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Aeries Technology, Inc. filed a Form 10-Q with the U.S. Securities and Exchange Commission on November 12, 2026, covering the quarterly period ended September 30, 2026.

Key Highlights

  • Cash position: Cash and cash equivalents stood at $3,836 thousand as of September 30, 2026, down from $4,878 thousand as of March 31, 2026, according to the filing.
  • Accounts receivable: Net accounts receivable were $11,173 thousand as of September 30, 2026, net of an allowance of $1,630 thousand, compared to $12,719 thousand at March 31, 2026.
  • Total current assets: The company reported total current assets of $21,625 thousand as of September 30, 2026, versus $23,892 thousand at March 31, 2026.
  • Shares outstanding: As of November 12, 2026, there were 5,528,968 Class A ordinary shares and 1 Class V ordinary share issued and outstanding.
  • Going concern: The filing lists "our ability to continue as a going concern" among the factors that could cause actual results to differ materially from forward-looking statements.
  • Filer status: The company is classified as a non-accelerated filer, smaller reporting company, and emerging growth company.

Aeries Technology Reports Declining Current Assets in September 2026 Quarter

Aeries Technology, Inc. (NASDAQ:AERT), incorporated in the Cayman Islands with principal executive offices in Singapore, submitted its quarterly report for the period ended September 30, 2026. The filing covers the second fiscal quarter of the company's fiscal year, which runs through March 31. The company's Class A ordinary shares and redeemable warrants (trading symbol AERTW) are both listed on the Nasdaq Stock Market, according to the cover page of the filing.

According to the condensed consolidated balance sheets included in the filing, cash and cash equivalents declined to $3,836 thousand as of September 30, 2026, from $4,878 thousand as of March 31, 2026. Net accounts receivable also decreased to $11,173 thousand from $12,719 thousand over the same period, with the allowance for doubtful accounts rising to $1,630 thousand from $1,335 thousand. Total current assets fell to $21,625 thousand from $23,892 thousand. Property and equipment, net, was reported at $1,807 thousand as of September 30, 2026, compared to $1,750 thousand at March 31, 2026. Prepaid expenses and other current assets, net of allowance, were $6,491 thousand, up from $6,170 thousand at the prior fiscal year-end.

The filing notes that forward-looking statements contained in the report are subject to a range of risks and uncertainties, including, as the company disclosed, "our ability to continue as a going concern," compliance with Nasdaq listing standards, and risks related to cybersecurity, generative artificial intelligence, and geopolitical instability. The company stated it undertakes no obligation to update forward-looking statements except as required by applicable law. Each whole redeemable warrant is described in the filing as exercisable in multiples of eight to purchase one Class A ordinary share for $92.00 per share.

What Was Disclosed

Aeries Technology filed its Form 10-Q for the quarter ended September 30, 2026, disclosing a condensed consolidated balance sheet showing reduced cash, accounts receivable, and total current assets compared to March 31, 2026, along with 5,528,968 Class A ordinary shares outstanding as of November 12, 2026.