2024 Q3 Form 10-K Financial Statement

#000182912624006527 Filed on September 27, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q1 2024
Revenue $16.87M $19.70M $72.51M
YoY Change 36.55%
Cost Of Revenue $13.30M $13.38M $50.87M
YoY Change 4.27% 28.97%
Gross Profit $3.575M $6.324M $21.64M
YoY Change -25.89% 58.46%
Gross Profit Margin 21.19% 32.1% 29.85%
Selling, General & Admin $7.670M $6.333M $18.65M
YoY Change 380.13% 178.82% 64.7%
% of Gross Profit 214.55% 100.14% 86.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $371.0K $348.0K $1.352M
YoY Change 11.08% 15.36%
% of Gross Profit 10.38% 5.5% 6.25%
Operating Expenses $7.670M $6.333M $18.65M
YoY Change 380.13% 178.82% 64.7%
Operating Profit -$4.095M -$9.000K $2.987M
YoY Change 156.34% -99.6% 28.14%
Interest Expense $135.0K $32.47M $462.0K
YoY Change 78.52% 4292.5% 7600.0%
% of Operating Profit 15.47%
Other Income/Expense, Net $1.263M $90.00K $16.14M
YoY Change 3662.24%
Pretax Income -$2.832M $32.55M $19.13M
YoY Change 86.09% -2224.72% 591.5%
Income Tax -$526.0K $417.0K $1.871M
% Of Pretax Income 1.28% 9.78%
Net Earnings -$2.280M $30.83M $17.26M
YoY Change 49.82% -2112.12% 1093.36%
Net Earnings / Revenue -13.51% 156.46% 23.8%
Basic Earnings Per Share -$0.05 $0.91
Diluted Earnings Per Share -$0.05 $1.89 $0.91
COMMON SHARES
Basic Shares Outstanding 44.50M shares 15.53M shares
Diluted Shares Outstanding 44.36M shares

Balance Sheet

Concept 2024 Q3 2024 Q1 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.627M $2.084M $2.084M
YoY Change 43027.23% 17636.17% 84.26%
Cash & Equivalents $3.627M $2.084M $2.084M
Short-Term Investments
Other Short-Term Assets $7.343M $6.995M $2.088M
YoY Change 877199.88% 119780.03% -18.05%
Inventory $728.0K
Prepaid Expenses $878.0K
Receivables $18.48M $23.76M $23.76M
Other Receivables $0.00 $0.00 $4.179M
Total Short-Term Assets $29.45M $32.84M $32.84M
YoY Change 59880.85% 11530.61% 59.51%
LONG-TERM ASSETS
Property, Plant & Equipment $3.728M $3.579M $10.90M
YoY Change -60.87% 14.53% 24.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.717M $1.612M $1.612M
YoY Change -96.57% -99.32% 3.07%
Other Assets $4.683M $2.129M $4.062M
YoY Change 16.12% -5.75% 16.19%
Total Long-Term Assets $22.51M $16.57M $16.57M
YoY Change -54.97% -93.01% 19.98%
TOTAL ASSETS
Total Short-Term Assets $29.45M $32.84M $32.84M
Total Long-Term Assets $22.51M $16.57M $16.57M
Total Assets $51.96M $49.41M $49.41M
YoY Change 3.83% -79.19% 43.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.330M $6.616M $6.616M
YoY Change 15.4% 17.23% 167.42%
Accrued Expenses $4.257M $4.892M $10.09M
YoY Change 6736.69% 7756.49% 74.28%
Deferred Revenue
YoY Change
Short-Term Debt $4.482M $6.778M $6.765M
YoY Change 703.5% 1470.11% 395.97%
Long-Term Debt Due $1.514M $1.440M $307.0K
YoY Change 11546.15% 48.61% -4.06%
Total Short-Term Liabilities $39.22M $38.13M $38.13M
YoY Change 317.87% 482.37% 204.46%
LONG-TERM LIABILITIES
Long-Term Debt $1.514M $1.440M $1.440M
YoY Change 19.6%
Other Long-Term Liabilities $4.462M $3.948M $10.93M
YoY Change 345.47% 75.94% 55.39%
Total Long-Term Liabilities $5.976M $5.388M $12.37M
YoY Change 496.62% 140.11% 50.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $39.22M $38.13M $38.13M
Total Long-Term Liabilities $5.976M $5.388M $12.37M
Total Liabilities $53.27M $50.59M $61.65M
YoY Change 412.84% 475.47% 177.6%
SHAREHOLDERS EQUITY
Retained Earnings -$28.68M -$11.67M
YoY Change 180.08% 38.76%
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.316M -$12.24M -$12.24M
YoY Change
Total Liabilities & Shareholders Equity $51.96M $49.41M $49.41M
YoY Change 3.83% -79.19% 43.64%

Cashflow Statement

Concept 2024 Q3 2024 Q1 2024
OPERATING ACTIVITIES
Net Income -$2.280M $30.83M $17.26M
YoY Change 49.82% -2112.12% 1093.36%
Depreciation, Depletion And Amortization $371.0K $348.0K $1.352M
YoY Change 11.08% 15.36%
Cash From Operating Activities $1.925M -$4.324M -$4.299M
YoY Change -5856.58% -3040.26% -303.65%
INVESTING ACTIVITIES
Capital Expenditures $612.0K $458.0K $1.520M
YoY Change 28.57% -5.0%
Acquisitions
YoY Change
Other Investing Activities $232.0K -$212.0K -$220.0K
YoY Change -611.63%
Cash From Investing Activities -$380.0K -$670.0K -$1.740M
YoY Change 11.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.136M 582.0K $7.056M
YoY Change -417.28% 2700.0%
NET CHANGE
Cash From Operating Activities 1.925M -4.324M -$4.299M
Cash From Investing Activities -380.0K -670.0K -$1.740M
Cash From Financing Activities -2.136M 582.0K $7.056M
Net Change In Cash -591.0K -4.412M $953.0K
YoY Change 1667.34% 12029.21% 18.24%
FREE CASH FLOW
Cash From Operating Activities $1.925M -$4.324M -$4.299M
Capital Expenditures $612.0K $458.0K $1.520M
Free Cash Flow $1.313M -$4.782M -$5.819M
YoY Change -357.73% -1238.75%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2024 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2024 dei Entity Central Index Key
EntityCentralIndexKey
0001853044
CY2024 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2024 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2024 dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
CY2024 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2024Q1 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
usd
CY2023Q1 aert Forward Purchase Agreement Put Option Liability
ForwardPurchaseAgreementPutOptionLiability
usd
CY2023Q1 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
usd
CY2023Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
usd
CY2024Q1 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2023Q1 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2024Q1 us-gaap Common Stock Value
CommonStockValue
usd
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
usd
CY2024Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
usd
CY2023 aert Change In Fair Value Of Forward Purchase Agreement Put Option Liability
ChangeInFairValueOfForwardPurchaseAgreementPutOptionLiability
usd
CY2023 aert Change In Fair Value Of Derivative Warrant Liabilities
ChangeInFairValueOfDerivativeWarrantLiabilities
usd
CY2023 aert Less Net Income Attributable To Redeemable Noncontrolling Interests
LessNetIncomeAttributableToRedeemableNoncontrollingInterests
usd
CY2023 aert Comprehensive Income Attributable To Redeemable Noncontrolling Interests
ComprehensiveIncomeAttributableToRedeemableNoncontrollingInterests
usd
CY2024 aert Reclassification Of Negative Additional Paidin Capital
ReclassificationOfNegativeAdditionalPaidinCapital
usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
usd
CY2024 aert Impairment In Value Of Investments
ImpairmentInValueOfInvestments
usd
CY2023 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
usd
CY2023 aert Change In Fair Value Of Derivative Warrant Liabilities
ChangeInFairValueOfDerivativeWarrantLiabilities
usd
CY2023 aert Loss On Issuance Of Shares Against Accounts Payable
LossOnIssuanceOfSharesAgainstAccountsPayable
usd
CY2023 aert Payment Of Promissory Note Liability
PaymentOfPromissoryNoteLiability
usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
usd
CY2023 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
usd
CY2023 aert Settlement Of Accounts Payable Through Issuance Of Class Ordinary Shares To Vendors
SettlementOfAccountsPayableThroughIssuanceOfClassOrdinarySharesToVendors
usd
CY2023 aert Assumption Of Net Liabilities From Business Combination
AssumptionOfNetLiabilitiesFromBusinessCombination
usd
CY2024 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
usd
CY2024 aert Income Tax Reconciliation Nontaxable Income
IncomeTaxReconciliationNontaxableIncome
usd
CY2023 aert Income Tax Reconciliation Nontaxable Income
IncomeTaxReconciliationNontaxableIncome
usd
CY2024 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
usd
CY2024 us-gaap Short Term Lease Cost
ShortTermLeaseCost
usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
usd
CY2023Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
usd
CY2024 dei Document Type
DocumentType
10-K
CY2024 dei Document Annual Report
DocumentAnnualReport
true
CY2024 dei Document Period End Date
DocumentPeriodEndDate
2024-03-31
CY2024 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
CY2024 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2024 dei Entity Small Business
EntitySmallBusiness
true
CY2024 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2024 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2024 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2024 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2024 dei Entity Shell Company
EntityShellCompany
false
CY2023Q3 dei Entity Public Float
EntityPublicFloat
49900000 usd
CY2024Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
44500426 shares
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024 dei Auditor Name
AuditorName
Manohar Chowdhry & Associates
CY2024 dei Auditor Firm
AuditorFirmId
5341
CY2024 dei Auditor Location
AuditorLocation
Chennai, India
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2084000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1131000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
1263000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
0 usd
CY2024Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
23757000 usd
CY2023Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
13416000 usd
CY2024Q1 aert Prepaid Expenses And Other Current Assets Net Of Allowance
PrepaidExpensesAndOtherCurrentAssetsNetOfAllowance
1000 usd
CY2023Q1 aert Prepaid Expenses And Other Current Assets Net Of Allowance
PrepaidExpensesAndOtherCurrentAssetsNetOfAllowance
0 usd
CY2024Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6995000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4117000 usd
CY2023Q1 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
1921000 usd
CY2024Q1 us-gaap Assets Current
AssetsCurrent
32836000 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
20585000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3579000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3125000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7318000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5627000 usd
CY2024Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1933000 usd
CY2023Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1237000 usd
CY2024Q1 aert Longterm Investments Net Of Allowance
LongtermInvestmentsNetOfAllowance
126000 usd
CY2023Q1 aert Longterm Investments Net Of Allowance
LongtermInvestmentsNetOfAllowance
0 usd
CY2024Q1 us-gaap Long Term Investments
LongTermInvestments
1612000 usd
CY2023Q1 us-gaap Long Term Investments
LongTermInvestments
1564000 usd
CY2024Q1 aert Other Assets Net Of Allowance
OtherAssetsNetOfAllowance
1000 usd
CY2023Q1 aert Other Assets Net Of Allowance
OtherAssetsNetOfAllowance
0 usd
CY2024Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2129000 usd
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2259000 usd
CY2024Q1 us-gaap Assets
Assets
49407000 usd
CY2023Q1 us-gaap Assets
Assets
34397000 usd
CY2024Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
6616000 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
2474000 usd
CY2024Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
3119000 usd
CY2023Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
2823000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2080000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1648000 usd
CY2024Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
6778000 usd
CY2023Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
1376000 usd
CY2024Q1 aert Forward Purchase Agreement Put Option Liability
ForwardPurchaseAgreementPutOptionLiability
10244000 usd
CY2024Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
9288000 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4201000 usd
CY2024Q1 us-gaap Liabilities Current
LiabilitiesCurrent
38125000 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
12522000 usd
CY2024Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1440000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
969000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5615000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4261000 usd
CY2024Q1 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
1367000 usd
CY2024Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
92000 usd
CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
168000 usd
CY2024Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3948000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3008000 usd
CY2024Q1 us-gaap Liabilities
Liabilities
50587000 usd
CY2023Q1 us-gaap Liabilities
Liabilities
20928000 usd
CY2024Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
734000 usd
