KORE (KORE) POS AM 8 Jun 23 Prospectus update (post-effective amendment) Financial data

Cover Page

Cover Page	3 Months Ended
	Mar. 31, 2023
Cover [Abstract]
Entity Registrant Name	KORE Group Holdings, Inc.
Entity Filer Category	Accelerated Filer
Amendment Description	On October 4, 2022, KORE Group Holdings, Inc. (“KORE” or the “Company”) filed a registration statement with the Securities and Exchange Commission (the “SEC”) on Form S-3 (File No. 333-267735) (the “Registration Statement”). The Registration Statement, as amended, was initially declared effective by the SEC on October 13, 2022, and registered 31,123,254 shares of common stock, par value $0.0001 per share (the “common stock”) of KORE, issued in connection with the Business Combination (as defined herein) for resale by certain of the selling securityholders named in the Registration Statement.On April 7, 2023, the Company filed its annual report on Form 10-K for the fiscal year ended December 31, 2022 and simultaneously lost S-3 eligibility. This Post-Effective Amendment No. 1 to Form S-3 on Form S-1 (“Post Effective Amendment No. 1”) is being filed by the Company to convert the Registration Statement into a registration statement on Form S-1.The information included in this filing amends the Registration Statement and the prospectus contained therein. No additional securities are being registered under this Post-Effective Amendment No. 1 to the Registration Statement. All applicable registration fees were paid at the time of the original filing of the Registration Statement.
Document Type	POS AM
Amendment Flag	true
Entity Central Index Key	0001855457

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Current assets
Cash	$ 30,600	$ 34,645	$ 42,925	$ 40,441	$ 31,914	$ 85,976	$ 72,689	$ 8,300	$ 13,134
Accounts receivable, net	48,055	44,538	41,712	51,044	57,439	51,615	52,895	47,841	42,358
Inventories, net	8,774	10,051	8,272	9,897	11,789	15,470	12,147	9,864	6,627
Income taxes receivable	424	502	1,532	901	1,225	934	704	724	327
Prepaid expenses and other current assets	12,625	13,484	12,930	8,703	7,274	7,363	14,960	14,726	9,908
Total current assets	100,478	103,220	107,371	110,986	109,641	161,358	153,395	81,455	72,354
Non-current assets
Restricted cash	361	362	358	363	370	367	367	371	372
Property and equipment, net	12,137	11,899	12,141	11,890	12,167	12,240	12,630	12,606	13,338
Intangibles assets, net	183,252	192,504	200,398	210,946	221,856	202,550	211,688	221,024	228,939
Goodwill (excess of consideration transferred over net identifiable assets acquired)	369,870	369,706	427,057	427,579	428,153	383,415	383,643	383,880	383,736	$ 384,202
Operating lease right-of-use assets	9,501	10,019	10,430	8,110	8,565
Deferred tax assets	54	55	565			0
Other long-term assets	876	971	653	381	401	407	458	3,531	2,595
Total assets	676,529	688,736	758,973	770,255	781,153	760,337	762,295	702,986	701,456
Current liabilities
Accounts payable	23,264	17,835	18,201	19,288	19,901	16,004	20,522	23,181	19,515
Accrued liabilities	15,850	15,793	14,590	15,660	11,676	22,353
Current portion of operating lease liabilities	1,649	1,811	1,872	1,976	1,643
Income taxes payable	1,212	207	0	0	554	467	596	640	710
Deferred revenue	7,732	7,817	7,012	7,014	7,020	6,889	6,797	7,074	7,634
Current portion of long-term debt and other borrowings, net	5,370	5,345	5,319	3,165	3,206	3,326	3,153	3,153	3,153
