Leases (Tables) - MiX Telematics Limited [Member]

12 Months Ended

Mar. 31, 2024

Schedule of lease cost and supplemental cash flow information and non-cash activity

The components of lease cost are as follows (in thousands):

	As of March 31,
	2023		2024
Operating lease cost	$	1,252	$	1,316
Short-term lease cost		308		532
Total lease cost	$	1,560	$	1,848

Supplemental cash flow information and non-cash activity related to the Company’s operating leases are as follows (in thousands):

	As of March 31,
	2023			2024
Operating cash flow information:
Cash payments included in the measurement of lease liabilities	$	1,293		$	1,563
Non-cash activity:
Right-of-use assets obtained in exchange for new operating lease liabilities	$	862		$	1,427
Weighted-average remaining lease term - operating leases (months) (1)		22			19
Weighted-average discount rate - operating leases		8.0	%		8.7	%

⁽¹⁾ Including expected renewals where appropriate.

Schedule of maturities of operating lease liabilities

Maturities of operating lease liabilities as of March 31 were as follows (in thousands):

2025	$	1,137
2026		946
2027		815
2028		771
2029		638
Thereafter		183
Total future minimum lease payments		4,490
Less: Imputed interest		(779	)
Present value of future minimum lease payments		3,711
Less: Current portion of lease liabilities		(859	)
Non-current portion of lease liabilities	$	2,852