CY2024Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2024Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10000 shares
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
0 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
0 shares
CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
7221000 usd
CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-574000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1349000 usd
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-11668000 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6318000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
-12240000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
12190000 usd
CY2024Q1 us-gaap Minority Interest
MinorityInterest
10326000 usd
CY2023Q1 us-gaap Minority Interest
MinorityInterest
1279000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1914000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13469000 usd
CY2024Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
49407000 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
34397000 usd
CY2024 us-gaap Revenues
Revenues
72509000 usd
CY2023 us-gaap Revenues
Revenues
53099000 usd
CY2024 us-gaap Cost Of Revenue
CostOfRevenue
50868000 usd
CY2023 us-gaap Cost Of Revenue
CostOfRevenue
39442000 usd
CY2024 us-gaap Gross Profit
GrossProfit
21641000 usd
CY2023 us-gaap Gross Profit
GrossProfit
13657000 usd
CY2024 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
18654000 usd
CY2023 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
11326000 usd
CY2024 us-gaap Operating Expenses
OperatingExpenses
18654000 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
11326000 usd
CY2024 us-gaap Operating Income Loss
OperatingIncomeLoss
2987000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
2331000 usd
CY2024 aert Change In Fair Value Of Forward Purchase Agreement Put Option Liability
ChangeInFairValueOfForwardPurchaseAgreementPutOptionLiability
14765000 usd
CY2024 aert Change In Fair Value Of Derivative Warrant Liabilities
ChangeInFairValueOfDerivativeWarrantLiabilities
1402000 usd
CY2024 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
275000 usd
CY2023 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
191000 usd
CY2024 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
16140000 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
435000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
19127000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2766000 usd
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1871000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1060000 usd
CY2024 us-gaap Profit Loss
ProfitLoss
17256000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
1706000 usd
CY2024 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
202000 usd
CY2023 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
260000 usd
CY2024 aert Less Net Income Attributable To Redeemable Noncontrolling Interests
LessNetIncomeAttributableToRedeemableNoncontrollingInterests
1397000 usd
CY2024 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15657000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1446000 usd
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15532382 shares
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2024 us-gaap Profit Loss
ProfitLoss
17256000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
1706000 usd
CY2024 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
185000 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
709000 usd
CY2024 aert Unrecognized Actuarial Gain Loss On Employee Benefit Plan Obligations
UnrecognizedActuarialGainLossOnEmployeeBenefitPlanObligations
12000 usd
CY2023 aert Unrecognized Actuarial Gain Loss On Employee Benefit Plan Obligations
UnrecognizedActuarialGainLossOnEmployeeBenefitPlanObligations
-117000 usd
CY2024 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-173000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-826000 usd
CY2024 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
17083000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
880000 usd
CY2024 aert Comprehensive Income Attributable To Noncontrolling Interests
ComprehensiveIncomeAttributableToNoncontrollingInterests
-180000 usd
CY2023 aert Comprehensive Income Attributable To Noncontrolling Interests
ComprehensiveIncomeAttributableToNoncontrollingInterests
-139000 usd
CY2024 aert Comprehensive Income Attributable To Redeemable Noncontrolling Interests
ComprehensiveIncomeAttributableToRedeemableNoncontrollingInterests
-1407000 usd
CY2024 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
15496000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
741000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13469000 usd
CY2024 aert Transition Period Adjustment Pursuant To Asc326 Net Of Tax
TransitionPeriodAdjustmentPursuantToAsc326NetOfTax
-223000 usd
CY2024 aert Adjusted Balances
AdjustedBalances
13246000 usd
CY2024 us-gaap Share Based Compensation
ShareBasedCompensation
1626000 usd
CY2024 aert Net Changes In Net Stockholders Investment
NetChangesInNetStockholdersInvestment
-10000 usd
CY2024 aert Share In Premerger Net Income
ShareInPremergerNetIncome
1616000 usd
CY2024 aert Share In Premerger Other Comprehensive Income
ShareInPremergerOtherComprehensiveIncome
-191000 usd
CY2024 aert Impact Of Reverse Recapitalization Refer Note2
ImpactOfReverseRecapitalizationReferNote2
-43609000 usd
CY2024 aert Settlement Of Accounts Payable Through Issuance Of Shares
SettlementOfAccountsPayableThroughIssuanceOfShares
903000 usd
CY2024 aert Net Income For Period Post Business Combination Upto Redeemable Nci Reclass
NetIncomeForPeriodPostBusinessCombinationUptoRedeemableNciReclass
12484000 usd
CY2024 aert Other Comprehensive Loss Post Business Combination Upto Redeemable Nci Reclass
OtherComprehensiveLossPostBusinessCombinationUptoRedeemableNciReclass
7000 usd
CY2024 aert Reclassification Of Redeemable Nci To Nci
ReclassificationOfRedeemableNciToNci
10254000 usd
CY2024 aert Net Income For Period Post Business Combination Post Redeemable Nci Reclass
NetIncomeForPeriodPostBusinessCombinationPostRedeemableNciReclass
1759000 usd
CY2024 aert Other Comprehensive Loss Post Business Combination Post Redeemable Nci Reclass
OtherComprehensiveLossPostBusinessCombinationPostRedeemableNciReclass
1000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1914000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8696000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
1706000 usd
CY2023 aert Other Comprehensive Loss
OtherComprehensiveLoss
-826000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
3805000 usd
CY2023 aert Net Changes In Net Stockholders Investment
NetChangesInNetStockholdersInvestment
88000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13469000 usd
CY2024 us-gaap Profit Loss
ProfitLoss
17256000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
1706000 usd
CY2024 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1352000 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1172000 usd
CY2024 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1626000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3805000 usd
CY2024 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-718000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-161000 usd
CY2024 aert Accrued Income From Longterm Investments
AccruedIncomeFromLongtermInvestments
196000 usd
CY2023 aert Accrued Income From Longterm Investments
AccruedIncomeFromLongtermInvestments
130000 usd
CY2024 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1098000 usd
CY2024 aert Gain On Lease Termination
GainOnLeaseTermination
13000 usd
CY2023 aert Gain On Lease Termination
GainOnLeaseTermination
25000 usd
CY2024 aert Sundry Balances Written Back
SundryBalancesWrittenBack
-48000 usd
CY2023 aert Sundry Balances Written Back
SundryBalancesWrittenBack
-36000 usd
CY2024 aert Unrealized Exchange Gain Loss
UnrealizedExchangeGainLoss
-26000 usd
CY2023 aert Unrealized Exchange Gain Loss
UnrealizedExchangeGainLoss
6000 usd
CY2023 aert Impairment In Value Of Investments
ImpairmentInValueOfInvestments
24000 usd
CY2024 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-12000 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-54000 usd
CY2024 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
-14765000 usd
CY2024 aert Change In Fair Value Of Derivative Warrant Liabilities
ChangeInFairValueOfDerivativeWarrantLiabilities
1402000 usd
CY2024 aert Loss On Issuance Of Shares Against Accounts Payable
LossOnIssuanceOfSharesAgainstAccountsPayable
48000 usd
CY2024 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
11741000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6123000 usd
CY2024 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
340000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1199000 usd
CY2024 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1839000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6113000 usd
CY2024 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-312000 usd
CY2023 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
801000 usd
CY2024 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-568000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1020000 usd
CY2024 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
323000 usd
CY2023 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
898000 usd
CY2024 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
2378000 usd
CY2023 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
838000 usd
CY2024 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
1953000 usd
CY2023 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
6425000 usd
CY2024 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
999000 usd
CY2023 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
751000 usd
CY2024 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4299000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2111000 usd
CY2024 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1520000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1600000 usd
CY2024 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
12000 usd
CY2024 aert Issuance Of Loans To Affiliates
IssuanceOfLoansToAffiliates
2325000 usd
CY2023 aert Issuance Of Loans To Affiliates
IssuanceOfLoansToAffiliates
813000 usd
CY2024 aert Payments Received For Loans To Affiliates
PaymentsReceivedForLoansToAffiliates
2094000 usd
CY2023 aert Payments Received For Loans To Affiliates
PaymentsReceivedForLoansToAffiliates
844000 usd
CY2024 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1740000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1557000 usd
CY2024 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
2545000 usd
CY2023 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
1184000 usd
CY2024 aert Payment Of Promissory Note Liability
PaymentOfPromissoryNoteLiability
1500000 usd
CY2024 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
448000 usd
CY2024 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
882000 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
368000 usd
CY2024 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
391000 usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
229000 usd
CY2024 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
391000 usd
CY2023 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
390000 usd
CY2024 aert Payment Of Deferred Transaction Costs
PaymentOfDeferredTransactionCosts
2297000 usd
CY2023 aert Payment Of Deferred Transaction Costs
PaymentOfDeferredTransactionCosts
769000 usd
CY2024 aert Net Changes In Net Shareholders Investment
NetChangesInNetShareholdersInvestment
10000 usd
CY2023 aert Net Changes In Net Shareholders Investment
NetChangesInNetShareholdersInvestment
-88000 usd
CY2024 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
8666000 usd
CY2024 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7056000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
252000 usd
CY2024 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-64000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-26000 usd
CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
953000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
780000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1131000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
351000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2084000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1131000 usd
CY2024 us-gaap Interest Paid Net
InterestPaidNet
465000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
273000 usd
CY2024 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1008000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1229000 usd