Total current liabilities	55,077	48,808	46,994	47,103	44,000	49,039	59,101	70,066	61,279
Non-current liabilities
Deferred tax liabilities	23,272	25,248	33,454	35,034	38,196	37,925	36,378	40,462	42,375
Warrant liability	30	33	33	153	259	286	273	13,561	13,520
Non-current portion of operating lease liabilities	8,961	9,275	9,501	6,852	7,430
Long-term debt and other borrowings, net	413,090	413,910	414,683	413,788	414,026	399,115	378,356	297,773	298,010
Other long-term liabilities	11,404	10,790				6,450
Total liabilities	511,834	508,064	513,250	511,059	511,295	492,815	482,733	430,944	423,945
Stockholders’ equity
Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 76,292,241 and 72,027,743 shares issued and outstanding at December 31, 2022 and December 31, 2021	8	8	8	8	8	7	7	3	3
Additional paid-in capital	437,677	435,292	432,566	429,547	427,046	413,315	412,985	121,321	128,538
Accumulated other comprehensive loss	(6,262)	(6,390)	(8,174)	(5,959)	(3,586)	(3,463)	(3,295)	(2,040)	(2,458)
Accumulated deficit	(266,728)	(248,238)	(178,677)	(164,400)	(153,610)	(142,337)	(130,135)	(125,762)	(119,560)
Total stockholders’ equity	164,695	180,672	245,723	259,196	269,858	267,522	279,562	(6,478)	6,523	$ 16,496
Total liabilities and stockholders’ equity	$ 676,529	$ 688,736	$ 758,973	$ 770,255	$ 781,153	$ 760,337	$ 762,295	$ 702,986	$ 701,456

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2021
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	315,000,000	315,000,000	315,000,000
Common stock, shares issued (in shares)	76,552,595	76,292,241	72,027,743
Common stock, shares outstanding (in shares)	76,552,595	76,292,241	72,027,743	71,810,419

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Revenue
Total revenue	$ 65,975	$ 66,137	$ 70,921	$ 68,978	$ 67,933	$ 60,798	$ 55,352	$ 139,899	$ 116,150	$ 206,036	$ 184,084	$ 268,447	$ 248,435
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	30,317	31,541	33,628	35,273	34,955	29,135	23,869	68,900	53,004	100,441	87,961	129,154	121,360
Operating expenses
Selling, general and administrative	30,200	28,904	29,407	27,717	26,114	21,741	19,010	57,125	40,751	86,029	66,864	112,220	92,303
Depreciation and amortization	14,125	13,688	13,753	13,175	12,419	12,372	13,093	26,928	25,465	40,616	37,884	54,499	50,331
Total operating expenses	44,325	42,592	43,160	40,892	38,533	34,113	32,103	84,053	66,216	126,645	104,748	224,793	142,634
Operating loss	(8,667)	(7,996)	(5,867)	(7,187)	(5,555)	(2,450)	(620)	(13,054)	(3,070)	(21,050)	(8,625)	(85,500)	(15,559)
Interest expense, including amortization of deferred financing costs, net	10,195	8,206	7,297	6,624	5,589	5,506	5,059	13,921	10,565	22,127	16,155	31,371	23,260
Change in fair value of warrant liability	(3)	(120)	(106)	(27)	(2,898)	41	(2,424)	(133)	(2,383)	(253)	(5,281)	(254)	(5,267)
Loss before income taxes	(18,859)	(16,082)	(13,058)	(13,784)	(8,246)	(7,997)	(3,255)	(26,842)	(11,252)	(42,924)	(19,499)	(116,617)	(33,552)
Income tax expense	(369)	(1,805)	(2,268)	(2,212)	(3,873)	(1,795)	(1,256)	(4,480)	(3,051)	(6,285)	(6,925)	(10,417)	(8,776)
Net loss	$ (18,490)	$ (14,277)	$ (10,790)	$ (11,572)	$ (4,373)	$ (6,202)	$ (1,999)	$ (22,362)	$ (8,201)	$ (36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Loss per share:
Basic (in dollars per share)	$ (0.24)	$ (0.19)	$ (0.14)	$ (0.16)	$ (0.26)	$ (0.43)	$ (0.30)	$ (0.30)	$ (0.73)	$ (0.48)	$ (0.98)	$ (1.40)	$ (1.04)
