Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Mar. 31, 2024
Current assets:
Cash and cash equivalents	$ 33,634	$ 24,354
Restricted cash	5,011	85,310
Accounts receivables, net of allowance for credit losses of $3,197 and $5,483 as of March 31, 2024 and December 31, 2024, respectively	82,167	30,333
Inventory, net	27,985	21,658
Deferred costs - current	6	42
Prepaid expenses and other current assets	25,455	8,091
Total current assets	174,258	169,788
Fixed assets, net	55,257	12,719
Goodwill	374,939	83,487
Intangible assets, net	263,396	19,652
Right-of-use asset	12,308	7,428
Severance payable fund	4,461	3,796
Deferred tax asset	5,766	2,781
Other assets	18,284	9,029
Total assets	908,669	308,680
Current liabilities:
Short-term bank debt and current maturities of long-term debt	34,596	1,951
Accounts payable and accrued expenses	86,481	34,008
Deferred revenue - current	17,912	5,842
Lease liability - current	4,763	1,789
Total current liabilities	143,752	43,590
Long-term debt - less current maturities	233,750	113,810
Deferred revenue - less current portion	3,949	4,892
Lease liability - less current portion	8,268	5,921
Accrued severance payable	4,906	4,597
Deferred tax liability	52,461	4,465
Other long-term liabilities	3,042	2,496
Total liabilities	450,128	179,771
Commitments and Contingencies (Note 22)
Convertible redeemable preferred stock: Series A - 100 shares authorized, $0.01 par value; 60 and 0 shares issued and outstanding at March 31, 2024 and December 31, 2024, respectively, at redemption value of $90,273 at March 31, 2024	0	90,273
STOCKHOLDERS’ EQUITY
Preferred stock; authorized 50,000 shares, $0.01 par value	0	0
Common stock; authorized 175,000 shares, $0.01 par value; 38,709 and 134,556 shares issued at March 31, 2024 and December 31, 2024, respectively; shares outstanding, 37,212 and 132,493 at March 31, 2024 and December 31, 2024, respectively	1,339	387
Additional paid-in capital	669,492	202,607
Accumulated deficit	(193,345)	(154,796)
Accumulated other comprehensive loss	(7,578)	(985)
Treasury stock; 1,497 and 2,063 common shares at cost at March 31, 2024 and December 31, 2024, respectively	(11,518)	(8,682)
Total Powerfleet, Inc. stockholders’ equity	458,390	38,531
Non-controlling interest	151	105
Total equity	458,541	38,636
Total liabilities, convertible redeemable preferred stock, and stockholders’ equity	$ 908,669	$ 308,680