5.
Prepaid expenses and other current assets
Prepaid
expenses and other current assets comprise of the following (in thousands):
Schedule
of prepaid expenses and other current assets
| | |
2023 | | |
2024 | |
| | |
As of March 31, | |
| | |
2023 | | |
2024 | |
| Pre-payments | |
$ | 2,742 | | |
$ | 2,676 | |
| Prepaid taxes | |
| 95 | | |
| 102 | |
| Indemnification asset | |
| 474 | | |
| — | |
| Current income tax asset | |
| 1,496 | | |
| 1,368 | |
| VAT receivable | |
| 1,362 | | |
| 1,491 | |
| Receivable from Main Street
(1) | |
| — | | |
| 808 | |
| Sundry debtors | |
| 3,378 | | |
| 2,693 | |
| Deposits | |
| 131 | | |
| 88 | |
| Staff receivable | |
| 91 | | |
| 146 | |
| Lease receivable | |
| 171 | | |
| 301 | |
| Interest receivable | |
| 10 | | |
| 20 | |
| Prepaid expenses and
other current assets | |
$ | 9,950 | | |
$ | 9,693 | |
| (1) | | Relates
to share transfer taxes paid by the Company on behalf of Main Street. Refer to note 21 for
information regarding the change in ownership of the Company and delisting. |
|