3_z6y9EGLjEqK" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Interest earned on investments</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">1,119</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">990</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_409_ecustom--HeldtomaturityInvestmentsNetCarryingAmount_iI_pn3n3_zSS1NrdKw4P3" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Held-to-maturity investments, net carrying amount</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>1,896</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>1,830</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 777000 840000 1119000 990000 1896000 1830000 <p id="xdx_80A_ecustom--ShortTermBorrowingsDisclosureTextBlock_zjpLdxOdW3Y2" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 6 - <span id="xdx_821_zqX9GXp95mP9">Short-term borrowings</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_88F_eus-gaap--ScheduleOfShortTermDebtTextBlock_pn3n3_zxczRQPs610k" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Short-term borrowings (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8BA_zXcgKbr8e7pb" style="display: none">Schedule of short-term borrowings</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Short-term borrowings</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90A_eus-gaap--OtherShortTermBorrowings_iI_pn3n3_c20260331__us-gaap--ExtinguishmentOfDebtAxis__us-gaap--ShortTermDebtMember_zeOc44PjIQoi" title="Short-term borrowings">4,344</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90F_eus-gaap--OtherShortTermBorrowings_iI_pn3n3_c20250331__us-gaap--ExtinguishmentOfDebtAxis__us-gaap--ShortTermDebtMember_zzjSqGR19T48" title="Short-term borrowings">6,480</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Current portion of vehicle loan</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_eus-gaap--OtherShortTermBorrowings_iI_pn3n3_c20260331__us-gaap--ExtinguishmentOfDebtAxis__custom--CurrentPortionOfVehicleLoanMember_z6KCnyDM96o" title="Short-term borrowings">92</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_eus-gaap--OtherShortTermBorrowings_iI_pn3n3_c20250331__us-gaap--ExtinguishmentOfDebtAxis__custom--CurrentPortionOfVehicleLoanMember_z2EvWqBt3v29" title="Short-term borrowings">24</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_903_eus-gaap--OtherShortTermBorrowings_iI_pn3n3_c20260331_zUU1IKRsckvl" title="Short-term borrowings">4,436</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_908_eus-gaap--OtherShortTermBorrowings_iI_pn3n3_c20250331_zQUokitT4oak" title="Short-term borrowings">6,504</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026, the Company had a revolving credit facility with Kotak Mahindra Bank of INR <span id="xdx_909_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_pn3n3_c20260331_zpxB87NKmr19" title="Line of credit facility, current borrowing capacity">320,000</span> (or approximately $<span id="xdx_907_ecustom--ExchangeRate_iI_pn3n3_c20260331_zLbDHJcdSbAl" title="Exchange rate">3,381</span> at the exchange rate in effect on March 31, 2026). The revolving facility is available for the Company’s operational requirements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The funded drawdown amount under the Company’s revolving facility as of March 31, 2026 and March 31, 2025, is $<span id="xdx_906_ecustom--FundDrawdownAmount_iI_pn3n3_c20260331__us-gaap--LineOfCreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember_zoW8IbaHl8pe" title="Fund drawdown amount">1,601 </span>and $<span id="xdx_90A_ecustom--FundDrawdownAmount_iI_pn3n3_c20250331__us-gaap--LineOfCreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember_zVSl6rfo6BHd" title="Fund drawdown amount">3,586</span> respectively. The interest rate is equal to the 3-months Repo Rate plus a margin of 3.90% and 6-months Marginal Cost of Funds based Lending Rate (“MCLR”) plus a margin of <span id="xdx_90F_eus-gaap--DebtInstrumentInterestRateDuringPeriod_c20250401__20260331_pd" title="Interest rate"><span id="xdx_90D_eus-gaap--DebtInstrumentInterestRateDuringPeriod_c20240401__20250331_pd" title="Interest rate">0.80%</span></span> as of March 31, 2026, and March 31, 2025, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Prior to the Closing Date, WWAC modified the terms of payment owed to Shearman &amp; Sterling LLP, a multinational law firm providing legal consultancy services to WWAC. This resulted in a reduction in the total amount owed by WWAC to Shearman &amp; Sterling LLP from $4,800 of accounts payable to $4,000 promissory note, payable in four equal tranches. Subsequently, the promissory note was amended upon payment of $1,500, wherein the balance $2,500 was promised to be paid in two equal tranches. $2,500 owed to Shearman &amp; Sterling LLP has been disclosed as short-term debt, as ATI has an unconditional obligation to settle it within a period of less than twelve months from March 31, 2026.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><span id="xdx_901_ecustom--InsuranceForItsDirectors_c20250401__20260331_zilpI7Yf2D5a" title="Insurance for its directors">After the Closing Date, ATI obtained an insurance policy for its directors and senior officers with $5,000 in coverage. The total premium payable in relation to this was $880 out of which $176 was paid upfront and balance $704 was payable in ten equal monthly instalments of $73. The arrangement represented a financing transaction where the premium payable was deferred. The interest rate under the arrangement was 9.2% per annum. The cumulative interest payable throughout the tenure under the arrangement amounts to $30 and the same was recognized as part of the interest expense in the consolidated statement of operations. During the year ended March 31, 2026 and March 31, 2025, the interest expense so recognized was Nil and $9. The balance premium payable as of March 31, 2025 is Nil.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><span id="xdx_900_ecustom--RenewedInsurancePolicyForItsDirectors_c20250401__20260331_zkUUwkjXd1Ji">The Company obtained an insurance policy for its directors and senior officers to cover $5,000, effective as of November 6, 2024, for a period of 12 months. The total premium payable under the insurance policy was $670, out of which $58 was paid upfront and the $612 balance of which is payable in eleven equal monthly installments of $58. The arrangement represents a financing transaction where the premium payable has been deferred. The interest payable under the arrangement amounts to $23 and the same would be recognized as part of the interest expense through the condensed consolidated statement of operations.</span> During the year ended March 31, 2026 and March 31, 2025, the interest expense so recognized was $<span id="xdx_90D_eus-gaap--InterestExpenseDebt_pn3n3_c20250401__20260331_zHwdRvBj84j5">0</span> and $<span id="xdx_906_eus-gaap--InterestExpenseDebt_pn3n3_c20240401__20250331_zuRn9W6bnF5e">16</span> respectively. The balance premium payable as of March 31, 2026 and March 31, 2025 is Nil <span id="xdx_903_ecustom--PremiumPayable_pn3n3_c20250401__20260331_zlGSRdI8y4x9" style="display: none" title="Premium payable">0</span> and $<span id="xdx_906_ecustom--PremiumPayable_pn3n3_c20240401__20250331_zeg52eHzTiAd" title="Premium payable">394</span>.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><span id="xdx_90D_ecustom--RenewedInsurancePolicyForItsDirectors_c20251101__20261106_zE24JCyx460g" title="Renewed insurance policy for its directors">Effective November 6, 2025, the Company has renewed the insurance for its directors and senior officers to cover $5,000 for the period of 12 months. The total premium payable in relation to this was $577 out of which $144 was paid upfront and balance $433 is payable in nine equal monthly instalments of $50.The arrangement represents a financing transaction where the premium payable has been deferred. The interest payable under the arrangement amounts to $13 and the same would be recognized as part of the interest expense through the condensed consolidated statement of operations.</span> During the year ended March 31, 2026 and March 31, 2025, the interest expense so recognized was $9 and Nil respectively. The balance premium payable as of March 31, 2026 is $243.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">For additional information on the vehicle loan see Note 8 – Long-term debt.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_88F_eus-gaap--ScheduleOfShortTermDebtTextBlock_pn3n3_zxczRQPs610k" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Short-term borrowings (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8BA_zXcgKbr8e7pb" style="display: none">Schedule of short-term borrowings</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Short-term borrowings</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90A_eus-gaap--OtherShortTermBorrowings_iI_pn3n3_c20260331__us-gaap--ExtinguishmentOfDebtAxis__us-gaap--ShortTermDebtMember_zeOc44PjIQoi" title="Short-term borrowings">4,344</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90F_eus-gaap--OtherShortTermBorrowings_iI_pn3n3_c20250331__us-gaap--ExtinguishmentOfDebtAxis__us-gaap--ShortTermDebtMember_zzjSqGR19T48" title="Short-term borrowings">6,480</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Current portion of vehicle loan</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_eus-gaap--OtherShortTermBorrowings_iI_pn3n3_c20260331__us-gaap--ExtinguishmentOfDebtAxis__custom--CurrentPortionOfVehicleLoanMember_z6KCnyDM96o" title="Short-term borrowings">92</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_eus-gaap--OtherShortTermBorrowings_iI_pn3n3_c20250331__us-gaap--ExtinguishmentOfDebtAxis__custom--CurrentPortionOfVehicleLoanMember_z2EvWqBt3v29" title="Short-term borrowings">24</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_903_eus-gaap--OtherShortTermBorrowings_iI_pn3n3_c20260331_zUU1IKRsckvl" title="Short-term borrowings">4,436</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_908_eus-gaap--OtherShortTermBorrowings_iI_pn3n3_c20250331_zQUokitT4oak" title="Short-term borrowings">6,504</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 4344000 6480000 92000 24000 4436000 6504000 320000000 3381000 1601000 3586000 0.0080 0.0080 After the Closing Date, ATI obtained an insurance policy for its directors and senior officers with $5,000 in coverage. The total premium payable in relation to this was $880 out of which $176 was paid upfront and balance $704 was payable in ten equal monthly instalments of $73. The arrangement represented a financing transaction where the premium payable was deferred. The interest rate under the arrangement was 9.2% per annum. The cumulative interest payable throughout the tenure under the arrangement amounts to $30 and the same was recognized as part of the interest expense in the consolidated statement of operations. During the year ended March 31, 2026 and March 31, 2025, the interest expense so recognized was Nil and $9. The balance premium payable as of March 31, 2025 is Nil. The Company obtained an insurance policy for its directors and senior officers to cover $5,000, effective as of November 6, 2024, for a period of 12 months. The total premium payable under the insurance policy was $670, out of which $58 was paid upfront and the $612 balance of which is payable in eleven equal monthly installments of $58. The arrangement represents a financing transaction where the premium payable has been deferred. The interest payable under the arrangement amounts to $23 and the same would be recognized as part of the interest expense through the condensed consolidated statement of operations. 0 16000 0 394000 Effective November 6, 2025, the Company has renewed the insurance for its directors and senior officers to cover $5,000 for the period of 12 months. The total premium payable in relation to this was $577 out of which $144 was paid upfront and balance $433 is payable in nine equal monthly instalments of $50.The arrangement represents a financing transaction where the premium payable has been deferred. The interest payable under the arrangement amounts to $13 and the same would be recognized as part of the interest expense through the condensed consolidated statement of operations. <p id="xdx_809_ecustom--OtherCurrentLiabilitiesTextBlock_zYKX9Rj3I985" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 7 - <span id="xdx_822_zqkgNk0O9a6">Other Current Liabilities</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Other current liabilities consists of the following:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_88D_eus-gaap--OtherCurrentLiabilitiesTableTextBlock_pn3n3_zxPQXi3S5Bof" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Other Current Liabilities (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B5_zS4MlqNkeNL3" style="display: none">Schedule of other current liabilities</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20260331_zrnUL7pQpGS2" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49C_20250331_zOmTp2Iasdd9" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_408_eus-gaap--TaxesPayableCurrent_iI_pn3n3_maOLCzYgf_zMH8I4STC3Bd" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Taxes payable</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">2,697</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">1,431</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_403_eus-gaap--FinanceLeaseLiabilityCurrent_iI_pn3n3_maOLCzYgf_zHZoXFbkyYA7" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Finance lease obligations, current</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">89</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">156</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_406_eus-gaap--AccruedLiabilitiesCurrent_iI_pn3n3_maOLCzYgf_zOrnkYKbt1ha" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Accrued expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,641</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,062</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_400_eus-gaap--DeferredRevenueCurrent_iI_pn3n3_maOLCzYgf_zj6QYlEkW2di" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Deferred revenue</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">466</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">274</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40D_eus-gaap--OtherAccruedLiabilitiesCurrent_iI_pn3n3_maOLCzYgf_zzYy0Ka1C7bh" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Other</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">1,541</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">830</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_400_eus-gaap--OtherLiabilitiesCurrent_iTI_pn3n3_mtOLCzYgf_zKtCXXrf5vF3" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="color: White; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt">Total other current liabilities</td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>6,434</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>7,753</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_88D_eus-gaap--OtherCurrentLiabilitiesTableTextBlock_pn3n3_zxPQXi3S5Bof" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Other Current Liabilities (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B5_zS4MlqNkeNL3" style="display: none">Schedule of other current liabilities</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20260331_zrnUL7pQpGS2" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49C_20250331_zOmTp2Iasdd9" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_408_eus-gaap--TaxesPayableCurrent_iI_pn3n3_maOLCzYgf_zMH8I4STC3Bd" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Taxes payable</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">2,697</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">1,431</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_403_eus-gaap--FinanceLeaseLiabilityCurrent_iI_pn3n3_maOLCzYgf_zHZoXFbkyYA7" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Finance lease obligations, current</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">89</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">156</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_406_eus-gaap--AccruedLiabilitiesCurrent_iI_pn3n3_maOLCzYgf_zOrnkYKbt1ha" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Accrued expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,641</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,062</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_400_eus-gaap--DeferredRevenueCurrent_iI_pn3n3_maOLCzYgf_zj6QYlEkW2di" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Deferred revenue</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">466</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">274</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40D_eus-gaap--OtherAccruedLiabilitiesCurrent_iI_pn3n3_maOLCzYgf_zzYy0Ka1C7bh" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Other</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">1,541</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">830</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_400_eus-gaap--OtherLiabilitiesCurrent_iTI_pn3n3_mtOLCzYgf_zKtCXXrf5vF3" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="color: White; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt">Total other current liabilities</td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>6,434</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>7,753</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 2697000 1431000 89000 156000 1641000 5062000 466000 274000 1541000 830000 6434000 7753000 <p id="xdx_807_eus-gaap--LongTermDebtTextBlock_z18s72uN8YSg" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 8 - <span id="xdx_828_z4qQySWqAmHf">Long-term debt</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Long-term debt consists of the following:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_894_eus-gaap--ScheduleOfDebtTableTextBlock_pn3n3_zKeoo6O6iQed" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Long-term debt (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BC_zgz7BPxyHUO" style="display: none">Schedule of long-term debt</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Loan from the director of ATGBA</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90A_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20260331__us-gaap--LongtermDebtTypeAxis__custom--LoanFromDirectorMember_zjBTzVebvN18" title="Long term debt">734</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_900_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20250331__us-gaap--LongtermDebtTypeAxis__custom--LoanFromDirectorMember_zh0l9wYYvpvc" title="Long term debt">812</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Loan from an affiliate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20260331__us-gaap--LongtermDebtTypeAxis__custom--LoanFromAffiliateMember_zLiFCc7Vx4kb" title="Long term debt"><span style="-sec-ix-hidden: xdx2ixbrl1345">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20250331__us-gaap--LongtermDebtTypeAxis__custom--LoanFromAffiliateMember_zJ0o5go9q9q" title="Long term debt">111</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Non-current portion of vehicle loan</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20260331__us-gaap--LongtermDebtTypeAxis__custom--VehicleLoanMember_zxIWlwkD0lX1" title="Long term debt">64</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20250331__us-gaap--LongtermDebtTypeAxis__custom--VehicleLoanMember_zASGN1gKck8e" title="Long term debt">173</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_909_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20260331_zt7Gg8p5rqt5" title="Long term debt">798</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90C_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20250331_zpSL93yh6qk9" title="Long term debt">1,096</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p id="xdx_8A3_zDK8pTLBH2g2" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">For additional information on the loan from the director of ATGBA, Mr. Vaibhav Rao, to a subsidiary company and loan from an affiliate, see Note 13 – Related Party Transactions - point (g) and (d), respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Vehicle loan</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On December 7, 2022, the Company entered into a vehicle loan, secured by the vehicle, for INR 11,450 (or approximately $<span id="xdx_905_ecustom--ExchangeRate_iI_pn3n3_c20221207_zZTbFYiYZjz4" title="Exchange rate">121</span> at the exchange rate in effect on March 31, 2026) at <span id="xdx_900_eus-gaap--DebtInstrumentInterestRateDuringPeriod_c20221201__20221207_pd" title="Interest rate">10.75%</span> from Mercedes-Benz Financial Services India Pvt. Ltd. The Company is required to repay the loan in <span id="xdx_900_eus-gaap--DebtInstrumentTerm_dtM_c20221201__20221207_zT79fF89xpXa" title="Term">48</span> monthly instalments beginning January 4, 2023.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On August 2, 2024, the Company entered into a vehicle loan, secured by the vehicle, for INR 8,165 (or approximately $<span id="xdx_90B_ecustom--ExchangeRate_iI_pn3n3_c20240802_zTWEq6zO8Qqd" title="Exchange rate">86 </span>at the exchange rate in effect on March 31, 2026) at <span id="xdx_909_eus-gaap--DebtInstrumentInterestRateDuringPeriod_c20240726__20240802_pd" title="Interest rate">10.25%</span> from Mercedes-Benz Financial Services India Pvt. Ltd. The Company is required to repay the loan in <span id="xdx_905_eus-gaap--DebtInstrumentTerm_dtM_c20240726__20240802_zcc2jfAkGIQ3" title="Term">48</span> monthly instalments beginning September 4, 2024.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026, the future maturities of debt by fiscal year are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_891_esrt--ContractualObligationFiscalYearMaturityScheduleTableTextBlock_pn3n3_znTpucP0ZpY3" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Long-term debt (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BB_zfFzJbEGUBmb" style="display: none">Schedule of future maturities of debt</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_493_20260331_z3ywN3VQvTFf" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_iI_pn3n3_maLTDzINx_zqbDwMtE0Ey1" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2027</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">826</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_408_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree_iI_pn3n3_maLTDzINx_zdLlA51ssSF3" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2028</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">11</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_400_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwoAndThree_iI_pn3n3_maLTDzINx_zrBxFy5E07d7" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2029</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">53</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_405_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive_iI_pn3n3_maLTDzINx_zcqWAMRe3Mnj" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2030</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1377">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> </tr> <tr id="xdx_400_eus-gaap--LongTermDebt_iTI_pn3n3_mtLTDzINx_zMbwHrsHXMA7" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total future maturities of debt</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>890</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p id="xdx_8AB_z3cQX9guoVYd" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_894_eus-gaap--ScheduleOfDebtTableTextBlock_pn3n3_zKeoo6O6iQed" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Long-term debt (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BC_zgz7BPxyHUO" style="display: none">Schedule of long-term debt</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Loan from the director of ATGBA</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90A_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20260331__us-gaap--LongtermDebtTypeAxis__custom--LoanFromDirectorMember_zjBTzVebvN18" title="Long term debt">734</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_900_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20250331__us-gaap--LongtermDebtTypeAxis__custom--LoanFromDirectorMember_zh0l9wYYvpvc" title="Long term debt">812</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Loan from an affiliate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20260331__us-gaap--LongtermDebtTypeAxis__custom--LoanFromAffiliateMember_zLiFCc7Vx4kb" title="Long term debt"><span style="-sec-ix-hidden: xdx2ixbrl1345">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20250331__us-gaap--LongtermDebtTypeAxis__custom--LoanFromAffiliateMember_zJ0o5go9q9q" title="Long term debt">111</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Non-current portion of vehicle loan</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20260331__us-gaap--LongtermDebtTypeAxis__custom--VehicleLoanMember_zxIWlwkD0lX1" title="Long term debt">64</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20250331__us-gaap--LongtermDebtTypeAxis__custom--VehicleLoanMember_zASGN1gKck8e" title="Long term debt">173</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_909_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20260331_zt7Gg8p5rqt5" title="Long term debt">798</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90C_eus-gaap--LongTermDebtCurrent_iI_pn3n3_c20250331_zpSL93yh6qk9" title="Long term debt">1,096</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 734000 812000 111000 64000 173000 798000 1096000 121000 0.1075 P48M 86000 0.1025 P48M <table cellpadding="0" cellspacing="0" id="xdx_891_esrt--ContractualObligationFiscalYearMaturityScheduleTableTextBlock_pn3n3_znTpucP0ZpY3" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Long-term debt (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BB_zfFzJbEGUBmb" style="display: none">Schedule of future maturities of debt</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_493_20260331_z3ywN3VQvTFf" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_iI_pn3n3_maLTDzINx_zqbDwMtE0Ey1" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2027</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">826</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_408_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree_iI_pn3n3_maLTDzINx_zdLlA51ssSF3" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2028</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">11</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_400_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwoAndThree_iI_pn3n3_maLTDzINx_zrBxFy5E07d7" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2029</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">53</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_405_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive_iI_pn3n3_maLTDzINx_zcqWAMRe3Mnj" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2030</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1377">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> </tr> <tr id="xdx_400_eus-gaap--LongTermDebt_iTI_pn3n3_mtLTDzINx_zMbwHrsHXMA7" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total future maturities of debt</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>890</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 826000 11000 53000 890000 <p id="xdx_802_eus-gaap--OtherLiabilitiesDisclosureTextBlock_zkkxvex5UAV4" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 9 - <span id="xdx_82E_zRgfKAw28Pdd">Other Liabilities</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Other liabilities consist of the following:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_882_eus-gaap--OtherLiabilitiesTableTextBlock_pn3n3_zSS5LwNjtmO2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Other Liabilities (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B4_z8tl1qD5kB8g" style="display: none">Schedule of other liabilities</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_499_20260331_zBxn7BSsbylf" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20250331_zA7UzAHXOVY8" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40A_ecustom--AccruedCompensationAndRelatedBenefits_iI_pn3n3_zNCMxOJMuOAi" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Accrued compensation and related benefits</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">5,703</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">4,086</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_400_eus-gaap--LongTermDebtAndCapitalLeaseObligations_iI_pn3n3_z57CrSRnj2l2" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Finance lease obligations, non-current</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">81</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">75</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40B_eus-gaap--OtherAccruedLiabilitiesNoncurrent_iI_pn3n3_zsthMM2qiGwl" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Other</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">232</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">9</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_986_eus-gaap--OtherLiabilitiesNoncurrent_pn3n3_c20260331_zw42JFwrT8Ja" style="border-bottom: Black 2.5pt double; text-align: right" title="Other liabilities"><b>6,016</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98C_eus-gaap--OtherLiabilitiesNoncurrent_pn3n3_c20250331_zD2yL8wqa3U6" style="border-bottom: Black 2.5pt double; text-align: right" title="Other liabilities"><b>4,170</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_882_eus-gaap--OtherLiabilitiesTableTextBlock_pn3n3_zSS5LwNjtmO2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Other Liabilities (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B4_z8tl1qD5kB8g" style="display: none">Schedule of other liabilities</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_499_20260331_zBxn7BSsbylf" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20250331_zA7UzAHXOVY8" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40A_ecustom--AccruedCompensationAndRelatedBenefits_iI_pn3n3_zNCMxOJMuOAi" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Accrued compensation and related benefits</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">5,703</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">4,086</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_400_eus-gaap--LongTermDebtAndCapitalLeaseObligations_iI_pn3n3_z57CrSRnj2l2" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Finance lease obligations, non-current</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">81</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">75</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40B_eus-gaap--OtherAccruedLiabilitiesNoncurrent_iI_pn3n3_zsthMM2qiGwl" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Other</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">232</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">9</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_986_eus-gaap--OtherLiabilitiesNoncurrent_pn3n3_c20260331_zw42JFwrT8Ja" style="border-bottom: Black 2.5pt double; text-align: right" title="Other liabilities"><b>6,016</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98C_eus-gaap--OtherLiabilitiesNoncurrent_pn3n3_c20250331_zD2yL8wqa3U6" style="border-bottom: Black 2.5pt double; text-align: right" title="Other liabilities"><b>4,170</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 5703000 4086000 81000 75000 232000 9000 6016000 4170000 <p id="xdx_801_eus-gaap--RevenueFromContractWithCustomerTextBlock_zUcOqijOpdbi" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 10 - <span id="xdx_82F_zA3IP9ZLdHa6">Revenue</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><i>Disaggregation of Revenue</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company presents and discusses revenues by customer location. The Company believes this disaggregation best depicts how the nature, amount, timing and uncertainty of our revenues and cash flows are affected by industry, market and other economic factors.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table shows the disaggregation of the Company’s revenues by major customer location. Revenues are attributed to geographic regions based upon billed client location. Substantially all of the revenue in our North America region relates to operations in the United States.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_888_eus-gaap--DisaggregationOfRevenueTableTextBlock_pn3n3_zJiCgXbnwZi8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Revenue (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8B9_zpZys36sA225" style="display: none">Schedule of disaggregation of revenue</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">North America</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_982_eus-gaap--Revenues_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__srt--NorthAmericaMember_zanObbKgnGK5" style="width: 9%; text-align: right" title="Total revenue">62,873</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_980_eus-gaap--Revenues_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__srt--NorthAmericaMember_zlHfHsSo85Hd" style="width: 9%; text-align: right" title="Total revenue">65,486</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Asia Pacific and Other</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_987_eus-gaap--Revenues_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__srt--AsiaPacificMember_zFj9yrs240xl" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenue">7,141</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_989_eus-gaap--Revenues_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__srt--AsiaPacificMember_zWBv13ES2fk1" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenue">4,712</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total revenue</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98A_eus-gaap--Revenues_pn3n3_c20250401__20260331_zP0vO7xeiSs7" style="border-bottom: Black 2.5pt double; text-align: right" title="Total revenue"><b>70,014</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20240401__20250331_zZF8FtboYvs1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total revenue"><b>70,198</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><i>Contract balances</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Contract assets comprise amounts where the Company’s right to bill is contingent on something other than the passage of time. As of March 31, 2026 and March 31, 2025, the Company’s contract assets were $<span id="xdx_908_eus-gaap--ContractWithCustomerAssetNet_iI_pn3n3_c20260331_zOsgtmUzA7A5" title="Contract assets">166</span> and $<span id="xdx_908_eus-gaap--ContractWithCustomerAssetNet_iI_pn3n3_c20250331_zbmyZnRVlJA7" title="Contract assets">163</span>, respectively, and were recorded within “Prepaid expenses and other current assets”, net of allowance for credit losses, on the consolidated balance sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Contract liabilities, or deferred revenue, comprise amounts collected from the Company’s customers for revenues not yet earned and amounts which are anticipated to be recorded as revenues when services are performed. The amount of revenue recognized in the year ended March 31, 2026 and 2025 that was included in deferred revenue at the beginning of each period was $<span id="xdx_901_eus-gaap--DeferredIncomeRevenueRecognized_pn3n3_c20250401__20260331_zriC5Wzjttwh" title="Deferred revenue recognized">249</span> and $<span id="xdx_90C_eus-gaap--DeferredIncomeRevenueRecognized_pn3n3_c20240401__20250331_zyLdfzDjhag1" title="Deferred revenue recognized">257</span>, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026 and March 31, 2025 the Company’s deferred revenue was $<span id="xdx_90B_eus-gaap--DeferredRevenue_iI_pn3n3_c20260331_zKnNhHJQgfx5" title="Deferred revenue">466</span> and $<span id="xdx_908_eus-gaap--DeferredRevenue_iI_pn3n3_c20250331_zGWeo5DhhRxc" title="Deferred revenue">274</span>, respectively, and was recorded within “Other current liabilities” on the consolidated balance sheets. There was <span id="xdx_90A_eus-gaap--DeferredRevenueNoncurrent_iI_pn3n3_do_c20260331_zxVvtCqEyOxa" title="Deferred revenue, non current"><span id="xdx_901_eus-gaap--DeferredRevenueNoncurrent_iI_pn3n3_do_c20250331_ztcyy6TKE6Rl" title="Deferred revenue, non current">no</span></span> deferred revenue classified as non-current as of March 31, 2026 and March 31, 2025.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><i>Contract Acquisition Costs</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Direct and incremental costs incurred for acquiring contracts, such as sales commissions are contract acquisition costs and thereby classified under “Other current assets” and “Other assets” in the consolidated balance sheets. Such costs are amortized over the expected duration of the relationship with customers and recorded under Selling and marketing expenses in the consolidated statements of income.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_888_eus-gaap--DisaggregationOfRevenueTableTextBlock_pn3n3_zJiCgXbnwZi8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Revenue (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8B9_zpZys36sA225" style="display: none">Schedule of disaggregation of revenue</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">North America</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_982_eus-gaap--Revenues_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__srt--NorthAmericaMember_zanObbKgnGK5" style="width: 9%; text-align: right" title="Total revenue">62,873</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_980_eus-gaap--Revenues_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__srt--NorthAmericaMember_zlHfHsSo85Hd" style="width: 9%; text-align: right" title="Total revenue">65,486</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Asia Pacific and Other</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_987_eus-gaap--Revenues_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__srt--AsiaPacificMember_zFj9yrs240xl" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenue">7,141</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_989_eus-gaap--Revenues_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__srt--AsiaPacificMember_zWBv13ES2fk1" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenue">4,712</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total revenue</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98A_eus-gaap--Revenues_pn3n3_c20250401__20260331_zP0vO7xeiSs7" style="border-bottom: Black 2.5pt double; text-align: right" title="Total revenue"><b>70,014</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98F_eus-gaap--Revenues_pn3n3_c20240401__20250331_zZF8FtboYvs1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total revenue"><b>70,198</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 62873000 65486000 7141000 4712000 70014000 70198000 166000 163000 249000 257000 466000 274000 0 0 <p id="xdx_804_eus-gaap--CompensationAndEmployeeBenefitPlansTextBlock_zZcIZoE3cQDd" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 11 - <span id="xdx_820_zIcKNdZlNyUb">Employee Compensation and Benefits</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has employee benefit plans in the form of certain statutory and other programs covering its employees.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><i>Defined Benefit Plan - Gratuity</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has subsidiaries in India and Mexico with employees covered by defined benefit plans. We have defined benefit plans comprised of gratuity under Payments of Gratuity Act, 1972 covering eligible employees in India &amp; Federal Labor Law in Mexico. The present value of the defined benefit obligations and other long-term employee benefits is determined based on actuarial valuation using the projected unit credit method. The rate used to discount defined benefit obligation is determined by reference to market yields at the balance sheet date of government bonds for respective regions for the estimated term of obligations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Actuarial gains or losses arising on account of experience adjustment and the effect of changes in actuarial assumptions are initially recognized in the consolidated statements of comprehensive income, and the unrecognized actuarial loss is amortized to the consolidated statements of operations over the average remaining service period of the active employees expected to receive benefits under the plan.</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On November 21, 2025, the Government of India notified provisions of the Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws. The Ministry of Labour &amp; Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Group continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. The adjustments for the Labour Codes represent an increase in gratuity liability arising out of past service cost by $703 primarily due to change in wage definition which is recognized in the other comprehensive income / (loss), net of tax. Out of the above, $62 is reclassified to Consolidated Statement of Operations for the year ended March 31, 2026.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table provides the status of the defined benefit plans and the amounts recognized in the Company’s consolidated financial statements based on actuarial valuations carried out for the periods ending March 31, 2026 and March 31, 2025, respectively:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_898_eus-gaap--ScheduleOfDefinedBenefitPlansDisclosuresTextBlock_pn3n3_zoovvKRJShMg" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Employee Compensation and Benefits (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BE_z11YmNbivF1f" style="display: none">Schedule of defined benefit plans</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20250401__20260331_zSjr72mnsIE7" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49D_20240401__20250331_z4rjxm4kc1xf" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Changes in employee benefit plan obligations</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_40C_eus-gaap--DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets_iS_pn3n3_zhXk7hvl2fzl" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Projected benefit obligation at the beginning of the year</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">2,545</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">1,906</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_408_ecustom--DefinedBenefitPlanInterestCosts_pn3n3_zMuCW7ct76Xj" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Interest cost</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">259</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">158</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_406_ecustom--DefinedBenefitPlanPastServiceCost_pn3n3_zxp1suKhvhKl" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Past service cost</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">703</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1443">-</span></td> <td style="text-align: left"> </td> </tr> <tr id="xdx_401_eus-gaap--DefinedBenefitPlanServiceCost_pn3n3_zaMbPLlSAFUj" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Current service cost</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">504</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">544</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_407_ecustom--DefinedBenefitPlanNetPeriodicBenefitCostCreditAmortizationOfGainLossStatementOfIncomeOrComprehensiveIncome_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Actuarial (gains) / loss</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(114</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">192</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_400_ecustom--LiabilityTransferredInAcquisitions_pn3n3_zuvvgSlcUAHc" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Liability Transferred In/ Acquisitions</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,089</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1452">-</span></td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40B_eus-gaap--DefinedBenefitPlanPlanAssetsBenefitsPaid_iN_pn3n3_di_zd8OaJ6Fzrc7" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Benefits paid directly by employers</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(765</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(206</td> <td style="text-align: left">)</td> </tr> <tr id="xdx_409_ecustom--EffectOfExchangeRateFluctuation_iN_pn3n3_di_zywLSHvIK0xg" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Effect of exchange rate fluctuation</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(243</td> <td style="text-align: left; padding-bottom: 1pt">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(49</td> <td style="text-align: left; padding-bottom: 1pt">)</td> </tr> <tr id="xdx_40A_eus-gaap--DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets_iE_pn3n3_zAqpE7nFQVLl" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Projected employee benefit plan at the end of the year</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>3,978</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>2,545</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Amounts recognized in the Consolidated Balance Sheets</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr id="xdx_402_ecustom--RecordedInAccruedCompensationAndRelatedBenefitsCurrent_iN_pn3n3_di_zRbgT2SEqGrd" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Recorded in accrued compensation and related benefits, current</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(599</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(371</td> <td style="text-align: left">)</td> </tr> <tr id="xdx_409_ecustom--RecordedInOtherLiabilities_iN_pn3n3_di_zMnOuvmu0t3h" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Recorded in other liabilities</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(3,379</td> <td style="text-align: left; padding-bottom: 1pt">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(2,174</td> <td style="text-align: left; padding-bottom: 1pt">)</td> </tr> <tr id="xdx_401_ecustom--TotalProjectBenefitObligation_pn3n3_zrpNfM7isoUe" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Total project benefit obligation</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(3,978</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(2,545</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> </tr> </table> <p id="xdx_8A3_zQyhf3Aoeqtf" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The change in defined benefit obligation for the years ended March 31, 2026 and 2025 is largely due to change in labour codes during the year and changes in actuarial assumptions pertaining to demographics and financial assumptions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Amounts included in the accumulated other comprehensive income as of March 31, 2026 and 2025 were as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_891_eus-gaap--ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_pn3n3_zzmKBnx7fbYk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Employee Compensation and Benefits (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8B3_zxUC4XlxOjgh" style="display: none">Schedule of accumulated other comprehensive income</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td id="xdx_498_20250401__20260331_zllKHfiPoON9" style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td id="xdx_493_20240401__20250331_zUaFfeHs9Hy1" style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40F_ecustom--AccumulatedNetActuarialLoss_pn3n3_zR36O3wDmvb4" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Net actuarial loss</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">1,049</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">621</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_406_ecustom--AccumulatedDeferredIncomeTaxExpenseBenefit_pn3n3_zMXC4uc7aZY1" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Deferred tax</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(271</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(161</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> </tr> <tr id="xdx_40E_eus-gaap--DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax_pn3n3_z3BUQjCz6Ii" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Total</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>778</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>460</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> </tr> </table> <p id="xdx_8AB_z7n0jQGWBh0g" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Changes in “Other comprehensive loss” during the year ended March 31, 2026 and 2025 were as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_898_eus-gaap--ScheduleOfComprehensiveIncomeLossTableTextBlock_pn3n3_zBUPQfgJaOg3" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Employee Compensation and Benefits (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B3_zFf0LRvCBk5a" style="display: none">Schedule of other comprehensive income /(loss)</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_498_20250401__20260331_zX9YeY19z5Xa" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_493_20240401__20250331_zh8fzo8Llem6" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_409_eus-gaap--OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax_pn3n3_zNwwehQUuEQ8" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Net actuarial (loss) / gain</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">114</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">(192</td> <td style="width: 1%; text-align: left">)</td> </tr> <tr id="xdx_40C_ecustom--NetPriorServiceCreditCost_pn3n3_z3ZJPz00G9La" style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Net prior service credit / (cost)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(641</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1490">-</span></td> <td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--AmortizationOfNetActuarialLossGain_iN_pn3n3_di_zwRMfqZCyLFd" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Amortization of net actuarial (loss) / gain</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">99</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">72</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_405_ecustom--DeferredTaxExpenseBenefit_pn3n3_zNe0tRlG4Pn2" style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Deferred tax benefit / (expense)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">110</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">35</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_400_ecustom--UnrecognizedActuarialLossGainOnEmployeeBenefitPlanObligations_pn3n3_zdItOMXElAY9" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.5pt">Unrecognized actuarial (loss) / gain on defined employee benefit plan obligations</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(318</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(85</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> </tr> </table> <p id="xdx_8A5_zNHjMXIJ9BRe" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Net