v3.24.4
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