CY2024 aert Unpaid Deferred Transaction Costs Included In Accounts Payable And Other Current Liabilities
UnpaidDeferredTransactionCostsIncludedInAccountsPayableAndOtherCurrentLiabilities
663000 usd
CY2023 aert Unpaid Deferred Transaction Costs Included In Accounts Payable And Other Current Liabilities
UnpaidDeferredTransactionCostsIncludedInAccountsPayableAndOtherCurrentLiabilities
1189000 usd
CY2024 aert Equipment Acquired Under Finance Lease Obligations
EquipmentAcquiredUnderFinanceLeaseObligations
313000 usd
CY2023 aert Equipment Acquired Under Finance Lease Obligations
EquipmentAcquiredUnderFinanceLeaseObligations
164000 usd
CY2024 aert Property And Equipment Purchase Included In Accounts Payable
PropertyAndEquipmentPurchaseIncludedInAccountsPayable
41000 usd
CY2023 aert Property And Equipment Purchase Included In Accounts Payable
PropertyAndEquipmentPurchaseIncludedInAccountsPayable
25000 usd
CY2024 aert Settlement Of Accounts Payable Through Issuance Of Class Ordinary Shares To Vendors
SettlementOfAccountsPayableThroughIssuanceOfClassOrdinarySharesToVendors
855000 usd
CY2024 aert Assumption Of Net Liabilities From Business Combination
AssumptionOfNetLiabilitiesFromBusinessCombination
38994000 usd
CY2024 us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_80D_eus-gaap--NatureOfOperations_zIOtznhier9g" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Note 1 - <span id="xdx_829_zHLTd94IxbSk">Nature of Operations</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Aeries Technology, Inc. (formerly Worldwide Webb Acquisition Corp. (“WWAC”), formed in the Cayman Islands on March 5, 2021) and its subsidiaries, excluding the fintech and investing business activities, is herein referred to as the “Company”, “ATI”, the “registrant”, “us,” “we” and “our” in these consolidated financial statements. Aark Singapore Pte. Ltd. and its subsidiaries (“AARK”), excluding the fintech and investing business activities, is herein referred to as the “Carve-out Entity”. The Company is a global provider of professional and management services and technology consulting, specializing in the establishment and management of dedicated delivery centers known as “Global Capability Centers” (“GCCs”) for portfolio companies of private equity firms and mid-market enterprises. Our engagement models are designed to provide a mix of deep vertical specialty, functional expertise, and digital systems and solutions to scale, optimize and transform a client’s business operations. The Company has subsidiaries in India, Mexico, Singapore, UAE and the United States.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Change in Fiscal Year</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On November 6, 2023, the Company’s Board of Directors approved a change in the Company’s fiscal year end from December 31 to March 31. The Company’s latest fiscal year ran from April 1, 2023, through March 31, 2024.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Demerger and Business Combination</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On March 11, 2023, WWAC entered into the Business Combination Agreement (the “Merger Agreement,” and the transactions contemplated therein, the “Business Combination”), with WWAC Amalgamation Sub Pte. Ltd., a Singapore private company limited by shares and a direct wholly-owned subsidiary of WWAC (“Amalgamation Sub”), and Aark Singapore Pte. Ltd. a Singapore private company limited by shares (“AARK”) (together with WWAC and Amalgamation Sub, the “Parties” and individually, a “Party”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AARK was engaged in management consulting, fintech and investing business. However, only the management consulting business was subject to the Merger Agreement and therefore in connection with the Business Combination, AARK entered into a Demerger Agreement with Aarx Singapore Pte. Ltd. and their respective shareholders on March 25, 2023 to spin off the fintech business which was a part of AARK but not subject to the Merger Agreement. Subsequently, the AARK Board of Directors ratified two resolutions on May 24, 2023. These resolutions effectively spun off the investing business which was part of AARK but not subject to the Merger Agreement. These transactions will collectively be referred to as “Demerger Transactions”.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant to the Merger Agreement, all AARK ordinary shares that were issued and outstanding prior to the effective time of the Business Combination remained issued and outstanding following the Business Combination and continued to be held by the Sole Shareholder (as defined below) of AARK. The Company issued a Class V ordinary share to NewGen Advisors and Consultants DWC-LLC (“NewGen”). NewGen is a business associate of Mr. Raman Kumar (“Sole Shareholder”). NewGen has agreed to hold the Class V ordinary share to protect the interest of the Sole Shareholder, in the event of certain events, including a hostile takeover or the appointment or removal of directors at ATI level. While the Class V ordinary share does not carry any direct economic rights, it does carry voting rights equal to 26% which will ratchet up to 51% voting rights upon occurrence of extraordinary events at the ATI level. All of the shares of Amalgamation Sub that were issued and outstanding immediately prior to the effective time of the Business Combination were converted into a number of newly issued AARK ordinary shares. In accordance with principles of Financial Accounting Standards Board’s Accounting Standards Codification Topic 805, Business Combinations (“ASC 805”) and based on the economic interest held by the shareholders post the Business Combination as well as the underlying rights, it was assessed that AARK is the accounting acquirer and WWAC is the accounting acquiree. The Business Combination closed on November 6, 2023 (“Closing Date”) and resulted in ATI owning <span id="xdx_90A_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_c20231106__srt--OwnershipAxis__custom--AARKMember_pdd" title="Ownership, percentage">38.24%</span> of the issued and outstanding shares of AARK and the Sole Shareholder of AARK owning the balance <span id="xdx_909_eus-gaap--MinorityInterestOwnershipPercentageByNoncontrollingOwners_c20231106__srt--OwnershipAxis__custom--AARKShareholdersMember_pdd" title="Ownership, percentage">61.76%</span>. Pursuant to the Business Combination, ATI has a right to appoint two out of the three directors on the Board of AARK and therefore has an ability to control the activities undertaken by AARK in ordinary course of business, resulting in AARK being classified as a subsidiary of ATI. Finally, the Business Combination has been accounted for as reverse recapitalization. Refer to the section <i>“Reverse Recapitalization”</i> below for details.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Reverse Recapitalization</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As mentioned above – <i>Demerger and Business Combination</i>, the Business Combination was closed on November 6, 2023 and has been accounted for as a reverse recapitalization because AARK has been determined to be the accounting acquirer under ASC 805 based on the evaluation of the following facts and circumstances taken into consideration:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="vertical-align: top; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Sole Shareholder, who controlled AARK prior to the Business Combination, will retain a majority of the outstanding shares of ATI after giving effect to the Exchange Agreements. The Exchange Agreements are further discussed in Note 22;</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="vertical-align: top; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AARK has the ability to elect a majority of the members of ATI’s governing body;</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="vertical-align: top; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AARK’s executive team makes up the executive team of ATI;</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="vertical-align: top; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AARK represents an operating entity (group) with operating assets, revenues, and earnings significantly larger than WWAC.</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under a reverse recapitalization, while WWAC was the legal acquirer, it has been treated as the “acquired” company for financial reporting purposes. Accordingly, for accounting purposes, the Business Combination was treated as the equivalent of pre-combination AARK issuing stock for the net assets of WWAC, accompanied by a recapitalization. The net assets of WWAC have been stated at historical cost, with no goodwill or other intangible assets recorded. Operations prior to the Business Combination are those of pre-combination AARK and relate to the management consulting business.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Immediately following the Business Combination, there were <span id="xdx_907_eus-gaap--SharesOutstanding_iI_pip0_c20240331__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zllh9OBwabo8" title="Shares Outstanding">15,257,666</span> Class A ordinary shares outstanding with a par value of $<span id="xdx_902_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pip0_c20240331__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zQt55fkiRrS2" title="Common stock, par value">0.0001</span> per share. Additionally, there were <span id="xdx_904_ecustom--PurchaseOfAdditionalShares_pip0_c20230401__20240331__us-gaap--AwardTypeAxis__custom--PrivatePlacementWarrantsMember_z7xrHFbnGnu7" title="Purchase of additional shares">9,527,810</span> Private Placement Warrants (defined below) and <span id="xdx_902_ecustom--PurchaseOfAdditionalShares_pip0_c20230401__20240331__us-gaap--AwardTypeAxis__custom--PublicWarrantsMember_zkyBVCDJfd4" title="Purchase of additional shares">11,499,991</span> Public Warrants (defined below) outstanding with a right to purchase <span id="xdx_900_eus-gaap--ClassOfWarrantOrRightOutstanding_iI_pip0_c20240331_z9M2P0a0KE11" title="Warrants outstanding">21,027,801</span> Class A ordinary shares.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon closing of the Business Combination, the total number of ATI’s Class A ordinary shares issued and outstanding was <span id="xdx_90D_eus-gaap--SharesIssued_iI_pip0_c20240331__us-gaap--StatementEquityComponentsAxis__custom--ClassAOrdinarySharesMember_zpImv7OYwn76" title="Shares issued"><span id="xdx_901_eus-gaap--SharesOutstanding_iI_pip0_c20240331__us-gaap--StatementEquityComponentsAxis__custom--ClassAOrdinarySharesMember_zbX4QMIHFymk" title="Shares Outstanding">15,257,666</span></span>. Further, certain Class A ordinary shareholders entered into non-redemption agreements executed on November 3, 2023 and November 5, 2023, to reverse redemptions for an aggregate of 1,652,892 Class A ordinary shares while waiving their right to receive any “Bonus Shares” issued under the Merger Agreement. In connection with the closing, holders of <span id="xdx_909_ecustom--RedemptionOfShares_iI_pip0_c20240331__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_z99U04W0nXm6" title="Redemption of shares">2,697,052</span> Class A ordinary shares of WWAC were redeemed at a price per share of approximately $10.69. AARK incurred approximately $<span id="xdx_90F_eus-gaap--BusinessAcquisitionCostOfAcquiredEntityTransactionCosts_iI_pn3n3_c20240331_zyxjbCI8o2Kf" title="Transaction costs relating to business combination">3,697</span> in transaction costs relating to the Business Combination and recorded those costs against additional paid-in capital in the consolidated balance sheet.