Diluted (in dollars per share)	$ (0.24)	$ (0.19)	$ (0.14)	$ (0.16)	$ (0.26)	$ (0.43)	$ (0.30)	$ (0.30)	$ (0.73)	$ (0.48)	$ (0.98)	$ (1.40)	$ (1.04)
Weighted average shares outstanding (in Number):
Basic (in shares)	76,524,735	76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313	75,710,904	41,933,050
Diluted (in shares)	76,524,735	76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313	75,710,904	41,933,050
Services
Revenue
Total revenue	$ 47,550	$ 46,448	$ 47,805	$ 47,543	$ 48,483	$ 46,430	$ 45,117	$ 95,348	$ 91,547	$ 141,796	$ 140,031	$ 188,985	$ 188,180
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	16,543	16,581	16,610	17,550	17,370	17,624	15,943	34,159	33,567	50,740	50,938	67,268	69,385
Products
Revenue
Total revenue	18,425	19,689	23,116	21,435	19,450	14,368	10,235	44,551	24,603	64,240	44,053	79,462	60,255
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	$ 13,774	$ 14,960	$ 17,018	$ 17,723	$ 17,585	$ 11,511	$ 7,926	$ 34,741	$ 19,437	$ 49,701	$ 37,023	$ 61,886	$ 51,975

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net loss	$ (18,490)	$ (14,277)	$ (10,790)	$ (11,572)	$ (4,373)	$ (6,202)	$ (1,999)	$ (22,362)	$ (8,201)	$ (36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Other comprehensive loss:
Foreign currency translation adjustment	128	(2,215)	(2,373)	(123)	(1,255)	418	(896)	(2,496)	(478)	(4,711)	(1,733)	(2,927)	(1,901)
Comprehensive loss	$ (18,362)	$ (16,492)	$ (13,163)	$ (11,695)	$ (5,628)	$ (5,784)	$ (2,895)	$ (24,858)	$ (8,679)	$ (41,350)	$ (14,307)	$ (109,127)	$ (26,677)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjusted Balance	Common Stock	Common Stock Cumulative Effect, Period of Adoption, Adjusted Balance	Additional paid-in capital	Additional paid-in capital Cumulative Effect, Period of Adoption, Adjusted Balance	Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss Cumulative Effect, Period of Adoption, Adjusted Balance	Accumulated Deficit	Accumulated Deficit Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance of common stock (in shares) at Dec. 31, 2020			30,281,520
Beginning balance of stockholders' equity at Dec. 31, 2020	$ 16,496		$ 3		$ 135,616		$ (1,562)		$ (117,561)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(896)						(896)
Share-based compensation	315				315
Net loss	(1,999)								(1,999)
Ending balance of common stock (in shares) at Mar. 31, 2021			30,281,520
Ending balance of stockholders' equity at Mar. 31, 2021	6,523		$ 3		128,538		(2,458)		(119,560)
Beginning balance of common stock (in shares) at Dec. 31, 2020			30,281,520
Beginning balance of stockholders' equity at Dec. 31, 2020	16,496		$ 3		135,616		(1,562)		(117,561)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(478)
Net loss	(8,201)
Ending balance of common stock (in shares) at Jun. 30, 2021			30,281,520
Ending balance of stockholders' equity at Jun. 30, 2021	(6,478)		$ 3		121,321		(2,040)		(125,762)
Beginning balance of common stock (in shares) at Dec. 31, 2020			30,281,520
Beginning balance of stockholders' equity at Dec. 31, 2020	16,496		$ 3		135,616		(1,562)		(117,561)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(1,733)
Net loss	$ (12,574)
Ending balance of common stock (in shares) at Sep. 30, 2021	71,810,419		71,827,317
Ending balance of stockholders' equity at Sep. 30, 2021	$ 279,562		$ 7		412,985		(3,295)		(130,135)