defined benefit plan costs for the year ended March 31, 2026 and 2025 include the following components:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_895_eus-gaap--ScheduleOfCostsOfRetirementPlansTableTextBlock_pn3n3_zuT0nTvAm2P8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Employee Compensation and Benefits (Details 3)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B6_z63i9Ee58FRl" style="display: none">Schedule of net defined benefit plan costs</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49F_20250401__20260331_zunkEYRpmnS9" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20240401__20250331_zZCkBDcoEdQd" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_404_eus-gaap--DefinedBenefitPlanServiceCost_pn3n3_zF0Iiwa8aoae" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Current Service costs</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">504</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">544</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_40E_ecustom--PastServiceCost_pn3n3_zuSYFrfKL9Ah" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Past service cost</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">62</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1507">-</span></td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40C_ecustom--DefinedBenefitPlanInterestCosts_pn3n3_z2l0biGYgir" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Interest costs</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">259</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">158</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40E_ecustom--Settlements_pn3n3_z5UUFcqcIjX1" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Settlements</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">20</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1513">-</span></td> <td style="text-align: left"> </td> </tr> <tr id="xdx_407_ecustom--DefinedBenefitPlanAmortizationLosses_pn3n3_ztDXD5Za5xK7" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Amortization of net actuarial loss</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">79</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">72</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_404_eus-gaap--DefinedBenefitPlanNetPeriodicBenefitCost_pn3n3_z6kc9yGTf3r7" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Net defined benefit plan costs</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>924</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>774</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> </tr> </table> <p id="xdx_8A5_zI6P225QuBsi" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Assumptions</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company uses the Projected Unit Credit Method to measure liabilities and interest costs for defined benefit obligations. Under this method, accrued benefit amount is projected to calculate future expected cashflows, which is in turn discounted back at applicable discount rate assumption to arrive at present value of benefit obligation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The rate used to discount benefit obligations (both funded and unfunded) is determined by reference to market yields on government bonds at the balance sheet date. The currency and term of the government bonds should be consistent with the currency and estimated term of the benefit obligations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The weighted average assumptions used to determine the benefit obligations of the defined benefit plans as of March 31, 2026 and 2025 are presented below:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsTableTextBlock_pn3n3_zt4HmjSeRLP9" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Employee Compensation and Benefits (Details 4)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BE_z4Y0VTiV7vJ4" style="display: none">Schedule of weighted average assumptions used to determine benefit obligations</span></td> <td> </td> <td style="text-align: center; vertical-align: bottom"> </td> <td> </td> <td style="vertical-align: bottom; text-align: center"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <th style="padding-bottom: 0.5pt"> </th> <th style="padding-bottom: 0.5pt"> </th> <th colspan="3" style="border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom"><b>Year Ended<br/>March 31,</b></th> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="width: 67%; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom; width: 15%"><b>2026</b></td> <td style="width: 2%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center; width: 15%"><b>2025</b></td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Discount rate per annum</td> <td> </td> <td style="text-align: center; vertical-align: bottom"><span id="xdx_907_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_iI_pid_c20260331__srt--RangeAxis__srt--MinimumMember_zMcQso5uN3Gg" title="Discount rate per annum">8.04%</span> - <span id="xdx_90D_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_iI_pid_c20260331__srt--RangeAxis__srt--MaximumMember_zLalQv223A6l" title="Discount rate per annum">9.00%</span></td> <td> </td> <td style="vertical-align: bottom; text-align: center"><span id="xdx_908_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_iI_pid_c20250331__srt--RangeAxis__srt--MinimumMember_zLBP0zTvdipl" title="Discount rate per annum">8.28%</span> - <span id="xdx_906_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_iI_pid_c20250331__srt--RangeAxis__srt--MaximumMember_z9cs5pE9yp14" title="Discount rate per annum">9.10%</span></td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Rate of compensation increase per annum</td> <td> </td> <td style="text-align: center; vertical-align: bottom"><span id="xdx_907_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_iI_pid_c20260331__srt--RangeAxis__srt--MinimumMember_zdYYhqB6247d" title="Rate of compensation increase per annum">7.00%</span> - <span id="xdx_903_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_iI_pid_c20260331__srt--RangeAxis__srt--MaximumMember_zm6Es2fFYmpd" title="Rate of compensation increase per annum">10.00%</span></td> <td> </td> <td style="vertical-align: bottom; text-align: center"><span id="xdx_90B_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_iI_pid_c20250331__srt--RangeAxis__srt--MinimumMember_zf3aeg1aJAlb" title="Rate of compensation increase per annum">7.00%</span> - <span id="xdx_900_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_iI_pid_c20250331__srt--RangeAxis__srt--MaximumMember_zde7kLt4v3Vf" title="Rate of compensation increase per annum">10.00%</span></td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Rate of employee turnover per annum</td> <td> </td> <td style="text-align: center; vertical-align: bottom"><span id="xdx_90E_ecustom--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfEmployeeTurnover_iI_pid_c20260331__srt--RangeAxis__srt--MinimumMember_zv0DONxnk8T2" title="Rate of employee turnover per annum">15.00%</span> - <span id="xdx_90F_ecustom--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfEmployeeTurnover_iI_pid_c20260331__srt--RangeAxis__srt--MaximumMember_zdS8Fw3BUURg" title="Rate of employee turnover per annum">20.00%</span></td> <td> </td> <td style="vertical-align: bottom; text-align: center"><span id="xdx_903_ecustom--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfEmployeeTurnover_iI_pid_c20250331_zNfJoVd4lN7l" title="Rate of employee turnover per annum">20.00%</span></td> </tr> </table> <p id="xdx_8A8_z2mhJOVU7xHh" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The table below shows the expected benefit plan payments to the current employees of the plan based on the employee’s past service up to the valuation date plus employee’s future service up to the date of payment:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfExpectedBenefitPaymentsTableTextBlock_pn3n3_zkY4gfpxK5h5" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Employee Compensation and Benefits (Details 5)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B0_zHWORnwYe178" style="display: none">Schedule of expected benefit payments</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49F_20260331_zj3mnWFXcHqc" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Expected benefit payments during</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,<br/>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40C_eus-gaap--DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_iI_pn3n3_zHjrKUUO3xh5" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Year 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">600</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_405_eus-gaap--DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_iI_pn3n3_zQyQ3gYdugj7" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Year 2</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">713</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40E_eus-gaap--DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_iI_pn3n3_zgPPGtfiNKF4" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Year 3</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">807</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40F_eus-gaap--DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_iI_pn3n3_z0qnjVXck5T8" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Year 4</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">870</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_405_eus-gaap--DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_iI_pn3n3_zsCOOFClBhGe" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Year 5</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">934</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_404_eus-gaap--DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_iI_pn3n3_zksxRH6hOKqb" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Year 6 to Year 10</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">4,033</td> <td style="text-align: left"> </td> </tr> </table> <p id="xdx_8A5_zmZQt8F0h3C4" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s expected benefit plan payments are based on the same assumptions that were used to measure the Company’s benefit obligations as of March 31, 2026.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_898_eus-gaap--ScheduleOfDefinedBenefitPlansDisclosuresTextBlock_pn3n3_zoovvKRJShMg" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Employee Compensation and Benefits (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BE_z11YmNbivF1f" style="display: none">Schedule of defined benefit plans</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20250401__20260331_zSjr72mnsIE7" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49D_20240401__20250331_z4rjxm4kc1xf" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Changes in employee benefit plan obligations</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_40C_eus-gaap--DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets_iS_pn3n3_zhXk7hvl2fzl" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Projected benefit obligation at the beginning of the year</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">2,545</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">1,906</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_408_ecustom--DefinedBenefitPlanInterestCosts_pn3n3_zMuCW7ct76Xj" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Interest cost</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">259</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">158</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_406_ecustom--DefinedBenefitPlanPastServiceCost_pn3n3_zxp1suKhvhKl" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Past service cost</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">703</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1443">-</span></td> <td style="text-align: left"> </td> </tr> <tr id="xdx_401_eus-gaap--DefinedBenefitPlanServiceCost_pn3n3_zaMbPLlSAFUj" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Current service cost</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">504</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">544</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_407_ecustom--DefinedBenefitPlanNetPeriodicBenefitCostCreditAmortizationOfGainLossStatementOfIncomeOrComprehensiveIncome_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Actuarial (gains) / loss</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(114</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">192</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_400_ecustom--LiabilityTransferredInAcquisitions_pn3n3_zuvvgSlcUAHc" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Liability Transferred In/ Acquisitions</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,089</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1452">-</span></td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40B_eus-gaap--DefinedBenefitPlanPlanAssetsBenefitsPaid_iN_pn3n3_di_zd8OaJ6Fzrc7" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Benefits paid directly by employers</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(765</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(206</td> <td style="text-align: left">)</td> </tr> <tr id="xdx_409_ecustom--EffectOfExchangeRateFluctuation_iN_pn3n3_di_zywLSHvIK0xg" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Effect of exchange rate fluctuation</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(243</td> <td style="text-align: left; padding-bottom: 1pt">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(49</td> <td style="text-align: left; padding-bottom: 1pt">)</td> </tr> <tr id="xdx_40A_eus-gaap--DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets_iE_pn3n3_zAqpE7nFQVLl" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Projected employee benefit plan at the end of the year</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>3,978</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>2,545</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Amounts recognized in the Consolidated Balance Sheets</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr id="xdx_402_ecustom--RecordedInAccruedCompensationAndRelatedBenefitsCurrent_iN_pn3n3_di_zRbgT2SEqGrd" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Recorded in accrued compensation and related benefits, current</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(599</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(371</td> <td style="text-align: left">)</td> </tr> <tr id="xdx_409_ecustom--RecordedInOtherLiabilities_iN_pn3n3_di_zMnOuvmu0t3h" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Recorded in other liabilities</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(3,379</td> <td style="text-align: left; padding-bottom: 1pt">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(2,174</td> <td style="text-align: left; padding-bottom: 1pt">)</td> </tr> <tr id="xdx_401_ecustom--TotalProjectBenefitObligation_pn3n3_zrpNfM7isoUe" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Total project benefit obligation</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(3,978</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(2,545</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> </tr> </table> 2545000 1906000 259000 158000 703000 504000 544000 -114000 192000 1089000 765000 206000 243000 49000 3978000 2545000 599000 371000 3379000 2174000 -3978000 -2545000 <table cellpadding="0" cellspacing="0" id="xdx_891_eus-gaap--ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_pn3n3_zzmKBnx7fbYk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Employee Compensation and Benefits (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8B3_zxUC4XlxOjgh" style="display: none">Schedule of accumulated other comprehensive income</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td id="xdx_498_20250401__20260331_zllKHfiPoON9" style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td id="xdx_493_20240401__20250331_zUaFfeHs9Hy1" style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40F_ecustom--AccumulatedNetActuarialLoss_pn3n3_zR36O3wDmvb4" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Net actuarial loss</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">1,049</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">621</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_406_ecustom--AccumulatedDeferredIncomeTaxExpenseBenefit_pn3n3_zMXC4uc7aZY1" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Deferred tax</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(271</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(161</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> </tr> <tr id="xdx_40E_eus-gaap--DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax_pn3n3_z3BUQjCz6Ii" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Total</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>778</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>460</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> </tr> </table> 1049000 621000 -271000 -161000 778000 460000 <table cellpadding="0" cellspacing="0" id="xdx_898_eus-gaap--ScheduleOfComprehensiveIncomeLossTableTextBlock_pn3n3_zBUPQfgJaOg3" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Employee Compensation and Benefits (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B3_zFf0LRvCBk5a" style="display: none">Schedule of other comprehensive income /(loss)</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_498_20250401__20260331_zX9YeY19z5Xa" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_493_20240401__20250331_zh8fzo8Llem6" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_409_eus-gaap--OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax_pn3n3_zNwwehQUuEQ8" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Net actuarial (loss) / gain</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">114</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">(192</td> <td style="width: 1%; text-align: left">)</td> </tr> <tr id="xdx_40C_ecustom--NetPriorServiceCreditCost_pn3n3_z3ZJPz00G9La" style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Net prior service credit / (cost)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(641</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1490">-</span></td> <td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--AmortizationOfNetActuarialLossGain_iN_pn3n3_di_zwRMfqZCyLFd" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Amortization of net actuarial (loss) / gain</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">99</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">72</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_405_ecustom--DeferredTaxExpenseBenefit_pn3n3_zNe0tRlG4Pn2" style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Deferred tax benefit / (expense)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">110</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">35</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_400_ecustom--UnrecognizedActuarialLossGainOnEmployeeBenefitPlanObligations_pn3n3_zdItOMXElAY9" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.5pt">Unrecognized actuarial (loss) / gain on defined employee benefit plan obligations</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(318</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(85</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> </tr> </table> 114000 -192000 -641000 -99000 -72000 110000 35000 -318000 -85000 <table cellpadding="0" cellspacing="0" id="xdx_895_eus-gaap--ScheduleOfCostsOfRetirementPlansTableTextBlock_pn3n3_zuT0nTvAm2P8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Employee Compensation and Benefits (Details 3)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B6_z63i9Ee58FRl" style="display: none">Schedule of net defined benefit plan costs</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49F_20250401__20260331_zunkEYRpmnS9" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20240401__20250331_zZCkBDcoEdQd" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_404_eus-gaap--DefinedBenefitPlanServiceCost_pn3n3_zF0Iiwa8aoae" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Current Service costs</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">504</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">544</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_40E_ecustom--PastServiceCost_pn3n3_zuSYFrfKL9Ah" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Past service cost</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">62</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1507">-</span></td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40C_ecustom--DefinedBenefitPlanInterestCosts_pn3n3_z2l0biGYgir" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Interest costs</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">259</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">158</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40E_ecustom--Settlements_pn3n3_z5UUFcqcIjX1" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Settlements</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">20</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1513">-</span></td> <td style="text-align: left"> </td> </tr> <tr id="xdx_407_ecustom--DefinedBenefitPlanAmortizationLosses_pn3n3_ztDXD5Za5xK7" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Amortization of net actuarial loss</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">79</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">72</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_404_eus-gaap--DefinedBenefitPlanNetPeriodicBenefitCost_pn3n3_z6kc9yGTf3r7" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Net defined benefit plan costs</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>924</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>774</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> </tr> </table> 504000 544000 62000 259000 158000 20000 79000 72000 924000 774000 <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsTableTextBlock_pn3n3_zt4HmjSeRLP9" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Employee Compensation and Benefits (Details 4)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BE_z4Y0VTiV7vJ4" style="display: none">Schedule of weighted average assumptions used to determine benefit obligations</span></td> <td> </td> <td style="text-align: center; vertical-align: bottom"> </td> <td> </td> <td style="vertical-align: bottom; text-align: center"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <th style="padding-bottom: 0.5pt"> </th> <th style="padding-bottom: 0.5pt"> </th> <th colspan="3" style="border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom"><b>Year Ended<br/>March 31,</b></th> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="width: 67%; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom; width: 15%"><b>2026</b></td> <td style="width: 2%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center; width: 15%"><b>2025</b></td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Discount rate per annum</td> <td> </td> <td style="text-align: center; vertical-align: bottom"><span id="xdx_907_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_iI_pid_c20260331__srt--RangeAxis__srt--MinimumMember_zMcQso5uN3Gg" title="Discount rate per annum">8.04%</span> - <span id="xdx_90D_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_iI_pid_c20260331__srt--RangeAxis__srt--MaximumMember_zLalQv223A6l" title="Discount rate per annum">9.00%</span></td> <td> </td> <td style="vertical-align: bottom; text-align: center"><span id="xdx_908_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_iI_pid_c20250331__srt--RangeAxis__srt--MinimumMember_zLBP0zTvdipl" title="Discount rate per annum">8.28%</span> - <span id="xdx_906_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_iI_pid_c20250331__srt--RangeAxis__srt--MaximumMember_z9cs5pE9yp14" title="Discount rate per annum">9.10%</span></td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Rate of compensation increase per annum</td> <td> </td> <td style="text-align: center; vertical-align: bottom"><span id="xdx_907_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_iI_pid_c20260331__srt--RangeAxis__srt--MinimumMember_zdYYhqB6247d" title="Rate of compensation increase per annum">7.00%</span> - <span id="xdx_903_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_iI_pid_c20260331__srt--RangeAxis__srt--MaximumMember_zm6Es2fFYmpd" title="Rate of compensation increase per annum">10.00%</span></td> <td> </td> <td style="vertical-align: bottom; text-align: center"><span id="xdx_90B_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_iI_pid_c20250331__srt--RangeAxis__srt--MinimumMember_zf3aeg1aJAlb" title="Rate of compensation increase per annum">7.00%</span> - <span id="xdx_900_eus-gaap--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_iI_pid_c20250331__srt--RangeAxis__srt--MaximumMember_zde7kLt4v3Vf" title="Rate of compensation increase per annum">10.00%</span></td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Rate of employee turnover per annum</td> <td> </td> <td style="text-align: center; vertical-align: bottom"><span id="xdx_90E_ecustom--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfEmployeeTurnover_iI_pid_c20260331__srt--RangeAxis__srt--MinimumMember_zv0DONxnk8T2" title="Rate of employee turnover per annum">15.00%</span> - <span id="xdx_90F_ecustom--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfEmployeeTurnover_iI_pid_c20260331__srt--RangeAxis__srt--MaximumMember_zdS8Fw3BUURg" title="Rate of employee turnover per annum">20.00%</span></td> <td> </td> <td style="vertical-align: bottom; text-align: center"><span id="xdx_903_ecustom--DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfEmployeeTurnover_iI_pid_c20250331_zNfJoVd4lN7l" title="Rate of employee turnover per annum">20.00%</span></td> </tr> </table> 0.0804 0.0900 0.0828 0.0910 0.0700 0.1000 0.0700 0.1000 0.1500 0.2000 0.2000 <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfExpectedBenefitPaymentsTableTextBlock_pn3n3_zkY4gfpxK5h5" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Employee Compensation and Benefits (Details 5)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B0_zHWORnwYe178" style="display: none">Schedule of expected benefit payments</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49F_20260331_zj3mnWFXcHqc" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Expected benefit payments during</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,<br/>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40C_eus-gaap--DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_iI_pn3n3_zHjrKUUO3xh5" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Year 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">600</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_405_eus-gaap--DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_iI_pn3n3_zQyQ3gYdugj7" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Year 2</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">713</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40E_eus-gaap--DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_iI_pn3n3_zgPPGtfiNKF4" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Year 3</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">807</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40F_eus-gaap--DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_iI_pn3n3_z0qnjVXck5T8" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Year 4</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">870</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_405_eus-gaap--DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_iI_pn3n3_zsCOOFClBhGe" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Year 5</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">934</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_404_eus-gaap--DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_iI_pn3n3_zksxRH6hOKqb" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Year 6 to Year 10</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">4,033</td> <td style="text-align: left"> </td> </tr> </table> 600000 713000 807000 870000 934000 4033000 <p id="xdx_802_eus-gaap--IncomeTaxDisclosureTextBlock_z65P0JrkNyG7" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 12 - <span id="xdx_82C_zAF60BsSQzl7">Income Taxes</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s income tax expense majorly pertains to the Indian jurisdiction. Income / (Loss) before income taxes for the year ended March 31, 2026 and 2025, are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_893_eus-gaap--SummaryOfIncomeTaxContingenciesTextBlock_pn3n3_zzNoodg7UG5g" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_z8AXaZQ2zJcd" style="display: none">Schedule of income taxes majorly pertains</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">United States</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_982_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--US_zWvbNBzo7y7f" style="width: 9%; text-align: right" title="Total">142</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_985_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__country--US_zGegw33dujxj" style="width: 9%; text-align: right" title="Total">956</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">India</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98E_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--IN_zXNpZ7sJG0Yd" style="text-align: right" title="Total">4,928</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_989_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__country--IN_zZnKAvwTrUsb" style="text-align: right" title="Total">(8,175</td> <td style="text-align: left">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Cayman Islands</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_986_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--KY_zlQveADy9quj" style="text-align: right" title="Total">(2,738</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__country--KY_zlmxFNTk79lc" style="text-align: right" title="Total">3,745</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">UAE</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_987_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--AE_zH2kM6PYqMM" style="text-align: right" title="Total">1,090</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__country--AE_zbVGE3uCF5N7" style="text-align: right" title="Total">(1,064</td> <td style="text-align: left">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Singapore</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98B_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--SG_zwSDpka3owP1" style="text-align: right" title="Total">(336</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_981_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__country--SG_zZWSi8SYk62i" style="text-align: right" title="Total">(18,701</td> <td style="text-align: left">)</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Mexico</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98F_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--MX_zd6zJVx36jGf" style="border-bottom: Black 1pt solid; text-align: right" title="Total">2,379</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__country--MX_zim8FmBhwkKi" style="border-bottom: Black 1pt solid; text-align: right" title="Total">572</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Total</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98E_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331_z6qTitiKGAI2" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><b>5,465</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98E_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331_zWV8mBCG14Q4" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><b>(22,667</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> </tr> </table> <p id="xdx_8AA_z5vKkN9b0Bjd" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Provision for income taxes for the year ended March 31, 2026 and March 31, 2025, consisted of the following:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--ScheduleOfProvisionForIncomeTaxesTableTextBlock_pn3n3_z9t0w0lbFhZ8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt"><span id="xdx_8B1_zEHWQQ0aCK15" style="display: none">Schedule of provision for income taxes</span></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20250401__20260331_zjdbfXpoEePc" style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td id="xdx_49A_20240401__20250331_zo24f7MH18Ye" style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40A_eus-gaap--CurrentIncomeTaxExpenseBenefit_pn3n3_maITEBzGi5_z3IeFmzfU1t5" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Current tax provision</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">1,819</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">1,037</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_407_eus-gaap--DeferredIncomeTaxExpenseBenefit_pn3n3_maITEBzGi5_zep6cN196DYa" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Deferred tax expense / (benefit)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">172</td> <td style="text-align: left; padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(2,109</td> <td style="text-align: left; padding-bottom: 1pt">)</td> </tr> <tr id="xdx_40D_eus-gaap--IncomeTaxExpenseBenefit_iT_pn3n3_mtITEBzGi5_z09a4ho7Z3Fh" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Provision for Income Taxes</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>1,991</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(1,072</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> </tr> </table> <p id="xdx_8A6_zxEJTglFZHzc" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Income tax expense / (benefit) for the years ended March 31, 2026 and, 2025 is allocated as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_894_eus-gaap--ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_pn3n3_zIieMVmOTcbb" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B3_zdKnqqwLc5vk" style="display: none">Schedule of income tax expense</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20250401__20260331_zpfbwZ4Tvihf" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49A_20240401__20250331_zICTQ1ROucu5" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_403_eus-gaap--IncomeLossFromContinuingOperations_pn3n3_maITEzexK_zDOS3GXgVhO4" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Income / (Loss) from operations</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">1,991</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">(1,072</td> <td style="width: 1%; text-align: left">)</td> </tr> <tr id="xdx_401_eus-gaap--OtherComprehensiveIncomeLossTaxAbstract_iB_zuvVap3hdsok" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Other comprehensive loss</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr id="xdx_405_eus-gaap--DefinedBenefitPlanOtherCosts_i01N_pn3n3_di_msITEzexK_z6LBHff4hPw7" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Unrecognized actuarial (loss) / gain on defined employee benefit plan obligations</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(110</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(35</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> </tr> <tr id="xdx_400_ecustom--IncomeTaxExpense_i01T_pn3n3_mtITEzexK_zNcPiEdexLyh" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Total</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>1,881</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(1,107</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> </tr> </table> <p id="xdx_8A5_zDZdCVL1Asfk" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">A reconciliation of the provision for income taxes, with the amount computed by applying the income tax rate for the Company to income before provision for income taxes for year ended March 31, 2026 and March 31, 2025, is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_895_eus-gaap--ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_pn3n3_zNpJga1vZ2Hc" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details 3)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BA_zCfypxqsW2T6" style="display: none">Schedule of income tax rate</span></td> <td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td> <td id="xdx_49B_20250401__20260331_zfDl99fsMKkc" style="text-align: right; width: 9%"> </td> <td style="text-align: left; width: 1%"> </td> <td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td> <td style="text-align: right; width: 9%"> </td> <td style="text-align: left; width: 1%"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,<br/> 2026</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Amount</b></td> <td style="padding-bottom: 1pt; text-align: center"><b> </b></td> <td style="padding-bottom: 1pt; text-align: center"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Percentage</b></td> <td style="padding-bottom: 1pt"><b> </b></td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Income tax expense at tax rates applicable to the Company</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_pn3n3_c20250401__20260331_zOGl8nRIN4jb" title="Income tax expense at tax rates applicable to the Company, amount"><span style="-sec-ix-hidden: xdx2ixbrl1620">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_c20250401__20260331_zi9Wwn3jAqPd" title="Income tax expense at tax rates applicable to the Company, rate">0</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr id="xdx_402_ecustom--IncreaseDecreaseInIncomeTaxesResultingFromAbstract_iB_zs0K7crniJq2" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Increase (decrease) in income taxes resulting from:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Non-deductible expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_pn3n3_c20250401__20260331_zF7UXUvUs7G9" title="Non-deductible expenses, amount">273</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_pid_dp_c20250401__20260331_zxUulAd4hcEb" title="Non-deductible expenses, rate">5</span></td> <td style="text-align: left">%</td> </tr> <tr id="xdx_40F_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_pn3n3_zuusZrHcrJTf" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Valuation allowance</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(49</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1</td> <td style="text-align: left">)%</td> </tr> <tr id="xdx_406_ecustom--IncomeTaxReconciliationTaxOfEarlierYear_pn3n3_zKGap4udPL3f" style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Tax of earlier year</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">18</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">0</td> <td style="text-align: left">%</td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">True down / up</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--IncomeTaxReconciliationTrueUpDown_pn3n3_c20250401__20260331_ztElPdiC3NSa" title="True down / up, amount">(494</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--EffectiveIncomeTaxRateTrueDownUpRate_pid_dp_c20250401__20260331_zbSDMbY4UO93" title="True down / up, rate">(9</span></td> <td style="text-align: left">)%</td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Loss / (income) taxed at different tax rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eus-gaap--IncomeTaxReconciliationForeignIncomeTaxRateDifferential_pn3n3_c20250401__20260331_zp918MLxsZ1" title="Loss / (income) taxed at different tax rate, amount">(3</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eus-gaap--EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_pid_dp_c20250401__20260331_zB5g5g9hl6e9" title="Loss / (income) taxed at different tax rate, rate">0</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Adjustments for change in rates due to different tax jurisdiction</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_ecustom--EffectiveIncomeTaxRateReconciliationNondeductibleExpenseAdjustmentsForChangeInRatesDueToDifferentTaxJurisdiction_pn3n3_c20250401__20260331_zumajsIctFU" title="Adjustments for change in rates due to different tax jurisdiction, amount">1,808</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_ecustom--EffectiveIncomeTaxRateReconciliationAdjustmentsForChangeInRatesDueToDifferentTaxJurisdictionRate_pid_dp_c20250401__20260331_zb73cOQZS96i" title="Adjustments for change in rates due to different tax jurisdiction, rate">33</span></td> <td style="text-align: left">%</td> </tr> <tr id="xdx_40B_ecustom--EffectiveIncomeTaxRateReconciliationSetOffAgainstBroughtForwardLosses_pn3n3_z74aG8UTUPNb" style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Set off against brought forward losses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1646">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40C_eus-gaap--EffectiveIncomeTaxRateReconciliationGiltiAmount_pn3n3_zAjeZZFxSkK" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">GILTI inclusion</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1648">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Foreign Dividends gross-up and additional employee deduction for employee hired-80JJA</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_ecustom--ForeignDividendsGrossupAndAdditionalEmployeeDeductionForEmployeeHired_pn3n3_c20250401__20260331_zVbes0KqiPx1" title="Foreign Dividends gross-up and additional employee deduction for employee hired-80JJA">(3</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--ForeignDividendsGrossupAndAdditionalEmployeeDeductionForEmployeeHiredRate_pid_dp_c20250401__20260331_z9DpnK401bO3" title="Foreign Dividends gross-up and additional employee deduction for employee hired-80JJA, rate">0</span></td> <td style="text-align: left">%</td> </tr> <tr id="xdx_404_ecustom--FtcClaim_pn3n3_znS5gxyNZE8f" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">FTC Claim</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Others</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_eus-gaap--IncomeTaxReconciliationOtherAdjustments_pn3n3_c20250401__20260331_zvW7kVZ1yy74" title="Others">441</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: #000000 1pt solid; text-align: left"> </td> <td style="border-bottom: #000000 1pt solid; text-align: right"><span id="xdx_906_eus-gaap--EffectiveIncomeTaxRateReconciliationOtherAdjustments_pid_dp_c20250401__20260331_zeAExqtnWeG9" title="Others, rate">8</span></td> <td style="text-align: left; padding-bottom: 0.5pt">%</td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Provision for income tax</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90F_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_c20250401__20260331_zHnnw7tMNgN7" title="Provision for income tax">1,991</span></b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90F_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_pid_dp_c20250401__20260331_z6IVByB9DC88" title="Effective tax rate">36</span></b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>%</b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left"></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20240401__20250331_zxz3PhLLs7Bl" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center"> </td> <td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Year Ended<br/>March 31,</td> <td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_409_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_zdMVY7lOGUa4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 88%; text-align: left">(Loss) before income tax expense</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">(22,667</td> <td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_pn3n3_zta6z9PQTbr9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Income tax expense at tax rates applicable to the Company (i.e., 0%)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1666">-</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_ecustom--IncreaseDecreaseInIncomeTaxesResultingFromAbstract_iB_zbe2Bnifjy0d" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Increase (decrease) in income taxes resulting from:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_i01_pn3n3_zho3ZeESOkK5" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Non-deductible expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">812</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_i01_pn3n3_zuleWwXDSmgl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Valuation allowance</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,871</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40E_ecustom--IncomeTaxReconciliationTaxOfEarlierYear_i01_pn3n3_zUizhSxChVt9" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Tax of earlier year</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">270</td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--IncomeTaxReconciliationTrueUpDown_i01_pn3n3_zj6g9QEBuLtf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">True down / up</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(85</td> <td style="text-align: left">)</td></tr> <tr id="xdx_405_eus-gaap--IncomeTaxReconciliationForeignIncomeTaxRateDifferential_i01_pn3n3_zO78tye4jOK7" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Loss / (income) taxed at different tax rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(4</td> <td style="text-align: left">)</td></tr> <tr id="xdx_402_ecustom--EffectiveIncomeTaxRateReconciliationNondeductibleExpenseAdjustmentsForChangeInRatesDueToDifferentTaxJurisdiction_i01_pn3n3_zg8e1X1wSlJg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Adjustments for change in rates due to different tax jurisdiction</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(4,931</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40F_ecustom--EffectiveIncomeTaxRateReconciliationSetOffAgainstBroughtForwardLosses_i01_pn3n3_zEefldH11mul" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Set off against brought forward losses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(76</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40F_eus-gaap--EffectiveIncomeTaxRateReconciliationGiltiAmount_i01_pn3n3_zxnyvJD6UA53" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">GILTI inclusion</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">113</td> <td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--ForeignDividendsGrossupAndAdditionalEmployeeDeductionForEmployeeHired_i01_pn3n3_zO3TmyJEGH6b" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Foreign Dividends gross-up and additional employee deduction for employee hired-80JJA</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2</td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--FtcClaim_i01_pn3n3_zQTnAinw7KHa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">FTC Claim</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(100</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40E_eus-gaap--IncomeTaxReconciliationOtherAdjustments_i01_pn3n3_zyKd349owgC" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Others</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">56</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_zebyrbfYosm3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 2.5pt">Provision for income tax</td> <td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(1,072</td> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_40A_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_pid_dp_zPGjkgQAZpI4" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Effective tax rate</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">4.73</td> <td style="padding-bottom: 1pt; text-align: left">%</td></tr> </table> <p id="xdx_8AD_zdhmr6Ep2TNa" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Significant components of the Company’s deferred taxes as of March 31, 2026 and 2025, are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_pn3n3_zDY6TgaeTXy9" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details 4)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BE_z3uNHK1LDw77" style="display: none">Schedule of deferred taxes</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20260331__srt--StatementGeographicalAxis__country--IN_zvtBiNubDvSf" style="text-align: right"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td id="xdx_497_20260331__srt--StatementGeographicalAxis__country--SG_z1PkyCBgy8c5" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_491_20260331__srt--StatementGeographicalAxis__country--US_zK7OMwrkadJ" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49E_20260331__srt--StatementGeographicalAxis__country--AE_zXKyJbmKQN1l" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20260331__srt--StatementGeographicalAxis__country--MX_zYGOCUPEP9P6" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_495_20250331__srt--StatementGeographicalAxis__country--IN_zAxxmGDPF9ob" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49A_20250331__srt--StatementGeographicalAxis__country--SG_zIwroaJISc41" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20250331__srt--StatementGeographicalAxis__country--US_zODWIs3hZUxb" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_490_20250331__srt--StatementGeographicalAxis__country--AE_zdhCu92gHe8" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_499_20250331__srt--StatementGeographicalAxis__country--MX_ztg9VoOsGDWj" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="38" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>As of March 31,</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="18" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="18" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>India</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: center; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Singapore</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>USA</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>UAE</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Mexico</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>India</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Singapore</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>USA</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>UAE</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Mexico</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40A_eus-gaap--DeferredIncomeTaxesAbstract_iB_zeMlK4WflLtd" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 20%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Deferred tax assets:</b></span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_405_eus-gaap--DeferredTaxAssetsPropertyPlantAndEquipment_i01I_pn3n3_maDTAGzBWQ_zNZlyRj3ChC2" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Property and