v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Mar. 31, 2026
Current assets:    
Cash and cash equivalents $ 6,069 $ 4,878
Accounts receivable, net of allowance of $1,349 and $1,335 as of June 30, 2026, and March 31, 2026, respectively 12,430 12,719
Prepaid expenses and other current assets, net of allowance of $1 and $0, as of June 30, 2026, and March 31, 2026, respectively 6,383 6,170
Deferred transactions costs 125 125
Total current assets 25,007 23,892
Property and equipment, net 1,814 1,750
Operating right-of-use assets 6,676 8,608
Deferred tax assets 4,124 3,689
Long-term investments, net of allowance of $52 and $76, as of June 30, 2026, and March 31, 2026, respectively 1,958 1,896
Other assets 1,609 2,059
Total assets 41,188 41,894
Current liabilities:    
Accounts payable 8,873 9,270
Accrued compensation and related benefits, current 2,342 3,568
Operating lease liabilities, current 1,304 2,694
Short-term borrowings 3,275 4,436
Forward purchase agreement put option liability 4,068 4,287
Other current liabilities 9,577 6,434
Total current liabilities 29,439 30,689
Long term debt 795 798
Operating lease liabilities, noncurrent 5,796 6,358
Derivative warrant liabilities 421 421
Deferred tax liabilities 213 197
Other liabilities 6,396 6,016
Total liabilities 43,060 44,479
Commitments and contingencies (Note 10)    
Redeemable noncontrolling interest 757 448
Shareholders’ equity / (deficit)    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding
Net shareholders’ investment and additional paid-in capital 28,277 29,115
Less: Class A ordinary shares held in treasury at cost; 431,688 shares as on June 30, 2026, and 374,744 shares as on March 31, 2026 (2,251) (1,304)
Accumulated other comprehensive loss (1,739) (1,977)
Accumulated deficit (27,091) (28,873)
Total Aeries Technology, Inc. shareholders’ equity / (deficit) (2,799) (3,034)
Noncontrolling interest 170 1
Total shareholders’ equity / (deficit) (2,629) (3,033)
Total liabilities, redeemable noncontrolling interest and shareholders’ equity / (deficit) 41,188 41,894
Common Class A [Member]    
Shareholders’ equity / (deficit)    
Common stock, value 5 5
Common Class V [Member]    
Shareholders’ equity / (deficit)    
Common stock, value