Beginning balance of common stock (in shares) at Dec. 31, 2020			30,281,520
Beginning balance of stockholders' equity at Dec. 31, 2020	16,496		$ 3		135,616		(1,562)		(117,561)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(1,901)						(1,901)
Share-based compensation	(1,856)				(1,856)
Net loss	$ (24,776)								(24,776)
Ending balance of common stock (in shares) at Dec. 31, 2021	72,027,743		72,027,743	72,027,743
Ending balance of stockholders' equity at Dec. 31, 2021	$ 267,522	$ 256,208	$ 7	$ 7	413,315	$ 401,702	(3,463)	$ (3,463)	(142,337)	$ (142,038)
Beginning balance of common stock (in shares) at Mar. 31, 2021			30,281,520
Beginning balance of stockholders' equity at Mar. 31, 2021	6,523		$ 3		128,538		(2,458)		(119,560)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	418						418
Share-based compensation	315				315
Net loss	(6,202)								(6,202)
Ending balance of common stock (in shares) at Jun. 30, 2021			30,281,520
Ending balance of stockholders' equity at Jun. 30, 2021	(6,478)		$ 3		121,321		(2,040)		(125,762)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(1,255)						(1,255)
Share-based compensation	(3,519)				(3,519)
Net loss	$ (4,373)								(4,373)
Ending balance of common stock (in shares) at Sep. 30, 2021	71,810,419		71,827,317
Ending balance of stockholders' equity at Sep. 30, 2021	$ 279,562		$ 7		412,985		(3,295)		(130,135)
Beginning balance of common stock (in shares) at Dec. 31, 2021	72,027,743		72,027,743	72,027,743
Beginning balance of stockholders' equity at Dec. 31, 2021	$ 267,522	256,208	$ 7	$ 7	413,315	401,702	(3,463)	(3,463)	(142,337)	(142,038)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(123)						(123)
Share-based compensation	2,050				2,050
Common stock issued pursuant to acquisition (in shares)			4,212,246
Common stock issued pursuant to acquisition	23,295		$ 1		23,294
Net loss	(11,572)								(11,572)
Ending balance of common stock (in shares) at Mar. 31, 2022			76,239,989
Ending balance of stockholders' equity at Mar. 31, 2022	$ 269,858		$ 8		427,046		(3,586)		(153,610)
Beginning balance of common stock (in shares) at Dec. 31, 2021	72,027,743		72,027,743	72,027,743
Beginning balance of stockholders' equity at Dec. 31, 2021	$ 267,522	256,208	$ 7	$ 7	413,315	401,702	(3,463)	(3,463)	(142,337)	(142,038)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(2,496)
Net loss	(22,362)
Ending balance of common stock (in shares) at Jun. 30, 2022			76,239,989
Ending balance of stockholders' equity at Jun. 30, 2022	$ 259,196		$ 8		429,547		(5,959)		(164,400)
Beginning balance of common stock (in shares) at Dec. 31, 2021	72,027,743		72,027,743	72,027,743
Beginning balance of stockholders' equity at Dec. 31, 2021	$ 267,522	256,208	$ 7	$ 7	413,315	401,702	(3,463)	(3,463)	(142,337)	(142,038)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(4,711)
Net loss	(36,639)
Ending balance of common stock (in shares) at Sep. 30, 2022			76,292,241
Ending balance of stockholders' equity at Sep. 30, 2022	$ 245,723		$ 8		432,566		(8,174)		(178,677)
Beginning balance of common stock (in shares) at Dec. 31, 2021	72,027,743		72,027,743	72,027,743
Beginning balance of stockholders' equity at Dec. 31, 2021	$ 267,522	$ 256,208	$ 7	$ 7	413,315	$ 401,702	(3,463)	$ (3,463)	(142,337)	$ (142,038)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(2,927)						(2,927)