equipment</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">530</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1711">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1712">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1713">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1714">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">541</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1716">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1717">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1718">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1719">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40D_ecustom--DeferredTaxAssetsGratuity_i01I_pn3n3_maDTAGzBWQ_zdlddqPfmh68" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gratuity</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">936</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1722">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1723">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1724">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1725">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">605</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1727">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1728">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1729">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1730">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40B_ecustom--DeferredTaxTradePayables_i01I_pn3n3_maDTAGzBWQ_z4aPPu6GRAg8" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Trade Payables</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1732">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1733">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1734">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1735">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1736">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1737">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">178</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1739">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1740">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1741">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40F_eus-gaap--DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences_i01I_pn3n3_maDTAGzBWQ_zgqAvHP2NGKh" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Compensated absences</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">742</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1744">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1745">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1746">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1747">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">612</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1749">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1750">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1751">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1752">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40B_ecustom--DeferredTaxAssetsExpensesAllowedOnPaymentBasisUponDepositOfWithholdingTaxesUnderSection43b40aiaOfIndianIncomeTaxAct1961_i01NI_pn3n3_di_msDTAGzBWQ_zq8dFTjC8su5" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Expenses allowed on payment basis / upon deposit of withholding taxes under section 43B / 40(a)(ia) of Indian Income Tax Act, 1961</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">72</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1755">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1756">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1757">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1758">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">83</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1760">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1761">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1762">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1763">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40D_ecustom--NetOperatingLosses_i01I_pn3n3_maDTAGzBWQ_zzWOYTtlzbsf" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net operating losses</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">765</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,749</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1767">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1768">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1769">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,245</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,597</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1772">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">96</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1774">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_406_ecustom--DeferredTaxAssetsFinanceLease_i01I_pn3n3_maDTAGzBWQ_zzwoZ0jdVuc7" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Finance lease</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1776">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1777">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1778">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1779">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1780">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1781">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1782">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1783">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1784">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1785">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40C_eus-gaap--DeferredTaxAssetsGoodwillAndIntangibleAssets_i01I_pn3n3_maDTAGzBWQ_zcFdwWnkS4l6" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Intangible assets under development</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1787">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1788">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1789">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1790">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1791">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(5</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1793">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1794">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1795">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1796">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40E_ecustom--DeferredTaxAssetsProvisionForExpenses_i01I_pn3n3_maDTAGzBWQ_zCN7ta6xvNLj" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Provision for expenses</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">337</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1799">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">172</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1801">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">97</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">906</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1804">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">58</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1806">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">90</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40C_ecustom--DeferredTaxAssetsOperatingLeaseLiabilities_i01I_pn3n3_maDTAGzBWQ_zhbPfqGyl0I2" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating lease liabilities</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,273</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1810">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1811">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1812">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1813">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,413</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1815">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1816">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1817">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1818">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_407_eus-gaap--DeferredTaxAssetsOther_i01I_pn3n3_maDTAGzBWQ_zcUHgBf9att1" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Others</span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1821">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1822">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1823">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1824">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1826">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1827">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1828">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1829">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_405_ecustom--DeferredTaxAssetBeforeValuationAllowance_i01TI_pn3n3_mtDTAGzBWQ_maDTANzkzr_z6arlGdz9V58" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Deferred tax asset before valuation allowance</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>5,657</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2,749</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>172</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="-sec-ix-hidden: xdx2ixbrl1834">-</span></b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>97</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>6,402</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2,775</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>58</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>96</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>90</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_407_eus-gaap--DeferredTaxAssetsValuationAllowance_i01NI_pn3n3_di_msDTANzkzr_zgSeaH68UGjb" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Valuation Allowance</span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1842">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,749</span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1844">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1845">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1846">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1847">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,775</span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1849">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(96</span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1851">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40E_eus-gaap--DeferredTaxAssetsNet_i01TI_pn3n3_mtDTANzkzr_maNDTALz46l_zkP4OI55a2E9" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Deferred tax asset, net of valuation allowance</b></span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>5,657</b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="-sec-ix-hidden: xdx2ixbrl1854">-</span></b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>172</b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="-sec-ix-hidden: xdx2ixbrl1856">-</span></b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>97</b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>6,402</b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="-sec-ix-hidden: xdx2ixbrl1859">-</span></b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>58</b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="-sec-ix-hidden: xdx2ixbrl1861">-</span></b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>90</b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="38" style="border-bottom: Black 1pt solid; text-align: center"><b>As of March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="18" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="18" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>India</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Singapore</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>USA</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>UAE</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Mexico</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>India</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Singapore</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>USA</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>UAE</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Mexico</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_400_eus-gaap--DeferredTaxLiabilitiesAbstract_iB_zo5QspZgRAi3" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 20%"><b>Deferred tax liabilities:</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_404_eus-gaap--DeferredTaxLiabilitiesInvestments_i01NI_pn3n3_di_maDITLzMlE_zT8f8iEsHDuh" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Investments</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(232</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1876">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1877">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1878">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1879">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(192</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1881">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1882">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1883">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1884">-</span></td> <td style="text-align: left"> </td> </tr> <tr id="xdx_409_eus-gaap--DeferredTaxLiabilitiesPropertyPlantAndEquipment_i01NI_pn3n3_di_maDITLzMlE_zNjWKJaI9c77" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Property and equipment</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1886">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1887">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1889">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(12</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1891">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1892">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1894">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(3</td> <td style="text-align: left">)</td> </tr> <tr id="xdx_40C_ecustom--DeferredTaxLiabilitiesOperatingRightofuseAssets_i01NI_pn3n3_di_maDITLzMlE_zORUNdX0fS2h" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Operating right-of-use assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,161</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1898">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1899">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1900">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1901">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,306</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1903">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1904">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1905">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1906">-</span></td> <td style="text-align: left"> </td> </tr> <tr id="xdx_406_ecustom--UnbilledRevenue_i01NI_pn3n3_di_maDITLzMlE_zz6259I0srz4" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Unbilled Revenue</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1908">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1909">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1910">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1911">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1912">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1913">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1914">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1915">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1916">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(91</td> <td style="text-align: left">)</td> </tr> <tr id="xdx_40E_eus-gaap--DeferredTaxLiabilitiesOther_i01NI_pn3n3_di_maDITLzMlE_zKBpllqZhahk" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Others</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(28</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1920">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1921">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1922">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(32</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1925">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1926">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1927">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40D_eus-gaap--DeferredIncomeTaxLiabilities_i01NTI_pn3n3_di_mtDITLzMlE_msNDTALz46l_zscFTtUj0li" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Deferred tax liability</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(2,421</b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1931">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(1</b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span style="-sec-ix-hidden: xdx2ixbrl1933">-</span></b></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(12</b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(2,530</b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1936">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(1</b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span style="-sec-ix-hidden: xdx2ixbrl1938">-</span></b></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(94</b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> </tr> <tr id="xdx_40C_ecustom--NetDeferredTaxAssetLiability_i01TI_pn3n3_mtNDTALz46l_zz8TFdGhb3Y3" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Net deferred tax asset (liability)</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>3,236</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span style="-sec-ix-hidden: xdx2ixbrl1942">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>171</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span style="-sec-ix-hidden: xdx2ixbrl1944">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>85</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>3,872</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span style="-sec-ix-hidden: xdx2ixbrl1947">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>57</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span style="-sec-ix-hidden: xdx2ixbrl1949">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(4</b></td> <td style="text-align: left; padding-bottom: 2.25pt"><b>)</b></td> </tr> </table> <p id="xdx_8A7_zW4wZRGeBjeg" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--ScheduleOfDeferredTaxAssetsTableTextBlock_pn3n3_zTXVTETqpIB" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details 5)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8B7_zhY29zxNApl7" style="display: none">Components of deferred taxes</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Classified as</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Deferred tax assets non-current</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_909_eus-gaap--DeferredIncomeTaxesAndOtherAssetsNoncurrent_iI_pn3n3_c20260331_zSROlGZQbeI5" title="Deferred tax assets non-current">3,689</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_904_eus-gaap--DeferredIncomeTaxesAndOtherAssetsNoncurrent_iI_pn3n3_c20250331_zXh6krWuDrn" title="Deferred tax assets non-current">4,064</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Deferred tax liabilities non-current</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_eus-gaap--DeferredTaxAndOtherLiabilitiesNoncurrent_iI_pn3n3_c20260331_zduUwenAN5m9" title="Deferred tax liabilities non-current">197</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_eus-gaap--DeferredTaxAndOtherLiabilitiesNoncurrent_iI_pn3n3_c20250331_z93l1z56Oomb" title="Deferred tax liabilities non-current">139</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90C_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iI_pn3n3_c20260331_z5CjR76TPJe7" title="Net deferred tax asset (liability)">3,492</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90C_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iI_pn3n3_c20250331_zcJnqAFG5Lgc" title="Net deferred tax asset (liability)">3,925</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p id="xdx_8A1_zLWr6J8TDIDe" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Net cash paid (refunds received) for income taxes for the year ended March 31, 2026 are as follows:</p> <p style="margin-top: 0; margin-bottom: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--ScheduleOfNetCashPaidIncomeTaxsTableTextBlock_pn3n3_zVfV7icrJBXd" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details 6)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8B6_zNIQSEov3hFh" style="display: none">Schedule of net cash paid for income taxes</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 88%; text-align: left">United States</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_906_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--US_z08PRGEPGHbe" title="Net cash paid for income taxes">292</span></td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">India</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--IN_zoWKROGVplS" title="Net cash paid for income taxes">784</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Cayman Islands</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--KY_zbLf9xr4gVYj" title="Net cash paid for income taxes"><span style="-sec-ix-hidden: xdx2ixbrl1973">-</span></span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">UAE</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--AE_zZgdY4eSwBPd" title="Net cash paid for income taxes"><span style="-sec-ix-hidden: xdx2ixbrl1975">-</span></span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Singapore</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--SG_z5lgEOkBZYm5" title="Net cash paid for income taxes"><span style="-sec-ix-hidden: xdx2ixbrl1977">-</span></span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Mexico</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--MX_zO7xo2lFFv64" title="Net cash paid for income taxes">203</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.25in; font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total</td> <td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span id="xdx_902_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331_zr3ll4SAjYRb" title="Net cash paid for income taxes">1,280</span></td> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table> <p id="xdx_8A5_zS1UkIRpYgM4" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Net operating loss</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has carry forward losses of $<span id="xdx_902_eus-gaap--OperatingLossCarryforwards_iI_pn3n3_c20290331_zvmqqLY8bh7a" title="Net operating loss">35</span>, $<span id="xdx_907_eus-gaap--OperatingLossCarryforwards_iI_pn3n3_c20300331_z4Oqh5vrlfGd" title="Net operating loss">70</span> &amp; $<span id="xdx_907_eus-gaap--OperatingLossCarryforwards_iI_pn3n3_c20330331_zgKWYVqV8pQl" title="Net operating loss">2,975</span> in the Indian jurisdiction, which will get expired in financial years 2028-29; 2029-30 and 2032-33 respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">With certain immaterial exceptions, the Company is no longer subject to U.S. federal, state and local or other U.S. income tax examinations by taxing authorities for years prior to 2022. The Company’s subsidiaries in India are open to examination by relevant taxing authorities for tax years beginning on or after April 1, 2016. The Company regularly reviews the likelihood of additional tax assessments and adjusts its unrecognized tax benefits as additional information or events require.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Valuation Allowances</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026, the Company maintained valuation allowances of $2,749 for deferred tax assets that are not more likely than not to be realized, which primarily included deferred tax assets towards Net Operating Losses (NOL) in Singapore and UAE jurisdictions. The valuation allowances on our deferred tax assets decreased by $<span id="xdx_905_eus-gaap--DeferredTaxAssetsValuationAllowance_iI_pn3n3_c20260331_ztHvAwTxXi47" title="Valuation allowances">122</span> in year ended March 31, 2026 as compared to increase by $<span id="xdx_904_eus-gaap--DeferredTaxAssetsValuationAllowance_iI_pn3n3_c20250331_zpzjeT3XpVfd" title="Valuation allowances">2,871</span> during the year ended March 31, 2025, respectively. During the year ended March 2026, based on the relevant weight of positive and negative evidence, including the amount of net operating losses in recent years, and consideration of our future taxable earnings, we concluded most of our Singapore and UAE deferred tax assets are not more like than to be realized. Our deferred tax assets without valuation allowances are more like than not to be realized given the expectation of future earnings in the respective jurisdictions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Unrecognized tax benefits</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company recognizes financial statement benefit of a tax position only after determining that the relevant tax authority would more-likely-than-not sustain the position following an audit. As of March 31, 2026 and March 31, 2025, the Company does <span id="xdx_90C_eus-gaap--UnrecognizedTaxBenefits_iI_pn3n3_do_c20250331_zVyHYDDy5bc1" title="Unrecognized tax benefits"><span id="xdx_90C_eus-gaap--UnrecognizedTaxBenefits_iI_pn3n3_do_c20260331_z9F2od7TGzqi" title="Unrecognized tax benefits">no</span></span>t have any unrecognized tax benefits with a significant impact on its consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s major tax jurisdictions are Singapore, India, the United States, and Mexico. Generally accepted accounting principles requires the Company’s management to evaluate tax positions taken by the Company and recognize a tax liability for any uncertain positions that more likely than not would not be sustained upon examination by the Internal Revenue System (the “IRS”) or a foreign jurisdiction taxing authority. The Company is subject to routine audits by tax authorities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Deferred tax has not been recognized on the excess of the amount for financial reporting over the tax basis of investments in foreign subsidiaries that is indefinitely reinvested. This amount becomes taxable upon a repatriation of assets from the subsidiary or a sale or liquidation of the subsidiary. The amount of such temporary differences totaled approximately $10,435, with an income tax impact of approximately $1,454 as of March 31, 2026.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_893_eus-gaap--SummaryOfIncomeTaxContingenciesTextBlock_pn3n3_zzNoodg7UG5g" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_z8AXaZQ2zJcd" style="display: none">Schedule of income taxes majorly pertains</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">United States</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_982_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--US_zWvbNBzo7y7f" style="width: 9%; text-align: right" title="Total">142</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_985_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__country--US_zGegw33dujxj" style="width: 9%; text-align: right" title="Total">956</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">India</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98E_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--IN_zXNpZ7sJG0Yd" style="text-align: right" title="Total">4,928</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_989_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__country--IN_zZnKAvwTrUsb" style="text-align: right" title="Total">(8,175</td> <td style="text-align: left">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Cayman Islands</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_986_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--KY_zlQveADy9quj" style="text-align: right" title="Total">(2,738</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__country--KY_zlmxFNTk79lc" style="text-align: right" title="Total">3,745</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">UAE</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_987_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--AE_zH2kM6PYqMM" style="text-align: right" title="Total">1,090</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__country--AE_zbVGE3uCF5N7" style="text-align: right" title="Total">(1,064</td> <td style="text-align: left">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Singapore</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98B_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--SG_zwSDpka3owP1" style="text-align: right" title="Total">(336</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_981_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__country--SG_zZWSi8SYk62i" style="text-align: right" title="Total">(18,701</td> <td style="text-align: left">)</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Mexico</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98F_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--MX_zd6zJVx36jGf" style="border-bottom: Black 1pt solid; text-align: right" title="Total">2,379</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331__srt--StatementGeographicalAxis__country--MX_zim8FmBhwkKi" style="border-bottom: Black 1pt solid; text-align: right" title="Total">572</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Total</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98E_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20250401__20260331_z6qTitiKGAI2" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><b>5,465</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98E_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_c20240401__20250331_zWV8mBCG14Q4" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><b>(22,667</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> </tr> </table> 142000 956000 4928000 -8175000 -2738000 3745000 1090000 -1064000 -336000 -18701000 2379000 572000 5465000 -22667000 <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--ScheduleOfProvisionForIncomeTaxesTableTextBlock_pn3n3_z9t0w0lbFhZ8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt"><span id="xdx_8B1_zEHWQQ0aCK15" style="display: none">Schedule of provision for income taxes</span></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20250401__20260331_zjdbfXpoEePc" style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td id="xdx_49A_20240401__20250331_zo24f7MH18Ye" style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 1pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40A_eus-gaap--CurrentIncomeTaxExpenseBenefit_pn3n3_maITEBzGi5_z3IeFmzfU1t5" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Current tax provision</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">1,819</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">1,037</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_407_eus-gaap--DeferredIncomeTaxExpenseBenefit_pn3n3_maITEBzGi5_zep6cN196DYa" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Deferred tax expense / (benefit)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">172</td> <td style="text-align: left; padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(2,109</td> <td style="text-align: left; padding-bottom: 1pt">)</td> </tr> <tr id="xdx_40D_eus-gaap--IncomeTaxExpenseBenefit_iT_pn3n3_mtITEBzGi5_z09a4ho7Z3Fh" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Provision for Income Taxes</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>1,991</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(1,072</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> </tr> </table> 1819000 1037000 172000 -2109000 1991000 -1072000 <table cellpadding="0" cellspacing="0" id="xdx_894_eus-gaap--ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_pn3n3_zIieMVmOTcbb" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B3_zdKnqqwLc5vk" style="display: none">Schedule of income tax expense</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20250401__20260331_zpfbwZ4Tvihf" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49A_20240401__20250331_zICTQ1ROucu5" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_403_eus-gaap--IncomeLossFromContinuingOperations_pn3n3_maITEzexK_zDOS3GXgVhO4" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Income / (Loss) from operations</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">1,991</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">(1,072</td> <td style="width: 1%; text-align: left">)</td> </tr> <tr id="xdx_401_eus-gaap--OtherComprehensiveIncomeLossTaxAbstract_iB_zuvVap3hdsok" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Other comprehensive loss</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr id="xdx_405_eus-gaap--DefinedBenefitPlanOtherCosts_i01N_pn3n3_di_msITEzexK_z6LBHff4hPw7" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Unrecognized actuarial (loss) / gain on defined employee benefit plan obligations</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(110</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(35</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> </tr> <tr id="xdx_400_ecustom--IncomeTaxExpense_i01T_pn3n3_mtITEzexK_zNcPiEdexLyh" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Total</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>1,881</b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(1,107</b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>)</b></td> </tr> </table> 1991000 -1072000 110000 35000 1881000 -1107000 <table cellpadding="0" cellspacing="0" id="xdx_895_eus-gaap--ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_pn3n3_zNpJga1vZ2Hc" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details 3)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BA_zCfypxqsW2T6" style="display: none">Schedule of income tax rate</span></td> <td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td> <td id="xdx_49B_20250401__20260331_zfDl99fsMKkc" style="text-align: right; width: 9%"> </td> <td style="text-align: left; width: 1%"> </td> <td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td> <td style="text-align: right; width: 9%"> </td> <td style="text-align: left; width: 1%"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,<br/> 2026</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Amount</b></td> <td style="padding-bottom: 1pt; text-align: center"><b> </b></td> <td style="padding-bottom: 1pt; text-align: center"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Percentage</b></td> <td style="padding-bottom: 1pt"><b> </b></td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Income tax expense at tax rates applicable to the Company</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_pn3n3_c20250401__20260331_zOGl8nRIN4jb" title="Income tax expense at tax rates applicable to the Company, amount"><span style="-sec-ix-hidden: xdx2ixbrl1620">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_c20250401__20260331_zi9Wwn3jAqPd" title="Income tax expense at tax rates applicable to the Company, rate">0</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr id="xdx_402_ecustom--IncreaseDecreaseInIncomeTaxesResultingFromAbstract_iB_zs0K7crniJq2" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Increase (decrease) in income taxes resulting from:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Non-deductible expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_pn3n3_c20250401__20260331_zF7UXUvUs7G9" title="Non-deductible expenses, amount">273</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--EffectiveIncomeTaxRateReconciliationNondeductibleExpense_pid_dp_c20250401__20260331_zxUulAd4hcEb" title="Non-deductible expenses, rate">5</span></td> <td style="text-align: left">%</td> </tr> <tr id="xdx_40F_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_pn3n3_zuusZrHcrJTf" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Valuation allowance</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(49</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1</td> <td style="text-align: left">)%</td> </tr> <tr id="xdx_406_ecustom--IncomeTaxReconciliationTaxOfEarlierYear_pn3n3_zKGap4udPL3f" style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Tax of earlier year</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">18</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">0</td> <td style="text-align: left">%</td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">True down / up</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--IncomeTaxReconciliationTrueUpDown_pn3n3_c20250401__20260331_ztElPdiC3NSa" title="True down / up, amount">(494</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--EffectiveIncomeTaxRateTrueDownUpRate_pid_dp_c20250401__20260331_zbSDMbY4UO93" title="True down / up, rate">(9</span></td> <td style="text-align: left">)%</td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Loss / (income) taxed at different tax rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eus-gaap--IncomeTaxReconciliationForeignIncomeTaxRateDifferential_pn3n3_c20250401__20260331_zp918MLxsZ1" title="Loss / (income) taxed at different tax rate, amount">(3</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eus-gaap--EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_pid_dp_c20250401__20260331_zB5g5g9hl6e9" title="Loss / (income) taxed at different tax rate, rate">0</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Adjustments for change in rates due to different tax jurisdiction</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_ecustom--EffectiveIncomeTaxRateReconciliationNondeductibleExpenseAdjustmentsForChangeInRatesDueToDifferentTaxJurisdiction_pn3n3_c20250401__20260331_zumajsIctFU" title="Adjustments for change in rates due to different tax jurisdiction, amount">1,808</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_ecustom--EffectiveIncomeTaxRateReconciliationAdjustmentsForChangeInRatesDueToDifferentTaxJurisdictionRate_pid_dp_c20250401__20260331_zb73cOQZS96i" title="Adjustments for change in rates due to different tax jurisdiction, rate">33</span></td> <td style="text-align: left">%</td> </tr> <tr id="xdx_40B_ecustom--EffectiveIncomeTaxRateReconciliationSetOffAgainstBroughtForwardLosses_pn3n3_z74aG8UTUPNb" style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Set off against brought forward losses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1646">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_40C_eus-gaap--EffectiveIncomeTaxRateReconciliationGiltiAmount_pn3n3_zAjeZZFxSkK" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">GILTI inclusion</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1648">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Foreign Dividends gross-up and additional employee deduction for employee hired-80JJA</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_ecustom--ForeignDividendsGrossupAndAdditionalEmployeeDeductionForEmployeeHired_pn3n3_c20250401__20260331_zVbes0KqiPx1" title="Foreign Dividends gross-up and additional employee deduction for employee hired-80JJA">(3</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--ForeignDividendsGrossupAndAdditionalEmployeeDeductionForEmployeeHiredRate_pid_dp_c20250401__20260331_z9DpnK401bO3" title="Foreign Dividends gross-up and additional employee deduction for employee hired-80JJA, rate">0</span></td> <td style="text-align: left">%</td> </tr> <tr id="xdx_404_ecustom--FtcClaim_pn3n3_znS5gxyNZE8f" style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">FTC Claim</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Others</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_eus-gaap--IncomeTaxReconciliationOtherAdjustments_pn3n3_c20250401__20260331_zvW7kVZ1yy74" title="Others">441</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: #000000 1pt solid; text-align: left"> </td> <td style="border-bottom: #000000 1pt solid; text-align: right"><span id="xdx_906_eus-gaap--EffectiveIncomeTaxRateReconciliationOtherAdjustments_pid_dp_c20250401__20260331_zeAExqtnWeG9" title="Others, rate">8</span></td> <td style="text-align: left; padding-bottom: 0.5pt">%</td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.5pt"><b>Provision for income tax</b></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90F_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_c20250401__20260331_zHnnw7tMNgN7" title="Provision for income tax">1,991</span></b></td> <td style="text-align: left; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90F_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_pid_dp_c20250401__20260331_z6IVByB9DC88" title="Effective tax rate">36</span></b></td> <td style="text-align: left; padding-bottom: 2.5pt"><b>%</b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left"></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20240401__20250331_zxz3PhLLs7Bl" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center"> </td> <td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Year Ended<br/>March 31,</td> <td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_409_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_zdMVY7lOGUa4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 88%; text-align: left">(Loss) before income tax expense</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">(22,667</td> <td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_pn3n3_zta6z9PQTbr9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Income tax expense at tax rates applicable to the Company (i.e., 0%)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1666">-</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_ecustom--IncreaseDecreaseInIncomeTaxesResultingFromAbstract_iB_zbe2Bnifjy0d" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Increase (decrease) in income taxes resulting from:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--IncomeTaxReconciliationNondeductibleExpense_i01_pn3n3_zho3ZeESOkK5" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Non-deductible expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">812</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_i01_pn3n3_zuleWwXDSmgl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Valuation allowance</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,871</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40E_ecustom--IncomeTaxReconciliationTaxOfEarlierYear_i01_pn3n3_zUizhSxChVt9" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Tax of earlier year</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">270</td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--IncomeTaxReconciliationTrueUpDown_i01_pn3n3_zj6g9QEBuLtf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">True down / up</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(85</td> <td style="text-align: left">)</td></tr> <tr id="xdx_405_eus-gaap--IncomeTaxReconciliationForeignIncomeTaxRateDifferential_i01_pn3n3_zO78tye4jOK7" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Loss / (income) taxed at different tax rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(4</td> <td style="text-align: left">)</td></tr> <tr id="xdx_402_ecustom--EffectiveIncomeTaxRateReconciliationNondeductibleExpenseAdjustmentsForChangeInRatesDueToDifferentTaxJurisdiction_i01_pn3n3_zg8e1X1wSlJg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Adjustments for change in rates due to different tax jurisdiction</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(4,931</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40F_ecustom--EffectiveIncomeTaxRateReconciliationSetOffAgainstBroughtForwardLosses_i01_pn3n3_zEefldH11mul" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Set off against brought forward losses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(76</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40F_eus-gaap--EffectiveIncomeTaxRateReconciliationGiltiAmount_i01_pn3n3_zxnyvJD6UA53" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">GILTI inclusion</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">113</td> <td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--ForeignDividendsGrossupAndAdditionalEmployeeDeductionForEmployeeHired_i01_pn3n3_zO3TmyJEGH6b" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Foreign Dividends gross-up and additional employee deduction for employee hired-80JJA</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2</td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--FtcClaim_i01_pn3n3_zQTnAinw7KHa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">FTC Claim</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(100</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40E_eus-gaap--IncomeTaxReconciliationOtherAdjustments_i01_pn3n3_zyKd349owgC" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Others</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">56</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_zebyrbfYosm3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 2.5pt">Provision for income tax</td> <td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(1,072</td> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_40A_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_pid_dp_zPGjkgQAZpI4" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Effective tax rate</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">4.73</td> <td style="padding-bottom: 1pt; text-align: left">%</td></tr> </table> 0 273000 0.05 -49000 18000 -494000 -0.09 -3000 0 1808000 0.33 -3000 0 441000 0.08 1991000 0.36 -22667000 812000 2871000 270000 -85000 -4000 -4931000 -76000 113000 2000 -100000 56000 -1072000 0.0473 <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_pn3n3_zDY6TgaeTXy9" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details 4)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BE_z3uNHK1LDw77" style="display: none">Schedule of deferred taxes</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20260331__srt--StatementGeographicalAxis__country--IN_zvtBiNubDvSf" style="text-align: right"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td id="xdx_497_20260331__srt--StatementGeographicalAxis__country--SG_z1PkyCBgy8c5" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_491_20260331__srt--StatementGeographicalAxis__country--US_zK7OMwrkadJ" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49E_20260331__srt--StatementGeographicalAxis__country--AE_zXKyJbmKQN1l" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20260331__srt--StatementGeographicalAxis__country--MX_zYGOCUPEP9P6" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_495_20250331__srt--StatementGeographicalAxis__country--IN_zAxxmGDPF9ob" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49A_20250331__srt--StatementGeographicalAxis__country--SG_zIwroaJISc41" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20250331__srt--StatementGeographicalAxis__country--US_zODWIs3hZUxb" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_490_20250331__srt--StatementGeographicalAxis__country--AE_zdhCu92gHe8" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_499_20250331__srt--StatementGeographicalAxis__country--MX_ztg9VoOsGDWj" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="38" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>As of March 31,</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="18" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="18" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>India</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: center; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Singapore</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>USA</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>UAE</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Mexico</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>India</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Singapore</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>USA</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>UAE</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Mexico</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40A_eus-gaap--DeferredIncomeTaxesAbstract_iB_zeMlK4WflLtd" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 20%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Deferred tax assets:</b></span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 5%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_405_eus-gaap--DeferredTaxAssetsPropertyPlantAndEquipment_i01I_pn3n3_maDTAGzBWQ_zNZlyRj3ChC2" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Property and equipment</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">530</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1711">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1712">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1713">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1714">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">541</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1716">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1717">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1718">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1719">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40D_ecustom--DeferredTaxAssetsGratuity_i01I_pn3n3_maDTAGzBWQ_zdlddqPfmh68" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gratuity</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">936</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1722">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1723">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1724">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1725">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">605</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1727">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1728">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1729">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1730">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40B_ecustom--DeferredTaxTradePayables_i01I_pn3n3_maDTAGzBWQ_z4aPPu6GRAg8" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Trade Payables</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1732">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1733">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1734">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1735">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1736">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1737">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">178</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1739">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1740">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1741">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40F_eus-gaap--DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences_i01I_pn3n3_maDTAGzBWQ_zgqAvHP2NGKh" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Compensated absences</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">742</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1744">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1745">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1746">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1747">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">612</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1749">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1750">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1751">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1752">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40B_ecustom--DeferredTaxAssetsExpensesAllowedOnPaymentBasisUponDepositOfWithholdingTaxesUnderSection43b40aiaOfIndianIncomeTaxAct1961_i01NI_pn3n3_di_msDTAGzBWQ_zq8dFTjC8su5" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Expenses allowed on payment basis / upon deposit of withholding taxes under section 43B / 40(a)(ia) of Indian Income Tax Act, 1961</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">72</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1755">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1756">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1757">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1758">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">83</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1760">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1761">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1762">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1763">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40D_ecustom--NetOperatingLosses_i01I_pn3n3_maDTAGzBWQ_zzWOYTtlzbsf" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net