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The number of Class A ordinary shares issued and outstanding immediately following the consummation of the Business Combination were:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfconsummationOfBusinessCombinationTableTextBlock_pn3n3_zixrxR5ktHUa" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Nature of Operations (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"><span><span id="xdx_8B0_zpx59rQT3gLl" style="display: none">Schedule of consummation of business combination</span></span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_497_20240331_zeQFSx8EI3i5" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_ecustom--PublicShareholdersRedeemableClassOrdinarySharesIncludingBonusShares_iI_pdd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 88%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Public Shareholders (Redeemable Class A ordinary shares), including Bonus Shares<sup id="xdx_F45_zYJhEcKiPKX5">(1)</sup></span></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">3,157,469</td> <td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_ecustom--SharesHeldByWorldwideWebbAcquisitionSponsorLlcSponsorAndOtherInitialHolders_iI_pdd" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shares held by Worldwide Webb Acquisition Sponsor, LLC (the “Sponsor”) and other initial holders<sup id="xdx_F40_znCTXPc9t2Q5">(2)(3)</sup></span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,750,000</td> <td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--SharesHeldByInnovoConsultancyDmcc_iI_pdd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shares held by Innovo Consultancy DMCC<sup id="xdx_F42_zBlllETNlxE6">(4)</sup></span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,638,530</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--SharesHeldByFpaHolders_iI_pdd" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shares held by FPA Holders<sup id="xdx_F4C_zrpjbtAxJa0g">(5)</sup></span></td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">3,711,667</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--SharesIssued_iI_pdd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Total<sup id="xdx_F4C_zyoTGZbOjF7e">(6)</sup></b></span></td> <td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">15,257,666</td> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: justify; vertical-align: top; width: 0in"></td> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span id="xdx_F0C_zg7UZb2BHlh6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="vertical-align: top; text-align: justify"><span id="xdx_F19_zmCrUFnoRx3a" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes 87,133 Bonus Shares issued to the Company’s public shareholders and 1,024,335 “Extension Shares” issued to certain holders of Class A ordinary shares (the “Holders”) in accordance with the Non-Redemption Agreement entered into between WWAC, the Sponsor, and the Holders of Class A ordinary shares. Also includes 288,333 shares purchased by the Forward Purchase Agreement holders in the open market or via redemption reversals prior to the consummation of the Business Combination.</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: justify; vertical-align: top; width: 0in"></td> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span id="xdx_F08_z90G7cOAhy45" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td style="vertical-align: top; text-align: justify"><span id="xdx_F1A_zT8dxvU1iI6b" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes 1,500,000 Class A ordinary shares issued to the Sponsor and 1,250,000 Class A ordinary shares issued to certain anchor investors upon conversion of Class B ordinary shares concurrently with the consummation of the Business Combination. 3,000,000 Class B ordinary shares were forfeited by the Sponsor upon the consummation of the Business Combination.</span></td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: justify; vertical-align: top; width: 0in"></td> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span id="xdx_F0B_zvhRurGjEyZ5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td> <td style="vertical-align: top; text-align: justify"><span id="xdx_F1E_zU9unD8Q9Zwb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Does not include (i) 1,500,000 Class B ordinary shares forfeited upon the consummation of the Business Combination, or (ii) 1,500,000 Class B ordinary shares forfeited pursuant to a Support Agreement with the Sponsor.</span></td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: justify; vertical-align: top; width: 0in"></td> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span id="xdx_F02_zdMvZaG30Hij" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</span></td> <td style="vertical-align: top; text-align: justify"><span id="xdx_F10_zODWhuwbz0n7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes (i) 3,000,000 Class A Shares reissued against 3,000,000 Class B Shares forfeited by the Sponsor upon consummation of the Business Combination as per (2) above, and (ii) 2,638,530 remaining Bonus Shares issued to Innovo.</span></td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: justify; vertical-align: top; width: 0in"></td> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span id="xdx_F01_zFmQdoiyaYgc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(5)</span></td> <td style="vertical-align: top; text-align: justify"><span id="xdx_F13_zIFe2Vlpy2Kh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents a new issuance of Class A ordinary shares to the Forward Purchase Agreement holders in accordance with the Forward Purchase Agreement.</span></td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: justify; vertical-align: top; width: 0in"></td> <td style="text-align: justify; vertical-align: top; width: 0.25in"><span id="xdx_F01_zVKwVPj13nte" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(6)</span></td> <td style="vertical-align: top; text-align: justify"><span id="xdx_F15_zOq9Dn8bSdJ5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Does not include 10,000 AARK ordinary shares and 655,788 ordinary shares of Aeries Technology Group Business Accelerators Private Limited that represent noncontrolling interest in AARK. These shares will be exchangeable (together with the proportionate reduction in the voting power of the Class V ordinary share, and in the case of the exchange of all AARK ordinary shares, the forfeiture and cancellation of the Class V ordinary share) into shares in ATI in connection with the Exchange Agreements, which is further discussed in Note 19.</span></td> </tr> </table> <p id="xdx_8AF_zh7i4J2G1Mp3" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table reconciles the elements of the Business Combination to the change in net shareholders’ investment and additional paid-in capital on the consolidated statement of changes in redeemable noncontrolling interest and shareholders’ equity (deficit) for the year ended March 31, 2024:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfReconcilesOfBusinessCombinationTableTextBlock_pn3n3_zLGpGvDW8Ttk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Nature of Operations (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"><span><span id="xdx_8B4_z8Z3hqI2qc95" style="display: none">Schedule of reconciles of business combination</span></span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_493_20230401__20240331_zC5r22DnvfW7" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Schedule of cash and net liabilities assumed pursuant to Business Combination</td> <td style="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Amount</td> <td style="text-align: center; padding-bottom: 1pt; font-weight: bold; vertical-align: bottom"> </td></tr> <tr id="xdx_40B_ecustom--BalanceInCompanyTrustAccount_i_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 88%; text-align: left">Balance in Company trust account</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">40,402</td> <td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--OutflowOnAccountOfRedemptionPayments_iN_pn3n3_di_zJtYSnH0Ohhi" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Less: Outflow on account of redemption payments</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(18,795</td> <td style="text-align: left">)</td></tr> <tr id="xdx_400_ecustom--PrepaymentForRecycleShareUnderForwardPurchaseAgreement_iN_pn3n3_di_zBqKy56TxlF7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Less: Prepayment for recycle share under forward purchase agreement</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(3,083</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40D_ecustom--LessPaymentsUnderNonredemptionAgreements_iN_pn3n3_di_zxmeJOjntOS1" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Less: Payments under Non-redemption agreements</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(9,672</td> <td style="text-align: left">)</td></tr> <tr id="xdx_408_ecustom--PaymentToContinentalStockTransferForServicesProvidedInRelationToBusinessCombination_iN_pn3n3_di_zXZV64PueEFi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Less: Payment to Continental Stock Transfer for services provided in relation to the Business Combination</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(186</td> <td style="text-align: left">)</td></tr> <tr id="xdx_400_ecustom--NetCashAcquiredInBusinessCombination_i_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left">Net cash acquired in Business Combination</td> <td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right">8,666</td> <td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_407_ecustom--AssumedNetLiabilitiesOfAtiOnClosingDate_iN_pn3n3_di_zBHRr8mJwcEi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: Assumed net liabilities of ATI on Closing Date<sup id="xdx_F42_zpnLRpEt2dZ7">(1)</sup></span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(38,994</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40F_ecustom--PrecombinationTransactionCosts_iN_pn3n3_di_z3w3pBeNHkTc" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Less: Pre-combination transaction costs</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(3,697</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40B_ecustom--TransferredToRedeemableNciOnConsolidation_iN_pn3n3_di_zj2LvEpqbzml" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Less: Transferred to Redeemable Noncontrolling Interest (“NCI”) pursuant to Business Combination</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(4,465</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40F_ecustom--LessParValueOfClassOrdinarySharesIssued_iN_pn3n3_di_zcGfGfzQwHqa" style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">Less: Par value of Class A ordinary shares issued</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(2</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40D_ecustom--NetChargeToAdditionalPaidincapitalAsResultOfBusinessCombinationReportedInStockholdersDeficit_iN_pn3n3_di_zVlaNUZ29Yr6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left; padding-bottom: 2.5pt">Net charge to Additional paid-in-capital as a result of the Business Combination reported in Shareholders’ equity (deficit)</td> <td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(38,492</td> <td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0in; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify; border-collapse: collapse"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><span id="xdx_F03_zjTSobWgSX9" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="text-align: justify"><span id="xdx_F1C_zoKjnXMHuJTi" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes liability pursuant to warrants and Forward Purchase Agreements. Refer Note 20 for details</span></td> </tr> </table> <p id="xdx_8AD_zw49Ocm20X4b" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As a result of the Business Combination, the Company’s Class A ordinary shares trades under the ticker symbol “AERT” and its public warrants (the “Public Warrants”) trade under the ticker symbol “AERTW” on the Nasdaq Stock Market. Prior to the consummation of the Business Combination, the Company’s Class A ordinary shares were traded on the Nasdaq Stock Market under the symbol “WWAC.”</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
21027801 shares
CY2024Q1 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
3697000 usd
CY2024Q1 aert Public Shareholders Redeemable Class Ordinary Shares Including Bonus Shares
PublicShareholdersRedeemableClassOrdinarySharesIncludingBonusShares
3157469 shares
CY2024Q1 aert Shares Held By Worldwide Webb Acquisition Sponsor Llc Sponsor And Other Initial Holders
SharesHeldByWorldwideWebbAcquisitionSponsorLlcSponsorAndOtherInitialHolders
2750000 shares
CY2024Q1 aert Shares Held By Innovo Consultancy Dmcc
SharesHeldByInnovoConsultancyDmcc
5638530 shares
CY2024Q1 aert Shares Held By Fpa Holders
SharesHeldByFpaHolders
3711667 shares
CY2024Q1 us-gaap Shares Issued
SharesIssued
15257666 shares
CY2024 aert Balance In Company Trust Account
BalanceInCompanyTrustAccount
40402000 usd
CY2024 aert Outflow On Account Of Redemption Payments
OutflowOnAccountOfRedemptionPayments
18795000 usd
CY2024 aert Prepayment For Recycle Share Under Forward Purchase Agreement
PrepaymentForRecycleShareUnderForwardPurchaseAgreement
3083000 usd
CY2024 aert Less Payments Under Nonredemption Agreements
LessPaymentsUnderNonredemptionAgreements
