v3.24.2.u1
SCHEDULE OF PRELIMINARY ESTIMATED FAIR VALUE (Details) - Subsequent Event [Member] - MiX Telematics [Member]
Apr. 02, 2024
USD ($)
$ / shares
Subsequent Event [Line Items]  
Shares of Powerfleet common stock to be issued for MiX ordinary shares outstanding $ 554,021
Exchange ratio | $ / shares $ 0.1276
Powerfleet stock price | $ / shares $ 5.12 [1]
Fair value of Powerfleet common stock transferred to MiX Telematics shareholders $ 362,005,000
Replacement of acquiree's equity awards by the acquirer 7,818,000 [2]
Total fair value of consideration 369,823,000
Common Stock [Member]  
Subsequent Event [Line Items]  
Shares of Powerfleet common stock to be issued for MiX ordinary shares outstanding $ 70,704
[1] Powerfleet’s closing share price on April 2, 2024
[2] The portion of the fair-value-based measure of the replacement award that is part of the consideration transferred in exchange for the acquiree equals the portion of the acquiree award that is attributable to pre-combination vesting.