operating losses</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">765</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,749</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1767">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1768">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1769">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,245</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,597</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1772">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">96</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1774">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_406_ecustom--DeferredTaxAssetsFinanceLease_i01I_pn3n3_maDTAGzBWQ_zzwoZ0jdVuc7" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Finance lease</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1776">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1777">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1778">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1779">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1780">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1781">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1782">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1783">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1784">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1785">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40C_eus-gaap--DeferredTaxAssetsGoodwillAndIntangibleAssets_i01I_pn3n3_maDTAGzBWQ_zcFdwWnkS4l6" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Intangible assets under development</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1787">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1788">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1789">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1790">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1791">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(5</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1793">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1794">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1795">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1796">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40E_ecustom--DeferredTaxAssetsProvisionForExpenses_i01I_pn3n3_maDTAGzBWQ_zCN7ta6xvNLj" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Provision for expenses</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">337</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1799">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">172</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1801">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">97</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">906</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1804">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">58</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1806">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">90</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40C_ecustom--DeferredTaxAssetsOperatingLeaseLiabilities_i01I_pn3n3_maDTAGzBWQ_zhbPfqGyl0I2" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating lease liabilities</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,273</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1810">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1811">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1812">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1813">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,413</span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1815">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1816">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1817">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1818">-</span></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_407_eus-gaap--DeferredTaxAssetsOther_i01I_pn3n3_maDTAGzBWQ_zcUHgBf9att1" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Others</span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1821">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1822">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1823">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1824">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1826">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1827">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1828">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1829">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_405_ecustom--DeferredTaxAssetBeforeValuationAllowance_i01TI_pn3n3_mtDTAGzBWQ_maDTANzkzr_z6arlGdz9V58" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Deferred tax asset before valuation allowance</b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>5,657</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2,749</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>172</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="-sec-ix-hidden: xdx2ixbrl1834">-</span></b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>97</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>6,402</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2,775</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>58</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>96</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>90</b></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_407_eus-gaap--DeferredTaxAssetsValuationAllowance_i01NI_pn3n3_di_msDTANzkzr_zgSeaH68UGjb" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Valuation Allowance</span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1842">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,749</span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1844">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1845">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1846">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1847">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,775</span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1849">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(96</span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1851">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> <tr id="xdx_40E_eus-gaap--DeferredTaxAssetsNet_i01TI_pn3n3_mtDTANzkzr_maNDTALz46l_zkP4OI55a2E9" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Deferred tax asset, net of valuation allowance</b></span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>5,657</b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="-sec-ix-hidden: xdx2ixbrl1854">-</span></b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>172</b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="-sec-ix-hidden: xdx2ixbrl1856">-</span></b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>97</b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>6,402</b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="-sec-ix-hidden: xdx2ixbrl1859">-</span></b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>58</b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="-sec-ix-hidden: xdx2ixbrl1861">-</span></b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>90</b></span></td> <td style="text-align: left; padding-bottom: 2.25pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="38" style="border-bottom: Black 1pt solid; text-align: center"><b>As of March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="18" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="18" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>India</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Singapore</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>USA</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>UAE</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Mexico</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>India</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Singapore</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>USA</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>UAE</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Mexico</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_400_eus-gaap--DeferredTaxLiabilitiesAbstract_iB_zo5QspZgRAi3" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 20%"><b>Deferred tax liabilities:</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 5%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_404_eus-gaap--DeferredTaxLiabilitiesInvestments_i01NI_pn3n3_di_maDITLzMlE_zT8f8iEsHDuh" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Investments</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(232</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1876">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1877">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1878">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1879">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(192</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1881">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1882">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1883">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1884">-</span></td> <td style="text-align: left"> </td> </tr> <tr id="xdx_409_eus-gaap--DeferredTaxLiabilitiesPropertyPlantAndEquipment_i01NI_pn3n3_di_maDITLzMlE_zNjWKJaI9c77" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Property and equipment</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1886">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1887">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1889">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(12</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1891">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1892">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1894">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(3</td> <td style="text-align: left">)</td> </tr> <tr id="xdx_40C_ecustom--DeferredTaxLiabilitiesOperatingRightofuseAssets_i01NI_pn3n3_di_maDITLzMlE_zORUNdX0fS2h" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Operating right-of-use assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,161</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1898">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1899">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1900">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1901">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,306</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1903">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1904">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1905">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1906">-</span></td> <td style="text-align: left"> </td> </tr> <tr id="xdx_406_ecustom--UnbilledRevenue_i01NI_pn3n3_di_maDITLzMlE_zz6259I0srz4" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Unbilled Revenue</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1908">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1909">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1910">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1911">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1912">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1913">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1914">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1915">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1916">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(91</td> <td style="text-align: left">)</td> </tr> <tr id="xdx_40E_eus-gaap--DeferredTaxLiabilitiesOther_i01NI_pn3n3_di_maDITLzMlE_zKBpllqZhahk" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Others</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(28</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1920">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1921">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1922">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(32</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1925">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1926">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1927">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40D_eus-gaap--DeferredIncomeTaxLiabilities_i01NTI_pn3n3_di_mtDITLzMlE_msNDTALz46l_zscFTtUj0li" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Deferred tax liability</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(2,421</b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1931">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(1</b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span style="-sec-ix-hidden: xdx2ixbrl1933">-</span></b></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(12</b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(2,530</b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1936">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(1</b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span style="-sec-ix-hidden: xdx2ixbrl1938">-</span></b></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(94</b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> </tr> <tr id="xdx_40C_ecustom--NetDeferredTaxAssetLiability_i01TI_pn3n3_mtNDTALz46l_zz8TFdGhb3Y3" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Net deferred tax asset (liability)</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>3,236</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span style="-sec-ix-hidden: xdx2ixbrl1942">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>171</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span style="-sec-ix-hidden: xdx2ixbrl1944">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>85</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>3,872</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span style="-sec-ix-hidden: xdx2ixbrl1947">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>57</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span style="-sec-ix-hidden: xdx2ixbrl1949">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>(4</b></td> <td style="text-align: left; padding-bottom: 2.25pt"><b>)</b></td> </tr> </table> 530000 541000 936000 605000 178000 742000 612000 -72000 -83000 765000 2749000 1245000 2597000 96000 -5000 337000 172000 97000 906000 58000 90000 2273000 2413000 2000 2000 5657000 2749000 172000 97000 6402000 2775000 58000 96000 90000 2749000 2775000 96000 5657000 172000 97000 6402000 58000 90000 232000 192000 1000 12000 1000 3000 2161000 2306000 91000 28000 32000 2421000 1000 12000 2530000 1000 94000 3236000 171000 85000 3872000 57000 -4000 <table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--ScheduleOfDeferredTaxAssetsTableTextBlock_pn3n3_zTXVTETqpIB" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details 5)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8B7_zhY29zxNApl7" style="display: none">Components of deferred taxes</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>As of<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Classified as</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Deferred tax assets non-current</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_909_eus-gaap--DeferredIncomeTaxesAndOtherAssetsNoncurrent_iI_pn3n3_c20260331_zSROlGZQbeI5" title="Deferred tax assets non-current">3,689</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_904_eus-gaap--DeferredIncomeTaxesAndOtherAssetsNoncurrent_iI_pn3n3_c20250331_zXh6krWuDrn" title="Deferred tax assets non-current">4,064</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Deferred tax liabilities non-current</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_eus-gaap--DeferredTaxAndOtherLiabilitiesNoncurrent_iI_pn3n3_c20260331_zduUwenAN5m9" title="Deferred tax liabilities non-current">197</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_eus-gaap--DeferredTaxAndOtherLiabilitiesNoncurrent_iI_pn3n3_c20250331_z93l1z56Oomb" title="Deferred tax liabilities non-current">139</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90C_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iI_pn3n3_c20260331_z5CjR76TPJe7" title="Net deferred tax asset (liability)">3,492</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90C_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iI_pn3n3_c20250331_zcJnqAFG5Lgc" title="Net deferred tax asset (liability)">3,925</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 3689000 4064000 197000 139000 3492000 3925000 <table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--ScheduleOfNetCashPaidIncomeTaxsTableTextBlock_pn3n3_zVfV7icrJBXd" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Income Taxes (Details 6)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8B6_zNIQSEov3hFh" style="display: none">Schedule of net cash paid for income taxes</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2026</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; width: 88%; text-align: left">United States</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_906_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--US_z08PRGEPGHbe" title="Net cash paid for income taxes">292</span></td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">India</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--IN_zoWKROGVplS" title="Net cash paid for income taxes">784</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Cayman Islands</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--KY_zbLf9xr4gVYj" title="Net cash paid for income taxes"><span style="-sec-ix-hidden: xdx2ixbrl1973">-</span></span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">UAE</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--AE_zZgdY4eSwBPd" title="Net cash paid for income taxes"><span style="-sec-ix-hidden: xdx2ixbrl1975">-</span></span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Singapore</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--SG_z5lgEOkBZYm5" title="Net cash paid for income taxes"><span style="-sec-ix-hidden: xdx2ixbrl1977">-</span></span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Mexico</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331__srt--StatementGeographicalAxis__country--MX_zO7xo2lFFv64" title="Net cash paid for income taxes">203</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.25in; font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total</td> <td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span id="xdx_902_eus-gaap--IncomeTaxesPaidNet_pn3n3_c20250401__20260331_zr3ll4SAjYRb" title="Net cash paid for income taxes">1,280</span></td> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table> 292000 784000 203000 1280000 35000 70000 2975000 122000 2871000 0 0 <p id="xdx_807_eus-gaap--RelatedPartyTransactionsDisclosureTextBlock_z337VZtEiaHl" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 13 - <span id="xdx_82A_zr088Lhc4VYb">Related Party Transactions</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89A_eus-gaap--ScheduleOfRelatedPartyTransactionsTableTextBlock_pn3n3_zyOnCmil6VCh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Related Party Transactions (Details)"> <tr style="background-color: White"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BA_zgBw1tEwEJub" style="display: none">Schedule of related party transactions</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"> </td></tr> <tr> <td style="border-bottom: Black 1pt solid; text-align: left; vertical-align: bottom; width: 49%; padding-left: 0.125in; text-indent: -0.125in"><b>Name of the related party</b></td> <td style="vertical-align: middle; text-align: center; width: 2%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: top; text-align: center; width: 49%"><b>Relationship</b></td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90A_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--AarkIIPteLimitedMember_zW4pVPjgPQI9" title="Name of the related party">Aark II Pte Limited</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_904_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--AarkIIPteLimitedMember_z89D5N5f4G54" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: White"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90B_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedATPSPLMember_z8SVnjfK5V63" title="Name of the related party">Aeries Technology Products And Strategies Private Limited (“ATPSPL”)</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_90D_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedATPSPLMember_zVJCankVr5m2" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90B_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_zyHfdrRFNZ9k" title="Name of the related party">Aeries Financial Technologies Private Limited</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_903_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_zQcRLnitTwzb" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: White"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_908_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--BhanixFinanceAndInvestmentLimitedMember_zhs0tb2WlPRi" title="Name of the related party">Bhanix Finance And Investment Limited</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_90F_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--BhanixFinanceAndInvestmentLimitedMember_zev1vS4s0oqf" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_902_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--RalakConsultingLLPMember_zXAPjPvZbdRd" title="Name of the related party">Ralak Consulting LLP</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_902_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--RalakConsultingLLPMember_zRFjuXixqSh3" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: White"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_909_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--SqrrlFintechPrivateLimitedMember_zgw4KBK7eKma" title="Name of the related party">Sqrrl Fintech Private Limited (“Sqrrl”)</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_90D_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--SqrrlFintechPrivateLimitedMember_zNdpXKH9OIT2" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90E_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--TSLCPteLimitedMember_zUfe7fqGYPRi" title="Name of the related party">TSLC Pte Limited</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_90B_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--TSLCPteLimitedMember_zCy85V5jo3i7" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: White"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90A_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--VenuRamanKumarMember_zr3Us0UAygAg" title="Name of the related party">Venu Raman Kumar</span></td> <td style="vertical-align: top; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_908_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--VenuRamanKumarMember_zpEQJxuvceCb" title="Relationship">Chairman of ATI’s Board and controlling shareholder</span></td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90A_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--VaibhavRaoMember_zKPjBdq9i1f8" title="Name of the related party">Vaibhav Rao</span></td> <td style="vertical-align: top; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_90D_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--VaibhavRaoMember_z36WklArJwNl" title="Relationship">Members of immediate families of Venu Raman Kumar</span></td> </tr> <tr style="background-color: White"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90F_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--SudhirAppukuttanPanikasseryMember_zWPKB9nUSIYh" title="Name of the related party">Sudhir Appukuttan Panikassery</span></td> <td style="vertical-align: top; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_908_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--SudhirAppukuttanPanikasseryMember_zCxcUZa3LC3" title="Relationship">Key managerial personnel (till February 9, 2025) Vice chairman of ATI’s Board (February 10, 2025 through September 18, 2025)</span></td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_904_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--BhishamAjayKhareMember_zX6JQdLavpL9" title="Name of the related party">Bhisham (Ajay) Khare</span></td> <td style="vertical-align: top; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_90E_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--BhishamAjayKhareMember_zizpRgfPCcVe" title="Relationship">Key managerial personnel</span></td> </tr> </table> <p id="xdx_8A4_zPqf5V6fO9v4" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Summary of significant transactions and balances due to and from related parties are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--ScheduleOfSignificantTransactionsAndBalancesDueToAndFromRelatedPartiesTableTextBlock_pn3n3_z2i6jqlQ1rt7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Related Party Transactions (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><span id="xdx_8B9_zDAJAM1Q1dLa" style="display: none">Schedule of significant transactions and balances due to and from related parties</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Cost sharing arrangements</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Financial Technologies Private Limited (b)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98A_ecustom--CostSharingArrangements_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_fKGIp_zVRXgsj9Y0El" style="text-align: right" title="Cost sharing arrangements"><span style="-sec-ix-hidden: xdx2ixbrl2048">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_ecustom--CostSharingArrangements_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_fKGIp_zwMyKJ6TM81e" style="text-align: right" title="Cost sharing arrangements">177</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Bhanix Finance And Investment Limited (b)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_ecustom--CostSharingArrangements_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--BhanixFinanceAndInvestmentLimitedMember_fKGIp_zPYlJWaBBWJg" style="text-align: right" title="Cost sharing arrangements">103</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_ecustom--CostSharingArrangements_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--BhanixFinanceAndInvestmentLimitedMember_fKGIp_zYNb8SA8qzpk" style="text-align: right" title="Cost sharing arrangements">120</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Interest expense</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (d)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_981_eus-gaap--InterestExpense_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGQp_zhQZIzO3UBxi" style="text-align: right" title="Interest expense">5</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_981_eus-gaap--InterestExpense_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGQp_zGvmTaMsAnp8" style="text-align: right" title="Interest expense">72</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Mr. Vaibhav Rao (g)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_989_eus-gaap--InterestExpense_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--MrVaibhavRaoMember_fKGcp_z685ROCFj9te" style="text-align: right" title="Interest expense">94</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98B_eus-gaap--InterestExpense_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--MrVaibhavRaoMember_fKGcp_zrpMQebgjxLd" style="text-align: right" title="Interest expense">83</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Sqrrl Fintech Private Limited (k)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_980_eus-gaap--InterestExpense_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--SqrrlFintechPrivateLimitedMember_fKGsp_zlZomBcEBEsh" style="text-align: right" title="Interest expense"><span style="-sec-ix-hidden: xdx2ixbrl2064">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98B_eus-gaap--InterestExpense_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--SqrrlFintechPrivateLimitedMember_fKGsp_zOne1fR4Yx64" style="text-align: right" title="Interest expense">8</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Interest income</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Financial Technologies Private Limited (f), (h)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_eus-gaap--InterestAndOtherIncome_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_fKGYpKGgp_zYHXZBAJmgL9" style="text-align: right" title="Interest income">210</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--InterestAndOtherIncome_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_fKGYpKGgp_zCmI1T1OnBd5" style="text-align: right" title="Interest income">188</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (e), (h)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98E_eus-gaap--InterestAndOtherIncome_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGUpKGgp_zqbeMYX2kdIl" style="text-align: right" title="Interest income">64</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_987_eus-gaap--InterestAndOtherIncome_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGUpKGgp_zQ9DJDdcDEG6" style="text-align: right" title="Interest income">125</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Legal and professional fees paid</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Ralak Consulting LLP (c)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--ProfessionalFees_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--RalakConsultingLLPMember_fKGMp_znG3MhrqekDe" style="text-align: right" title="Legal and professional fees paid">216</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--ProfessionalFees_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--RalakConsultingLLPMember_fKGMp_zDhAotxVSHdf" style="text-align: right" title="Legal and professional fees paid">305</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Management consultancy service</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aark II Pte Limited (a)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_eus-gaap--PaymentForManagementFee_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--AarkIIPteLimitedMember_fKGEp_zM8tNXz5yG83" style="text-align: right" title="Management consultancy service">2,256</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--PaymentForManagementFee_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--AarkIIPteLimitedMember_fKGEp_zLFugPvVbUU1" style="text-align: right" title="Management consultancy service">2,861</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Office management and support services expense</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (i)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--OfficersCompensation_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGkp_zizQhkZQquag" style="text-align: right" title="Office management and support services expense">3</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_eus-gaap--OfficersCompensation_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGkp_z6xLMw0q8l9d" style="text-align: right" title="Office management and support services expense">36</td> <td style="text-align: left"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <th style="padding-bottom: 0.5pt"> </th> <th style="padding-bottom: 0.5pt"> </th> <th colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>March 31,</b></th> <th style="padding-bottom: 0.5pt"> </th> </tr> <tr style="vertical-align: bottom"> <th style="padding-bottom: 0.5pt"> </th> <th style="padding-bottom: 0.5pt"> </th> <th colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></th> <th style="padding-bottom: 0.5pt"> </th> <th style="padding-bottom: 0.5pt"> </th> <th colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></th> <th style="padding-bottom: 0.5pt"> </th> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Accounts payable</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Ralak Consulting LLP (c)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_eus-gaap--AccountsPayableCurrent_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--RalakConsultingLLPMember_fKGMp_zl4MII9CCg1" style="text-align: right" title="Accounts payable">53</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_eus-gaap--AccountsPayableCurrent_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--RalakConsultingLLPMember_fKGMp_zvdpJrJtVw8e" style="text-align: right" title="Accounts payable"><span style="-sec-ix-hidden: xdx2ixbrl2091">-</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Accounts receivable</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aark II Pte Limited (a)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AarkIIPteLimitedMember_fKGEp_zZrQk0iNjCKk" style="text-align: right" title="Accounts receivable">407</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AarkIIPteLimitedMember_fKGEp_zjwBOpUhCKPj" style="text-align: right" title="Accounts receivable">439</td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Financial Technologies Private Limited (b)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_989_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_fKGIp_zN7yU7ZzUVC3" style="text-align: right" title="Accounts receivable"><span style="-sec-ix-hidden: xdx2ixbrl2097">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_fKGIp_zlpfJe6BUiA8" style="text-align: right" title="Accounts receivable">102</td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Bhanix Finance And Investment Limited (b)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_986_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--BhanixFinanceAndInvestmentLimitedMember_fKGIp_zO8wrDbCwJf" style="text-align: right" title="Accounts receivable">16</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98E_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--BhanixFinanceAndInvestmentLimitedMember_fKGIp_zYYpBlWoNGT3" style="text-align: right" title="Accounts receivable">105</td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">TSLC Pte Limited (a)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--TSLCPteLimitedMember_fKGEp_z25AtWlWa2D3" style="text-align: right" title="Accounts receivable"><span style="-sec-ix-hidden: xdx2ixbrl2105">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98E_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--TSLCPteLimitedMember_fKGEp_zzFejaQMb4Jc" style="text-align: right" title="Accounts receivable">101</td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Prepaid expense and other current assets</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Receivables from Mr. Bhisham (Ajay) Khare (j)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eus-gaap--PrepaidExpenseCurrent_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--ReceivablesfromMrBhishamAjayKhareMember_fKGop_z7YA3uJmO8X8" title="Prepaid expense and other current assets">741</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eus-gaap--PrepaidExpenseCurrent_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--ReceivablesfromMrBhishamAjayKhareMember_fKGop_zeD0KfL0sn0c" title="Prepaid expense and other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2111">-</span></span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Remittance in transit – Inwards (l)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eus-gaap--PrepaidExpenseCurrent_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--RemittanceIntransitInwardsMember_fKGwp_zhz7ZrfXTHDb" title="Prepaid expense and other current assets">6</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--PrepaidExpenseCurrent_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--RemittanceIntransitInwardsMember_fKGwp_z3r6tEyvWXtj" title="Prepaid expense and other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2115">-</span></span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Interest payable (classified under other current liabilities)</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (d)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eus-gaap--AccruedLiabilitiesCurrent_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGQp_zMv7xnaIzDU8" title="Interest payable (classified under other current liabilities)">41</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eus-gaap--AccruedLiabilitiesCurrent_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGQp_zjlCDnnRAaw7" title="Interest payable (classified under other current liabilities)">41</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Interest receivable (classified under prepaid expenses and other current assets)</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (e)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--InterestReceivableAndOtherAssets_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGUp_zYvmpFphm7Zk" title="Interest receivable (classified under prepaid expenses and other current assets)">28</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eus-gaap--InterestReceivableAndOtherAssets_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGUp_zem4U2gh5719" title="Interest receivable (classified under prepaid expenses and other current assets)">14</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Financial Technologies Private Limited (f)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eus-gaap--InterestReceivableAndOtherAssets_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_fKGYp_zNSfMGDWdaYg" title="Interest receivable (classified under prepaid expenses and other current assets)"><span style="-sec-ix-hidden: xdx2ixbrl2125">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eus-gaap--InterestReceivableAndOtherAssets_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_fKGYp_zkrxEnH1dNPj" title="Interest receivable (classified under prepaid expenses and other current assets)">1</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Investment in 0.001% Series-A Redeemable preference share</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Financial Technologies Private Limited (h)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--InvestmentInSeriesaRedeemablePreferenceShare_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_fKGgp_zAxmCjrtEXPc" title="Investment in 0.001% Series-A Redeemable preference share">1,110</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--InvestmentInSeriesaRedeemablePreferenceShare_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_fKGgp_zK4bCauV1Jbc" title="Investment in 0.001% Series-A Redeemable preference share">1,008</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Investment in 10% Cumulative redeemable preference shares</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (h)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--InvestmentInCumulativeRedeemablePreferenceShares_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGgp_zl5kWhwandub" title="Investment in 10% Cumulative redeemable preference shares">786</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_ecustom--InvestmentInCumulativeRedeemablePreferenceShares_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGgp_zpF2bgJjkiP7" title="Investment in 10% Cumulative redeemable preference shares">822</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Loan from Members of immediate families of Venu Raman Kumar</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Mr. Vaibhav Rao (g)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--LoanFromMembersOfImmediateFamilies_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--MrVaibhavRaoMember_fKGcp_zIGKAzPc1m4h" title="Loan from Members of immediate families of Venu Raman Kumar">734</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--LoanFromMembersOfImmediateFamilies_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--MrVaibhavRaoMember_zTNRtT2baVV5" title="Loan from Members of immediate families of Venu Raman Kumar">812</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Loans from affiliates</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products and Strategies Private Limited (d)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--LoansFromAffiliates_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGQp_zldZOGKRvMSb" title="Loans from affiliates"><span style="-sec-ix-hidden: xdx2ixbrl2141">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--LoansFromAffiliates_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGQp_z3R2P1c69bmj" title="Loans from affiliates">111</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Loans to affiliates (classified under other assets)</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Financial Technologies Private Limited (f)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--LoansToAffiliatesClassifiedUnderOtherAssets_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_fKGYp_zBEJODBVoIS1" title="Loans to affiliates (classified under other assets)">92</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--LoansToAffiliatesClassifiedUnderOtherAssets_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_fKGYp_za04OR7kES8k" title="Loans to affiliates (classified under other assets)">102</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (e)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--LoansToAffiliatesClassifiedUnderOtherAssets_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGUp_znVxmyVTVYmb" title="Loans to affiliates (classified under other assets)">148</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--LoansToAffiliatesClassifiedUnderOtherAssets_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGUp_zKP7upAcfmZ6" title="Loans to affiliates (classified under other assets)">129</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF"> <td style="padding-left: 0.125in; text-indent: -0.125in"><b>Advance to Vendor</b></td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (i)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--AdvanceToVendors_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGkp_zXU9oPJeZCi5" title="Advance to Vendor">2</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--AdvanceToVendors_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGkp_zJcZHvPweoa7" title="Advance to Vendor"><span style="-sec-ix-hidden: xdx2ixbrl2155">-</span></span></td> <td style="text-align: left"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%; margin-left: 0; margin-right: auto"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td id="xdx_F03_zht6vnzy8Rge" style="width: 0.25in; text-align: justify">(a)</td> <td id="xdx_F1C_zCvFGIQO6Zch" style="text-align: justify"> The Company provided management consulting services to Aark II Pte Ltd under an agreement dated June 21, 2021 and its amendments thereof and to TSLC Pte Ltd under an agreement dated July 12, 2021.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F00_zlZ3kV3rCDwf" style="text-align: justify">(b)</td> <td id="xdx_F10_zkQjzFeHBJAb" style="text-align: justify"> The Company was in a cost sharing arrangement with Aeries Financial Technologies Private Ltd and Bhanix Finance and Investment Ltd under separate agreements dated April 1, 2020. The cost sharing arrangement included costs in the areas of office management, IT and operations. The agreements are for a 36-month term with auto renewals after the original term.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F07_z3NbIGpxyoK6" style="text-align: justify">(c)</td> <td id="xdx_F10_zpWjStIvTlb5" style="text-align: justify"> The Company availed consulting services including implementation services in business restructuring, risk management, feasibility studies, mergers &amp; acquisitions etc. from Ralak Consulting LLP via agreement dated April 1, 2022.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F0C_zQBzCwS5W3f6" style="text-align: justify">(d)</td> <td id="xdx_F11_zh5NuSFtN0mi" style="text-align: justify"> The Company incurred interest expense in relation to loans taken from ATPSPL, which were borrowed to meet working capital requirements. The loans were for a 3-year term and were issued at an interest rate of 12% per annum.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F08_zVfAivIVukZ4" style="text-align: justify">(e)</td> <td id="xdx_F1B_z4ryPhRSvLJ6" style="text-align: justify"> The Company received interest income in relation to loans given to affiliates to support their working capital requirements. The loans were for a 3-year term and issued at an interest rate of 12% per annum.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F0D_zvUdZqldUhF5" style="text-align: justify">(f)</td> <td id="xdx_F16_zqE59ObFKGEj" style="text-align: justify"> The Company received interest income in relation to loans given to affiliates to support their working capital requirements. The loans were for a 3-year term and issued at an interest rate of 15-17% per annum.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F0B_zMXYyTPUpYPa" style="text-align: justify">(g)</td> <td id="xdx_F13_zOCKwmVRn9S1" style="text-align: justify"> The Company obtained a loan at 12% per annum interest rate (w.e.f April 1, 2025; 10% per annum till March 31, 2025) from Mr. Vaibhav Rao for business purposes. The agreement shall remain valid until the principal amount along with interest is fully repaid. The loan amount was outstanding in entirety as of March 31, 2026.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F08_zcJdHm2fAJlg" style="text-align: justify">(h)</td> <td id="xdx_F14_zDuVYiPbJQv2" style="text-align: justify"> This amount represents investments in affiliates. The Company earned interest income on its investments in affiliates.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F07_zzkn3FkwuNri" style="text-align: justify">(i)</td> <td id="xdx_F19_z4mPnF1bbAxi" style="text-align: justify"> The Company availed management consulting services from ATPSPL under agreements dated March 20, 2020 and April 1, 2021.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F09_zH6HNDKvJ3Cj" style="text-align: justify">(j)</td> <td id="xdx_F14_ztaa4p3xCklk" style="text-align: justify"> For the year ended March 31, 2026, ATI has issued 851,184 shares at a fair value of $0.87 per share to Mr. Bhisham (Ajay) Khare pursuant to the exchange agreement dated November 6, 2023 for his holding in ATGBA. As on March 31, 2026, Mr. Bhisham (Ajay) Khare is yet to transfer the shares to ATI and consequently a receivable of $741.00 has been recognized.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F08_zXLIpWHmrhq5" style="text-align: justify">(k)</td> <td id="xdx_F14_zo1bCrDPQ7T7" style="text-align: justify"> The Company incurred interest expense in relation to loans taken from Sqrrl, which were borrowed to meet working capital requirements. The loans were for a 3-month term and were issued at an interest rate of 17% per annum.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F0D_zdGuKSNA4VNe" style="text-align: justify">(l)</td> <td id="xdx_F1F_zoiALy8QfbV5" style="text-align: justify"> For the year ended March 31, 2026, Mr. Bhisham (Ajay) Khare has exercised 59,110 options under Aeries Management Stock Option Plan 2019 (“MSOP”) with exercise price of INR 10 (or approximately $0.11 at the exchange rate in effect on March 31, 2026). As on March 31, 2026, a remittance in transit of $6.24 has been recognized in respect of the exercise price of such options has been recognised.</td> </tr> </table> <p id="xdx_8A2_zHbKR68DXyDj" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has also executed two Exchange Agreements: (1) with AARK and Mr. Raman Kumar in his capacity as a shareholder of AARK; and (2) with ATGBA and Mr. Sudhir Appukuttan Panikassery, Mr. Ajay Khare, and Mr. Unnikrishnan Balakrishnan Nambiar, key managerial personnel of ATGBA in their capacity as shareholders of ATGBA (together referred to as “counterparties”). Under the Exchange Agreements, the counterparties would have a right to exchange the shares held by them in AARK or ATGBA into shares of ATI or cash subject to the conditions specified in relevant Exchange Agreement. Refer Note 16 for details. Additionally, pursuant to the Business Combination, 5,638,530 Class A ordinary shares were issued to Innovo Consultancy DMCC, which is wholly owned by Mr. Kumar.