9672000 usd
CY2024 aert Payment To Continental Stock Transfer For Services Provided In Relation To Business Combination
PaymentToContinentalStockTransferForServicesProvidedInRelationToBusinessCombination
186000 usd
CY2024 aert Net Cash Acquired In Business Combination
NetCashAcquiredInBusinessCombination
8666000 usd
CY2024 aert Assumed Net Liabilities Of Ati On Closing Date
AssumedNetLiabilitiesOfAtiOnClosingDate
38994000 usd
CY2024 aert Precombination Transaction Costs
PrecombinationTransactionCosts
3697000 usd
CY2024 aert Transferred To Redeemable Nci On Consolidation
TransferredToRedeemableNciOnConsolidation
4465000 usd
CY2024 aert Less Par Value Of Class Ordinary Shares Issued
LessParValueOfClassOrdinarySharesIssued
2000 usd
CY2024 aert Net Charge To Additional Paidincapital As Result Of Business Combination Reported In Stockholders Deficit
NetChargeToAdditionalPaidincapitalAsResultOfBusinessCombinationReportedInStockholdersDeficit
38492000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1914000 usd
CY2024Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
2084000 usd
CY2024 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84D_eus-gaap--UseOfEstimates_zPA1zv7jY5cd" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_860_zRjCptQoBqfj">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of consolidated financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. Significant items subject to such estimates and assumptions include, but are not limited to, revenue recognition, allowance for credit losses, stock-based compensation, fair valuation of Forward Purchase Agreements (“FPAs”) put option liabilities and private warrant liabilities, useful lives of property and equipment, accounting for income taxes, determination of incremental borrowing rates used for operating lease liabilities and right-of-use assets, obligations related to employee benefits and carve-out of financial statements, including the allocation of assets, liabilities and expenses. Management believes that the estimates and judgments upon which it relies, are reasonable based upon information available to the Company at the time that these estimates and judgments were made. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024 aert Redemption Shares
RedemptionShares
288333 shares
CY2024Q1 aert Prepayment Amount
PrepaymentAmount
42760000 usd
CY2024 aert Underlying Consideration Amount
UnderlyingConsiderationAmount
39678000 usd
CY2024 us-gaap Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
<p id="xdx_84C_eus-gaap--DerivativesMethodsOfAccountingNonhedgingDerivatives_zWBCmtbuKaA" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_869_zA5E1ACQh173">Derivative Financial Instruments and FPA Put Option Liability</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company accounts for the Warrants (defined below) in accordance with the guidance contained in ASC 815-40 under which the Instruments (as defined below) do not meet the criteria for equity treatment and must be recorded as liabilities. The Company accounts for the FPA put option liability as a financial liability in accordance with the guidance in ASC 480-10. Warrants and FPA are collectively referred as the “Instruments”. The Instruments are subjected to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company’s consolidated statement of operations. See Note 18 for further discussion of the pertinent terms of the Warrants and Note 20 for further discussion of the methodology used to determine the value of the instruments.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In December 2023, the Company settled vendor balances amounting to $<span id="xdx_90E_ecustom--SettlementOfAccountsPayableThroughIssuanceOfSharesToVendors_pn3n3_c20231201__20231231_zpmKVHrEtxYd" title="Settlement of accounts payable through issuance of Class A ordinary shares to vendors">855</span> owed to certain vendors by issuing <span id="xdx_902_eus-gaap--SharesIssued_c20240331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pdd" title="Shares issued">361,338</span> Class A ordinary shares. If the VWAP of the Class A ordinary shares over the three trading days immediately preceding the agreement date is higher than the VWAP over the three trading days immediately preceding the six-month anniversary from the agreement date, additional Class A ordinary shares of ATI would need to be issued for the difference. This represents a derivative financial instrument written by the Company which has been accounted for in accordance with the guidance contained in ASC 815-40 including subsequent re-measurement at fair value with the changes being recognized in Company’s consolidated statement of operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value at inception and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative liabilities are classified in the consolidated balance sheets as current or noncurrent based on whether or not net-cash settlement or conversion of the instrument could be required within 12 months of the balance sheet date.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q4 aert Settlement Of Accounts Payable Through Issuance Of Shares To Vendors
SettlementOfAccountsPayableThroughIssuanceOfSharesToVendors
855000 usd
CY2024 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84B_eus-gaap--ConcentrationRiskCreditRisk_zyfobTNIQSed" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_861_zO058xzMNXve">Concentration of Credit Risk</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to credit risk consist primarily of cash and cash equivalents, accounts receivable, loans to affiliates, and investments. The Company holds cash at financial institutions that the Company believes are high credit quality financial institutions and limits the amount of credit exposure with any one bank and conducts ongoing evaluations of the creditworthiness of the banks with which it does business. As of March 31, 2024 and March 31, 2023, there were one and four customers, respectively, that represented 10% or greater of the Company’s accounts receivable balance. The Company expects limited credit risk arising from its long-term investments as these primarily entail investments in the Company’s affiliates that have a credit rating that is above the minimum allowable credit rating defined in the Company’s investment policy. As a part of its risk management process, the Company limits its credit risk with respect to long-term investments by performing periodic evaluations of the credit standing of counterparties to its investments.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In respect of the Company’s revenue, there were two and four customers that each accounted for more than <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_c20230401__20240331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--CustomerTwoMember_pdd" title="Concentration of credit risk, percentage"><span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_c20220401__20230331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--CustomerTwoMember_pdd" title="Concentration of credit risk, percentage"><span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_c20230401__20240331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--CustomerFourMember_pdd" title="Concentration of credit risk, percentage"><span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_c20220401__20230331__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--CustomerFourMember_pdd" title="Concentration of credit risk, percentage">10%</span></span></span></span> of total revenue for the year ended March 31, 2024 and 2023, respectively. The following table shows the amount of revenue derived from each customer exceeding <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_c20230401__20240331__srt--MajorCustomersAxis__custom--CustomerMember_pdd" title="Concentration of credit risk, percentage"><span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_c20220401__20230331__srt--MajorCustomersAxis__custom--CustomerMember_pdd" title="Concentration of credit risk, percentage">10%</span></span> of the Company’s revenue during the year ended March 31, 2024 and 2023:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" id="xdx_897_eus-gaap--ScheduleOfCededCreditRiskByReinsurerTextBlock_pn3n3_zw1jYAYwle46" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Summary of Significant Accounting Policies (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left"><span id="xdx_8B8_zp9zGQ65EzOf" style="display: none">Schedule of concentration of credit risk</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: bottom; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended<br/> March 31,</td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: bottom; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2023</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; width: 76%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Customer 1</span></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20230401__20240331__srt--MajorCustomersAxis__custom--CustomerOneMember_zgsQZE2AASLh" title="Concentration of credit risk, percentage">14</span></td> <td style="width: 1%; text-align: left">%</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20220401__20230331__srt--MajorCustomersAxis__custom--CustomerOneMember_z6x8tsjeV72f" title="Concentration of credit risk, percentage">16</span></td> <td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Customer 2</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20230401__20240331__srt--MajorCustomersAxis__custom--CustomerTwoMember_zbGEkYqNAVTj" title="Concentration of credit risk, percentage">12</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20220401__20230331__srt--MajorCustomersAxis__custom--CustomerTwoMember_z8sy7QbdcT96" title="Concentration of credit risk, percentage">16</span></td> <td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Customer 3</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">n/a</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20220401__20230331__srt--MajorCustomersAxis__custom--CustomerThreeMember_zzCdKsc5u2Ib" title="Concentration of credit risk, percentage">12</span></td> <td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Customer 4</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">n/a</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20220401__20230331__srt--MajorCustomersAxis__custom--CustomerFourMember_zcemjFlvS3c5" title="Concentration of credit risk, percentage">11</span></td> <td style="text-align: left">%</td></tr> </table> <p id="xdx_8A3_z4fBXyytJNoh" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1263000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2023Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
3697000 usd
CY2024Q1 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
0 usd
CY2023Q1 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
1921000 usd
CY2024Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
663000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
568000 usd
CY2024 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2024 aert Employee Benefit Plan
EmployeeBenefitPlan
796000 usd
CY2023 aert Employee Benefit Plan
EmployeeBenefitPlan
642000 usd
CY2024Q1 us-gaap Compensated Absences Liability
CompensatedAbsencesLiability
2537000 usd
CY2023Q1 us-gaap Compensated Absences Liability
CompensatedAbsencesLiability
1910000 usd
CY2024 aert Schedule Net Income Attributable To Noncontrolling Interest
ScheduleNetIncomeAttributableToNoncontrollingInterest
