v3.26.1
SHORT-TERM BANK DEBT AND LONG-TERM DEBT - Long-Term Debt Narrative (Details)
₪ in Thousands
3 Months Ended 12 Months Ended
Oct. 01, 2024
USD ($)
Sep. 27, 2024
USD ($)
Mar. 07, 2024
USD ($)
loan
Mar. 31, 2024
USD ($)
Mar. 31, 2026
USD ($)
loan
Mar. 31, 2025
USD ($)
Dec. 31, 2023
USD ($)
Mar. 31, 2026
ILS (₪)
loan
Debt Instrument [Line Items]                
Debt instrument, face amount         $ 240,000,000      
FC Acquisition                
Debt Instrument [Line Items]                
Total fair value of consideration $ 189,950,000 $ 190,000            
Hapoalim Term Facilities                
Debt Instrument [Line Items]                
Proceeds from lines of credit         30,000,000      
Proceeds to prepay loan         11,200,000      
Increase in carrying amount         18,800,000      
Amortization of debt issuance costs       $ 110,000 80,000 $ 33,000 $ 133,000  
Recorded interest expense       $ 111,000 $ 2,371,000 2,410,000 $ 572,000  
Equity to total assets, percentage         35.00%     35.00%
Net debt to EBITDA ratio         0.0002     0.0002
Hapoalim Term Facilities | Powerfleet Israel Ltd.                
Debt Instrument [Line Items]                
Number of loans (loan) | loan         2     2
Debt instrument, face amount         $ 30,000,000      
Minimum equity requirement         $ 60,000,000      
Hapoalim Term Facilities | Pointer Telocation Ltd.                
Debt Instrument [Line Items]                
Net debt levels, percentage         100.00%     100.00%
EBITDA, maximum ratio         0.000475     0.000475
Hapoalim Term Facility A | Line of Credit                
Debt Instrument [Line Items]                
Debt instrument, face amount | ₪               ₪ 20,000
Debt instrument, term         5 years      
Hapoalim Term Facility A | Powerfleet Israel Ltd.                
Debt Instrument [Line Items]                
Debt instrument, face amount         $ 20,000,000      
Hapoalim Term Facility B | Line of Credit                
Debt Instrument [Line Items]                
Debt instrument, face amount | ₪               ₪ 10,000
Hapoalim Term Facility B | Powerfleet Israel Ltd.                
Debt Instrument [Line Items]                
Debt instrument, face amount         10,000,000      
RMB Term Facilities                
Debt Instrument [Line Items]                
Amortization of debt issuance costs         192,000 93,000    
Recorded interest expense         7,617,000 7,588,000    
Subject to a minimum, reduction     $ 5,000,000          
Minimum repayment amount     1,000,000          
Debt issuance costs     $ 1,000,000          
RMB Term Facilities | Period One                
Debt Instrument [Line Items]                
Refinancing fee payment, percentage     2.00%          
RMB Term Facilities | Period Two                
Debt Instrument [Line Items]                
Refinancing fee payment, percentage     1.00%          
RMB Facility A                
Debt Instrument [Line Items]                
Debt instrument, face amount     $ 85,000,000          
Loan prepayment derivative     610,000   1,215,000 850,000    
RMB Facility A | 10 Percent Increase In Spread                
Debt Instrument [Line Items]                
Increase (decrease) in derivative assets     10,000          
RMB Facility B                
Debt Instrument [Line Items]                
Debt instrument, face amount     42,500,000          
Loan prepayment derivative     1,616,000   $ 2,291,000 1,880,000    
Derivative asset, current, statement of financial position flag         Other assets     Other assets
RMB Facility B | 10 Percent Increase In Spread                
Debt Instrument [Line Items]                
Increase (decrease) in derivative assets     30,000          
RMB Facility B | 10 Percent Decrease In Spread                
Debt Instrument [Line Items]                
Increase (decrease) in derivative assets     $ 10,000          
New RMB Term Facility                
Debt Instrument [Line Items]                
Debt instrument, face amount   $ 125,000,000            
Amortization of debt issuance costs         $ 242,000 113,000    
Recorded interest expense         $ 11,653,000 $ 5,946,000    
Debt issuance costs 1,433,000              
Interest rate         8.68%     8.68%
Payment for non-refundable deal structuring fee $ 1,250,000              
New RMB Term Facility | Line of Credit                
Debt Instrument [Line Items]                
Debt instrument, face amount         $ 125,000,000      
Facility Agreement                
Debt Instrument [Line Items]                
Total finance costs to consolidated EBITDA         3.50     3.50
Facility Agreement | Period One                
Debt Instrument [Line Items]                
Total finance costs to consolidated EBITDA         3.00     3.00
Facility Agreement | Period Two                
Debt Instrument [Line Items]                
Debt covenant, total net borrowings to consolidated EBITDA         2.75     2.75
Facility Agreement | Period Three                
Debt Instrument [Line Items]                
Debt covenant, total net borrowings to consolidated EBITDA         2.50     2.50
2026 RMB Facilities                
Debt Instrument [Line Items]                
Number of loans (loan) | loan     2