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89A_eus-gaap--ScheduleOfRelatedPartyTransactionsTableTextBlock_pn3n3_zyOnCmil6VCh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Related Party Transactions (Details)"> <tr style="background-color: White"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BA_zgBw1tEwEJub" style="display: none">Schedule of related party transactions</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"> </td></tr> <tr> <td style="border-bottom: Black 1pt solid; text-align: left; vertical-align: bottom; width: 49%; padding-left: 0.125in; text-indent: -0.125in"><b>Name of the related party</b></td> <td style="vertical-align: middle; text-align: center; width: 2%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: top; text-align: center; width: 49%"><b>Relationship</b></td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90A_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--AarkIIPteLimitedMember_zW4pVPjgPQI9" title="Name of the related party">Aark II Pte Limited</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_904_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--AarkIIPteLimitedMember_z89D5N5f4G54" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: White"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90B_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedATPSPLMember_z8SVnjfK5V63" title="Name of the related party">Aeries Technology Products And Strategies Private Limited (“ATPSPL”)</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_90D_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedATPSPLMember_zVJCankVr5m2" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90B_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_zyHfdrRFNZ9k" title="Name of the related party">Aeries Financial Technologies Private Limited</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_903_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_zQcRLnitTwzb" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: White"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_908_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--BhanixFinanceAndInvestmentLimitedMember_zhs0tb2WlPRi" title="Name of the related party">Bhanix Finance And Investment Limited</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_90F_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--BhanixFinanceAndInvestmentLimitedMember_zev1vS4s0oqf" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_902_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--RalakConsultingLLPMember_zXAPjPvZbdRd" title="Name of the related party">Ralak Consulting LLP</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_902_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--RalakConsultingLLPMember_zRFjuXixqSh3" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: White"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_909_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--SqrrlFintechPrivateLimitedMember_zgw4KBK7eKma" title="Name of the related party">Sqrrl Fintech Private Limited (“Sqrrl”)</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_90D_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--SqrrlFintechPrivateLimitedMember_zNdpXKH9OIT2" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90E_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--TSLCPteLimitedMember_zUfe7fqGYPRi" title="Name of the related party">TSLC Pte Limited</span></td> <td style="vertical-align: middle; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_90B_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--TSLCPteLimitedMember_zCy85V5jo3i7" title="Relationship">Affiliate entity</span></td> </tr> <tr style="background-color: White"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90A_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--VenuRamanKumarMember_zr3Us0UAygAg" title="Name of the related party">Venu Raman Kumar</span></td> <td style="vertical-align: top; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_908_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--VenuRamanKumarMember_zpEQJxuvceCb" title="Relationship">Chairman of ATI’s Board and controlling shareholder</span></td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90A_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--VaibhavRaoMember_zKPjBdq9i1f8" title="Name of the related party">Vaibhav Rao</span></td> <td style="vertical-align: top; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_90D_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--VaibhavRaoMember_z36WklArJwNl" title="Relationship">Members of immediate families of Venu Raman Kumar</span></td> </tr> <tr style="background-color: White"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90F_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--SudhirAppukuttanPanikasseryMember_zWPKB9nUSIYh" title="Name of the related party">Sudhir Appukuttan Panikassery</span></td> <td style="vertical-align: top; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_908_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--SudhirAppukuttanPanikasseryMember_zCxcUZa3LC3" title="Relationship">Key managerial personnel (till February 9, 2025) Vice chairman of ATI’s Board (February 10, 2025 through September 18, 2025)</span></td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_904_ecustom--NameOfRelatedParty_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--BhishamAjayKhareMember_zX6JQdLavpL9" title="Name of the related party">Bhisham (Ajay) Khare</span></td> <td style="vertical-align: top; text-align: center"> </td> <td style="vertical-align: top; text-align: justify"><span id="xdx_90E_ecustom--Relationship_c20250401__20260331__us-gaap--RelatedPartyTransactionAxis__custom--BhishamAjayKhareMember_zizpRgfPCcVe" title="Relationship">Key managerial personnel</span></td> </tr> </table> Aark II Pte Limited Affiliate entity Aeries Technology Products And Strategies Private Limited (“ATPSPL”) Affiliate entity Aeries Financial Technologies Private Limited Affiliate entity Bhanix Finance And Investment Limited Affiliate entity Ralak Consulting LLP Affiliate entity Sqrrl Fintech Private Limited (“Sqrrl”) Affiliate entity TSLC Pte Limited Affiliate entity Venu Raman Kumar Chairman of ATI’s Board and controlling shareholder Vaibhav Rao Members of immediate families of Venu Raman Kumar Sudhir Appukuttan Panikassery Key managerial personnel (till February 9, 2025) Vice chairman of ATI’s Board (February 10, 2025 through September 18, 2025) Bhisham (Ajay) Khare Key managerial personnel <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--ScheduleOfSignificantTransactionsAndBalancesDueToAndFromRelatedPartiesTableTextBlock_pn3n3_z2i6jqlQ1rt7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Related Party Transactions (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><span id="xdx_8B9_zDAJAM1Q1dLa" style="display: none">Schedule of significant transactions and balances due to and from related parties</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Cost sharing arrangements</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Financial Technologies Private Limited (b)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98A_ecustom--CostSharingArrangements_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_fKGIp_zVRXgsj9Y0El" style="text-align: right" title="Cost sharing arrangements"><span style="-sec-ix-hidden: xdx2ixbrl2048">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_ecustom--CostSharingArrangements_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_fKGIp_zwMyKJ6TM81e" style="text-align: right" title="Cost sharing arrangements">177</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Bhanix Finance And Investment Limited (b)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_ecustom--CostSharingArrangements_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--BhanixFinanceAndInvestmentLimitedMember_fKGIp_zPYlJWaBBWJg" style="text-align: right" title="Cost sharing arrangements">103</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_ecustom--CostSharingArrangements_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--BhanixFinanceAndInvestmentLimitedMember_fKGIp_zYNb8SA8qzpk" style="text-align: right" title="Cost sharing arrangements">120</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Interest expense</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (d)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_981_eus-gaap--InterestExpense_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGQp_zhQZIzO3UBxi" style="text-align: right" title="Interest expense">5</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_981_eus-gaap--InterestExpense_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGQp_zGvmTaMsAnp8" style="text-align: right" title="Interest expense">72</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Mr. Vaibhav Rao (g)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_989_eus-gaap--InterestExpense_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--MrVaibhavRaoMember_fKGcp_z685ROCFj9te" style="text-align: right" title="Interest expense">94</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98B_eus-gaap--InterestExpense_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--MrVaibhavRaoMember_fKGcp_zrpMQebgjxLd" style="text-align: right" title="Interest expense">83</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Sqrrl Fintech Private Limited (k)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_980_eus-gaap--InterestExpense_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--SqrrlFintechPrivateLimitedMember_fKGsp_zlZomBcEBEsh" style="text-align: right" title="Interest expense"><span style="-sec-ix-hidden: xdx2ixbrl2064">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98B_eus-gaap--InterestExpense_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--SqrrlFintechPrivateLimitedMember_fKGsp_zOne1fR4Yx64" style="text-align: right" title="Interest expense">8</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Interest income</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Financial Technologies Private Limited (f), (h)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_eus-gaap--InterestAndOtherIncome_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_fKGYpKGgp_zYHXZBAJmgL9" style="text-align: right" title="Interest income">210</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--InterestAndOtherIncome_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_fKGYpKGgp_zCmI1T1OnBd5" style="text-align: right" title="Interest income">188</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (e), (h)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98E_eus-gaap--InterestAndOtherIncome_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGUpKGgp_zqbeMYX2kdIl" style="text-align: right" title="Interest income">64</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_987_eus-gaap--InterestAndOtherIncome_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGUpKGgp_zQ9DJDdcDEG6" style="text-align: right" title="Interest income">125</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Legal and professional fees paid</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Ralak Consulting LLP (c)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--ProfessionalFees_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--RalakConsultingLLPMember_fKGMp_znG3MhrqekDe" style="text-align: right" title="Legal and professional fees paid">216</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--ProfessionalFees_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--RalakConsultingLLPMember_fKGMp_zDhAotxVSHdf" style="text-align: right" title="Legal and professional fees paid">305</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Management consultancy service</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aark II Pte Limited (a)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_eus-gaap--PaymentForManagementFee_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--AarkIIPteLimitedMember_fKGEp_zM8tNXz5yG83" style="text-align: right" title="Management consultancy service">2,256</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--PaymentForManagementFee_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--AarkIIPteLimitedMember_fKGEp_zLFugPvVbUU1" style="text-align: right" title="Management consultancy service">2,861</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Office management and support services expense</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (i)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--OfficersCompensation_pn3n3_c20250401__20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGkp_zizQhkZQquag" style="text-align: right" title="Office management and support services expense">3</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_eus-gaap--OfficersCompensation_pn3n3_c20240401__20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGkp_z6xLMw0q8l9d" style="text-align: right" title="Office management and support services expense">36</td> <td style="text-align: left"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <th style="padding-bottom: 0.5pt"> </th> <th style="padding-bottom: 0.5pt"> </th> <th colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>March 31,</b></th> <th style="padding-bottom: 0.5pt"> </th> </tr> <tr style="vertical-align: bottom"> <th style="padding-bottom: 0.5pt"> </th> <th style="padding-bottom: 0.5pt"> </th> <th colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></th> <th style="padding-bottom: 0.5pt"> </th> <th style="padding-bottom: 0.5pt"> </th> <th colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></th> <th style="padding-bottom: 0.5pt"> </th> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Accounts payable</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Ralak Consulting LLP (c)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_eus-gaap--AccountsPayableCurrent_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--RalakConsultingLLPMember_fKGMp_zl4MII9CCg1" style="text-align: right" title="Accounts payable">53</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_eus-gaap--AccountsPayableCurrent_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--RalakConsultingLLPMember_fKGMp_zvdpJrJtVw8e" style="text-align: right" title="Accounts payable"><span style="-sec-ix-hidden: xdx2ixbrl2091">-</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Accounts receivable</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aark II Pte Limited (a)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AarkIIPteLimitedMember_fKGEp_zZrQk0iNjCKk" style="text-align: right" title="Accounts receivable">407</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AarkIIPteLimitedMember_fKGEp_zjwBOpUhCKPj" style="text-align: right" title="Accounts receivable">439</td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Financial Technologies Private Limited (b)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_989_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_fKGIp_zN7yU7ZzUVC3" style="text-align: right" title="Accounts receivable"><span style="-sec-ix-hidden: xdx2ixbrl2097">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLimitedMember_fKGIp_zlpfJe6BUiA8" style="text-align: right" title="Accounts receivable">102</td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Bhanix Finance And Investment Limited (b)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_986_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--BhanixFinanceAndInvestmentLimitedMember_fKGIp_zO8wrDbCwJf" style="text-align: right" title="Accounts receivable">16</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98E_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--BhanixFinanceAndInvestmentLimitedMember_fKGIp_zYYpBlWoNGT3" style="text-align: right" title="Accounts receivable">105</td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">TSLC Pte Limited (a)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--TSLCPteLimitedMember_fKGEp_z25AtWlWa2D3" style="text-align: right" title="Accounts receivable"><span style="-sec-ix-hidden: xdx2ixbrl2105">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98E_eus-gaap--AccountsReceivableNet_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--TSLCPteLimitedMember_fKGEp_zzFejaQMb4Jc" style="text-align: right" title="Accounts receivable">101</td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Prepaid expense and other current assets</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Receivables from Mr. Bhisham (Ajay) Khare (j)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eus-gaap--PrepaidExpenseCurrent_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--ReceivablesfromMrBhishamAjayKhareMember_fKGop_z7YA3uJmO8X8" title="Prepaid expense and other current assets">741</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eus-gaap--PrepaidExpenseCurrent_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--ReceivablesfromMrBhishamAjayKhareMember_fKGop_zeD0KfL0sn0c" title="Prepaid expense and other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2111">-</span></span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Remittance in transit – Inwards (l)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eus-gaap--PrepaidExpenseCurrent_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--RemittanceIntransitInwardsMember_fKGwp_zhz7ZrfXTHDb" title="Prepaid expense and other current assets">6</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--PrepaidExpenseCurrent_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--RemittanceIntransitInwardsMember_fKGwp_z3r6tEyvWXtj" title="Prepaid expense and other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2115">-</span></span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Interest payable (classified under other current liabilities)</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (d)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eus-gaap--AccruedLiabilitiesCurrent_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGQp_zMv7xnaIzDU8" title="Interest payable (classified under other current liabilities)">41</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eus-gaap--AccruedLiabilitiesCurrent_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGQp_zjlCDnnRAaw7" title="Interest payable (classified under other current liabilities)">41</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Interest receivable (classified under prepaid expenses and other current assets)</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (e)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--InterestReceivableAndOtherAssets_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGUp_zYvmpFphm7Zk" title="Interest receivable (classified under prepaid expenses and other current assets)">28</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eus-gaap--InterestReceivableAndOtherAssets_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGUp_zem4U2gh5719" title="Interest receivable (classified under prepaid expenses and other current assets)">14</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Financial Technologies Private Limited (f)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eus-gaap--InterestReceivableAndOtherAssets_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_fKGYp_zNSfMGDWdaYg" title="Interest receivable (classified under prepaid expenses and other current assets)"><span style="-sec-ix-hidden: xdx2ixbrl2125">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eus-gaap--InterestReceivableAndOtherAssets_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_fKGYp_zkrxEnH1dNPj" title="Interest receivable (classified under prepaid expenses and other current assets)">1</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Investment in 0.001% Series-A Redeemable preference share</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Financial Technologies Private Limited (h)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--InvestmentInSeriesaRedeemablePreferenceShare_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_fKGgp_zAxmCjrtEXPc" title="Investment in 0.001% Series-A Redeemable preference share">1,110</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--InvestmentInSeriesaRedeemablePreferenceShare_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_fKGgp_zK4bCauV1Jbc" title="Investment in 0.001% Series-A Redeemable preference share">1,008</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Investment in 10% Cumulative redeemable preference shares</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (h)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--InvestmentInCumulativeRedeemablePreferenceShares_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGgp_zl5kWhwandub" title="Investment in 10% Cumulative redeemable preference shares">786</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_ecustom--InvestmentInCumulativeRedeemablePreferenceShares_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGgp_zpF2bgJjkiP7" title="Investment in 10% Cumulative redeemable preference shares">822</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Loan from Members of immediate families of Venu Raman Kumar</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Mr. Vaibhav Rao (g)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--LoanFromMembersOfImmediateFamilies_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--MrVaibhavRaoMember_fKGcp_zIGKAzPc1m4h" title="Loan from Members of immediate families of Venu Raman Kumar">734</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--LoanFromMembersOfImmediateFamilies_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--MrVaibhavRaoMember_zTNRtT2baVV5" title="Loan from Members of immediate families of Venu Raman Kumar">812</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Loans from affiliates</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products and Strategies Private Limited (d)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--LoansFromAffiliates_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGQp_zldZOGKRvMSb" title="Loans from affiliates"><span style="-sec-ix-hidden: xdx2ixbrl2141">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--LoansFromAffiliates_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGQp_z3R2P1c69bmj" title="Loans from affiliates">111</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Loans to affiliates (classified under other assets)</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Financial Technologies Private Limited (f)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--LoansToAffiliatesClassifiedUnderOtherAssets_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_fKGYp_zBEJODBVoIS1" title="Loans to affiliates (classified under other assets)">92</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--LoansToAffiliatesClassifiedUnderOtherAssets_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesFinancialTechnologiesPrivateLtdMember_fKGYp_za04OR7kES8k" title="Loans to affiliates (classified under other assets)">102</span></td> <td style="text-align: left"> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (e)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--LoansToAffiliatesClassifiedUnderOtherAssets_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGUp_znVxmyVTVYmb" title="Loans to affiliates (classified under other assets)">148</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--LoansToAffiliatesClassifiedUnderOtherAssets_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGUp_zKP7upAcfmZ6" title="Loans to affiliates (classified under other assets)">129</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF"> <td style="padding-left: 0.125in; text-indent: -0.125in"><b>Advance to Vendor</b></td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: #FFFFFF"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Aeries Technology Products And Strategies Private Limited (i)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--AdvanceToVendors_iI_pn3n3_c20260331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGkp_zXU9oPJeZCi5" title="Advance to Vendor">2</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--AdvanceToVendors_iI_pn3n3_c20250331__dei--LegalEntityAxis__custom--AeriesTechnologyProductsAndStrategiesPrivateLimitedMember_fKGkp_zJcZHvPweoa7" title="Advance to Vendor"><span style="-sec-ix-hidden: xdx2ixbrl2155">-</span></span></td> <td style="text-align: left"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%; margin-left: 0; margin-right: auto"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td id="xdx_F03_zht6vnzy8Rge" style="width: 0.25in; text-align: justify">(a)</td> <td id="xdx_F1C_zCvFGIQO6Zch" style="text-align: justify"> The Company provided management consulting services to Aark II Pte Ltd under an agreement dated June 21, 2021 and its amendments thereof and to TSLC Pte Ltd under an agreement dated July 12, 2021.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F00_zlZ3kV3rCDwf" style="text-align: justify">(b)</td> <td id="xdx_F10_zkQjzFeHBJAb" style="text-align: justify"> The Company was in a cost sharing arrangement with Aeries Financial Technologies Private Ltd and Bhanix Finance and Investment Ltd under separate agreements dated April 1, 2020. The cost sharing arrangement included costs in the areas of office management, IT and operations. The agreements are for a 36-month term with auto renewals after the original term.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F07_z3NbIGpxyoK6" style="text-align: justify">(c)</td> <td id="xdx_F10_zpWjStIvTlb5" style="text-align: justify"> The Company availed consulting services including implementation services in business restructuring, risk management, feasibility studies, mergers &amp; acquisitions etc. from Ralak Consulting LLP via agreement dated April 1, 2022.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F0C_zQBzCwS5W3f6" style="text-align: justify">(d)</td> <td id="xdx_F11_zh5NuSFtN0mi" style="text-align: justify"> The Company incurred interest expense in relation to loans taken from ATPSPL, which were borrowed to meet working capital requirements. The loans were for a 3-year term and were issued at an interest rate of 12% per annum.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F08_zVfAivIVukZ4" style="text-align: justify">(e)</td> <td id="xdx_F1B_z4ryPhRSvLJ6" style="text-align: justify"> The Company received interest income in relation to loans given to affiliates to support their working capital requirements. The loans were for a 3-year term and issued at an interest rate of 12% per annum.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F0D_zvUdZqldUhF5" style="text-align: justify">(f)</td> <td id="xdx_F16_zqE59ObFKGEj" style="text-align: justify"> The Company received interest income in relation to loans given to affiliates to support their working capital requirements. The loans were for a 3-year term and issued at an interest rate of 15-17% per annum.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F0B_zMXYyTPUpYPa" style="text-align: justify">(g)</td> <td id="xdx_F13_zOCKwmVRn9S1" style="text-align: justify"> The Company obtained a loan at 12% per annum interest rate (w.e.f April 1, 2025; 10% per annum till March 31, 2025) from Mr. Vaibhav Rao for business purposes. The agreement shall remain valid until the principal amount along with interest is fully repaid. The loan amount was outstanding in entirety as of March 31, 2026.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F08_zcJdHm2fAJlg" style="text-align: justify">(h)</td> <td id="xdx_F14_zDuVYiPbJQv2" style="text-align: justify"> This amount represents investments in affiliates. The Company earned interest income on its investments in affiliates.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F07_zzkn3FkwuNri" style="text-align: justify">(i)</td> <td id="xdx_F19_z4mPnF1bbAxi" style="text-align: justify"> The Company availed management consulting services from ATPSPL under agreements dated March 20, 2020 and April 1, 2021.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F09_zH6HNDKvJ3Cj" style="text-align: justify">(j)</td> <td id="xdx_F14_ztaa4p3xCklk" style="text-align: justify"> For the year ended March 31, 2026, ATI has issued 851,184 shares at a fair value of $0.87 per share to Mr. Bhisham (Ajay) Khare pursuant to the exchange agreement dated November 6, 2023 for his holding in ATGBA. As on March 31, 2026, Mr. Bhisham (Ajay) Khare is yet to transfer the shares to ATI and consequently a receivable of $741.00 has been recognized.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F08_zXLIpWHmrhq5" style="text-align: justify">(k)</td> <td id="xdx_F14_zo1bCrDPQ7T7" style="text-align: justify"> The Company incurred interest expense in relation to loans taken from Sqrrl, which were borrowed to meet working capital requirements. The loans were for a 3-month term and were issued at an interest rate of 17% per annum.</td> </tr> <tr style="vertical-align: top"> <td id="xdx_F0D_zdGuKSNA4VNe" style="text-align: justify">(l)</td> <td id="xdx_F1F_zoiALy8QfbV5" style="text-align: justify"> For the year ended March 31, 2026, Mr. Bhisham (Ajay) Khare has exercised 59,110 options under Aeries Management Stock Option Plan 2019 (“MSOP”) with exercise price of INR 10 (or approximately $0.11 at the exchange rate in effect on March 31, 2026). As on March 31, 2026, a remittance in transit of $6.24 has been recognized in respect of the exercise price of such options has been recognised.</td> </tr> </table> 177000 103000 120000 5000 72000 94000 83000 8000 210000 188000 64000 125000 216000 305000 2256000 2861000 3000 36000 53000 407000 439000 102000 16000 105000 101000 741000 6000 41000 41000 28000 14000 1000 1110000 1008000 786000 822000 734000 812000 111000 92000 102000 148000 129000 2000 <p id="xdx_80F_eus-gaap--CompensationRelatedCostsGeneralTextBlock_zGMaoNBu4j0j" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 14 - <span id="xdx_827_zR21h2yxhXD7">Stock-Based Compensation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Aeries Technology, Inc. 2023 Equity Incentive Plan</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The board of directors of WWAC approved the Aeries Technology, Inc. 2023 Equity Incentive Plan (the “Plan”) on March 11, 2023, subject to approval by WWAC’s shareholders. The Plan was approved by WWAC’s shareholders on November 2, 2023 and the Plan became effective upon the consummation of the Business Combination. The number of Class A ordinary shares authorized for issuance under the Plan is <span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20231028__20231102_zPzv4a8ZeUMc" title="Number of shares issued">9,031,027</span>, subject to certain adjustments set forth in the Plan.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On March 27, 2025, at the Company’s annual meeting of the shareholders, the Company’s shareholders approved Amendment No. 1 (the “Plan Amendment”) to the Plan. The Plan Amendment provided for (i) increasing the total number of Class A ordinary shares authorized under the Plan to <span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20250301__20250327_zwFIdbzig7H7" title="Number of shares issued">11,928,287</span> shares (the “New Share Reserve”), (ii) amending the “evergreen” provision in the Plan to automatically increase the New Share Reserve by 5% on an annual basis or by such lesser amount that the compensation committee of the board of directors may determine (“Evergreen Increase”), and (iii) removing the annual limits on issuing awards to a single individual under Sections 5(d) and 5(e) of the Plan.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On December 26, 2025, the Company’s board of directors approved <span id="xdx_909_ecustom--AdditionalSharesToBeAvailableForIssuance_c20251201__20251226_pd" title="Additional shares to be available for issuance">2,227,899</span> additional shares to be available for issuance under the Plan pursuant to the Evergreen Increase provision.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Restricted Share Unit Award</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Compensation cost for stock awards, which include restricted stock units (“RSUs”), is measured at the fair value on the grant date and recognized as expense, net of estimated forfeitures. The fair value of stock awards is based on the quoted price of our Class A ordinary shares on the grant date. We measure the fair value of RSUs using fair value of our quoted stock due to grant date and vesting date being same. Compensation cost for RSUs is recognized on a straight line over vesting period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s board of directors approved the below grant of restricted stock unit awards (“RSUs”) under the Plan on September 9, 2025.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Non-Employee Director Equity Compensation</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Pursuant to the Plan, the Company granted the non-employee directors, Ms. Nina B. Shapiro, Mr. Biswajit Dasgupta and Mr. Alok Kochhar, <span id="xdx_90A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_c20250901__20250909__srt--CounterpartyNameAxis__custom--MsNinaBShapiroMember_zMqpJuZJRSXd" title="Shares granted"><span id="xdx_90E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_c20250901__20250909__srt--CounterpartyNameAxis__custom--MrBiswajitDasguptaMember_zEOGE4VS0hdc" title="Shares granted"><span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_c20250901__20250909__srt--CounterpartyNameAxis__custom--MrAlokKochharMember_zTGEiaoHXHIc" title="Shares granted">125,000</span></span></span> RSUs each on September 9, 2025, which were fully vested on the grant date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Consultant Equity Compensation</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Pursuant to the Plan, the Company granted Ramesh Venkataraman, a consultant to the Company, <span id="xdx_90B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_c20250901__20250909__srt--CounterpartyNameAxis__custom--RameshVenkataramanMember_zicJWrEDJv1c" title="Shares granted">125,000</span> RSUs on September 9, 2025, which were fully vested on the grant date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table summarizes the activities for vested RSUs for the year ending March 31, 2026:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_891_eus-gaap--ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock_pn3n3_z0CTZJWPkuD5" style="font: 10pt Times New Roman, Times, serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Stock-Based Compensation (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zEYovLWxJTG5" style="display: none">Schedule of restricted stock units activity</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left; vertical-align: bottom"> </td> <td style="text-align: right"> </td> <td style="text-align: center; vertical-align: bottom"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; text-align: center"><b>RSUs</b></td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Number of<br/>Shares</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center"><b>Grant Date<br/>Fair Value</b></td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Unvested as of April 1, 2025</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_98A_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_iS_pid_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zWPe90fhnfFf" style="width: 9%; text-align: right" title="Number of shares unvested, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl2188">-</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: center; vertical-align: bottom"> </td> <td id="xdx_98E_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested_iS_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zwsZIPASpGu7" style="width: 9%; text-align: right" title="Grant date fair value unvested, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl2190">-</span></td> <td style="width: 1%; text-align: center; vertical-align: bottom"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Granted</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zA92G36iVylk" style="text-align: right" title="Number of shares granted">500,000</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left; vertical-align: bottom">$</td> <td id="xdx_988_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedInPeriodTotalFairValue_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_z2zblac53bNk" style="text-align: right" title="Grant date fair value granted">293</td> <td style="text-align: center; vertical-align: bottom"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Vested</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_981_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_iN_pid_di_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zvfjwEj9SE5j" style="text-align: right" title="Number of shares vested">(500,000</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left; vertical-align: bottom">$</td> <td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_z0rQPSpirrq3" style="text-align: right" title="Grant date fair value vested">293</td> <td style="text-align: center; vertical-align: bottom"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Forfeited / Canceled</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_pid_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zJDWFaQt51Xk" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares forfeited/ canceled"><span style="-sec-ix-hidden: xdx2ixbrl2200">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom"> </td> <td id="xdx_987_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodTotalFairValue_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zTskrj0gQTjg" style="border-bottom: Black 1pt solid; text-align: right" title="Grant date fair value forfeited/ canceled"><span style="-sec-ix-hidden: xdx2ixbrl2202">-</span></td> <td style="border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Unvested as of March 31, 2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_iE_pid_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_z1Tuj08CdSC4" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares unvested, at end"><b><span style="-sec-ix-hidden: xdx2ixbrl2204">-</span></b></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom"> </td> <td id="xdx_980_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested_iE_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zmXNhnEC9ANg" style="border-bottom: Black 1pt solid; text-align: right" title="Grant date fair value unvested, at end"><span style="-sec-ix-hidden: xdx2ixbrl2206">-</span></td> <td style="border-bottom: #000000 1pt solid; text-align: center; vertical-align: bottom"><b> </b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table summarizes the activities for vested RSUs for the year ending March 31, 2025:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">RSUs</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of<br/> Shares</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Grant Date<br/> Fair Value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Unvested as of April 1, 2024</td> <td> </td> <td style="text-align: center"> </td> <td id="xdx_98D_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_iS_pid_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_z5Q1on4nMV0i" style="vertical-align: bottom; text-align: right" title="Number of shares unvested, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl2209">-</span></td> <td> </td> <td> </td> <td style="text-align: center"> </td> <td id="xdx_98E_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested_iS_pn3n3_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zU0MqvdYPDm4" style="vertical-align: bottom; text-align: right" title="Grant date fair value unvested, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl2211">-</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; width: 76%">Granted</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_z0RRrq8BTMwk" style="width: 9%; text-align: right" title="Number of shares granted">3,880,022</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98F_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedInPeriodTotalFairValue_pn3n3_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zjqOa9yxQIQj" style="width: 9%; text-align: right" title="Grant date fair value granted">5,432</td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Vested</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_iN_pid_di_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zvWmkdttfuHk" style="text-align: right" title="Number of shares vested">(3,880,022</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left">$</td> <td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_pn3n3_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zaP3iQBK4hug" style="text-align: right" title="Grant date fair value vested">5,432</td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Forfeited / Canceled</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98A_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_pid_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zIzBQzJjcYSc" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares forfeited/ canceled"><span style="-sec-ix-hidden: xdx2ixbrl2221">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_980_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodTotalFairValue_pn3n3_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zTvxysTe8Qnd" style="border-bottom: Black 1pt solid; text-align: right" title="Grant date fair value forfeited/ canceled"><span style="-sec-ix-hidden: xdx2ixbrl2223">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; font-weight: bold; padding-bottom: 1pt">Unvested as of March 31, 2025</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_984_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_iE_pid_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zXvEb4GqUQO1" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Number of shares unvested, at end"><span style="-sec-ix-hidden: xdx2ixbrl2225">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_989_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested_iE_pn3n3_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zQUFgWc6joXj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Grant date fair value unvested, at end"><span style="-sec-ix-hidden: xdx2ixbrl2227">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p id="xdx_8A0_zL99xiMfI5P8" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Aeries Employees Stock Option Plan, 2020</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On August 1, 2020, ATGBA’s board of directors approved and executed the Aeries Employees Stock Option Plan (“ESOP”), which was subsequently amended on July 22, 2022. Under ESOP, the company is authorized to grant up to <span id="xdx_906_eus-gaap--StockIssuedDuringPeriodSharesShareBasedCompensation_pid_c20200730__20200801_z9iycpsaY855" title="Shares issued under ESOP">59,900</span> options to eligible employees in one or more tranches. The company granted <span id="xdx_90B_eus-gaap--StockIssuedDuringPeriodSharesShareBasedCompensation_pid_c20220401__20230331_zj3dW0qAKAY6" title="Shares issued under ESOP">59,900</span> options to eligible employees during the year ended March 31, 2023.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The options issued under the ESOP generally are subject to service conditions. The service condition is typically one year. The stock-based compensation expense is recognized in the consolidated statements of comprehensive income using the straight-line attribution method over the requisite service period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table summarizes the ESOP stock option activity for the year ended March 31, 2026:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_pn3n3_zvjk2u7AlY44" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Stock-Based Compensation (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BD_zIoKLDfVSG8e" style="display: none">Schedule of ESOP stock option activity</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Shares</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Weighted average<br/>exercise price</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Weighted-average<br/>remaining<br/>contractual term <br/>(in years)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Aggregate<br/>intrinsic value</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Options outstanding at April 1, 2025 </b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zqAwWnRtDGm5" style="width: 9%; text-align: right" title="Options outstanding, beginning"><b>59,900</b></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"><b>$</b></td> <td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zI2P8w2Kb836" style="width: 9%; text-align: right" title="Options outstanding weighted average exercise price, beginning"><b><span style="-sec-ix-hidden: xdx2ixbrl2237">-</span></b></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><b>-</b></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"><b>$</b></td> <td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iS_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_z9nhLmYaROE9" style="width: 9%; text-align: right" title="Aggregate intrinsic value, beginning"><b><span style="-sec-ix-hidden: xdx2ixbrl2239">-</span></b></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Options granted</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zHQXdINhSpOa" style="text-align: right" title="Options granted"><span style="-sec-ix-hidden: xdx2ixbrl2241">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zn7r0UJ5c56" style="text-align: right" title="Options granted weighted average exercise price"><span style="-sec-ix-hidden: xdx2ixbrl2243">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Options exercised</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98A_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zOTVppFqyta2" style="text-align: right" title="Options exercised"><span style="-sec-ix-hidden: xdx2ixbrl2245">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zLeQwltI7vae" style="text-align: right" title="Options exercised weighted average exercise price"><span style="-sec-ix-hidden: xdx2ixbrl2247">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_z3lGDtEFpUj4" style="text-align: right" title="Aggregate intrinsic value, exercised"><span style="-sec-ix-hidden: xdx2ixbrl2249">-</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Options canceled, forfeited or expired</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zNsDCNbdexFg" style="border-bottom: Black 1pt solid; text-align: right" title="Options cancelled, forfeited or expired"><span style="-sec-ix-hidden: xdx2ixbrl2251">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zdJIf3YCCdy5" style="border-bottom: Black 1pt solid; text-align: right" title="Options cancelled, forfeited or expired weighted average exercise price"><span style="-sec-ix-hidden: xdx2ixbrl2253">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">-</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">-</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Options outstanding at March 31, 2026</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_z0RIp2j7SAh7" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding, ending"><b>59,900</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_znn1wgH7dKaa" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding weighted average exercise price, ending"><b>0.11</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90F_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zC5OY1FyKnr9" title="Weighted average remaining contractual term">2.32</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iE_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_z7PmcopmG3Uc" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregate intrinsic value, ending"><b>635</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Vested and exercisable at March 31, 2026</b></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber_iI_pid_c20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zEfsxdHswtSc" style="text-align: right" title="Vested and exercisable"><b>59,900</b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"><b>$</b></td> <td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice_iI_pid_c20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zZny5yJdIl21" style="text-align: right" title="Vested and exercisable weighted average exercise price"><b>0.11</b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><b><span id="xdx_90D_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1_dtY_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zmWrivPSHNx1" title="Weighted average remaining contractual term, vested and exercisable">2.32</span></b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"><b>$</b></td> <td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue_pn3n3_c20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_z3CPBbc1cyUi" style="text-align: right" title="Aggregate intrinsic value, vested and exercisable"><b>635</b></td> <td style="text-align: left"> </td> </tr> </table> <p id="xdx_8A7_zdlvP6flePk6" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Aeries Management Stock Option Plan, 2019</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On September 23, 2019, ATGBA’s board of directors approved and executed the Aeries Management Stock Option Plan 2019 (“MSOP”), which was subsequently amended on September 30, 2022. Under MSOP, ATGBA has authorized to grant up to <span id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesShareBasedCompensation_pid_c20190901__20190923_zWYecGBah7gg" title="Shares issued under ESOP">295,565</span> options to eligible employees in one or more tranches.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The options issued under the MSOP generally are subject to both service and performance conditions. The service condition is typically one year, and the performance conditions are based on the consolidated revenue and adjusted profit before tax of ATGBA. The stock-based compensation expense is recognized in the consolidated statements of comprehensive income using the straight-line attribution method over the requisite service period if it is probable that the performance target will be achieved.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">During the year ended March 31, 2026, 236,455 options under MSOP, that were fully vested expired unexercised upon reaching the end of their term. As these options were vested, no reversal of previously recognized share-based compensation expense was recorded upon expiration in the condensed consolidated statement of operations for the year ended March 31, 2026. The excess of previously recognized compensation expense related to these options has been reclassified from stock option reserve classified under additional paid-in capital to additional paid-in capital – other reserve.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Further, tor the year ended March 31, 2026, <span id="xdx_907_ecustom--MsopExercisedDescription_c20250401__20260331_zvgQaZD51Efe" title="MSOP exercised description">the balance 59,110 options under MSOP were exercised by Mr. Bhisham (Ajay) Khare with exercise price of INR 10 (or approximately $0.11 at the exchange rate in effect on March 31, 2026). As on March 31, 2026, a remittance in transit of $6.24 has been recognized in respect of the exercise price of such options.