EQUITY METHOD INVESTMENTS (Tables)

12 Months Ended

Mar. 31, 2023

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Equity Method Investments

Summarized audited financial information for the Company's equity method investees for the twelve months ended December 31, 2022 and December 31, 2021 are as follows (in thousands):

	Twelve Months Ended December 31, 2022		Twelve Months Ended December 31, 2021
Revenue	$	146,399	$	115,051
Gross Profit	20,668		5,642
Operating income (loss)	16,631		(9,627)
Net income (loss)	14,256		(7,473)
Net income (loss) attributable to Air T, Inc. stockholders	$	2,473	$	(815)