SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
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12 Months Ended |
Mar. 31, 2026 |
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| Accounting Policies [Abstract] |
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| Schedule of Allowance for Credit Loss |
An analysis of the allowance for credit losses for the periods ended March 31, 2025 and 2026 is as follows (in thousands):
| | | | | | | | | | | | | Allowance for credit losses, March 31, 2024 | | | $ | 3,197 | | | | | | | | | | | | | | | | | | | | Current period provision for expected credit losses | | | 9,418 | | | | Write-offs charged against the allowance | | | (8,908) | | | | | | | | | | | | | | | | Foreign currency translation | | | 350 | | | | | Allowance for credit losses, March 31, 2025 | | | $ | 4,057 | | | | | Current period provision for expected credit losses | | | 16,780 | | | | | Write-offs charged against the allowance | | | (12,753) | | | | | Foreign currency translation | | | 1,093 | | | | | Allowance for credit losses, March 31, 2026 | | | $ | 9,177 | | | |
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| Schedule of Fixed Assets |
The following table provides the range of estimated useful lives used for each asset type: | | | | | | | Useful Life
(years) | | Installed products | 3 - 5 | | Computer software | 3 - 5 | | Computers and electronic equipment | 3 - 10 | | Furniture and fixtures | 5 - 7 | | Leasehold improvements | Shorter of useful life or lease term | | Plant and equipment | 1 - 8 |
Fixed assets are stated at cost, less accumulated depreciation and amortization, and are summarized as follows (in thousands):
| | | | | | | | | | | | | | | | | | | March 31, | | | | 2025 | | 2026 | | Installed and uninstalled products | | | $ | 61,564 | | | $ | 73,750 | | | Computer software | | | 11,523 | | | 11,807 | | | Computer and electronic equipment | | | 6,294 | | | 8,596 | | | Furniture and fixtures | | | 3,054 | | | 4,004 | | | Leasehold improvements | | | 1,459 | | | 650 | | | Plant and equipment | | | 276 | | | 278 | | | | | | | | | Assets in progress | | | 7 | | | 107 | | | | | 84,177 | | | 99,192 | | | Accumulated depreciation and amortization | | | (26,166) | | | (36,794) | | | | | $ | 58,011 | | | $ | 62,398 | |
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| Schedule of Fair Value of Financial Instruments |
Fair value measurement of financial assets and liabilities on a recurring basis (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of March 31, 2026 | | | | Fair Value | | Carrying Amount | | Total Fair Value | | Level 1 | | Level 2 | | Level 3 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Debt | $ | 280,024 | | | $ | 281,081 | | | $ | — | | | $ | 281,081 | | | $ | — | | | | | | | | | | | | | Prepayment derivative | $ | 3,505 | | | $ | 3,505 | | | $ | — | | | $ | — | | | $ | 3,505 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of March 31, 2025 | | | | Fair Value | | Carrying Amount | | Total Fair Value | | Level 1 | | Level 2 | | Level 3 | | | | | | | | | | | | Loans to external parties | $ | 194 | | | $ | 194 | | | $ | — | | | $ | — | | | $ | 194 | | | | | | | | | | | | | Debt | $ | 273,792 | | | $ | 275,179 | | | $ | — | | | $ | 275,179 | | | $ | — | | | | | | | | | | | | | Prepayment derivative | $ | 2,730 | | | $ | 2,730 | | | $ | — | | | $ | — | | | $ | 2,730 | |
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| Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation |
The following table shows a reconciliation from the opening balances to the closing balances for Level 3 fair values (in thousands):
| | | | | | | | | | | | | | | | | Loans to external parties | | Prepayment derivative | | | | | | Balance at March 31, 2024 | | $ | — | | | $ | 2,226 | | Assumed in business combinations | | 474 | | | — | | Repayments | | (294) | | | — | | Foreign currency translation difference | | 14 | | — | | Net change in fair value | | — | | | 504 | | Balance at March 31, 2025 | | 194 | | | 2,730 | | Repayments | | (207) | | | — | | Foreign currency translation difference | | 13 | | — | | Net change in fair value | | — | | | 775 | | Balance at March 31, 2026 | | $ | — | | | $ | 3,505 | |
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