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table summarizes the MSOP stock option activity for the year ended March 31, 2026:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--ScheduleOfShareBasedCompensationStocksOptionsActivityTableTextBlock_pn3n3_zg4umA7phPtj" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Stock-Based Compensation (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zqBSogDHlahf" style="display: none">Schedule of stock option activity</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Shares</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Weighted average<br/>exercise price</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Weighted-average<br/>remaining<br/>contractual term<br/>(in years)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Aggregate<br/>intrinsic value</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Options outstanding at April 1, 2025</b></td> <td style="width: 1%"><b> </b></td> <td style="width: 1%; text-align: left"><b> </b></td> <td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_z0Aj2tgOl2E2" style="width: 9%; text-align: right" title="Options outstanding, beginning"><b>295,565</b></td> <td style="width: 1%; text-align: left"><b> </b></td> <td style="width: 1%"><b> </b></td> <td style="width: 1%; text-align: left"><b>$</b></td> <td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zkie17oUDoE1" style="width: 9%; text-align: right" title="Options outstanding weighted average exercise price, beginning"><b><span style="-sec-ix-hidden: xdx2ixbrl2280">-</span></b></td> <td style="width: 1%; text-align: left"><b> </b></td> <td style="width: 1%"><b> </b></td> <td style="width: 1%; text-align: left"><b> </b></td> <td style="width: 9%; text-align: right"><b>-</b></td> <td style="width: 1%; text-align: left"><b> </b></td> <td style="width: 1%"><b> </b></td> <td style="width: 1%; text-align: left"><b>$</b></td> <td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iS_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zCSdZuKUPlx" style="width: 9%; text-align: right" title="Aggregate intrinsic value, beginning"><b><span style="-sec-ix-hidden: xdx2ixbrl2282">-</span></b></td> <td style="width: 1%; text-align: left"><b> </b></td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Options granted</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zey9o5Jw6Km7" style="text-align: right" title="Options granted"><span style="-sec-ix-hidden: xdx2ixbrl2284">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zzPcG9Zai7L1" style="text-align: right" title="Options granted weighted average exercise price"><span style="-sec-ix-hidden: xdx2ixbrl2286">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Options exercised</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_pid_di_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_ziil9OOQfY4g" style="text-align: right" title="Options exercised">(59,110</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_z0Sx77QPSco7" style="text-align: right" title="Options exercised weighted average exercise price"><span style="-sec-ix-hidden: xdx2ixbrl2290">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zSixTkIl4X54" style="text-align: right" title="Aggregate intrinsic value, exercised"><span style="-sec-ix-hidden: xdx2ixbrl2292">-</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Options cancelled, forfeited or expired</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_iN_pid_di_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zM6TEtdJKLZa" style="border-bottom: Black 1pt solid; text-align: right" title="Options cancelled, forfeited or expired">(236,455</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zuj91JRvjSz3" style="border-bottom: Black 1pt solid; text-align: right" title="Options cancelled, forfeited or expired weighted average exercise price"><span style="-sec-ix-hidden: xdx2ixbrl2296">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">-</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">-</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Options outstanding at March 31, 2026</b></td> <td style="padding-bottom: 2.25pt"><b> </b></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b> </b></td> <td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zHvX21CitpO5" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding, ending"><b><span style="-sec-ix-hidden: xdx2ixbrl2298">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"><b> </b></td> <td style="padding-bottom: 2.25pt"><b> </b></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zpmkdiB2ntq6" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding weighted average exercise price, ending"><b><span style="-sec-ix-hidden: xdx2ixbrl2300">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"><b> </b></td> <td style="padding-bottom: 2.25pt"><b> </b></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b> </b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>-</b></td> <td style="text-align: left; padding-bottom: 2.25pt"><b> </b></td> <td style="padding-bottom: 2.25pt"><b> </b></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iE_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_z1JbILCWa0Jk" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregate intrinsic value, ending"><b><span style="-sec-ix-hidden: xdx2ixbrl2302">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"><b> </b></td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Vested and exercisable at March 31, 2026</b></td> <td><b> </b></td> <td style="text-align: left"><b> </b></td> <td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber_c20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_z1noNpLxeTnj" style="text-align: right" title="Vested and exercisable"><b><span style="-sec-ix-hidden: xdx2ixbrl2304">-</span></b></td> <td style="text-align: left"><b> </b></td> <td><b> </b></td> <td style="text-align: left"><b>$</b></td> <td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice_c20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zft0wif0ur8j" style="text-align: right" title="Vested and exercisable weighted average exercise price"><b><span style="-sec-ix-hidden: xdx2ixbrl2306">-</span></b></td> <td style="text-align: left"><b> </b></td> <td><b> </b></td> <td style="text-align: left"><b> </b></td> <td style="text-align: right"><b>-</b></td> <td style="text-align: left"><b> </b></td> <td><b> </b></td> <td style="text-align: left"><b>$</b></td> <td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue_pn3n3_c20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zMBRVU0LjKte" style="text-align: right" title="Aggregate intrinsic value, Vested and exercisable"><b><span style="-sec-ix-hidden: xdx2ixbrl2308">-</span></b></td> <td style="text-align: left"><b> </b></td> </tr> </table> <p id="xdx_8AF_zHofKAfb4cOa" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company uses the BSM option-pricing model to determine the grant-date fair value of stock options. The determination of the fair value of stock options on the grant date is affected by the estimated underlying share price, as well as assumptions regarding a number of complex and subjective variables. These variables include expected stock price volatility over the term of the awards, actual and projected employee stock option exercise behaviors, risk-free interest rates, and expected dividends. The grant date fair value of the Company’s stock options granted to employees were estimated using the Black-Scholes option-pricing model with the following weighted average assumptions:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89C_eus-gaap--ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_pn3n3_zdw22GjKXAs2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Stock-Based Compensation (Details 3)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B1_zTViBtn6KFm5" style="display: none">Schedule of weighted average assumptions</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2022<br/>Grants</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Expected term</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90D_eus-gaap--SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_dtY_c20250401__20260331_zHJlLs1EYVEe" title="Expected term">3.5</span> years</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Expected volatility</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate_pid_dp_c20250401__20260331_zeDnLcpE3VG1" title="Expected volatility">40.80</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Risk free interest rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionRiskFreeInterestRate_pid_dp_c20250401__20260331_zjLyH3iG6jId" title="Risk free interest rate">3.01</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Annual dividend yield</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_pid_dp_c20250401__20260331_zJhrUCIqAq7e" title="Annual dividend yield">0.00</span></td> <td style="text-align: left">%</td> </tr> </table> <p id="xdx_8AF_zGKqKUmM70yj" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">During the year ended March 31, 2026, and 2025, the Company recorded stock-based compensation expense of $<span id="xdx_901_eus-gaap--ShareBasedCompensation_pn3n3_c20250401__20260331_zHsbHEzxEhN5" title="Stock based compensation expense">293</span> and $<span id="xdx_90E_eus-gaap--ShareBasedCompensation_pn3n3_c20240401__20250331_zZP8MF7oBEba" title="Stock based compensation expense">12,746</span> within “Selling, general &amp; administrative expenses” in the consolidated statements of operations, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026 and 2025, there was <span id="xdx_90A_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_iI_pn3n3_do_c20260331_zqOEIEjhJE7c" title="Unrecognized stock-based compensation cost"><span id="xdx_909_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_iI_pn3n3_do_c20250331_zwtnnPDnD4De" title="Unrecognized stock-based compensation cost">no</span></span> unrecognized stock-based compensation cost.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 9031027 11928287 2227899 125000 125000 125000 125000 <table cellpadding="0" cellspacing="0" id="xdx_891_eus-gaap--ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock_pn3n3_z0CTZJWPkuD5" style="font: 10pt Times New Roman, Times, serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Stock-Based Compensation (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zEYovLWxJTG5" style="display: none">Schedule of restricted stock units activity</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left; vertical-align: bottom"> </td> <td style="text-align: right"> </td> <td style="text-align: center; vertical-align: bottom"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; text-align: center"><b>RSUs</b></td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Number of<br/>Shares</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center"><b>Grant Date<br/>Fair Value</b></td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Unvested as of April 1, 2025</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_98A_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_iS_pid_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zWPe90fhnfFf" style="width: 9%; text-align: right" title="Number of shares unvested, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl2188">-</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: center; vertical-align: bottom"> </td> <td id="xdx_98E_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested_iS_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zwsZIPASpGu7" style="width: 9%; text-align: right" title="Grant date fair value unvested, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl2190">-</span></td> <td style="width: 1%; text-align: center; vertical-align: bottom"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Granted</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zA92G36iVylk" style="text-align: right" title="Number of shares granted">500,000</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left; vertical-align: bottom">$</td> <td id="xdx_988_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedInPeriodTotalFairValue_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_z2zblac53bNk" style="text-align: right" title="Grant date fair value granted">293</td> <td style="text-align: center; vertical-align: bottom"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Vested</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_981_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_iN_pid_di_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zvfjwEj9SE5j" style="text-align: right" title="Number of shares vested">(500,000</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left; vertical-align: bottom">$</td> <td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_z0rQPSpirrq3" style="text-align: right" title="Grant date fair value vested">293</td> <td style="text-align: center; vertical-align: bottom"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Forfeited / Canceled</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_pid_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zJDWFaQt51Xk" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares forfeited/ canceled"><span style="-sec-ix-hidden: xdx2ixbrl2200">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom"> </td> <td id="xdx_987_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodTotalFairValue_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zTskrj0gQTjg" style="border-bottom: Black 1pt solid; text-align: right" title="Grant date fair value forfeited/ canceled"><span style="-sec-ix-hidden: xdx2ixbrl2202">-</span></td> <td style="border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Unvested as of March 31, 2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_iE_pid_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_z1Tuj08CdSC4" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares unvested, at end"><b><span style="-sec-ix-hidden: xdx2ixbrl2204">-</span></b></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom"> </td> <td id="xdx_980_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested_iE_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zmXNhnEC9ANg" style="border-bottom: Black 1pt solid; text-align: right" title="Grant date fair value unvested, at end"><span style="-sec-ix-hidden: xdx2ixbrl2206">-</span></td> <td style="border-bottom: #000000 1pt solid; text-align: center; vertical-align: bottom"><b> </b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table summarizes the activities for vested RSUs for the year ending March 31, 2025:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">RSUs</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of<br/> Shares</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Grant Date<br/> Fair Value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Unvested as of April 1, 2024</td> <td> </td> <td style="text-align: center"> </td> <td id="xdx_98D_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_iS_pid_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_z5Q1on4nMV0i" style="vertical-align: bottom; text-align: right" title="Number of shares unvested, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl2209">-</span></td> <td> </td> <td> </td> <td style="text-align: center"> </td> <td id="xdx_98E_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested_iS_pn3n3_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zU0MqvdYPDm4" style="vertical-align: bottom; text-align: right" title="Grant date fair value unvested, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl2211">-</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; width: 76%">Granted</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_z0RRrq8BTMwk" style="width: 9%; text-align: right" title="Number of shares granted">3,880,022</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98F_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedInPeriodTotalFairValue_pn3n3_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zjqOa9yxQIQj" style="width: 9%; text-align: right" title="Grant date fair value granted">5,432</td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Vested</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_iN_pid_di_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zvWmkdttfuHk" style="text-align: right" title="Number of shares vested">(3,880,022</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left">$</td> <td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_pn3n3_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zaP3iQBK4hug" style="text-align: right" title="Grant date fair value vested">5,432</td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Forfeited / Canceled</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98A_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited_pid_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zIzBQzJjcYSc" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares forfeited/ canceled"><span style="-sec-ix-hidden: xdx2ixbrl2221">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_980_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodTotalFairValue_pn3n3_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zTvxysTe8Qnd" style="border-bottom: Black 1pt solid; text-align: right" title="Grant date fair value forfeited/ canceled"><span style="-sec-ix-hidden: xdx2ixbrl2223">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; font-weight: bold; padding-bottom: 1pt">Unvested as of March 31, 2025</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_984_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_iE_pid_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zXvEb4GqUQO1" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Number of shares unvested, at end"><span style="-sec-ix-hidden: xdx2ixbrl2225">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_989_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested_iE_pn3n3_c20240401__20250331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zQUFgWc6joXj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Grant date fair value unvested, at end"><span style="-sec-ix-hidden: xdx2ixbrl2227">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> 500000 293000 500000 293000 3880022 5432000 3880022 5432000 59900 59900 <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_pn3n3_zvjk2u7AlY44" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Stock-Based Compensation (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BD_zIoKLDfVSG8e" style="display: none">Schedule of ESOP stock option activity</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Shares</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Weighted average<br/>exercise price</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Weighted-average<br/>remaining<br/>contractual term <br/>(in years)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Aggregate<br/>intrinsic value</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Options outstanding at April 1, 2025 </b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zqAwWnRtDGm5" style="width: 9%; text-align: right" title="Options outstanding, beginning"><b>59,900</b></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"><b>$</b></td> <td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zI2P8w2Kb836" style="width: 9%; text-align: right" title="Options outstanding weighted average exercise price, beginning"><b><span style="-sec-ix-hidden: xdx2ixbrl2237">-</span></b></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><b>-</b></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"><b>$</b></td> <td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iS_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_z9nhLmYaROE9" style="width: 9%; text-align: right" title="Aggregate intrinsic value, beginning"><b><span style="-sec-ix-hidden: xdx2ixbrl2239">-</span></b></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Options granted</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zHQXdINhSpOa" style="text-align: right" title="Options granted"><span style="-sec-ix-hidden: xdx2ixbrl2241">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zn7r0UJ5c56" style="text-align: right" title="Options granted weighted average exercise price"><span style="-sec-ix-hidden: xdx2ixbrl2243">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Options exercised</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98A_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zOTVppFqyta2" style="text-align: right" title="Options exercised"><span style="-sec-ix-hidden: xdx2ixbrl2245">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zLeQwltI7vae" style="text-align: right" title="Options exercised weighted average exercise price"><span style="-sec-ix-hidden: xdx2ixbrl2247">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_z3lGDtEFpUj4" style="text-align: right" title="Aggregate intrinsic value, exercised"><span style="-sec-ix-hidden: xdx2ixbrl2249">-</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Options canceled, forfeited or expired</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zNsDCNbdexFg" style="border-bottom: Black 1pt solid; text-align: right" title="Options cancelled, forfeited or expired"><span style="-sec-ix-hidden: xdx2ixbrl2251">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zdJIf3YCCdy5" style="border-bottom: Black 1pt solid; text-align: right" title="Options cancelled, forfeited or expired weighted average exercise price"><span style="-sec-ix-hidden: xdx2ixbrl2253">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">-</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">-</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Options outstanding at March 31, 2026</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_z0RIp2j7SAh7" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding, ending"><b>59,900</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_znn1wgH7dKaa" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding weighted average exercise price, ending"><b>0.11</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90F_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zC5OY1FyKnr9" title="Weighted average remaining contractual term">2.32</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iE_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_z7PmcopmG3Uc" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregate intrinsic value, ending"><b>635</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Vested and exercisable at March 31, 2026</b></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber_iI_pid_c20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zEfsxdHswtSc" style="text-align: right" title="Vested and exercisable"><b>59,900</b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"><b>$</b></td> <td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice_iI_pid_c20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zZny5yJdIl21" style="text-align: right" title="Vested and exercisable weighted average exercise price"><b>0.11</b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><b><span id="xdx_90D_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1_dtY_c20250401__20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_zmWrivPSHNx1" title="Weighted average remaining contractual term, vested and exercisable">2.32</span></b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"><b>$</b></td> <td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue_pn3n3_c20260331__us-gaap--AwardTypeAxis__custom--ESOPStockOptionMember_z3CPBbc1cyUi" style="text-align: right" title="Aggregate intrinsic value, vested and exercisable"><b>635</b></td> <td style="text-align: left"> </td> </tr> </table> 59900 59900 0.11 P2Y3M25D 635000 59900 0.11 P2Y3M25D 635000 295565 the balance 59,110 options under MSOP were exercised by Mr. Bhisham (Ajay) Khare with exercise price of INR 10 (or approximately $0.11 at the exchange rate in effect on March 31, 2026). As on March 31, 2026, a remittance in transit of $6.24 has been recognized in respect of the exercise price of such options. <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--ScheduleOfShareBasedCompensationStocksOptionsActivityTableTextBlock_pn3n3_zg4umA7phPtj" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Stock-Based Compensation (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zqBSogDHlahf" style="display: none">Schedule of stock option activity</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Shares</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Weighted average<br/>exercise price</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Weighted-average<br/>remaining<br/>contractual term<br/>(in years)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Aggregate<br/>intrinsic value</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Options outstanding at April 1, 2025</b></td> <td style="width: 1%"><b> </b></td> <td style="width: 1%; text-align: left"><b> </b></td> <td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_z0Aj2tgOl2E2" style="width: 9%; text-align: right" title="Options outstanding, beginning"><b>295,565</b></td> <td style="width: 1%; text-align: left"><b> </b></td> <td style="width: 1%"><b> </b></td> <td style="width: 1%; text-align: left"><b>$</b></td> <td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zkie17oUDoE1" style="width: 9%; text-align: right" title="Options outstanding weighted average exercise price, beginning"><b><span style="-sec-ix-hidden: xdx2ixbrl2280">-</span></b></td> <td style="width: 1%; text-align: left"><b> </b></td> <td style="width: 1%"><b> </b></td> <td style="width: 1%; text-align: left"><b> </b></td> <td style="width: 9%; text-align: right"><b>-</b></td> <td style="width: 1%; text-align: left"><b> </b></td> <td style="width: 1%"><b> </b></td> <td style="width: 1%; text-align: left"><b>$</b></td> <td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iS_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zCSdZuKUPlx" style="width: 9%; text-align: right" title="Aggregate intrinsic value, beginning"><b><span style="-sec-ix-hidden: xdx2ixbrl2282">-</span></b></td> <td style="width: 1%; text-align: left"><b> </b></td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Options granted</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zey9o5Jw6Km7" style="text-align: right" title="Options granted"><span style="-sec-ix-hidden: xdx2ixbrl2284">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zzPcG9Zai7L1" style="text-align: right" title="Options granted weighted average exercise price"><span style="-sec-ix-hidden: xdx2ixbrl2286">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Options exercised</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_pid_di_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_ziil9OOQfY4g" style="text-align: right" title="Options exercised">(59,110</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_z0Sx77QPSco7" style="text-align: right" title="Options exercised weighted average exercise price"><span style="-sec-ix-hidden: xdx2ixbrl2290">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zSixTkIl4X54" style="text-align: right" title="Aggregate intrinsic value, exercised"><span style="-sec-ix-hidden: xdx2ixbrl2292">-</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Options cancelled, forfeited or expired</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_iN_pid_di_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zM6TEtdJKLZa" style="border-bottom: Black 1pt solid; text-align: right" title="Options cancelled, forfeited or expired">(236,455</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zuj91JRvjSz3" style="border-bottom: Black 1pt solid; text-align: right" title="Options cancelled, forfeited or expired weighted average exercise price"><span style="-sec-ix-hidden: xdx2ixbrl2296">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">-</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">-</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Options outstanding at March 31, 2026</b></td> <td style="padding-bottom: 2.25pt"><b> </b></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b> </b></td> <td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zHvX21CitpO5" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding, ending"><b><span style="-sec-ix-hidden: xdx2ixbrl2298">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"><b> </b></td> <td style="padding-bottom: 2.25pt"><b> </b></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_pid_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zpmkdiB2ntq6" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding weighted average exercise price, ending"><b><span style="-sec-ix-hidden: xdx2ixbrl2300">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"><b> </b></td> <td style="padding-bottom: 2.25pt"><b> </b></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b> </b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b>-</b></td> <td style="text-align: left; padding-bottom: 2.25pt"><b> </b></td> <td style="padding-bottom: 2.25pt"><b> </b></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iE_pn3n3_c20250401__20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_z1JbILCWa0Jk" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregate intrinsic value, ending"><b><span style="-sec-ix-hidden: xdx2ixbrl2302">-</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"><b> </b></td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Vested and exercisable at March 31, 2026</b></td> <td><b> </b></td> <td style="text-align: left"><b> </b></td> <td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber_c20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_z1noNpLxeTnj" style="text-align: right" title="Vested and exercisable"><b><span style="-sec-ix-hidden: xdx2ixbrl2304">-</span></b></td> <td style="text-align: left"><b> </b></td> <td><b> </b></td> <td style="text-align: left"><b>$</b></td> <td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice_c20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zft0wif0ur8j" style="text-align: right" title="Vested and exercisable weighted average exercise price"><b><span style="-sec-ix-hidden: xdx2ixbrl2306">-</span></b></td> <td style="text-align: left"><b> </b></td> <td><b> </b></td> <td style="text-align: left"><b> </b></td> <td style="text-align: right"><b>-</b></td> <td style="text-align: left"><b> </b></td> <td><b> </b></td> <td style="text-align: left"><b>$</b></td> <td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue_pn3n3_c20260331__us-gaap--AwardTypeAxis__custom--MSOPStockOptionMember_zMBRVU0LjKte" style="text-align: right" title="Aggregate intrinsic value, Vested and exercisable"><b><span style="-sec-ix-hidden: xdx2ixbrl2308">-</span></b></td> <td style="text-align: left"><b> </b></td> </tr> </table> 295565 59110 236455 <table cellpadding="0" cellspacing="0" id="xdx_89C_eus-gaap--ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_pn3n3_zdw22GjKXAs2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Stock-Based Compensation (Details 3)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B1_zTViBtn6KFm5" style="display: none">Schedule of weighted average assumptions</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2022<br/>Grants</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Expected term</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90D_eus-gaap--SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_dtY_c20250401__20260331_zHJlLs1EYVEe" title="Expected term">3.5</span> years</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Expected volatility</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate_pid_dp_c20250401__20260331_zeDnLcpE3VG1" title="Expected volatility">40.80</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Risk free interest rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionRiskFreeInterestRate_pid_dp_c20250401__20260331_zjLyH3iG6jId" title="Risk free interest rate">3.01</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Annual dividend yield</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_pid_dp_c20250401__20260331_zJhrUCIqAq7e" title="Annual dividend yield">0.00</span></td> <td style="text-align: left">%</td> </tr> </table> P3Y6M 0.4080 0.0301 0.0000 293000 12746000 0 0 <p id="xdx_803_ecustom--LeasesTextBlock_z2nSVh4mAoIk" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 15 - <span id="xdx_820_zcfDT1KiL9m">Leases</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has operating and finance leases for real estate, computer equipment, and furniture and fixtures. Assets acquired under finance leases are recorded in “Property and equipment, net” in the carve-out consolidated balance sheets and were $<span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_zGSImPamjOX8" title="Property and equipment, gross">134</span> and $<span id="xdx_902_eus-gaap--PropertyPlantAndEquipmentGross_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_z3XtuEk2DNtj" title="Property and equipment, gross">247 </span>as of March 31, 2026 and March 31, 2025, respectively. Accumulated depreciation associated with finance lease assets was $<span id="xdx_903_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iI_pn3n3_c20260331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_zH4KgJ0zp6dj" title="Accumulated depreciation and amortization">1,656</span> and $<span id="xdx_908_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iI_pn3n3_c20250331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FinanceLeaseArrangementsMember_zPzsltB6oYA3" title="Accumulated depreciation and amortization">1,632</span> as of March 31, 2026 and March 31, 2025, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Lease cost recognized in our carve-out consolidated statements of operations is summarized as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--LeaseCostTableTextBlock_pn3n3_zR9ov9zYz8Hc" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Leases (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><span id="xdx_8B8_zltPBAbjmq91" style="display: none">Schedule of lease cost</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Finance lease cost:</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Amortization of lease assets (Note a)</td> <td> </td> <td style="text-align: left">$</td> <td id="xdx_98C_eus-gaap--FinanceLeaseRightOfUseAssetAmortization_pn3n3_c20250401__20260331_fKGEp_zYOaObG6uLNk" style="text-align: right" title="Amortization of lease assets">192</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_986_eus-gaap--FinanceLeaseRightOfUseAssetAmortization_pn3n3_c20240401__20250331_fKGEp_zjUhxpUAmd5d" style="text-align: right" title="Amortization of lease assets">303</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Interest on lease liabilities (Note b)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_eus-gaap--FinanceLeaseInterestExpense_pn3n3_c20250401__20260331_fKGIp_z0Z6oX0Ssd06" style="text-align: right" title="Interest on lease liabilities">28</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_984_eus-gaap--FinanceLeaseInterestExpense_pn3n3_c20240401__20250331_fKGIp_zYMY34S62xGa" style="text-align: right" title="Interest on lease liabilities">39</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Operating lease cost (Note a)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_eus-gaap--OperatingLeaseCost_pn3n3_c20250401__20260331_fKGEp_zAXSAT0ZXk9k" style="text-align: right" title="Operating lease cost">4,026</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98B_eus-gaap--OperatingLeaseCost_pn3n3_c20240401__20250331_fKGEp_zYAKjKONg5C5" style="text-align: right" title="Operating lease cost">3,376</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Short-term and variable lease cost (Note a)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98B_eus-gaap--ShortTermLeaseCost_pn3n3_c20250401__20260331_fKGEp_z52tvKZZhJqh" style="border-bottom: Black 1pt solid; text-align: right" title="Short-term and variable lease cost">113</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_982_eus-gaap--ShortTermLeaseCost_pn3n3_c20240401__20250331_fKGEp_zrVozNkNsRE2" style="border-bottom: Black 1pt solid; text-align: right" title="Short-term and variable lease cost">61</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total lease cost</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98B_eus-gaap--LeaseCost_pn3n3_c20250401__20260331_zHL9nROT7de1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total lease cost"><b>4,359</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td id="xdx_986_eus-gaap--LeaseCost_pn3n3_c20240401__20250331_zouOrNa5EzQ5" style="border-bottom: Black 2.5pt double; text-align: right" title="Total lease cost"><b>3,779</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%; margin-left: 0; margin-right: auto"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0in"></td> <td id="xdx_F02_zV4EBN0rRcJj" style="width: 0.25in; text-align: justify">a)</td> <td id="xdx_F11_zpSmzWXPtwT6" style="text-align: justify"> Included in “cost of revenue” and “selling, general and administrative expenses” in the Consolidated Statements of Comprehensive Income / (loss).</td> </tr> <tr style="vertical-align: top"> <td></td> <td id="xdx_F06_zEQ1U0qx8m3a" style="text-align: justify">b)</td> <td id="xdx_F1A_zywd1rTblvgl" style="text-align: justify"> Included in “interest income (expense), net” in the Consolidated Statements of Comprehensive Income / (loss).</td> </tr> </table> <p id="xdx_8A2_z0ZrsJEs0U7d" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Cash flows arising from lease transactions were as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfCashFlowsArisingLeaseTransactionsTableTextBlock_pn3n3_zS642HfHQxQd" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Leases (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><span id="xdx_8B4_z0C50G9lzbBh" style="display: none">Schedule of cash flows arising lease transactions</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_495_20250401__20260331_zFcXrUoQT1Ce" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_493_20240401__20250331_zPZiPueFVZ9b" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40C_ecustom--CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilitiesAbstract_iB_zV6jTUJbzczd" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Cash paid for amounts included in the measurement of lease liabilities:</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_403_ecustom--OperatingCashFlowsFromOperatingLeases_i01_pn3n3_z5mbPubaO8O2" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Operating cash flows from operating leases</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">115</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,555</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_408_ecustom--OperatingCashFlowsFromFinanceLeases_i01_pn3n3_z9YvMgS53nUl" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Operating cash flows from finance leases</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">28</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">39</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_408_ecustom--FinancingCashFlowsFromFinanceLeases_i01_pn3n3_zQmQRoCFF3hb" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Financing cash flows from finance leases</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">176</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">335</td> <td style="text-align: left"> </td> </tr> </table> <p id="xdx_8AE_zoh0ol7dFXRl" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Other information about lease amounts recognized in the consolidated financial statements is summarized as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--ScheduleOfOtherInformationAboutLeaseAmountsTableTextBlock_pn3n3_zryWqagJhqz" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Leases (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><span id="xdx_8B1_zAoxDeCcB1Ah" style="display: none">Schedule of other information about lease amounts</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Weighted-average remaining lease term (years):</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Operating lease</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eus-gaap--LesseeOperatingLeaseRemainingLeaseTerm_iI_dtY_c20260331_zeLWng1YT5mj" title="Operating lease">3.24</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eus-gaap--LesseeOperatingLeaseRemainingLeaseTerm_iI_dtY_c20250331_z5TX6KWfwlT8" title="Operating lease">3.97</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Finance lease</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eus-gaap--LesseeFinanceLeaseRemainingLeaseTerm_iI_dtY_c20260331_zvt3VpfJ4tcl" title="Finance lease">1.93</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_eus-gaap--LesseeFinanceLeaseRemainingLeaseTerm_iI_dtY_c20250331_zpIXVErwmY7i" title="Finance lease">1.60</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Weighted-average discount rate:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Operating lease</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eus-gaap--LesseeOperatingLeaseDiscountRate_iI_pid_dp_c20260331_zAQyuhBxYvi5" title="Operating lease">9.35</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eus-gaap--LesseeOperatingLeaseDiscountRate_iI_pid_dp_c20250331_zZzx52I4Mpjb" title="Operating lease">10.81</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Finance lease</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eus-gaap--LesseeFinanceLeaseDiscountRate_iI_pid_dp_c20260331_zJKy2hSuW9vi" title="Finance lease">10.73</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eus-gaap--LesseeFinanceLeaseDiscountRate_iI_pid_dp_c20250331_zKF5BIfykBYh" title="Finance lease">13.54</span></td> <td style="text-align: left">%</td> </tr> </table> <p id="xdx_8AB_zQnBmrKBPK1a" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_8A6_z7Uz4Ce8PUXg" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026, the Company’s lease liabilities were as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89E_eus-gaap--FinanceLeaseLiabilityMaturityTableTextBlock_pn3n3_zE29X1rXnUja" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Leases (Details 3)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8B3_zDyawG813A99" style="display: none">Schedule of lease liabilities</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Operating</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Finance</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Gross lease liabilities</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_989_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_pn3n3_c20260331_z0SDYVYmEgEd" style="width: 9%; text-align: right" title="Gross Operating lease liabilities">10,365</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_981_eus-gaap--FinanceLeaseLiabilityPaymentsDue_pn3n3_c20260331_zfv5KoVWZzAf" style="width: 9%; text-align: right" title="Gross Finance lease liabilities">198</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_989_ecustom--GrossLeaseLiabilities_pn3n3_c20260331_zHywjnxEkRtl" style="width: 9%; text-align: right" title="Gross lease liabilities">10,563</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Less: imputed interest</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98E_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_pn3n3_c20260331_zUJHrNLFvht5" style="border-bottom: Black 1pt solid; text-align: right" title="Less: Operating imputed interest">1,313</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98C_eus-gaap--FinanceLeaseLiabilityUndiscountedExcessAmount_pn3n3_c20260331_zHxa8eR3t3xl" style="border-bottom: Black 1pt solid; text-align: right" title="Less: Finance imputed interest">26</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_ecustom--LessImputedInterest_pn3n3_c20260331_zn6IZ3RbXCvl" style="border-bottom: Black 1pt solid; text-align: right" title="Less: imputed interest">1,339</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><b>Present value of lease liabilities</b></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_eus-gaap--OperatingLeaseLiability_pn3n3_c20260331_zjEG4jjvihS1" style="text-align: right" title="Present value of Operating lease liabilities"><b>9,052</b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_985_eus-gaap--FinanceLeaseLiability_pn3n3_c20260331_zSNuhGpEbI9b" style="text-align: right" title="Present value of Finance lease liabilities"><b>172</b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_ecustom--PresentValueOfLeaseLiabilities_pn3n3_c20260331_z7wGltpH6wul" style="text-align: right" title="Present value of lease liabilities"><b>9,224</b></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Less: current portion of lease liabilities</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98C_eus-gaap--OperatingLeaseLiabilityCurrent_pn3n3_c20260331_zLiNR1ZQZMS3" style="border-bottom: Black 1pt solid; text-align: right" title="Less: current portion of Operating lease liabilities">2,694</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_987_eus-gaap--FinanceLeaseLiabilityCurrent_pn3n3_c20260331_zHnJnnfojF8l" style="border-bottom: Black 1pt solid; text-align: right" title="Less: current portion of Finance lease liabilities">89</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_988_ecustom--CurrentPortionOfLeaseLiabilities_pn3n3_c20260331_z4jowX8I6CQb" style="border-bottom: Black 1pt solid; text-align: right" title="Less: current portion of lease liabilities">2,783</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total long-term lease liabilities</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_981_eus-gaap--OperatingLeaseLiabilityNoncurrent_pn3n3_c20260331_zyQiMdsHDft" style="border-bottom: Black 2.5pt double; text-align: right" title="Total long-term Operating lease liabilities"><b>6,358</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_980_eus-gaap--FinanceLeaseLiabilityNoncurrent_pn3n3_c20260331_ziJ5lnuuuiWg" style="border-bottom: Black 2.5pt double; text-align: right" title="Total long-term Finance lease liabilities"><b>83</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98A_ecustom--LongtermLeaseLiabilities_pn3n3_c20260331_zCiWR63PRDjj" style="border-bottom: Black 2.5pt double; text-align: right" title="Total long-term lease liabilities"><b>6,441</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p id="xdx_8AB_zpZIJuF1fnq7" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Future minimum annual lease payments under the Company’s operating and finance leases as of March 31, 2026 are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89B_eus-gaap--LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock_pn3n3_zSVgGsOTCa35" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Leases (Details 4)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zXuySplmwUuj" style="display: none">Schedule of annual lease payments</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Operating</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Finance</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2027</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_983_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_pn3n3_c20260331_zO6jiMslIkkl" style="width: 9%; text-align: right" title="2027">3,608</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98E_eus-gaap--FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_iI_pn3n3_c20260331_ziWRPMHHViw5" style="width: 9%; text-align: right" title="2027">124</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2028</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_989_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_pn3n3_c20260331_zLNi9QgcE9Pg" style="text-align: right" title="2028">3,076</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearTwo_iI_pn3n3_c20260331_zBCpJkxYA1na" style="text-align: right" title="2028">49</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2029</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_989_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearThree_iI_pn3n3_c20260331_zYK1oKuhWJm2" style="text-align: right" title="2029">2,546</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_984_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearThree_iI_pn3n3_c20260331_zIs2tCN6bzm8" style="text-align: right" title="2029">25</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2030</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFour_iI_pn3n3_c20260331_zG10HXubmRqe" style="text-align: right" title="2030">1,135</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98E_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFour_iI_pn3n3_c20260331_zNuE3Vqapygk" style="text-align: right" title="2030"><span style="-sec-ix-hidden: xdx2ixbrl2443">-</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Thereafter</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_984_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_iI_pn3n3_c20260331_zGCdrDGUN7Kh" style="text-align: right" title="Thereafter"><span style="-sec-ix-hidden: xdx2ixbrl2445">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_eus-gaap--FinanceLeaseLiabilityPaymentsDueAfterYearFive_iI_pn3n3_c20260331_zKDxeCUOkGYg" style="text-align: right" title="Thereafter"><span style="-sec-ix-hidden: xdx2ixbrl2447">-</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total lease payments</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><b>$</b></td> <td id="xdx_981_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_iI_pn3n3_c20260331_zKF9W7OW2Deh" style="border-bottom: Black 1pt solid; text-align: right" title="Total lease payments"><b>10,365</b></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><b>$</b></td> <td id="xdx_986_eus-gaap--FinanceLeaseLiabilityPaymentsDue_iI_pn3n3_c20260331_zypVV7nXgzyi" style="border-bottom: Black 1pt solid; text-align: right" title="Total lease payments"><b>198</b></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Less: Imputed interest</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_981_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iI_pn3n3_c20260331_zw5CKkAtHxuh" style="border-bottom: Black 1pt solid; text-align: right" title="Less: Imputed interest">1,313</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_985_eus-gaap--FinanceLeaseLiabilityUndiscountedExcessAmount_iI_pn3n3_c20260331_zfBxurKBqVAi" style="border-bottom: Black 1pt solid; text-align: right" title="Less: Imputed interest">26</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98A_eus-gaap--OperatingLeaseLiability_iI_pn3n3_c20260331_z1jifVDAxGyi" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><b>9,052</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_981_eus-gaap--FinanceLeaseLiability_iI_pn3n3_c20260331_zZzLqOmXbS9b" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><b>172</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 134000 247000 1656000 1632000 <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--LeaseCostTableTextBlock_pn3n3_zR9ov9zYz8Hc" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Leases (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><span id="xdx_8B8_zltPBAbjmq91" style="display: none">Schedule of lease cost</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Finance lease cost:</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Amortization of lease assets (Note a)</td> <td> </td> <td style="text-align: left">$</td> <td id="xdx_98C_eus-gaap--FinanceLeaseRightOfUseAssetAmortization_pn3n3_c20250401__20260331_fKGEp_zYOaObG6uLNk" style="text-align: right" title="Amortization of lease assets">192</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_986_eus-gaap--FinanceLeaseRightOfUseAssetAmortization_pn3n3_c20240401__20250331_fKGEp_zjUhxpUAmd5d" style="text-align: right" title="Amortization of lease assets">303</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Interest on lease liabilities (Note b)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_eus-gaap--FinanceLeaseInterestExpense_pn3n3_c20250401__20260331_fKGIp_z0Z6oX0Ssd06" style="text-align: right" title="Interest on lease liabilities">28</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_984_eus-gaap--FinanceLeaseInterestExpense_pn3n3_c20240401__20250331_fKGIp_zYMY34S62xGa" style="text-align: right" title="Interest on lease liabilities">39</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Operating lease cost (Note a)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_eus-gaap--OperatingLeaseCost_pn3n3_c20250401__20260331_fKGEp_zAXSAT0ZXk9k" style="text-align: right" title="Operating lease cost">4,026</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98B_eus-gaap--OperatingLeaseCost_pn3n3_c20240401__20250331_fKGEp_zYAKjKONg5C5" style="text-align: right" title="Operating lease cost">3,376</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Short-term and variable lease cost (Note a)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98B_eus-gaap--ShortTermLeaseCost_pn3n3_c20250401__20260331_fKGEp_z52tvKZZhJqh" style="border-bottom: Black 1pt solid; text-align: right" title="Short-term and variable lease cost">113</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_982_eus-gaap--ShortTermLeaseCost_pn3n3_c20240401__20250331_fKGEp_zrVozNkNsRE2" style="border-bottom: Black 1pt solid; text-align: right" title="Short-term and variable lease cost">61</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total lease cost</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98B_eus-gaap--LeaseCost_pn3n3_c20250401__20260331_zHL9nROT7de1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total lease cost"><b>4,359</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td> <td id="xdx_986_eus-gaap--LeaseCost_pn3n3_c20240401__20250331_zouOrNa5EzQ5" style="border-bottom: Black 2.5pt double; text-align: right" title="Total lease cost"><b>3,779</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%; margin-left: 0; margin-right: auto"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0in"></td> <td id="xdx_F02_zV4EBN0rRcJj" style="width: 0.25in; text-align: justify">a)</td> <td id="xdx_F11_zpSmzWXPtwT6" style="text-align: justify"> Included in “cost of revenue” and “selling, general and administrative expenses” in the Consolidated Statements of Comprehensive Income / (loss).</td> </tr> <tr style="vertical-align: top"> <td></td> <td id="xdx_F06_zEQ1U0qx8m3a" style="text-align: justify">b)</td> <td id="xdx_F1A_zywd1rTblvgl" style="text-align: justify"> Included in “interest income (expense), net” in the Consolidated Statements of Comprehensive Income / (loss).