<table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--ScheduleNetIncomeAttributableToNoncontrollingInterest_pn3n3_zHvaaVQfYosa" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Restatement of Previously Issued Carve-out Consolidated Financial Statements (Details)"> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"><span id="xdx_8B4_zUXCEnwZb41b" style="display: none">Schedule of unaudited consolidated financial information</span></td><td style="text-align: center; font-weight: bold; vertical-align: bottom"> </td> <td colspan="2" id="xdx_49E_20230331__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_ziaNUbeuo8sj" style="vertical-align: bottom; font-weight: bold; text-align: center"> </td><td style="text-align: center; font-weight: bold; vertical-align: bottom"> </td><td style="text-align: center; vertical-align: bottom"> </td> <td colspan="2" id="xdx_49C_20230331__srt--RestatementAxis__srt--RestatementAdjustmentMember_zBURlEK7QMR3" style="vertical-align: bottom; text-align: center"> </td><td style="text-align: center; vertical-align: bottom"> </td><td style="text-align: center; font-weight: bold; vertical-align: bottom"> </td> <td colspan="2" id="xdx_498_20230331__srt--RestatementAxis__custom--AsAdjustedRestateementsNo1Member_z1wXVAPnF07d" style="vertical-align: bottom; font-weight: bold; text-align: center"> </td><td style="text-align: center; font-weight: bold; vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"> </td><td style="text-align: center; font-weight: bold; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; font-weight: bold; text-align: center">As Previously<br/> Reported</td><td style="text-align: center; font-weight: bold; vertical-align: bottom"> </td><td style="text-align: center; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; text-align: center"> </td><td style="text-align: center; vertical-align: bottom"> </td><td style="text-align: center; font-weight: bold; vertical-align: bottom"> </td> <td colspan="2" style="vertical-align: bottom; font-weight: bold; text-align: center">As Adjusted – Restatement no. 1</td><td style="text-align: center; font-weight: bold; vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31,<br/> 2023</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Restatement<br/> Adjustment</b></td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">March 31,<br/> 2023</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Carve-out Consolidated Balance Sheet</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AdditionalPaidInCapital_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 64%; text-align: left">Net stockholder’s investment and additional paid-in capital</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">7,311</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">(90</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">7,221</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--RetainedEarningsAccumulatedDeficit_iI_pn3n3_zc570RHhb0Hj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Retained earnings</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,454</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(136</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,318</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccumulatedOtherComprehensiveIncomeLossNetOfTax_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Accumulated other comprehensive loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,385</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,349</td><td style="text-align: left">)</td></tr> <tr id="xdx_404_eus-gaap--StockholdersEquity_iI_pn3n3_zcEACDXiea8e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Total Aark Singapore Pte. Ltd. stockholder’s equity</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">12,380</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">(190</td><td style="font-weight: bold; text-align: left">)</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">12,190</td><td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--MinorityInterest_iI_pn3n3_zV2jj8ScbtC2" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Noncontrolling interest</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,089</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">190</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,279</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_iI_pn3n3_zLc5bqVKOVWf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Total stockholder’s equity</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">13,469</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1114">-</span></td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">13,469</td><td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--LiabilitiesAndStockholdersEquity_iI_pn3n3_zDfTZu2CfLvb" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Total liabilities and stockholder’s equity</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">34,397</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1118">-</span></td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td style="font-weight: bold; text-align: right">34,397</td><td style="font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Carve-out Consolidated Statement of Operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Less: Net income attributable to noncontrolling interest</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eus-gaap--IncomeLossAttributableToNoncontrollingInterest_c20220401__20230331__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_pn3n3" style="text-align: right" title="Less: Net income attributable to noncontrolling interests">221</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--IncomeLossAttributableToNoncontrollingInterest_c20220401__20230331__srt--RestatementAxis__srt--RestatementAdjustmentMember_pn3n3" style="text-align: right" title="Less: Net income attributable to noncontrolling interests">39</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--IncomeLossAttributableToNoncontrollingInterest_pn3n3_c20220401__20230331__srt--RestatementAxis__custom--AsAdjustedRestateementsNo1Member_zf03MDlkPL5f" style="text-align: right" title="Less: Net income attributable to noncontrolling interests">260</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Net income attributable to Aark Singapore Pte. Ltd.</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td id="xdx_98F_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_pn3n3_c20220401__20230331__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zHAAas54VRrd" style="font-weight: bold; text-align: right">1,485</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td id="xdx_98F_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20220401__20230331__srt--RestatementAxis__srt--RestatementAdjustmentMember_pn3n3" style="font-weight: bold; text-align: right">(39</td><td style="font-weight: bold; text-align: left">)</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td id="xdx_981_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_pn3n3_c20220401__20230331__srt--RestatementAxis__custom--AsAdjustedRestateementsNo1Member_zKoWx2WMY9Sk" style="font-weight: bold; text-align: right">1,446</td><td style="font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Carve-out Consolidated Statement of Comprehensive Income</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Less: Comprehensive income attributable to noncontrolling interest</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_ecustom--ComprehensiveIncomeAttributableToNoncontrollingInterests_pn3n3_c20220401__20230331__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zOFxKfXlESO5" style="text-align: right" title="Comprehensive income attributable to noncontrolling interest">118</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_ecustom--ComprehensiveIncomeAttributableToNoncontrollingInterests_pn3n3_c20220401__20230331__srt--RestatementAxis__srt--RestatementAdjustmentMember_zwbc340b4zic" style="text-align: right" title="Comprehensive income attributable to noncontrolling interest">21</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_ecustom--ComprehensiveIncomeAttributableToNoncontrollingInterests_pn3n3_c20220401__20230331__srt--RestatementAxis__custom--AsAdjustedRestateementsNo1Member_z2YVkWRMvvoa" style="text-align: right" title="Comprehensive income attributable to noncontrolling interest">139</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Total comprehensive income attributable to Aark Singapore Pte. Ltd.</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td id="xdx_984_eus-gaap--ComprehensiveIncomeNetOfTax_pn3n3_c20220401__20230331__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zLMg1tau0Z08" style="font-weight: bold; text-align: right" title="Total comprehensive income attributable to Aark Singapore Pte. Ltd.">762</td><td style="font-weight: bold; text-align: left"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td id="xdx_987_eus-gaap--ComprehensiveIncomeNetOfTax_pn3n3_c20220401__20230331__srt--RestatementAxis__srt--RestatementAdjustmentMember_z1ga6zvgCnmf" style="font-weight: bold; text-align: right" title="Total comprehensive income attributable to Aark Singapore Pte. Ltd.">(21</td><td style="font-weight: bold; text-align: left">)</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left">$</td><td id="xdx_98E_eus-gaap--ComprehensiveIncomeNetOfTax_pn3n3_c20220401__20230331__srt--RestatementAxis__custom--AsAdjustedRestateementsNo1Member_zqifxC3qXbMg" style="font-weight: bold; text-align: right" title="Total comprehensive income attributable to Aark Singapore Pte. Ltd.">741</td><td style="font-weight: bold; text-align: left"> </td></tr> </table>
CY2024Q1 aert Advance Nonincome Taxes
AdvanceNonincomeTaxes
4179000 usd
CY2023Q1 aert Advance Nonincome Taxes
AdvanceNonincomeTaxes
3371000 usd
CY2024Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
878000 usd
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
405000 usd
CY2024Q1 aert Advance To Vendors
AdvanceToVendors
728000 usd
CY2023Q1 aert Advance To Vendors
AdvanceToVendors
119000 usd
CY2024Q1 us-gaap Security Deposit
SecurityDeposit
424000 usd
CY2023Q1 us-gaap Security Deposit
SecurityDeposit
29000 usd
CY2024Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
786000 usd
CY2023Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
193000 usd
CY2024Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6995000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4117000 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7758000 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6040000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4179000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2915000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3579000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3125000 usd
CY2024 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
12000 usd
CY2024 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-12000 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-54000 usd
CY2024 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1352000 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1172000 usd
CY2024Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
815000 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
955000 usd
CY2024Q1 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
797000 usd
CY2023Q1 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
609000 usd
CY2024Q1 aert Heldtomaturity Investments Net Carrying Amount
HeldtomaturityInvestmentsNetCarryingAmount
1612000 usd
CY2023Q1 aert Heldtomaturity Investments Net Carrying Amount
HeldtomaturityInvestmentsNetCarryingAmount
1564000 usd
CY2024Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
3584000 usd
CY2023Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
2257000 usd
CY2024Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
294000 usd
CY2023Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
308000 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4892000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1319000 usd
CY2024Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
261000 usd
CY2023Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
193000 usd
CY2024Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
257000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
124000 usd
CY2024Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
9288000 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4201000 usd
CY2024Q1 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
6778000 usd
CY2023Q1 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
1376000 usd
CY2024 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0080 pure
CY2023 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0120 pure
CY2024 aert Insurance For Its Directors
InsuranceForItsDirectors
After the Closing Date, ATI obtained an insurance policy for its directors and senior officers with maximum coverage of $5,000. The total premium payable in relation to this was $880 out of which $176 was paid upfront and balance $704 is payable in ten equal monthly instalments of $73. The arrangement represents a financing transaction where the premium payable has been deferred. The interest rate under the arrangement is 9.2 % per annum. The cumulative interest payable throughout the tenure under the arrangement amounts to $30 and the same would be recognized as part of the interest expense in the consolidated statement of operations. During the year ended March 31, 2024, the interest expense so recognized was $22. The balance premium payable as at March 31, 2024 is $432 and has been disclosed as a current liability since ATI has an unconditional obligation to settle it by September 2024.
