AIR T INC
For the period ended Mar 31, 2024. Filed Jun 26, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Jun 26, 2024
Contents
Notes
- GEOGRAPHICAL INFORMATION
Total tangible long-lived assets, net of accumulated depreciation, located in the United States, the Company's country of domicile, and similar tangible long-lived assets, net of accumulated depreciation, held outside the United States are summarized in the following table as of March 31, 2024 and March 31, 2023 (in thousands):
| March 31, 2024 | March 31, 2023 | |
|---|---|---|
| United States | $20,807 | $21,433 |
| Foreign | 306 | 89 |
| Total tangible long-lived assets, net | $21,113 | $21,522 |
The Company’s tangible long-lived assets, net of accumulated depreciation, held outside of the United States represent primarily assets on lease at March 31, 2024. The net book value located within each individual country at March 31, 2024 is listed below (in thousands):
| Country | March 31, 2024 | March 31, 2023 |
|---|---|---|
| Thailand | $252 | $— |
| Other | 54 | 89 |
| Total tangible long-lived assets, net | $306 | $89 |
Total revenue, located in the United States, and outside the United States is summarized in the following table as of March 31, 2024 and March 31, 2023 (in thousands):
| March 31, 2024 | March 31, 2023 | |
|---|---|---|
| United States | $246,626 | $199,572 |
| Foreign | 40,208 | 47,751 |
| Total revenue | $286,834 | $247,323 |
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