</td> </tr> </table> 192000 303000 28000 39000 4026000 3376000 113000 61000 4359000 3779000 <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfCashFlowsArisingLeaseTransactionsTableTextBlock_pn3n3_zS642HfHQxQd" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Leases (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><span id="xdx_8B4_z0C50G9lzbBh" style="display: none">Schedule of cash flows arising lease transactions</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_495_20250401__20260331_zFcXrUoQT1Ce" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_493_20240401__20250331_zPZiPueFVZ9b" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40C_ecustom--CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilitiesAbstract_iB_zV6jTUJbzczd" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Cash paid for amounts included in the measurement of lease liabilities:</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr id="xdx_403_ecustom--OperatingCashFlowsFromOperatingLeases_i01_pn3n3_z5mbPubaO8O2" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Operating cash flows from operating leases</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">115</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,555</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_408_ecustom--OperatingCashFlowsFromFinanceLeases_i01_pn3n3_z9YvMgS53nUl" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Operating cash flows from finance leases</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">28</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">39</td> <td style="text-align: left"> </td> </tr> <tr id="xdx_408_ecustom--FinancingCashFlowsFromFinanceLeases_i01_pn3n3_zQmQRoCFF3hb" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Financing cash flows from finance leases</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">176</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">335</td> <td style="text-align: left"> </td> </tr> </table> 115000 3555000 28000 39000 176000 335000 <table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--ScheduleOfOtherInformationAboutLeaseAmountsTableTextBlock_pn3n3_zryWqagJhqz" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Leases (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><span id="xdx_8B1_zAoxDeCcB1Ah" style="display: none">Schedule of other information about lease amounts</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Weighted-average remaining lease term (years):</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Operating lease</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eus-gaap--LesseeOperatingLeaseRemainingLeaseTerm_iI_dtY_c20260331_zeLWng1YT5mj" title="Operating lease">3.24</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eus-gaap--LesseeOperatingLeaseRemainingLeaseTerm_iI_dtY_c20250331_z5TX6KWfwlT8" title="Operating lease">3.97</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Finance lease</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eus-gaap--LesseeFinanceLeaseRemainingLeaseTerm_iI_dtY_c20260331_zvt3VpfJ4tcl" title="Finance lease">1.93</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_eus-gaap--LesseeFinanceLeaseRemainingLeaseTerm_iI_dtY_c20250331_zpIXVErwmY7i" title="Finance lease">1.60</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Weighted-average discount rate:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Operating lease</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eus-gaap--LesseeOperatingLeaseDiscountRate_iI_pid_dp_c20260331_zAQyuhBxYvi5" title="Operating lease">9.35</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eus-gaap--LesseeOperatingLeaseDiscountRate_iI_pid_dp_c20250331_zZzx52I4Mpjb" title="Operating lease">10.81</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Finance lease</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eus-gaap--LesseeFinanceLeaseDiscountRate_iI_pid_dp_c20260331_zJKy2hSuW9vi" title="Finance lease">10.73</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eus-gaap--LesseeFinanceLeaseDiscountRate_iI_pid_dp_c20250331_zKF5BIfykBYh" title="Finance lease">13.54</span></td> <td style="text-align: left">%</td> </tr> </table> P3Y2M26D P3Y11M19D P1Y11M4D P1Y7M6D 0.0935 0.1081 0.1073 0.1354 <table cellpadding="0" cellspacing="0" id="xdx_89E_eus-gaap--FinanceLeaseLiabilityMaturityTableTextBlock_pn3n3_zE29X1rXnUja" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Leases (Details 3)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><span id="xdx_8B3_zDyawG813A99" style="display: none">Schedule of lease liabilities</span></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; padding-bottom: 0.5pt"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Operating</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Finance</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Gross lease liabilities</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_989_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_pn3n3_c20260331_z0SDYVYmEgEd" style="width: 9%; text-align: right" title="Gross Operating lease liabilities">10,365</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_981_eus-gaap--FinanceLeaseLiabilityPaymentsDue_pn3n3_c20260331_zfv5KoVWZzAf" style="width: 9%; text-align: right" title="Gross Finance lease liabilities">198</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_989_ecustom--GrossLeaseLiabilities_pn3n3_c20260331_zHywjnxEkRtl" style="width: 9%; text-align: right" title="Gross lease liabilities">10,563</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Less: imputed interest</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98E_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_pn3n3_c20260331_zUJHrNLFvht5" style="border-bottom: Black 1pt solid; text-align: right" title="Less: Operating imputed interest">1,313</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98C_eus-gaap--FinanceLeaseLiabilityUndiscountedExcessAmount_pn3n3_c20260331_zHxa8eR3t3xl" style="border-bottom: Black 1pt solid; text-align: right" title="Less: Finance imputed interest">26</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_ecustom--LessImputedInterest_pn3n3_c20260331_zn6IZ3RbXCvl" style="border-bottom: Black 1pt solid; text-align: right" title="Less: imputed interest">1,339</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><b>Present value of lease liabilities</b></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_eus-gaap--OperatingLeaseLiability_pn3n3_c20260331_zjEG4jjvihS1" style="text-align: right" title="Present value of Operating lease liabilities"><b>9,052</b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_985_eus-gaap--FinanceLeaseLiability_pn3n3_c20260331_zSNuhGpEbI9b" style="text-align: right" title="Present value of Finance lease liabilities"><b>172</b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_ecustom--PresentValueOfLeaseLiabilities_pn3n3_c20260331_z7wGltpH6wul" style="text-align: right" title="Present value of lease liabilities"><b>9,224</b></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Less: current portion of lease liabilities</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98C_eus-gaap--OperatingLeaseLiabilityCurrent_pn3n3_c20260331_zLiNR1ZQZMS3" style="border-bottom: Black 1pt solid; text-align: right" title="Less: current portion of Operating lease liabilities">2,694</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_987_eus-gaap--FinanceLeaseLiabilityCurrent_pn3n3_c20260331_zHnJnnfojF8l" style="border-bottom: Black 1pt solid; text-align: right" title="Less: current portion of Finance lease liabilities">89</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_988_ecustom--CurrentPortionOfLeaseLiabilities_pn3n3_c20260331_z4jowX8I6CQb" style="border-bottom: Black 1pt solid; text-align: right" title="Less: current portion of lease liabilities">2,783</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total long-term lease liabilities</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_981_eus-gaap--OperatingLeaseLiabilityNoncurrent_pn3n3_c20260331_zyQiMdsHDft" style="border-bottom: Black 2.5pt double; text-align: right" title="Total long-term Operating lease liabilities"><b>6,358</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_980_eus-gaap--FinanceLeaseLiabilityNoncurrent_pn3n3_c20260331_ziJ5lnuuuiWg" style="border-bottom: Black 2.5pt double; text-align: right" title="Total long-term Finance lease liabilities"><b>83</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98A_ecustom--LongtermLeaseLiabilities_pn3n3_c20260331_zCiWR63PRDjj" style="border-bottom: Black 2.5pt double; text-align: right" title="Total long-term lease liabilities"><b>6,441</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 10365000 198000 10563000 1313000 26000 1339000 9052000 172000 9224000 2694000 89000 2783000 6358000 83000 6441000 <table cellpadding="0" cellspacing="0" id="xdx_89B_eus-gaap--LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock_pn3n3_zSVgGsOTCa35" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Leases (Details 4)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zXuySplmwUuj" style="display: none">Schedule of annual lease payments</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Operating</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Finance</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2027</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_983_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_pn3n3_c20260331_zO6jiMslIkkl" style="width: 9%; text-align: right" title="2027">3,608</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98E_eus-gaap--FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_iI_pn3n3_c20260331_ziWRPMHHViw5" style="width: 9%; text-align: right" title="2027">124</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2028</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_989_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_pn3n3_c20260331_zLNi9QgcE9Pg" style="text-align: right" title="2028">3,076</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearTwo_iI_pn3n3_c20260331_zBCpJkxYA1na" style="text-align: right" title="2028">49</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2029</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_989_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearThree_iI_pn3n3_c20260331_zYK1oKuhWJm2" style="text-align: right" title="2029">2,546</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_984_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearThree_iI_pn3n3_c20260331_zIs2tCN6bzm8" style="text-align: right" title="2029">25</td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">2030</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFour_iI_pn3n3_c20260331_zG10HXubmRqe" style="text-align: right" title="2030">1,135</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98E_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFour_iI_pn3n3_c20260331_zNuE3Vqapygk" style="text-align: right" title="2030"><span style="-sec-ix-hidden: xdx2ixbrl2443">-</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Thereafter</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_984_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_iI_pn3n3_c20260331_zGCdrDGUN7Kh" style="text-align: right" title="Thereafter"><span style="-sec-ix-hidden: xdx2ixbrl2445">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_eus-gaap--FinanceLeaseLiabilityPaymentsDueAfterYearFive_iI_pn3n3_c20260331_zKDxeCUOkGYg" style="text-align: right" title="Thereafter"><span style="-sec-ix-hidden: xdx2ixbrl2447">-</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total lease payments</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><b>$</b></td> <td id="xdx_981_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_iI_pn3n3_c20260331_zKF9W7OW2Deh" style="border-bottom: Black 1pt solid; text-align: right" title="Total lease payments"><b>10,365</b></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><b>$</b></td> <td id="xdx_986_eus-gaap--FinanceLeaseLiabilityPaymentsDue_iI_pn3n3_c20260331_zypVV7nXgzyi" style="border-bottom: Black 1pt solid; text-align: right" title="Total lease payments"><b>198</b></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Less: Imputed interest</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_981_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iI_pn3n3_c20260331_zw5CKkAtHxuh" style="border-bottom: Black 1pt solid; text-align: right" title="Less: Imputed interest">1,313</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_985_eus-gaap--FinanceLeaseLiabilityUndiscountedExcessAmount_iI_pn3n3_c20260331_zfBxurKBqVAi" style="border-bottom: Black 1pt solid; text-align: right" title="Less: Imputed interest">26</td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98A_eus-gaap--OperatingLeaseLiability_iI_pn3n3_c20260331_z1jifVDAxGyi" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><b>9,052</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_981_eus-gaap--FinanceLeaseLiability_iI_pn3n3_c20260331_zZzLqOmXbS9b" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><b>172</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 3608000 124000 3076000 49000 2546000 25000 1135000 10365000 198000 1313000 26000 9052000 172000 <p id="xdx_809_eus-gaap--CommitmentsAndContingenciesDisclosureTextBlock_zul2dhpzkfM" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 16 - <span id="xdx_82A_zkvAwzSb2bzl">Commitments and Contingencies</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Indemnification obligations</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In the normal course of business, the Company is a party to a variety of agreements under which it may be obligated to indemnify the other party for certain matters. These obligations typically arise in contracts where the Company customarily agrees to hold the other party harmless against losses arising from a breach of representations or covenants for certain matters, infringement of third-party intellectual property rights, data privacy violations, and certain tortious conduct in the course of providing services. The duration of these indemnifications varies, and in certain cases, is indefinite.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is unable to reasonably estimate the maximum potential amount of future payments under these or similar agreements due to the unique facts and circumstances of each agreement and the fact that certain indemnifications provide for no limitation to the maximum potential future payments under the indemnification. Management is not aware of any such matters that would have a material effect on the consolidated financial statements of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Legal Proceedings</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">From time to time, the Company may be involved in proceedings and litigation, claims and other legal matters arising in the ordinary course of business. Some of these claims, lawsuits, and other proceedings may involve highly complex issues that are subject to substantial uncertainties, and could result in damages, fines, penalties, nonmonetary sanctions, or relief. Management is not currently aware of any material pending legal proceedings, except for ordinary routine litigation incidental to the business, in which we or any of our subsidiaries are involved, or where our property is subject to such proceedings.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Exchange Agreements</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Upon consummation of the Business Combination, the holders of AARK ordinary shares and ATGBA ordinary shares each entered into the Exchange Agreements. Pursuant to the Exchange Agreements, from and after the date of the Exchange Agreements and prior to April 1, 2024 and subject to certain exercise conditions, each holder of AARK ordinary shares and ATGBA ordinary shares may exchange up to 20% of the number of AARK ordinary shares and ATGBA ordinary shares, as applicable, held by such holder for Class A ordinary shares of the Company or cash, in each case as provided in the Exchange Agreements. From and after April 1, 2024 and subject to certain exercise conditions, the Company shall have the right to acquire all of the AARK or ATGBA ordinary Share for Class A ordinary shares or cash. In addition, after April 1, 2024 and subject to certain exercise condition, each shareholder of ATGBA and AARK ordinary shares shall have the right to require the Company to provide Class A ordinary shares or cash in exchange for up to all of the AARK or ATGBA ordinary share. Each share of AARK may be exchanged for 2,246 Class A ordinary shares the Company and each ATGBA ordinary share may be exchanged for 14.40 Class A ordinary shares of the Company, in each case subject to certain adjustments. The cash exchange payment may only be elected in the event approval from the Reserve Bank of India is not obtained for exchange of shares and provided that the Company has reasonable cash flow to be able to pay the cash exchange payment and such payment would not be prohibited by any then outstanding debt agreements or arrangements of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Class A ordinary shares issuance to certain vendors</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As set out in the section on <i>Derivative Financial Instruments and FPA Put Option Liability</i> under Note 2, in December 2023, ATI settled the amounts owed to certain vendors by issuance of Class A ordinary shares. If the VWAP of the Class A ordinary shares over the three trading days immediately preceding the agreement date is higher than the VWAP over the three trading days immediately preceding the six-month anniversary from the agreement date, ATI would need to issue additional Class A ordinary shares for the difference.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">This represents a derivative financial instrument, fair value of which as of March 31, 2026 has been assessed to be insignificant. Refer Note 20 for details on Fair Value Measurements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_80C_ecustom--DisclosureOfWarrantLiabilityTextBlock_zI9xt3FqL7g" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 17 - <span id="xdx_82F_z4Lzb3eppiy">Warrant Liabilities</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On October 22, 2021, pursuant to <span id="xdx_904_ecustom--InitialPublicOfferingDescription_c20250401__20260331_zgS2foIuIcSf" title="Initial public offering description">the consummation of the Initial Public Offering, the Company issued 11,499,991 Public Warrants. Simultaneously with the closing of the Initial Public Offering, WWAC issued 8,900,000 warrants in a private placement (the “Private Placement Warrants”), at a purchase price of $1.00 per Private Placement Warrant, which included 900,000 units as a result of the underwriter’s full exercise of its option to purchase up to 900,000 additional warrants, at a purchase price of $1.00 per Private Placement Warrant. On November 6, 2023, WWAC issued 627,810 other Private Placement Warrants to the Sponsor pursuant to the conversion of a promissory note payable to the Sponsor. Upon consummation of the Business Combination, the Company assumed 11,499,991 Public Warrants and 9,527,810 Private Placement Warrants (collectively the “Warrants”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company accounted for the Warrants in accordance with the guidance contained in ASC 815-40 given that certain provisions within the warrant agreement either preclude the warrants from being considered indexed to the ATI’s own stock or the fixed-for-fixed option criteria are not met. On this basis the Public and Private Placement Warrants are classified as a liability and are measured at fair value. This liability is subject to re-measurement at each balance sheet date. With each such re-measurement, the warrant liability will be adjusted to fair value, with the change in fair value recognized in the Company’s consolidated statement of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Each whole Warrant entitles the holder thereof to purchase one Class A ordinary share of the Company, par value $0.0001 per share, for $<span id="xdx_907_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember_zWKksfxBgE1" title="Exercise price of warrants">11.50</span> per share, subject to adjustment as described herein. Only whole Warrants are exercisable. A holder of the Warrants will not be able to exercise any fraction of a Warrant. The Warrants will expire at 5:00 p.m. New York City time on November 6, 2028, or earlier upon redemption or liquidation. On the exercise of any Warrant, the Warrant exercise price will be paid directly to us.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company may redeem the outstanding Warrants:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">in whole and not in part;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">at a price of $0.01 per Public Warrant;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">upon not less than 30 days’ prior written notice of redemption to each Warrant holder; and</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">if, and only if, the last reported sales price of the Class A ordinary shares for any 20 trading days within a 30-trading day period ending on third trading day prior to the date on which the Company sends the notice of redemption to the Warrant holders (the “Reference Value”) equals or exceeds $<span id="xdx_904_ecustom--SalePrice_iI_pid_c20260331_zwe0GHrXnhQ3" title="Sale price">18.00</span> per Class A ordinary share (as adjusted); provided that the Private Placement Warrants will not be redeemable by the Company under this provision so long as they are held by the initial purchasers of the Private Placement Warrants or their permitted transferees.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company may also redeem the outstanding Warrants:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">in whole and not in part;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">at $0.10 per warrant</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">upon a minimum of 30 days’ prior written notice of redemption provided that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares based on the redemption date and the fair market value of the Class A ordinary shares;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">if, and only if, the Reference Value equals or exceeds $10.00 per Class A ordinary share (as adjusted); provided that if the Reference Value equals or exceeds $<span id="xdx_907_ecustom--SalePrice_iI_pid_c20250331_zBdl1UYJQmJd" title="Sale price">18.00</span> per Class A ordinary share (as adjusted), the Private Placement Warrants will not be redeemable by the Company under this provision so long as they are held by the initial purchasers of the Private Placement Warrants or their permitted transferees.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">No fractional Class A ordinary shares will be issued upon redemption. If, upon redemption, a holder would be entitled to receive a fractional interest in a share, the Company will round down to the nearest whole number of the number of Class A ordinary shares to be issued to the holder.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> the consummation of the Initial Public Offering, the Company issued 11,499,991 Public Warrants. Simultaneously with the closing of the Initial Public Offering, WWAC issued 8,900,000 warrants in a private placement (the “Private Placement Warrants”), at a purchase price of $1.00 per Private Placement Warrant, which included 900,000 units as a result of the underwriter’s full exercise of its option to purchase up to 900,000 additional warrants, at a purchase price of $1.00 per Private Placement Warrant. On November 6, 2023, WWAC issued 627,810 other Private Placement Warrants to the Sponsor pursuant to the conversion of a promissory note payable to the Sponsor. Upon consummation of the Business Combination, the Company assumed 11,499,991 Public Warrants and 9,527,810 Private Placement Warrants (collectively the “Warrants”). 11.50 18.00 18.00 <p id="xdx_80F_eus-gaap--StockholdersEquityNoteDisclosureTextBlock_ziygYh6o4Y5a" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 18 - <span id="xdx_829_zIWKwB7oDL33">Redeemable Noncontrolling Interest and Shareholders’ Equity / (Deficit)</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The consolidated statements of changes in Redeemable Noncontrolling Interest and Shareholders’ Deficit reflect the reverse recapitalization and Business Combination as mentioned in Note 1, on Business Combination, and Reverse Recapitalization. As AARK was deemed to be the acquirer in the Business Combination, all periods prior to the completion of the Business Combination reflect the balances and activity of AARK.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Preference shares</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is authorized to issue <span id="xdx_90F_eus-gaap--PreferredStockSharesAuthorized_iI_pid_c20260331_zG9k2DC4zr02" title="Preferred stock, shares authorized">5,000,000</span> shares of preference shares, par value $<span id="xdx_901_eus-gaap--PreferredStockParOrStatedValuePerShare_iI_pid_c20260331_zTx6Yy2uEOi7" title="Preferred stock, par or stated value per share">0.0001</span> per share, with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. As of March 31, 2026, there were <span id="xdx_905_eus-gaap--PreferredStockSharesIssued_iI_pid_do_c20260331_znhZHuNGwLbb" title="Preferred stock, shares issued"><span id="xdx_90B_eus-gaap--PreferredStockSharesOutstanding_iI_pid_do_c20260331_zqOcTC9zNbw" title="Preferred stock, shares outstanding">no</span></span> shares of preference shares issued or outstanding.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Class A ordinary shares</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is authorized to issue <span id="xdx_907_eus-gaap--CommonStockSharesAuthorized_iI_pid_c20260331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zXX0HHtznkM6" title="Common stock, shares authorized">500,000,000</span> Class A ordinary shares with a par value of $<span id="xdx_905_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pid_c20260331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z3kAzXxDboj6" title="Common stock, par or stated value per share">0.0001</span> per share. As of March 31, 2026, there were <span id="xdx_90C_eus-gaap--CommonStockSharesIssued_iI_pid_c20260331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zzyNhog7yxQd" title="Common stock, shares issued"><span id="xdx_90B_eus-gaap--CommonStockSharesOutstanding_iI_pid_c20260331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zgIrDN89f7Uk" title="Common stock, shares outstanding">48,497,154</span></span> Class A ordinary shares issued and outstanding, including <span id="xdx_907_eus-gaap--TemporaryEquitySharesOutstanding_iI_pid_c20260331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zmqqzB5lra16" title="Temporary equity, shares outstanding">1,812,063</span> Class A ordinary shares subject to the FPAs. Each Class A ordinary share carries one vote and entitles the shareholders to ratable rights in dividends and distributions as well as in the event of liquidation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Treasury Stock</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026, the Company has <span id="xdx_90C_eus-gaap--TreasuryStockSharesAcquired_c20250401__20260331_pd" title="Stock held as treasury stock">2,997,954</span> shares of Common Stock held as treasury stock at cost as reduction of shareholder’s equity.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Share Repurchase Program</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">A share repurchase program has been approved by the board on February 25, 2026 (the “Repurchase Program”) pursuant to which the Company may repurchase up to $<span id="xdx_90E_ecustom--StocksRepurchasedDuringPeriodValue_pn3n3_c20260201__20260225_zappEpCfnvo6" title="Shares repurchsed, amount">5,000</span> of the Company’s Class A ordinary shares to be effected over a period of twelve (12) months.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In connection therewith, the board approved the adoption of a Rule 10b5-1 issuer share repurchase trading plan on March 23, 2026 (the “Trading Plan”), pursuant to which the Company may repurchase its ordinary shares from time to time in accordance with applicable laws and regulations, including Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. Maximum amount for cumulative purchases under the Trading Plan will not exceed $3,000 (exclusive of commission). The Company’s share repurchase program does not obligate the Company to acquire a minimum amount of shares. Under the program, shares may be repurchased in privately negotiated or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">During the period ending March 31, 2026, the Company repurchased <span id="xdx_900_eus-gaap--StockRepurchasedDuringPeriodShares_pid_c20250401__20260331_zHGQFK0iZPN2" title="Shares repurchsed, shares">1,712,562</span> shares of its common stock for $<span id="xdx_909_ecustom--StocksRepurchasedDuringPeriodValue_pn3n3_c20250401__20260331_z25dERnqqeTd" title="Shares repurchsed, amount">580</span> inclusive of commission to be held as treasury stock at cost according to ASC 505.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Shares of Common Stock</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table shows the changes in shares of common stock for 2026 and 2025:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_885_ecustom--ScheduleOfSharesOfCommonStockTableTextBlock_pn3n3_zmDoaYKHDAQk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Redeemable Noncontrolling Interest and Shareholders' Equity / (Deficit) (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><span id="xdx_8B9_zV7rEwls3rZi" style="display: none">Schedule of shares of common stock</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Common stock outstanding, beginning balances</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_eus-gaap--CommonStockSharesOutstanding_iS_pid_c20250401__20260331_z3eu0pIj7s6j" title="Common stock outstanding, beginning balances">47,152,626</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_eus-gaap--CommonStockSharesOutstanding_iS_pid_c20240401__20250331_zIdreW2PeiQ7" title="Common stock outstanding, beginning balances">15,619,004</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Common stock repurchased</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eus-gaap--StockRepurchasedAndRetiredDuringPeriodShares_iN_pid_di_c20250401__20260331_zBNw4WrAHnA2" title="Common stock repurchased">(1,712,562</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eus-gaap--StockRepurchasedAndRetiredDuringPeriodShares_iN_pid_di_c20240401__20250331_fKg_____zKbgX1UxlYM" title="Common stock repurchased">(1,285,392</span></td> <td style="text-align: left">)*</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Common stock issued</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesOther_pid_c20250401__20260331_zF2XxElCdG65" title="Common stock issued">3,057,090</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eus-gaap--StockIssuedDuringPeriodSharesOther_pid_c20240401__20250331_zAKVUuviC173" title="Common stock issued">32,819,014</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Common stock outstanding, ending balances</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><b><span id="xdx_90D_eus-gaap--CommonStockSharesOutstanding_iE_pid_c20250401__20260331_zx9hC1d9XeR1" title="Common stock outstanding, ending balances">48,497,154</span></b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><b><span id="xdx_90E_eus-gaap--CommonStockSharesOutstanding_iE_pid_c20240401__20250331_zCKCcWTVmtC4" title="Common stock outstanding, ending balances">47,152,626</span></b></td> <td style="text-align: left"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%; margin-left: 0; margin-right: auto"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0in"></td> <td id="xdx_F07_zgMR9MXvhDi" style="width: 0.25in; text-align: left">*</td> <td id="xdx_F17_zBaUz2RzlZJ2" style="text-align: justify"> As of March 31, 2025, the Company has 1,285,392 shares of Common Stock held as treasury stock which were repurchased by the Company to pay tax withholding obligations on behalf of Mr. Khare, Mr. Webb and Mr. Nambiar, in connection with the vesting of RSUs. The Company records treasury stock using the cost method.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Class V ordinary shares</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is authorized to issue 1 Class V ordinary share with a par value of $0.0001 per share. As of March 31, 2026, there was 1 Class V ordinary share issued and outstanding. The Class V share does not carry any direct economic rights in dividends and other distributions or in an event of liquidation. It does carry voting rights equal to 1.3% which will ratchet up to 51% voting rights upon occurrence of “extraordinary events” at the ATI level.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Common stock</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Pre-combination AARK had only one class of ordinary shares having no par value. Holders of ordinary shares were entitled to one vote per share held. As of June 14, 2023 (immediately prior to the effective date of a stock split), there were 10 ordinary shares outstanding, and the number of ordinary shares outstanding after a stock split was <span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesStockSplits_pid_c20230601__20230614_zOLr4AZ6Iz2j" title="Number of shares of common stock outstanding after stock split">10,000</span>. As a result of stock split, AARK’s shares were retroactively restated as if the transaction occurred at the beginning of the earliest periods presented. Consequently, as of April 1 2023 and 2022, the AARK’s ordinary shares consisted of <span id="xdx_90B_eus-gaap--CommonStockSharesIssued_iI_pid_c20230402_zxEmiEifbyl1" title="Common stock, shares issued"><span id="xdx_904_eus-gaap--CommonStockSharesIssued_iI_pid_c20220402_z3fXrCoVU5C1" title="Common stock, shares issued">10,000</span></span> shares, all of which were issued and fully paid. Upon the liquidation, dissolution or winding up of AARK, ordinary shareholders were entitled to receive a ratable share of the available net assets of AARK after payment of all debts and other liabilities. The ordinary shares had no preemptive, subscription, redemption or conversion rights.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Equity financing</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On April 8, 2024, the Company entered into a private placement transaction (the “Private Placement”), pursuant to a Share Subscription Agreement (the “Subscription Agreement”) with an institutional accredited investor (the “Investor”) for aggregate gross proceeds of $<span id="xdx_90C_eus-gaap--ProceedsFromCustomers_pn3n3_c20240401__20240408__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--InvestorMember_zcB0U8eF6hYk" title="Gross proceeds">5,000</span>. The Private Placement closed on April 23, 2024. As part of the Private Placement, the Company agreed to sell an aggregate of <span id="xdx_90D_ecustom--OrdinaryShares_iI_pid_c20240408__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember_zlinsXU05yah" title="Ordinary shares">2,261,778</span> Class A ordinary shares, $0.0001 par value per share, at a purchase price of $<span id="xdx_907_ecustom--PurchasePrice_pid_c20240401__20240408__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--InvestorMember_zPyth5AAEpEd" title="Purchase price">2.21</span> per share subject to the Beneficial Ownership Limitation. The “Beneficial Ownership Limitation” shall be 4.99% (or, at the election of the Investor at the closing of the Private Placement, 9.99%) of the number of Class A ordinary shares outstanding immediately after giving effect to the issuance of the Class A ordinary shares to the Investor.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><span id="xdx_908_ecustom--CustomaryRepresentationsWarrantiesAndCovenantsOfParties_c20240401__20240408__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember_zGipl06ZEu6k" title="Customary representations, warranties and covenants of the parties">The Subscription Agreement contains customary representations, warranties and covenants of the parties, and the closing was subject to customary closing conditions. The Company used the net proceeds of approximately $4,675 from the Private Placement, following a deduction of a 6.5% commission paid to a placement agent, for general corporate and working capital purposes.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of the closing of the Private Placement, the Company issued an aggregate of <span id="xdx_904_eus-gaap--StockIssuedDuringPeriodSharesOther_pid_c20240401__20240408__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinarySharesMember_z8t1jdWubacb" title="Number of shares issued">1,940,958</span> Class A ordinary shares at a purchase price of $<span id="xdx_90F_ecustom--PurchasePrice_pid_c20240401__20240408__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinarySharesMember_zhn9nowNpdH6" title="Purchase price">2.21</span> per share and reserved 320,820 Class A ordinary shares in adherence to the Beneficial Ownership Limitation. On July 10, 2024, and September 25, 2025, the Company issued <span id="xdx_904_eus-gaap--CommonStockSharesIssued_iI_pid_c20240710__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinarySharesMember_zMe3KhNhoXm7" title="Common stock, shares issued">270,820</span> and <span id="xdx_906_eus-gaap--CommonStockSharesIssued_iI_pid_c20250925__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinarySharesMember_zIdYAc6VbFf2" title="Common stock, shares issued">50,000</span> shares, respectively, from the previously reserved pool of <span id="xdx_90F_eus-gaap--CommonStockCapitalSharesReservedForFutureIssuance_iI_pid_c20240408__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinarySharesMember_zyw1gs4hWjy9" title="Stock reserved">320,820</span> shares, resulting in no remaining shares available for issuance.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Exchange Pursuant to Exchange Agreement</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Upon consummation of the Business Combination, the holders of AARK ordinary shares and ATGBA ordinary shares each entered into the Exchange Agreements. Pursuant to the Exchange Agreements, from the date of the Exchange Agreements and after April 1, 2024, and subject to certain exercise condition, each shareholder of AARK ordinary shares shall have the right to require the Company to provide Class A ordinary shares or cash in exchange for up to all of the AARK ordinary share. Each share of AARK may be exchanged for 2,246 Class A ordinary shares the Company subject to certain adjustments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Pursuant to the Exchange Agreements, on April 5, 2024, <span id="xdx_908_ecustom--ExchangeAgreementDescription_c20240401__20240405__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__srt--TitleOfIndividualAxis__custom--AARKMember_zLVwvMkMTEw6" title="Exchange agreement description">the prior investor of AARK has exchanged 9,500 ordinary shares of AARK for 21,337,000 Class A ordinary shares of the Company (i.e. <span id="xdx_904_eus-gaap--DebtConversionConvertedInstrumentSharesIssued1_pid_c20240401__20240408__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinarySharesMember__srt--TitleOfIndividualAxis__custom--AARKMember_z3cJsDraGqac" title="Share exchanged">2,246</span> Class A ordinary shares of the Company for 1 ordinary share of AARK).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On September 22, 2025, the Company issued <span id="xdx_902_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20250901__20250922_znRBSDOU8ZQ5" title="Shares issued">851,184</span> shares at a fair value of $<span id="xdx_90A_eus-gaap--SharesIssuedPricePerShare_iI_pid_c20250922_zTLYQ2slFzXf" title="Shares at a fair value">0.87</span> per share to Mr. Bhisham (Ajay) Khare pursuant to his Exchange Agreement for shares of ATGBA. As of March 31, 2026, Mr. Bhisham (Ajay) Khare is yet to transfer the shares to the Company and consequently a receivable of $<span id="xdx_909_ecustom--ReceivableRecognized_pn3n3_c20260301__20260331_zEstX29K2fYd" title="Receivable recognized">741</span> amount has been recognized.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Shares issued to vendors</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In December 2023, ATI settled the amounts owed to certain vendors by issuance of Class A ordinary shares. If the VWAP of the Class A ordinary shares over the three trading days immediately preceding the agreement date is higher than the VWAP over the three trading days immediately preceding the six-month anniversary from the agreement date, ATI would need to issue additional Class A ordinary shares for the difference.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Pursuant to the abovementioned clause, the Company has issued in total <span id="xdx_90E_eus-gaap--StockIssuedDuringPeriodSharesOther_pid_c20240501__20240524__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember__srt--TitleOfIndividualAxis__custom--VendorsMember_z4YQJtvSNojb" title="Number of shares issued">54,074</span> Class A ordinary shares to the vendors on May 24, 2024.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In September 2024, the Company issued <span id="xdx_90F_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20240901__20240930__srt--TitleOfIndividualAxis__custom--VendorsMember__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinarySharesMember_zBp1ZECKdOVj" title="Shares issued">78,947</span> Class A ordinary shares and <span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20240901__20240930__srt--TitleOfIndividualAxis__custom--VendorsMember__us-gaap--StatementClassOfStockAxis__custom--ClassVOrdinarySharesMember_ztbeESj8rvW" title="Shares issued">48,618</span> Class A ordinary shares, each valued on the relevant dates of the respective agreements, to two separate vendors, as compensation for their respective services.</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In September 2025, the Company, pursuant to a vendor agreement, issued <span id="xdx_902_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20250901__20250930__srt--TitleOfIndividualAxis__custom--VendorsMember__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinarySharesMember_zdZGXzefHnq" title="Shares issued">300,000</span> Class A ordinary shares valued on the relevant date of the agreement, as compensation for their services.</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Shares Issued to FPA Holders</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In September 2025, the Company entered into a Letter Agreement with Sandia with respect to the Sandia FPA to offset the Company’s payment obligations by the proceeds received from sale of shares issued to Sandia under the Sandia FPA and for issuance of additional Class A ordinary shares, subject to terms provided therein. In December 2025, pursuant to the Letter Agreement, the Company issued <span id="xdx_904_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20250901__20250930__srt--CounterpartyNameAxis__custom--FPAHoldersMember_z6db8P4jKW1i" title="Shares issued">1,355,906</span> additional Class A ordinary shares to Sandia calculated in accordance with the Letter Agreement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Redeemable noncontrolling interest</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026, the prior investors of AARK owns <span id="xdx_902_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_iI_pid_c20260331__srt--OwnershipAxis__custom--AARKMember_zLUaq77OaNmc" title="Ownership percentage">3.09%</span> of the ordinary shares of AARK, and prior investors of ATGBA owned <span id="xdx_90C_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_iI_pid_c20260331__srt--OwnershipAxis__custom--ATGBAMember_zdYSZAZsDHe5" title="Ownership percentage">17.08%</span> of the ordinary shares of ATGBA. The prior investors of AARK and ATGBA have the right to exchange their AARK or ATGBA ordinary shares for Class A ordinary shares of the Company based on the exchange ratio as set out in the Exchange Agreements details of which are set out in Note 16 or cash proceeds based on the VWAP for each of the five consecutive trading days ending on the exchange date, but only if the approval from the Reserve Bank of India or other regulatory approvals are not obtained and subject to other conditions specified in the Exchange Agreements. The exchange is also subject to certain other specified conditions being met, including achieving certain financial and stock price milestones. Given that this is not solely in control of ATI, the noncontrolling interests have been accounted for in accordance with ASC 480-10-S99-1. The redeemable noncontrolling interest has initially been measured at the proportionate share in the net assets of AARK and its subsidiaries in accordance with ASC 805-40-30-3. The cash redemption is not considered to be probable on March 31, 2026 because the specified conditions in relation to EBITDA and revenue have already been met and the Reserve Bank of India and / or applicable regulatory approvals are expected to be received. On this basis the redeemable noncontrolling interest has subsequently been measured by attributing the net income/ loss of AARK pursuant to ASC 810-10.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 5000000 0.0001 0 0 500000000 0.0001 48497154 48497154 1812063 2997954 5000000 1712562 580000 <table cellpadding="0" cellspacing="0" id="xdx_885_ecustom--ScheduleOfSharesOfCommonStockTableTextBlock_pn3n3_zmDoaYKHDAQk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Redeemable Noncontrolling Interest and Shareholders' Equity / (Deficit) (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"><span id="xdx_8B9_zV7rEwls3rZi" style="display: none">Schedule of shares of common stock</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Common stock outstanding, beginning balances</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_eus-gaap--CommonStockSharesOutstanding_iS_pid_c20250401__20260331_z3eu0pIj7s6j" title="Common stock outstanding, beginning balances">47,152,626</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_eus-gaap--CommonStockSharesOutstanding_iS_pid_c20240401__20250331_zIdreW2PeiQ7" title="Common stock outstanding, beginning balances">15,619,004</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Common stock repurchased</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eus-gaap--StockRepurchasedAndRetiredDuringPeriodShares_iN_pid_di_c20250401__20260331_zBNw4WrAHnA2" title="Common stock repurchased">(1,712,562</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eus-gaap--StockRepurchasedAndRetiredDuringPeriodShares_iN_pid_di_c20240401__20250331_fKg_____zKbgX1UxlYM" title="Common stock repurchased">(1,285,392</span></td> <td style="text-align: left">)*</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in">Common stock issued</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesOther_pid_c20250401__20260331_zF2XxElCdG65" title="Common stock issued">3,057,090</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eus-gaap--StockIssuedDuringPeriodSharesOther_pid_c20240401__20250331_zAKVUuviC173" title="Common stock issued">32,819,014</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Common stock outstanding, ending balances</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><b><span id="xdx_90D_eus-gaap--CommonStockSharesOutstanding_iE_pid_c20250401__20260331_zx9hC1d9XeR1" title="Common stock outstanding, ending balances">48,497,154</span></b></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><b><span id="xdx_90E_eus-gaap--CommonStockSharesOutstanding_iE_pid_c20240401__20250331_zCKCcWTVmtC4" title="Common stock outstanding, ending balances">47,152,626</span></b></td> <td style="text-align: left"> </td> </tr> </table> 47152626 15619004 1712562 1285392 3057090 32819014 48497154 47152626 10000 10000 10000 5000000 2261778 2.21 The Subscription Agreement contains customary representations, warranties and covenants of the parties, and the closing was subject to customary closing conditions. The Company used the net proceeds of approximately $4,675 from the Private Placement, following a deduction of a 6.5% commission paid to a placement agent, for general corporate and working capital purposes. 1940958 2.21 270820 50000 320820 the prior investor of AARK has exchanged 9,500 ordinary shares of AARK for 21,337,000 Class A ordinary shares of the Company (i.e. 2,246 Class A ordinary shares of the Company for 1 ordinary share of AARK). 2246 851184 0.87 741000 54074 78947 48618 300000 1355906 0.0309 0.1708 <p id="xdx_80C_ecustom--NonrenewalOfCustomerContractAndBuyoutNoticeFromSignificantCustomerTextBlock_zLOIGPQe8bD2" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 19 - <span id="xdx_82E_zD2ha1keZ3J9">Non-renewal of Customer Contract and Buyout Notice from Significant Customer</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company received a notice, dated April 29, 2025, of non-renewal and buyout from one of its significant customers effective September 26, 2025. This notice also serves as a buyout notice, with a buyout price determined according to the terms and conditions of the contract.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The non-renewal is expected to reduce annual revenues by approximately $<span id="xdx_90A_ecustom--RevenueLoss_pn3n3_c20250401__20260331_zXiah5NsR2xk" title="Revenue loss">4,000</span>. The buy-out resulted in one-time revenue of approximately $<span id="xdx_90F_ecustom--BuyoutRevenue_pn3n3_c20250401__20260331_z8WPTDQC8Vx1" title="Buy-out revenue">1,650</span>.