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Aeries Technology Inc

For the period ended Mar 31, 2024. Filed Sep 27, 2024.

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About this filing

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 Sep 27, 2024

AERT$5.33+1.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Balance Sheets as of March 31, 2024 and 2023

CONSOLIDATED BALANCE SHEETS

As of March 31,
20242023
(Restated)
ASSETS
Current assets:
Cash and cash equivalents$2,084$1,131
Accounts receivable, net of allowance of $1,263 and $0, as of March 31, 2024 and March 31, 2023, respectively23,75713,416
Prepaid expenses and other current assets, net of allowance of $1 and $0, as of March 31, 2024 and March 31, 2023, respectively6,9954,117
Deferred transaction costs-1,921
Total current assets$32,836$20,585
Property and equipment, net3,5793,125
Operating right-of-use assets7,3185,627
Deferred tax assets1,9331,237
Long-term investments, net of allowance of $126 and $0, as of March 31, 2024 and March 31, 2023, respectively1,6121,564
Other assets, net of allowance of $1 and $0, as of March 31, 2024 and March 31, 2023, respectively2,1292,259
Total assets$49,407$34,397
LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND SHAREHOLDERS’ EQUITY (DEFICIT)
Current liabilities:
Accounts payable$6,616$2,474
Accrued compensation and related benefits, current3,1192,823
Operating lease liabilities, current2,0801,648
Short-term borrowings6,7781,376
Forward purchase agreement put option liability10,244-
Other current liabilities9,2884,201
Total current liabilities$38,125$12,522
Long term debt1,440969
Operating lease liabilities, noncurrent5,6154,261
Derivative warrant liabilities1,367-
Deferred tax liabilities92168
Other liabilities3,9483,008
Total liabilities$50,587$20,928
Commitments and contingencies (Note 17)
Redeemable noncontrolling interest734-
Shareholders’ equity (deficit)
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding--
Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 15,619,004 shares issued and outstanding as of March 31, 20242-
Common stock, no par value; 10,000 shares issued and paid-up as of March 31, 2024, no share issued and outstanding as of March 31, 2023--
Class V ordinary shares, $0.0001 par value; 1 share authorized, issued and outstanding as of March 31, 2024--
Net shareholders’ investment and additional paid-in capital-7,221
Accumulated other comprehensive loss(574)(1,349)
(Accumulated deficit) retained earnings(11,668)6,318
Total Aeries Technology, Inc. shareholders’ equity (deficit)$(12,240)$12,190
Noncontrolling interest10,3261,279
Total shareholders’ equity (deficit)(1,914)13,469
Total liabilities, redeemable noncontrolling interest and shareholders’ equity (deficit)$49,407$34,397
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.