Share-based compensation	10,296				10,296
Common stock issued pursuant to acquisition (in shares)			4,212,246
Common stock issued pursuant to acquisition	23,295		$ 1		23,294
Net loss	$ (106,200)								(106,200)
Ending balance of common stock (in shares) at Dec. 31, 2022	76,292,241		76,292,241
Ending balance of stockholders' equity at Dec. 31, 2022	$ 180,672		$ 8		435,292		(6,390)		(248,238)
Beginning balance of common stock (in shares) at Mar. 31, 2022			76,239,989
Beginning balance of stockholders' equity at Mar. 31, 2022	269,858		$ 8		427,046		(3,586)		(153,610)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(2,373)						(2,373)
Share-based compensation	2,501				2,501
Net loss	(10,790)								(10,790)
Ending balance of common stock (in shares) at Jun. 30, 2022			76,239,989
Ending balance of stockholders' equity at Jun. 30, 2022	259,196		$ 8		429,547		(5,959)		(164,400)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(2,215)						(2,215)
Share-based compensation	3,019				3,019
Net loss	(14,277)								(14,277)
Ending balance of common stock (in shares) at Sep. 30, 2022			76,292,241
Ending balance of stockholders' equity at Sep. 30, 2022	$ 245,723		$ 8		432,566		(8,174)		(178,677)
Beginning balance of common stock (in shares) at Dec. 31, 2022	76,292,241		76,292,241
Beginning balance of stockholders' equity at Dec. 31, 2022	$ 180,672		$ 8		435,292		(6,390)		(248,238)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	128						128
Share-based compensation	2,570				2,570
Vesting of restricted stock units (in shares)			395,067
Shares withheld related to net share settlement (in shares)			(134,713)
Shares withheld related to net share settlement	(185)				(185)
Net loss	$ (18,490)								(18,490)
Ending balance of common stock (in shares) at Mar. 31, 2023	76,552,595		76,552,595
Ending balance of stockholders' equity at Mar. 31, 2023	$ 164,695		$ 8		$ 437,677		$ (6,262)		$ (266,728)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows provided by (used in) operating activities
Net loss	$ (18,490)	$ (11,572)
Adjustments to reconcile net loss to net cash provided (used in) by operating activities
Depreciation and amortization	14,125	13,175
Amortization of deferred financing costs	625	587
Non-cash reduction to the operating lease right-of-use assets	539	587
Deferred income taxes	(1,994)	(3,296)
Non-cash foreign currency loss	(395)	(3)
Stock-based compensation	2,570	2,050
Provision for doubtful accounts	(129)	55
Change in fair value of warrant liability	(3)	(27)
Change in operating assets and liabilities, net of operating assets and liabilities acquired:
Accounts receivable	(3,227)	(2,635)
Inventories	1,302	4,994
Prepaid expenses and other current assets	926	1,591
Accounts payable and accrued liabilities	5,589	(8,511)
Deferred revenue	(108)	132
Income taxes payable	1,079	(213)
Operating lease liabilities	(496)	(894)
Cash provided by (used in) operating activities	1,912	(3,980)
Cash flows (used in) provided by investing activities
Additions to intangible assets	(3,814)	(2,790)
Additions to property and equipment	(1,025)	(635)
Payments for acquisitions, net of cash acquired	0	(45,078)
Cash flows (used in) provided by investing activities	(4,839)	(48,503)
Cash flows (used in) provided by financing activities
Repayment of term loan	(788)	(788)
Repayment of other borrowings - notes payable	(536)	(118)