CY2024Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
1440000 usd
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
969000 usd
CY2022Q4 aert Exchange Rate
ExchangeRate
137000 usd
CY2022Q4 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.1075 pure
CY2023Q4 us-gaap Debt Instrument Term
DebtInstrumentTerm
P48M
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
13000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
849000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
591000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
1453000 usd
CY2024Q1 aert Accrued Compensation And Related Benefits
AccruedCompensationAndRelatedBenefits
3777000 usd
CY2023Q1 aert Accrued Compensation And Related Benefits
AccruedCompensationAndRelatedBenefits
2764000 usd
CY2024Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
162000 usd
CY2023Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
235000 usd
CY2024Q1 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
9000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
9000 usd
CY2024Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3948000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3008000 usd
CY2024 us-gaap Revenues
Revenues
72509000 usd
CY2023 us-gaap Revenues
Revenues
53099000 usd
CY2024Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
255000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 usd
CY2024 us-gaap Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
193000 usd
CY2023 us-gaap Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
228000 usd
CY2024Q1 us-gaap Deferred Revenue
DeferredRevenue
261000 usd
CY2023Q1 us-gaap Deferred Revenue
DeferredRevenue
193000 usd
CY2024Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
0 usd
CY2023Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
0 usd
CY2023Q1 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets
1357000 usd
CY2022Q1 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets
908000 usd
CY2024 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
98000 usd
CY2023 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
52000 usd
CY2024 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
449000 usd
CY2023 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
338000 usd
CY2024 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
68000 usd
CY2023 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
218000 usd
CY2024 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
47000 usd
CY2023 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
78000 usd
CY2024 aert Effect Of Exchange Rate Fluctuation
EffectOfExchangeRateFluctuation
19000 usd
CY2023 aert Effect Of Exchange Rate Fluctuation
EffectOfExchangeRateFluctuation
81000 usd
CY2024Q1 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets
1906000 usd
CY2023Q1 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets
1357000 usd
CY2024 aert Recorded In Accrued Compensation And Related Benefits Current
RecordedInAccruedCompensationAndRelatedBenefitsCurrent
203000 usd
CY2023 aert Recorded In Accrued Compensation And Related Benefits Current
RecordedInAccruedCompensationAndRelatedBenefitsCurrent
120000 usd
CY2024 aert Recorded In Other Liabilities
RecordedInOtherLiabilities
1701000 usd
CY2023 aert Recorded In Other Liabilities
RecordedInOtherLiabilities
1237000 usd
CY2024 aert Total Project Benefit Obligation
TotalProjectBenefitObligation
-1904000 usd
CY2023 aert Total Project Benefit Obligation
TotalProjectBenefitObligation
-1357000 usd
CY2024 aert Accumulated Net Actuarial Loss
AccumulatedNetActuarialLoss
501000 usd
CY2023 aert Accumulated Net Actuarial Loss
AccumulatedNetActuarialLoss
516000 usd
CY2024 aert Accumulated Deferred Income Tax Expense Benefit
AccumulatedDeferredIncomeTaxExpenseBenefit
-126000 usd
CY2023 aert Accumulated Deferred Income Tax Expense Benefit
AccumulatedDeferredIncomeTaxExpenseBenefit
-129000 usd
CY2024 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
375000 usd
CY2023 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
387000 usd
CY2024 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
68000 usd
CY2023 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
218000 usd
CY2024 aert Amortization Of Net Actuarial Loss Gain
AmortizationOfNetActuarialLossGain
85000 usd
CY2023 aert Amortization Of Net Actuarial Loss Gain
AmortizationOfNetActuarialLossGain
62000 usd
CY2024 aert Deferred Tax Expense Benefit
DeferredTaxExpenseBenefit
5000 usd
CY2023 aert Deferred Tax Expense Benefit
DeferredTaxExpenseBenefit
-39000 usd
CY2024 aert Unrecognized Actuarial Loss Gain On Employee Benefit Plan Obligations
UnrecognizedActuarialLossGainOnEmployeeBenefitPlanObligations
-12000 usd
CY2023 aert Unrecognized Actuarial Loss Gain On Employee Benefit Plan Obligations
UnrecognizedActuarialLossGainOnEmployeeBenefitPlanObligations
117000 usd
CY2024 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
449000 usd
CY2023 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
338000 usd
CY2024 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
98000 usd
CY2023 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
52000 usd
CY2024 aert Defined Benefit Plan Amortization Losses
DefinedBenefitPlanAmortizationLosses
85000 usd
CY2023 aert Defined Benefit Plan Amortization Losses
DefinedBenefitPlanAmortizationLosses
62000 usd
CY2024 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
632000 usd
CY2023 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
452000 usd
CY2024Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0828 pure
CY2023Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0731 pure
CY2024Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.1000 pure
CY2023Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.1000 pure
CY2024Q1 aert Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Employee Turnover
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfEmployeeTurnover
0.2000 pure
CY2023Q1 aert Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Employee Turnover
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfEmployeeTurnover
0.2000 pure
CY2024Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
203000 usd
CY2024Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
278000 usd
CY2024Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
376000 usd
CY2024Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
524000 usd
CY2024Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
634000 usd
CY2024Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
3053000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
19127000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2766000 usd
CY2024 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2589000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1221000 usd
CY2024 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-718000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-161000 usd
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1871000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1060000 usd
CY2024 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
1871000 usd
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
1060000 usd
CY2024 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
4000 usd
CY2023 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
-39000 usd
CY2024 aert Income Tax Expense
IncomeTaxExpense
1875000 usd
CY2023 aert Income Tax Expense
IncomeTaxExpense
1021000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
19127000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2766000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
470000 usd
CY2024 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
383000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
241000 usd
CY2024 aert Income Tax Reconciliation Reversal Of Deferred Tax Asset Liability
IncomeTaxReconciliationReversalOfDeferredTaxAssetLiability
7000 usd
CY2023 aert Income Tax Reconciliation Reversal Of Deferred Tax Asset Liability
IncomeTaxReconciliationReversalOfDeferredTaxAssetLiability
36000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
36000 usd
CY2024 aert Income Tax Reconciliation Tax Of Earlier Year
IncomeTaxReconciliationTaxOfEarlierYear
221000 usd
CY2023 aert Income Tax Reconciliation Tax Of Earlier Year
IncomeTaxReconciliationTaxOfEarlierYear
9000 usd
CY2024 aert Income Tax Reconciliation True Up Down
IncomeTaxReconciliationTrueUpDown
78000 usd
CY2023 aert Income Tax Reconciliation True Up Down
IncomeTaxReconciliationTrueUpDown
89000 usd
CY2024 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
2000 usd
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-3000 usd
CY2024 aert Effective Income Tax Rate Reconciliation Nondeductible Expense Adjustments For Change In Rates Due To Different Tax Jurisdiction
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseAdjustmentsForChangeInRatesDueToDifferentTaxJurisdiction
1254000 usd
CY2023 aert Effective Income Tax Rate Reconciliation Nondeductible Expense Adjustments For Change In Rates Due To Different Tax Jurisdiction
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseAdjustmentsForChangeInRatesDueToDifferentTaxJurisdiction
223000 usd
CY2024 aert Effective Income Tax Rate Reconciliation Set Off Against Brought Forward Losses
EffectiveIncomeTaxRateReconciliationSetOffAgainstBroughtForwardLosses
-60000 usd
CY2023 aert Effective Income Tax Rate Reconciliation Set Off Against Brought Forward Losses
EffectiveIncomeTaxRateReconciliationSetOffAgainstBroughtForwardLosses
-60000 usd
CY2024 aert Income Tax Reconciliation Gilti Inclusion
IncomeTaxReconciliationGiltiInclusion
42000 usd
CY2023 aert Income Tax Reconciliation Gilti Inclusion
IncomeTaxReconciliationGiltiInclusion
27000 usd
CY2024 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-56000 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-8000 usd
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1871000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1060000 usd
CY2024 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0978 pure
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3833 pure
CY2024Q1 us-gaap Deferred Income Taxes And Other Assets Noncurrent
DeferredIncomeTaxesAndOtherAssetsNoncurrent
1933000 usd
CY2023Q1 us-gaap Deferred Income Taxes And Other Assets Noncurrent
DeferredIncomeTaxesAndOtherAssetsNoncurrent
1237000 usd
CY2024Q1 us-gaap Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
92000 usd
CY2023Q1 us-gaap Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
168000 usd
CY2024Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1841000 usd
CY2023Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1069000 usd
CY2024Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
40000 usd
CY2023Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
79000 usd
CY2024Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2023Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2020Q3 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
59900 shares
CY2023 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
59900 shares
CY2019Q3 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
295565 shares
CY2024 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P3Y6M
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.4080 pure
CY2024 aert Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumption Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionRiskFreeInterestRate
0.0301 pure
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000 pure
CY2024 aert Stock Based Compensation Expense
StockBasedCompensationExpense
1626000 usd
CY2023 aert Stock Based Compensation Expense
StockBasedCompensationExpense
3805000 usd
CY2024Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
0 usd
CY2023Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
0 usd
CY2024 aert Unrecognized Stockbased Compensation Cost
UnrecognizedStockbasedCompensationCost
0 usd
CY2023 aert Unrecognized Stockbased Compensation Cost
UnrecognizedStockbasedCompensationCost
1706000 usd
CY2024 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
398000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
386000 usd
CY2024 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
70000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
65000 usd
CY2024 us-gaap Operating Lease Cost
OperatingLeaseCost
2795000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
2273000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
8000 usd
CY2024 us-gaap Lease Cost
LeaseCost
3263000 usd
CY2023 us-gaap Lease Cost
LeaseCost
2732000 usd
CY2024 aert Operating Cash Flows From Operating Leases
OperatingCashFlowsFromOperatingLeases
2681000 usd
CY2023 aert Operating Cash Flows From Operating Leases
OperatingCashFlowsFromOperatingLeases
2162000 usd
CY2024 aert Operating Cash Flows From Finance Leases
OperatingCashFlowsFromFinanceLeases
70000 usd
CY2023 aert Operating Cash Flows From Finance Leases
OperatingCashFlowsFromFinanceLeases
65000 usd
CY2024 aert Financing Cash Flows From Finance Leases
FinancingCashFlowsFromFinanceLeases
391000 usd
CY2023 aert Financing Cash Flows From Finance Leases
FinancingCashFlowsFromFinanceLeases
390000 usd
CY2024Q1 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P3Y8M15D
CY2023Q1 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P3Y10M24D
CY2024Q1 us-gaap Lessee Finance Lease Remaining Lease Term
LesseeFinanceLeaseRemainingLeaseTerm
P1Y8M1D
CY2023Q1 us-gaap Lessee Finance Lease Remaining Lease Term
LesseeFinanceLeaseRemainingLeaseTerm
P1Y10M6D
CY2024Q1 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.1070 pure
CY2023Q1 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.1065 pure
CY2024Q1 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.1260 pure
CY2023Q1 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.1056 pure
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
9248000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
494000 usd
CY2024Q1 aert Gross Lease Liabilities
GrossLeaseLiabilities
9742000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1553000 usd
CY2024Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
38000 usd
CY2024Q1 aert Less Imputed Interest
LessImputedInterest
1591000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
7695000 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
456000 usd
CY2024Q1 aert Present Value Of Lease Liabilities
PresentValueOfLeaseLiabilities
8151000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2080000 usd
CY2024Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
294000 usd
CY2024Q1 aert Current Portion Of Lease Liabilities
CurrentPortionOfLeaseLiabilities
2374000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5615000 usd
CY2024Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
162000 usd
CY2024Q1 aert Longterm Lease Liabilities
LongtermLeaseLiabilities
5777000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2743000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
324000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2423000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
155000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1944000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
15000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1419000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
719000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
9248000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
494000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1553000 usd
CY2024Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
38000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
7695000 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
456000 usd
CY2024 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
200000 shares
CY2024Q1 aert Exchange Rate
ExchangeRate
2399000 usd
CY2023Q1 aert Exchange Rate
ExchangeRate
2433000 usd
CY2024 us-gaap Other Noncash Income
OtherNoncashIncome
2000 usd
CY2023 us-gaap Other Noncash Income
OtherNoncashIncome
12000 usd
CY2024 aert Initial Public Offering Description
InitialPublicOfferingDescription
the consummation of the Initial Public Offering (IPO), the Company issued 11,499,991 Public Warrants. Simultaneously with the closing of the IPO, WWAC issued 8,900,000 warrants in a private placement (the “Private Placement Warrants”), at a purchase price of $1.00 per Private Placement Warrant, which included 900,000 Units as a result of the underwriter’s full exercise of its option to purchase up to 900,000 additional warrants, at a purchase price of $1.00 per Private Placement Warrant. On November 6, 2023, WWAC issued 627,810 other Private Placement Warrants to the Sponsor pursuant to the conversion of a promissory note payable to the Sponsor. Upon consummation of the Business Combination, the Company assumed 11,499,991 Public Warrants and 9,527,810 Private Placement Warrants (collectively the “Warrants”).