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 4000000 1650000 <p id="xdx_80E_eus-gaap--FairValueDisclosuresTextBlock_z00UTC5Dysdj" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 20 - <span id="xdx_822_zr58zNVSVjy9">Fair Value Measurements</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of March 31, 2026, the Company had financial instruments which were measured at fair value on a recurring basis using significant unobservable inputs (Level 3). Significant changes in the inputs could result in a significant change in the fair value measurements. See each respective footnote for information on the assumptions used in calculating the fair value of financial instruments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following tables present information about the Company’s liabilities that are measured at fair value on a recurring basis as of March 31, 2026 and March 31, 2025, including the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Summary of Liabilities Measured at Fair Value on a Recurring Basis:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisTextBlock_pn3n3_zuhtmJE9iYL" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Fair Value Measurements (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zo5naahBcAd2" style="display: none">Summary of liabilities measured at fair value on a recurring basis</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>March 31, 2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Level 1</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Level 2</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Level 3</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Liabilities:</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Forward Purchase Agreement put option liability</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90B_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zwANEdHmiatg" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2584">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_904_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zprhGuiAxUfc" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2586">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90B_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zeWGvyg2FUs9" title="Derivative Liability">4,287</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zCbcly3yxi2j" title="Derivative Liability">4,287</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Public Warrants</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zgRT1KGkwu2k" title="Derivative Liability">230</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zNodsUwm3MLg" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2594">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zWly7L3f7CDk" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2596">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zHGYqpdmPzP3" title="Derivative Liability">230</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Private Placement Warrants</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zPAU8GpyEZJf" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2600">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zUf7gB5ysSBi" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2602">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zx0uci3UglV3" title="Derivative Liability">191</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zumZaLmvvBAg" title="Derivative Liability">191</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total liabilities</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_901_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zWzYW8cKkJI5" title="Derivative Liability">230</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90B_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zxMMAzfnFzhb" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2610">-</span></span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_906_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zF7XvSXTdrpc" title="Derivative Liability">4,478</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_901_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zEp3NoWlAS02" title="Derivative Liability">4,708</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>March 31, 2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Level 1</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Level 2</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Level 3</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Liabilities:</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Forward Purchase Agreement put option liability</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90D_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_z9N2PETd1xJ8" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2616">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90D_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zYWh3gvdJp12" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2618">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_901_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zuUnW3WKeZC6" title="Derivative Liability">5,034</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_901_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_znDnF3Owm4K5" title="Derivative Liability">5,034</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Public Warrants</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zvCRQwXiH822" title="Derivative Liability">344</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zEFQpoP82WG4" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2626">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zUisf2AKXyE9" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2628">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zXg8iOAUxro9" title="Derivative Liability">344</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Private Placement Warrants</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zRSxbKwZ9dX" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2632">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zKbis4O2zTH4" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2634">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zXIW68Riv52h" title="Derivative Liability">285</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zOo0tx2Kopw4" title="Derivative Liability">285</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total liabilities</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_901_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zRPDTwjgDubc" title="Derivative Liability">344</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90F_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zljb52d8uWX2" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2642">-</span></span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_904_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zGYggomqwDE7" title="Derivative Liability">5,319</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_904_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zBzbI9IreIy" title="Derivative Liability">5,663</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p id="xdx_8A1_zIuMDPKW1D05" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_8AE_zrxPnbnUBTt6" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The change in the fair value of the forward purchase agreement put option liability of $<span id="xdx_90E_ecustom--ChangeInFairValueGain_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementDerivativeLiabilitiesMember_zUnVgbv9qcbl" title="Change in fair value (gain)">51</span> has been recorded to change in fair value of forward purchase agreement put option liability for the year ended March 31, 2026 and in the Company’s consolidated statements of operations. The forward purchase agreement put option liability was classified as a current liability, as its liquidation is reasonably expected to use or require current assets or the creation of current liabilities. See also Notes 2 and 17. The estimated fair value of the forward purchase agreement put option liability was calculated using a Monte Carlo model and used significant assumptions including the risk-free rate and volatility. The change in fair value of the forward purchase agreement put option liability is primarily driven by a decrease in the price per share of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of the date of this Form 10-K report, the remaining balance owed to the FPA holders is $<span id="xdx_90D_ecustom--SettlementOfAccountsPayableThroughCashOrInEquity_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementDerivativeLiabilitiesMember_zfpI0tQcc5tj" title="Settlement of accounts payable through cash or in equity">4,287</span>, which may be settled either in cash or in equity, at the option of the investors.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The valuation of the forward purchase agreement put option liability was made using the following assumptions as of March 31, 2026:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfPurchaseAgreementsAssumptionsTableTextBlock_pn3n3_zNFwleVUoJPi" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Fair Value Measurements (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B2_zVmVHKVH8Ra1" style="display: none">Schedule of purchase agreement</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,<br/>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,<br/>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Expected Term (Years)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_905_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zxiOUl5Sk0xh" title="Expected Term (Years)">1.92</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20240401__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zlzOrjLnGyI1" title="Expected Term (Years)">0.75</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Risk free Interest Rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_z6e47WXfMREb" title="Risk-free interest rate">3.7</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_c20240401__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zMaOT0rXhf1i" title="Risk-free interest rate">4.0</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Volatility</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_pid_dp_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zcJfxtDmBQXa" title="Volatility">80.0</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_pid_dp_c20240401__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zlg8mVXVveo" title="Volatility">80.0</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Stock price at measurement date</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90E_ecustom--ReferencePriceForOneShareOfClassCommonStock_pid_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zzy35nYSwxu1" title="Reference Price for one share of Class A common stock">0.3</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--ReferencePriceForOneShareOfClassCommonStock_pid_c20240401__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zmzy5wcRQiNg" title="Reference Price for one share of Class A common stock">0.6</span></td> <td style="text-align: left"> </td> </tr> </table> <p id="xdx_8AF_zafVbivqoX" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Given that the Public Warrants have a listed price available, the Company classified them as Level 1. The Company has classified the privately placed warrants within Level 3 of the hierarchy as the fair value derived using the Black-Scholes option pricing model, which uses a combination of observable (Level 2) and unobservable (Level 3) inputs. There were no transfers between fair value levels during the year ended March 31, 2026.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The valuation of the liability for the Private Placement Warrants was made using the following assumptions as of March 31, 2026:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--ScheduleOfDerivativeContractAassumptionTableTextBlock_pn3n3_zawmv6pVhbAf" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Fair Value Measurements (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B9_z2kzTaW7qhhg" style="display: none">Schedule of derivative contract assumptions</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Term (years)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivateWarrantsLiabilityMember_zSRrujlKYmZ9" title="Term (years)">2.61</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Risk-free interest rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivateWarrantsLiabilityMember_zSys8qdYT7T8" title="Risk-free interest rate">3.70</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Stock price at measurement date</td> <td> </td> <td style="text-align: left">$</td> <td id="xdx_98D_ecustom--StockPriceAtMeasurementDate_pid_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivateWarrantsLiabilityMember_zzPQtUPEQ17" style="text-align: right" title="Stock price at measurement date">0.3</td> <td style="text-align: left"> </td> </tr> </table> <p id="xdx_8AB_zFnUROqFjzXd" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table presents a summary of the changes in the fair value of Derivative Liabilities:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_895_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationTableTextBlock_pn3n3_zPTETx3WX994" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Fair Value Measurements (Details 3)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BB_zLy1Le5gs4k3" style="display: none">Summary of the changes in the fair value of derivative warrant liabilities</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Forward<br/>Purchase<br/>Agreement<br/>Put Option<br/>Liability</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Public<br/>Warrant<br/>Liability</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Private<br/>Placement<br/>Liability</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Fair value at April 1, 2025</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_988_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementDerivativeLiabilitiesMember_zDAlvVKH40rg" style="width: 9%; text-align: right" title="Fair value at Beginning balance">5,034</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_986_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember_ztVi47OLHG7f" style="width: 9%; text-align: right" title="Fair value at Beginning balance">344</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_989_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_z2nxrkRRa1Ki" style="width: 9%; text-align: right" title="Fair value at Beginning balance">285</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98B_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_pn3n3_c20250401__20260331_zGteqWejI6H6" style="width: 9%; text-align: right" title="Fair value at Beginning balance">5,663</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Change in fair value (gain) / loss</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_ecustom--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarning_iN_pn3n3_di_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementDerivativeLiabilitiesMember_z9o8tlSU2Z2d" style="text-align: right" title="Change in fair value (gain) / loss">51</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_989_ecustom--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarning_iN_pn3n3_di_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember_zwWGMjn5lqTc" style="text-align: right" title="Change in fair value (gain) / loss">(114</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98E_ecustom--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarning_iN_pn3n3_di_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zUwME56e8C5c" style="text-align: right" title="Change in fair value (gain) / loss">(94</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_ecustom--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarning_iN_pn3n3_di_c20250401__20260331_zcvOc42atPb9" style="text-align: right" title="Change in fair value (gain) / loss">(157</td> <td style="text-align: left">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Settlement of forward purchase agreement put option liability</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_981_ecustom--SettlementOfForwardPurchaseAgreementPutOptionLiability_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementDerivativeLiabilitiesMember_z5A3E1MpllV9" style="border-bottom: Black 1pt solid; text-align: right" title="Settlement of forward purchase agreement put option liability">(798</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98C_ecustom--SettlementOfForwardPurchaseAgreementPutOptionLiability_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember_zjzO6nfigYPk" style="border-bottom: Black 1pt solid; text-align: right" title="Settlement of forward purchase agreement put option liability"><span style="-sec-ix-hidden: xdx2ixbrl2698">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98E_ecustom--SettlementOfForwardPurchaseAgreementPutOptionLiability_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zBtauYVuc9Za" style="border-bottom: Black 1pt solid; text-align: right" title="Settlement of forward purchase agreement put option liability"><span style="-sec-ix-hidden: xdx2ixbrl2700">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_ecustom--SettlementOfForwardPurchaseAgreementPutOptionLiability_pn3n3_c20250401__20260331_zjp2HhrUfYJe" style="border-bottom: Black 1pt solid; text-align: right" title="Settlement of forward purchase agreement put option liability">(798</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Fair value as of March 31, 2026</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_980_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementDerivativeLiabilitiesMember_zOpp8uEkQfM2" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value as of Ending balance"><b>4,287</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98C_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember_z1putqkfq7k9" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value as of Ending balance"><b>230</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_984_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zSL77OmOIF6k" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value as of Ending balance"><b>191</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_987_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_pn3n3_c20250401__20260331_z3A2AhNpuh71" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value as of Ending balance"><b>4,708</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p id="xdx_8A1_zh7cUgqzHi05" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Based on the expected VWAP as at inception as well as March 31, 2026 it is not expected that ATI would be required to issue additional Class A ordinary shares to certain vendors. On this basis, fair value of the derivative financial instrument representing ATI’s obligation to issue additional Class A ordinary shares has been determined to be insignificant on initial recognition as well as of March 31, 2026 and accordingly the quantitative disclosures in relation to the fair value have not been provided.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisTextBlock_pn3n3_zuhtmJE9iYL" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Fair Value Measurements (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zo5naahBcAd2" style="display: none">Summary of liabilities measured at fair value on a recurring basis</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>March 31, 2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Level 1</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Level 2</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Level 3</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Liabilities:</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Forward Purchase Agreement put option liability</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90B_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zwANEdHmiatg" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2584">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_904_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zprhGuiAxUfc" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2586">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90B_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zeWGvyg2FUs9" title="Derivative Liability">4,287</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zCbcly3yxi2j" title="Derivative Liability">4,287</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Public Warrants</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zgRT1KGkwu2k" title="Derivative Liability">230</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zNodsUwm3MLg" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2594">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zWly7L3f7CDk" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2596">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zHGYqpdmPzP3" title="Derivative Liability">230</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Private Placement Warrants</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zPAU8GpyEZJf" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2600">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zUf7gB5ysSBi" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2602">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zx0uci3UglV3" title="Derivative Liability">191</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zumZaLmvvBAg" title="Derivative Liability">191</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total liabilities</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_901_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zWzYW8cKkJI5" title="Derivative Liability">230</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90B_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zxMMAzfnFzhb" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2610">-</span></span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_906_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zF7XvSXTdrpc" title="Derivative Liability">4,478</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_901_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20260331__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zEp3NoWlAS02" title="Derivative Liability">4,708</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>March 31, 2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Level 1</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Level 2</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Level 3</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Liabilities:</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"> </td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Forward Purchase Agreement put option liability</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90D_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_z9N2PETd1xJ8" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2616">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90D_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zYWh3gvdJp12" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2618">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_901_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zuUnW3WKeZC6" title="Derivative Liability">5,034</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_901_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_znDnF3Owm4K5" title="Derivative Liability">5,034</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Public Warrants</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zvCRQwXiH822" title="Derivative Liability">344</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zEFQpoP82WG4" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2626">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zUisf2AKXyE9" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2628">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zXg8iOAUxro9" title="Derivative Liability">344</span></td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Private Placement Warrants</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zRSxbKwZ9dX" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2632">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zKbis4O2zTH4" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2634">-</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zXIW68Riv52h" title="Derivative Liability">285</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zOo0tx2Kopw4" title="Derivative Liability">285</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Total liabilities</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_901_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zRPDTwjgDubc" title="Derivative Liability">344</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_90F_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zljb52d8uWX2" title="Derivative Liability"><span style="-sec-ix-hidden: xdx2ixbrl2642">-</span></span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_904_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zGYggomqwDE7" title="Derivative Liability">5,319</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td style="border-bottom: Black 2.5pt double; text-align: right"><b><span id="xdx_904_eus-gaap--DerivativeLiabilities_iI_pn3n3_c20250331__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zBzbI9IreIy" title="Derivative Liability">5,663</span></b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 4287000 4287000 230000 230000 191000 191000 230000 4478000 4708000 5034000 5034000 344000 344000 285000 285000 344000 5319000 5663000 51000 4287000 <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfPurchaseAgreementsAssumptionsTableTextBlock_pn3n3_zNFwleVUoJPi" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Fair Value Measurements (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B2_zVmVHKVH8Ra1" style="display: none">Schedule of purchase agreement</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,<br/>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended<br/>March 31,<br/>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Expected Term (Years)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_905_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zxiOUl5Sk0xh" title="Expected Term (Years)">1.92</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20240401__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zlzOrjLnGyI1" title="Expected Term (Years)">0.75</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Risk free Interest Rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_z6e47WXfMREb" title="Risk-free interest rate">3.7</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_c20240401__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zMaOT0rXhf1i" title="Risk-free interest rate">4.0</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Volatility</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_pid_dp_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zcJfxtDmBQXa" title="Volatility">80.0</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_pid_dp_c20240401__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zlg8mVXVveo" title="Volatility">80.0</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Stock price at measurement date</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90E_ecustom--ReferencePriceForOneShareOfClassCommonStock_pid_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zzy35nYSwxu1" title="Reference Price for one share of Class A common stock">0.3</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--ReferencePriceForOneShareOfClassCommonStock_pid_c20240401__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zmzy5wcRQiNg" title="Reference Price for one share of Class A common stock">0.6</span></td> <td style="text-align: left"> </td> </tr> </table> P1Y11M1D P0Y9M 0.037 0.040 0.800 0.800 0.3 0.6 <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--ScheduleOfDerivativeContractAassumptionTableTextBlock_pn3n3_zawmv6pVhbAf" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Fair Value Measurements (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B9_z2kzTaW7qhhg" style="display: none">Schedule of derivative contract assumptions</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Term (years)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivateWarrantsLiabilityMember_zSRrujlKYmZ9" title="Term (years)">2.61</span></td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Risk-free interest rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivateWarrantsLiabilityMember_zSys8qdYT7T8" title="Risk-free interest rate">3.70</span></td> <td style="text-align: left">%</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Stock price at measurement date</td> <td> </td> <td style="text-align: left">$</td> <td id="xdx_98D_ecustom--StockPriceAtMeasurementDate_pid_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivateWarrantsLiabilityMember_zzPQtUPEQ17" style="text-align: right" title="Stock price at measurement date">0.3</td> <td style="text-align: left"> </td> </tr> </table> P2Y7M9D 0.0370 0.3 <table cellpadding="0" cellspacing="0" id="xdx_895_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationTableTextBlock_pn3n3_zPTETx3WX994" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Fair Value Measurements (Details 3)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BB_zLy1Le5gs4k3" style="display: none">Summary of the changes in the fair value of derivative warrant liabilities</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Forward<br/>Purchase<br/>Agreement<br/>Put Option<br/>Liability</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Public<br/>Warrant<br/>Liability</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Private<br/>Placement<br/>Liability</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Fair value at April 1, 2025</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_988_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementDerivativeLiabilitiesMember_zDAlvVKH40rg" style="width: 9%; text-align: right" title="Fair value at Beginning balance">5,034</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_986_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember_ztVi47OLHG7f" style="width: 9%; text-align: right" title="Fair value at Beginning balance">344</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_989_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_z2nxrkRRa1Ki" style="width: 9%; text-align: right" title="Fair value at Beginning balance">285</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98B_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_pn3n3_c20250401__20260331_zGteqWejI6H6" style="width: 9%; text-align: right" title="Fair value at Beginning balance">5,663</td> <td style="width: 1%; text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Change in fair value (gain) / loss</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_ecustom--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarning_iN_pn3n3_di_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementDerivativeLiabilitiesMember_z9o8tlSU2Z2d" style="text-align: right" title="Change in fair value (gain) / loss">51</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_989_ecustom--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarning_iN_pn3n3_di_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember_zwWGMjn5lqTc" style="text-align: right" title="Change in fair value (gain) / loss">(114</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98E_ecustom--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarning_iN_pn3n3_di_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zUwME56e8C5c" style="text-align: right" title="Change in fair value (gain) / loss">(94</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98D_ecustom--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarning_iN_pn3n3_di_c20250401__20260331_zcvOc42atPb9" style="text-align: right" title="Change in fair value (gain) / loss">(157</td> <td style="text-align: left">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Settlement of forward purchase agreement put option liability</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_981_ecustom--SettlementOfForwardPurchaseAgreementPutOptionLiability_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementDerivativeLiabilitiesMember_z5A3E1MpllV9" style="border-bottom: Black 1pt solid; text-align: right" title="Settlement of forward purchase agreement put option liability">(798</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98C_ecustom--SettlementOfForwardPurchaseAgreementPutOptionLiability_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember_zjzO6nfigYPk" style="border-bottom: Black 1pt solid; text-align: right" title="Settlement of forward purchase agreement put option liability"><span style="-sec-ix-hidden: xdx2ixbrl2698">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98E_ecustom--SettlementOfForwardPurchaseAgreementPutOptionLiability_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zBtauYVuc9Za" style="border-bottom: Black 1pt solid; text-align: right" title="Settlement of forward purchase agreement put option liability"><span style="-sec-ix-hidden: xdx2ixbrl2700">-</span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_ecustom--SettlementOfForwardPurchaseAgreementPutOptionLiability_pn3n3_c20250401__20260331_zjp2HhrUfYJe" style="border-bottom: Black 1pt solid; text-align: right" title="Settlement of forward purchase agreement put option liability">(798</td> <td style="text-align: left; padding-bottom: 0.5pt">)</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 2.25pt"><b>Fair value as of March 31, 2026</b></td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_980_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementDerivativeLiabilitiesMember_zOpp8uEkQfM2" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value as of Ending balance"><b>4,287</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_98C_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember_z1putqkfq7k9" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value as of Ending balance"><b>230</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_984_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_pn3n3_c20250401__20260331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zSL77OmOIF6k" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value as of Ending balance"><b>191</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> <td style="padding-bottom: 2.25pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"><b>$</b></td> <td id="xdx_987_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_pn3n3_c20250401__20260331_z3A2AhNpuh71" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value as of Ending balance"><b>4,708</b></td> <td style="text-align: left; padding-bottom: 2.25pt"> </td> </tr> </table> 5034000 344000 285000 5663000 -51000 114000 94000 157000 -798000 -798000 4287000 230000 191000 4708000 <p id="xdx_80C_eus-gaap--EarningsPerShareTextBlock_zrZdkmKl2lGg" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 21 - <span id="xdx_822_zu6s2oAcFwAa">Net income / (loss) per Share</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Basic net income / (loss) per share (“EPS”) attributable to Class A ordinary shareholders is calculated by dividing net income / (loss) attributable to Class A ordinary shareholders by the weighted number of Class A ordinary shares outstanding during the reporting period. Diluted EPS is computed using the weighted number of Class A ordinary shares and, when dilutive, potential outstanding shares during the period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s Class V ordinary share does not participate in the earnings or losses of the Company and are therefore not participating securities. As such, separate presentation of basic and diluted net income / (loss) per Class V ordinary share under the two-class method has not been presented.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table sets forth the computation of basic and diluted net income / (loss) per share for the year ended March 31, 2026 and March 31, 2025 (in thousands, except share and per share amounts):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_88C_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_pn3n3_zTkg8euq3zXa" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Net income / (loss) per Share (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B3_ziZHx7AH1Nuk" style="display: none">Schedule of reconciliation of net income per share</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended <br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Net Income / (Loss) attributable to controlling interest for the period for Basic and Dilutive Earning per share (A)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98D_eus-gaap--NetIncomeLossAvailableToCommonStockholdersDiluted_pn3n3_c20250401__20260331_zOHY9tmnoMs4" style="width: 9%; text-align: right" title="Net (Loss) / Income attributable to controlling interest for the period for Basic and Dilutive Earning per share (A)">2,554</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_983_eus-gaap--NetIncomeLossAvailableToCommonStockholdersDiluted_pn3n3_c20240401__20250331_zhZV7qyKRHxh" style="width: 9%; text-align: right" title="Net (Loss) / Income attributable to controlling interest for the period for Basic and Dilutive Earning per share (A)">(19,714</td> <td style="width: 1%; text-align: left">)</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Weighted average shares outstanding of Class A ordinary shares, basic and diluted (B)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_c20250401__20260331_zQ8xv89VmvOf" title="Weighted average shares outstanding of Class A ordinary shares, basic"><span id="xdx_90E_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_c20250401__20260331_z88zGbuUz1yd" title="Weighted average shares outstanding of Class A ordinary shares, diluted">48,329,709</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_c20240401__20250331_zSXYv92YyY57" title="Weighted average shares outstanding of Class A ordinary shares, basic"><span id="xdx_902_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_c20240401__20250331_zu57GSHk5g2j" title="Weighted average shares outstanding of Class A ordinary shares, diluted">43,080,693</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Profit / (Loss) / Earning per share:</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Basic and Diluted (A/B)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><b>$</b></td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90B_eus-gaap--EarningsPerShareBasic_pid_c20250401__20260331_zAS0rHHYvIA1" title="Basic"><span id="xdx_90B_eus-gaap--EarningsPerShareDiluted_pid_c20250401__20260331_z9o856ZQgNYf" title="Diluted">0.05</span></span></b></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><b>$</b></td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_909_eus-gaap--EarningsPerShareBasic_pid_c20240401__20250331_zLZ5bwBPbtIf" title="Basic"><span id="xdx_906_eus-gaap--EarningsPerShareDiluted_pid_c20240401__20250331_zl2cMxaC4q82" title="Diluted">(0.46</span></span></b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_88C_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_pn3n3_zTkg8euq3zXa" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Net income / (loss) per Share (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B3_ziZHx7AH1Nuk" style="display: none">Schedule of reconciliation of net income per share</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Year Ended <br/>March 31,</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2026</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Net Income / (Loss) attributable to controlling interest for the period for Basic and Dilutive Earning per share (A)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98D_eus-gaap--NetIncomeLossAvailableToCommonStockholdersDiluted_pn3n3_c20250401__20260331_zOHY9tmnoMs4" style="width: 9%; text-align: right" title="Net (Loss) / Income attributable to controlling interest for the period for Basic and Dilutive Earning per share (A)">2,554</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_983_eus-gaap--NetIncomeLossAvailableToCommonStockholdersDiluted_pn3n3_c20240401__20250331_zhZV7qyKRHxh" style="width: 9%; text-align: right" title="Net (Loss) / Income attributable to controlling interest for the period for Basic and Dilutive Earning per share (A)">(19,714</td> <td style="width: 1%; text-align: left">)</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Weighted average shares outstanding of Class A ordinary shares, basic and diluted (B)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_c20250401__20260331_zQ8xv89VmvOf" title="Weighted average shares outstanding of Class A ordinary shares, basic"><span id="xdx_90E_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_c20250401__20260331_z88zGbuUz1yd" title="Weighted average shares outstanding of Class A ordinary shares, diluted">48,329,709</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_c20240401__20250331_zSXYv92YyY57" title="Weighted average shares outstanding of Class A ordinary shares, basic"><span id="xdx_902_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_c20240401__20250331_zu57GSHk5g2j" title="Weighted average shares outstanding of Class A ordinary shares, diluted">43,080,693</span></span></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Profit / (Loss) / Earning per share:</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Basic and Diluted (A/B)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><b>$</b></td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90B_eus-gaap--EarningsPerShareBasic_pid_c20250401__20260331_zAS0rHHYvIA1" title="Basic"><span id="xdx_90B_eus-gaap--EarningsPerShareDiluted_pid_c20250401__20260331_z9o856ZQgNYf" title="Diluted">0.05</span></span></b></td> <td style="text-align: left; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><b>$</b></td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_909_eus-gaap--EarningsPerShareBasic_pid_c20240401__20250331_zLZ5bwBPbtIf" title="Basic"><span id="xdx_906_eus-gaap--EarningsPerShareDiluted_pid_c20240401__20250331_zl2cMxaC4q82" title="Diluted">(0.46</span></span></b></td> <td style="text-align: left; padding-bottom: 0.5pt"><b>)</b></td> </tr> </table> 2554000 -19714000 48329709 48329709 43080693 43080693 0.05 0.05 -0.46 -0.46 <p id="xdx_80B_eus-gaap--SubsequentEventsTextBlock_zqHtOKQ2YDrb" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Note 22 - <span id="xdx_82A_zXm9IbyFA0N6">Subsequent Events</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"><b> </b></td> <td style="width: 0.25in; text-align: left"><b>1.</b></td> <td style="text-align: justify"><b>Nasdaq hearing</b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.5in; margin-top: 0; margin-bottom: 0">On March 31, 2026, the Company received formal notice from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company’s non-compliance with the Bid Price Rule would result in the delisting of the Company’s securities from Nasdaq unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”). The Company did file a timely request for a hearing before the Panel, which request stayed any further action by Nasdaq pending the issuance of a decision by the Panel and the expiration of any extension the Panel may grant to the Company following the hearing. The Company had its hearing before the Panel on May 7, 2026 and is currently awaiting a decision from the Panel.</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.5in; margin-top: 0; margin-bottom: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"><b> </b></td> <td style="width: 0.25in; text-align: left"><b>2.</b></td> <td style="text-align: justify"><b>Share repurchase and subsequent cancellation</b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.5in; margin-top: 0; margin-bottom: 0">Subsequent to March 31, 2026, pursuant to the Company’s share repurchase program and in connection with the adoption of a Rule 10b5-1 issuer share repurchase trading plan, the Company repurchased <span id="xdx_90A_ecustom--SharesRepurchsedShares_pid_c20250401__20260331_z6Xvt31LJYge" title="Shares repurchsed, shares">2,582,365</span> Class A ordinary shares, increasing the total number of shares repurchased to <span id="xdx_90E_ecustom--SharesRepurchsedShares_pid_c20260401__20260605_zm5Qbh84pi68" title="Shares repurchsed, shares">4,294,927</span> treasury shares held at cost. </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.5in; margin-top: 0; margin-bottom: 0">Of the total shares repurchased, <span id="xdx_909_ecustom--SharesRepurchsedCancelled_pid_c20260401__20260605__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zXEyjbVhPDk7" title="Shares repurchsed cancelled">2,898,643</span> Class A ordinary shares were subsequently cancelled. The remaining shares are held as treasury shares at cost.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left"><b>3.</b></td> <td style="text-align: justify"><b>Customer buyout</b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.5in; margin-top: 0; margin-bottom: 0">The Company received a notice, dated April 24, 2026, of non-renewal and buyout from one of its significant customers effective June 30, 2026. This notice also serves as a buyout notice, with a buyout price determined according to the terms and conditions of the contract.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.5in; margin-top: 0; margin-bottom: 0">The non-renewal is expected to reduce annual revenues by approximately $<span id="xdx_909_eus-gaap--CommonStockSharesAuthorized_iI_pid_c20260605__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zivoka4L0jl1" title="Revenue loss">5,700</span>. The buy-out resulted in one-time revenue of approximately $<span id="xdx_900_eus-gaap--PreferredStockSharesAuthorized_iI_pid_c20260605__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z8p1Qwoaecoi" title="Buy-out revenue">2,700</span>.</p> 2582365 4294927 2898643 5700 2700 Includes 87,133 Bonus Shares issued to the Company’s public shareholders and 1,024,335 “Extension Shares” issued to certain holders of Class A ordinary shares (the “Holders”) in accordance with the Non-Redemption Agreement entered into between WWAC, the Sponsor, and the Holders of Class A ordinary shares. Also includes 288,333 shares purchased by the Forward Purchase Agreement (“FPA”) holders in the open market or via redemption reversals prior to the consummation of the Business Combination. Reversal of excess bonus shares issued to Cowen and Company, LLC, which was mistakenly credited with 1,209 bonus shares instead of 968. This error has now been rectified. Refer to the Consolidated Statements of Changes in Redeemable Noncontrolling Interest and Shareholders’ Equity (Deficit) for the year ended March 31, 2025. Includes 1,500,000 Class A ordinary shares issued to the Sponsor and 1,250,000 Class A ordinary shares issued to certain anchor investors upon conversion of Class B ordinary shares concurrently with the consummation of the Business Combination. 3,000,000 Class B ordinary shares were forfeited by the Sponsor upon the consummation of the Business Combination. Does not include (i) 1,500,000 Class B ordinary shares forfeited upon the consummation of the Business Combination, or (ii) 1,500,000 Class B ordinary shares forfeited pursuant to a Support Agreement with the Sponsor. Includes (i) 3,000,000 Class A ordinary shares reissued against 3,000,000 Class B ordinary shares forfeited by the Sponsor upon consummation of the Business Combination as per (2) above, and (ii) 2,638,530 remaining Bonus Shares issued to Innovo. Represents a new issuance of Class A ordinary shares to the Forward Purchase Agreement holders in accordance with the Forward Purchase Agreement. Does not include 10,000 AARK ordinary shares and 655,788 Aeries Technology Group Business Accelerators Private Limited’s ordinary shares that represent noncontrolling interest in AARK. These shares will be exchangeable (together with the proportionate reduction in the voting power of the Class V ordinary share, and in the case of the exchange of all AARK ordinary shares, the forfeiture and cancellation of the Class V ordinary share) into shares in Aeries Technology, Inc. in connection with the Exchange Agreements, which is further discussed in Note 16. Advance non-income taxes consist of tax credits owed to the Company that were levied by taxing authorities. Property and equipment held under finance lease arrangements amounted to $134 and $247 as of March 31, 2026 and 2025, respectively. Accumulated depreciation for property and equipment held under finance lease arrangements was $1,656 and $1,632 as of March 31, 2026 and March 31, 2025, respectively. Depreciation expense in respect to these assets was $192 and $303 for the years ended March 31, 2026 and 2025, respectively. Due to decline in customer marketability and future economic benefits of Software and computer equipment and Internal-use software under development, the Company assessed the recoverability of the asset group during the year ended March 31, 2025. Hence, the Company fully impaired the related asset group in the year ended March 31, 2025. Impairment charge of Nil 0 and $1,693 has been included in Selling, General and Administrative Expenses for the year ended March 31, 2026 and March 31, 2025 respectively. The Company provided management consulting services to Aark II Pte Ltd under an agreement dated June 21, 2021 and its amendments thereof and to TSLC Pte Ltd under an agreement dated July 12, 2021. The Company was in a cost sharing arrangement with Aeries Financial Technologies Private Ltd and Bhanix Finance and Investment Ltd under separate agreements dated April 1, 2020. The cost sharing arrangement included costs in the areas of office management, IT and operations. The agreements are for a 36-month term with auto renewals after the original term. The Company availed consulting services including implementation services in business restructuring, risk management, feasibility studies, mergers & acquisitions etc. from Ralak Consulting LLP via agreement dated April 1, 2022. The Company incurred interest expense in relation to loans taken from ATPSPL, which were borrowed to meet working capital requirements. The loans were for a 3-year term and were issued at an interest rate of 12% per annum. The Company received interest income in relation to loans given to affiliates to support their working capital requirements. The loans were for a 3-year term and issued at an interest rate of 12% per annum. This amount represents investments in affiliates. The Company earned interest income on its investments in affiliates. The Company received interest income in relation to loans given to affiliates to support their working capital requirements. The loans were for a 3-year term and issued at an interest rate of 15-17% per annum. The Company obtained a loan at 12% per annum interest rate (w.e.f April 1, 2025; 10% per annum till March 31, 2025) from Mr. Vaibhav Rao for business purposes. The agreement shall remain valid until the principal amount along with interest is fully repaid. The loan amount was outstanding in entirety as of March 31, 2026. The Company availed management consulting services from ATPSPL under agreements dated March 20, 2020 and April 1, 2021. For the year ended March 31, 2026, ATI has issued 851,184 shares at a fair value of $0.87 per share to Mr. Bhisham (Ajay) Khare pursuant to the exchange agreement dated November 6, 2023 for his holding in ATGBA. As on March 31, 2026, Mr. Bhisham (Ajay) Khare is yet to transfer the shares to ATI and consequently a receivable of $741.00 has been recognized. The Company incurred interest expense in relation to loans taken from Sqrrl, which were borrowed to meet working capital requirements. The loans were for a 3-month term and were issued at an interest rate of 17% per annum. For the year ended March 31, 2026, Mr. Bhisham (Ajay) Khare has exercised 59,110 options under Aeries Management Stock Option Plan 2019 (“MSOP”) with exercise price of INR 10 (or approximately $0.11 at the exchange rate in effect on March 31, 2026). As on March 31, 2026, a remittance in transit of $6.24 has been recognized in respect of the exercise price of such options has been recognised. Included in “cost of revenue” and “selling, general and administrative expenses” in the Consolidated Statements of Comprehensive Income / (loss). Included in “interest income (expense), net” in the Consolidated Statements of Comprehensive Income / (loss). As of March 31, 2025, the Company has 1,285,392 shares of Common Stock held as treasury stock which were repurchased by the Company to pay tax withholding obligations on behalf of Mr. Khare, Mr. Webb and Mr. Nambiar, in connection with the vesting of RSUs. The Company records treasury stock using the cost method.