Equity financing fees	0	(126)
Payment of deferred financing costs	0
Payment of financing lease obligations	0	(66)
Cash (used in) provided by financing activities	(1,324)	(1,550)
Effect of exchange rate change on cash	202	(26)
Change in Cash and Restricted cash	(4,049)	(54,059)
Cash and Restricted Cash, beginning of period	35,007	86,343
Cash and Restricted Cash, end of period	30,961	32,284
Supplemental cash flow information:
Interest paid	11,357	7,717
Taxes paid (net of refunds)	45	317
Non-cash investing and financing activities:
Fair value of KORE common stock issued pursuant to acquisition	0	23,295
ASU 2020-06 Adoption	0	15,163
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities upon the adoption of ASC 842	0	9,604
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities	$ 0	420
Cumulative Effect, Period of Adoption, Adjusted Balance
Cash flows (used in) provided by financing activities
Payment of deferred financing costs		$ (452)

Consolidated Balance Sheets_2

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Current assets
Cash	$ 30,600	$ 34,645	$ 42,925	$ 40,441	$ 31,914	$ 85,976	$ 72,689	$ 8,300	$ 13,134
Accounts receivable, net	48,055	44,538	41,712	51,044	57,439	51,615	52,895	47,841	42,358
Inventories, net	8,774	10,051	8,272	9,897	11,789	15,470	12,147	9,864	6,627
Income taxes receivable	424	502	1,532	901	1,225	934	704	724	327
Prepaid expenses and other current assets	12,625	13,484	12,930	8,703	7,274	7,363	14,960	14,726	9,908
Total current assets	100,478	103,220	107,371	110,986	109,641	161,358	153,395	81,455	72,354
Non-current assets
Restricted cash	361	362	358	363	370	367	367	371	372
Property and equipment, net	12,137	11,899	12,141	11,890	12,167	12,240	12,630	12,606	13,338
Intangibles assets, net	183,252	192,504	200,398	210,946	221,856	202,550	211,688	221,024	228,939
Goodwill	369,870	369,706	427,057	427,579	428,153	383,415	383,643	383,880	383,736	$ 384,202
Operating lease right-of-use assets	9,501	10,019	10,430	8,110	8,565
Deferred tax assets	54	55	565			0
Other long-term assets	876	971	653	381	401	407	458	3,531	2,595
Total assets	676,529	688,736	758,973	770,255	781,153	760,337	762,295	702,986	701,456
Current liabilities
Accounts payable	23,264	17,835	18,201	19,288	19,901	16,004	20,522	23,181	19,515
Accrued liabilities	15,850	15,793	14,590	15,660	11,676	22,353
Income taxes payable	1,212	207	0	0	554	467	596	640	710
Current portion of operating lease liabilities	1,649	1,811	1,872	1,976	1,643
Deferred revenue	7,732	7,817	7,012	7,014	7,020	6,889	6,797	7,074	7,634
Current portion of long-term debt and other borrowings, net	5,370	5,345	5,319	3,165	3,206	3,326	3,153	3,153	3,153
Total current liabilities	55,077	48,808	46,994	47,103	44,000	49,039	59,101	70,066	61,279
Non-current liabilities
Deferred tax liabilities	23,272	25,248	33,454	35,034	38,196	37,925	36,378	40,462	42,375
Warrant liability	30	33	33	153	259	286	273	13,561	13,520
Long-term debt and other borrowings, net	413,090	413,910	414,683	413,788	414,026	399,115	378,356	297,773	298,010
Non-current portion of operating lease liabilities	8,961	9,275	9,501	6,852	7,430
Other long-term liabilities	11,404	10,790				6,450
Total liabilities	511,834	508,064	513,250	511,059	511,295	492,815	482,733	430,944	423,945
Stockholders’ equity
Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 76,292,241 and 72,027,743 shares issued and outstanding at December 31, 2022 and December 31, 2021	8	8	8	8	8	7	7	3	3