CY2024Q1 aert Sale Price
SalePrice
18.00
CY2023Q1 aert Sale Price
SalePrice
18.00
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2024Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2024Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10 shares
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10000 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10000 shares
CY2024 us-gaap Stock Issued During Period Shares Stock Splits
StockIssuedDuringPeriodSharesStockSplits
10000 shares
CY2024 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<table cellpadding="0" cellspacing="0" id="xdx_892_eus-gaap--ScheduleOfRepurchaseAgreements_pn3n3_zJWMjNouhjN8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Fair Value Measurements (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8B3_zarBEbHkV9Q1" style="display: none">Schedule of purchase agreement</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended<br/> March 31,</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Weighted Average Fair Value</td> <td> </td> <td colspan="6" style="text-align: center"><span id="xdx_904_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageExpectedDividend_pn3n3_c20230401__20240331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zJXQRuBctm2" title="Weighted Average Fair Value">10,244</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; width: 76%">Expected Term (Years)</td> <td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td> <td style="text-align: right; width: 9%"><span id="xdx_902_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20230401__20240331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zSlnEFkfvWod" title="Expected Term (Years)">0.60</span></td> <td style="text-align: left; width: 1%"> </td> <td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td> <td style="text-align: right; width: 9%"><span id="xdx_902_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20220401__20230331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zOpR6W4kiwp1" title="Expected Term (Years)">0.60</span></td> <td style="text-align: left; width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Risk free Interest Rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_c20230401__20240331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zRELgLBgfXhg" title="Risk-free interest rate">5.10</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_c20220401__20230331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zPX8X4MMQKSb" title="Risk-free interest rate">5.10</span></td> <td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Volatility</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_pid_dp_c20230401__20240331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_ziopqMy6KgR9" title="Volatility">39.0</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_pid_dp_c20220401__20230331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zYLDJ6ZJy9pj" title="Volatility">39.0</span></td> <td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Reference Price for one share of Class A common stock</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_901_ecustom--ReferencePriceForOneShareOfClassCommonStock_c20230401__20240331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_pdd" title="Reference Price for one share of Class A common stock">10.69</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--ReferencePriceForOneShareOfClassCommonStock_c20220401__20230331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_pdd" title="Reference Price for one share of Class A common stock">2.21</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Probability (Weight) - No Dilutive Offering Reset / With Dilutive Offering Reset due to PIPE transaction*</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--ProbabilityWeightNoDilutiveOfferingResetWithDilutiveOfferingResetDueToPipeTransaction_pid_dp_c20230401__20240331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_fKk5vdGU6_z5v1BXf1P7p4" title="Probability (Weight) - No Dilutive Offering Reset / With Dilutive Offering Reset due to PIPE transaction">5</span></td> <td style="text-align: left">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--ProbabilityWeightNoDilutiveOfferingResetWithDilutiveOfferingResetDueToPipeTransaction_pid_dp_c20220401__20230331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_fKk5vdGU6_z7x4Y0Aq1nt6" title="Probability (Weight) - No Dilutive Offering Reset / With Dilutive Offering Reset due to PIPE transaction">95</span></td> <td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Fair Value of Forward Purchase Agreement Put Option Liability [in thousands]</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_90F_ecustom--FairValueOfForwardPurchaseAgreementPutOptionLiability_pn3n3_c20230401__20240331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_zA9G4NcbMeAa" title="Fair Value of Forward Purchase Agreement Put Option Liability">40,880</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--FairValueOfForwardPurchaseAgreementPutOptionLiability_pn3n3_c20220401__20230331__us-gaap--ClassOfWarrantOrRightAxis__custom--ForwardPurchaseAgreementPutOptionLiabilityMember_z3IVcDNdpg0c" title="Fair Value of Forward Purchase Agreement Put Option Liability">8,631</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Stock price at measurement date</td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right"><span id="xdx_904_ecustom--StockPriceAtMeasurementsDate_pip0_c20230401__20240331_zdt1jUc9doP8" title="Stock price at measurement date">2.6</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--StockPriceAtMeasurementsDate_pip0_c20220401__20230331_zsHhhAXqFGn4" title="Stock price at measurement date">2.6</span></td> <td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0in; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify; border-collapse: collapse"> <td id="xdx_F0F_zesi0VmZ6yz7" style="width: 0.5in; text-align: left">*Note:</td> <td id="xdx_F17_zbTtmNVYAV41" style="text-align: justify">The private placement announced and completed on April 8, 2024 (estimated probability of 95% as of March 31, 2024). Quoted share price of common stock of the Company when PIPE (Private Investment in Public Entity) transaction took place was $2.21 approx.</td> </tr> </table>
CY2024 aert Stock Price At Measurements Date
StockPriceAtMeasurementsDate
2.6
CY2023 aert Stock Price At Measurements Date
StockPriceAtMeasurementsDate
2.6
CY2024 aert Warrants And Forward Purchase Agreement Put Option Liability Acquired As Part Of Business Combination
WarrantsAndForwardPurchaseAgreementPutOptionLiabilityAcquiredAsPartOfBusinessCombination
27778000 usd
CY2024 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-16167000 usd
CY2024Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
11611000 usd
CY2024 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
14154000 usd
CY2024 aert Weighted Average Shares Outstanding Of Class Ordinary Shares Basic And Diluted
WeightedAverageSharesOutstandingOfClassOrdinarySharesBasicAndDiluted
15532382 shares
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91

Files In Submission

Name View Source Status
0001829126-24-006527-index-headers.html Edgar Link pending
0001829126-24-006527-index.html Edgar Link pending
0001829126-24-006527.txt Edgar Link pending
0001829126-24-006527-xbrl.zip Edgar Link pending
aeriestech_10k.htm Edgar Link pending
aeriestech_ex10-17.htm Edgar Link pending
aeriestech_ex10-19.htm Edgar Link pending
aeriestech_ex10-21.htm Edgar Link pending
aeriestech_10k_htm.xml Edgar Link completed
aeriestech_ex10-23.htm Edgar Link pending
aeriestech_ex10-25.htm Edgar Link pending
aeriestech_ex10-27.htm Edgar Link pending
aeriestech_ex10-45.htm Edgar Link pending
aeriestech_ex10-46.htm Edgar Link pending
aeriestech_ex10-47.htm Edgar Link pending
aeriestech_ex10-48.htm Edgar Link pending
aeriestech_ex21-1.htm Edgar Link pending
aeriestech_ex23-1.htm Edgar Link pending
aeriestech_ex31-1.htm Edgar Link pending
aeriestech_ex31-2.htm Edgar Link pending
aeriestech_ex32-1.htm Edgar Link pending
aeriestech_ex32-2.htm Edgar Link pending
aeriestech_ex4-4.htm Edgar Link pending
aeriestech_ex97-1.htm Edgar Link pending
aert-20240331.xsd Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R111.htm Edgar Link pending
R12.htm Edgar Link pending
aert-20240331_cal.xml Edgar Link unprocessable
aert-20240331_def.xml Edgar Link unprocessable
aert-20240331_pre.xml Edgar Link unprocessable
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
aert-20240331_lab.xml Edgar Link unprocessable