Additional paid-in capital	437,677	435,292	432,566	429,547	427,046	413,315	412,985	121,321	128,538
Accumulated other comprehensive loss	(6,262)	(6,390)	(8,174)	(5,959)	(3,586)	(3,463)	(3,295)	(2,040)	(2,458)
Accumulated deficit	(266,728)	(248,238)	(178,677)	(164,400)	(153,610)	(142,337)	(130,135)	(125,762)	(119,560)
Total stockholders’ equity	164,695	180,672	245,723	259,196	269,858	267,522	279,562	(6,478)	6,523	$ 16,496
Total liabilities and stockholders’ equity	$ 676,529	$ 688,736	$ 758,973	$ 770,255	$ 781,153	$ 760,337	$ 762,295	$ 702,986	$ 701,456

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2021
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 428	$ 559	$ 532
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	315,000,000	315,000,000	315,000,000
Common stock, shares issued (in shares)	76,552,595	76,292,241	72,027,743
Common stock, shares outstanding (in shares)	76,552,595	76,292,241	72,027,743	71,810,419

Consolidated Statements of Op_2

Consolidated Statements of Operations - USD ($)	3 Months Ended								6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Revenue
Total revenue	$ 65,975,000		$ 66,137,000	$ 70,921,000	$ 68,978,000	$ 67,933,000	$ 60,798,000	$ 55,352,000	$ 139,899,000	$ 116,150,000	$ 206,036,000	$ 184,084,000	$ 268,447,000	$ 248,435,000
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	30,317,000		31,541,000	33,628,000	35,273,000	34,955,000	29,135,000	23,869,000	68,900,000	53,004,000	100,441,000	87,961,000	129,154,000	121,360,000
Operating expenses
Selling, general and administrative	30,200,000		28,904,000	29,407,000	27,717,000	26,114,000	21,741,000	19,010,000	57,125,000	40,751,000	86,029,000	66,864,000	112,220,000	92,303,000
Depreciation and amortization	14,125,000		13,688,000	13,753,000	13,175,000	12,419,000	12,372,000	13,093,000	26,928,000	25,465,000	40,616,000	37,884,000	54,499,000	50,331,000
Goodwill impairment		$ 58,100,000											58,074,000	0
Total operating expenses	44,325,000		42,592,000	43,160,000	40,892,000	38,533,000	34,113,000	32,103,000	84,053,000	66,216,000	126,645,000	104,748,000	224,793,000	142,634,000
Operating loss	(8,667,000)		(7,996,000)	(5,867,000)	(7,187,000)	(5,555,000)	(2,450,000)	(620,000)	(13,054,000)	(3,070,000)	(21,050,000)	(8,625,000)	(85,500,000)	(15,559,000)
Interest expense, including amortization of deferred financing costs, net	10,195,000		8,206,000	7,297,000	6,624,000	5,589,000	5,506,000	5,059,000	13,921,000	10,565,000	22,127,000	16,155,000	31,371,000	23,260,000
Change in fair value of warrant liability	(3,000)		(120,000)	(106,000)	(27,000)	(2,898,000)	41,000	(2,424,000)	(133,000)	(2,383,000)	(253,000)	(5,281,000)	(254,000)	(5,267,000)
Loss before income taxes	(18,859,000)		(16,082,000)	(13,058,000)	(13,784,000)	(8,246,000)	(7,997,000)	(3,255,000)	(26,842,000)	(11,252,000)	(42,924,000)	(19,499,000)	(116,617,000)	(33,552,000)
Income tax expense	(369,000)		(1,805,000)	(2,268,000)	(2,212,000)	(3,873,000)	(1,795,000)	(1,256,000)	(4,480,000)	(3,051,000)	(6,285,000)	(6,925,000)	(10,417,000)	(8,776,000)
Net loss	$ (18,490,000)		$ (14,277,000)	$ (10,790,000)	$ (11,572,000)	$ (4,373,000)	$ (6,202,000)	$ (1,999,000)	$ (22,362,000)	$ (8,201,000)	$ (36,639,000)	$ (12,574,000)	$ (106,200,000)	$ (24,776,000)
Loss per share:
Basic (in dollars per share)	$ (0.24)		$ (0.19)	$ (0.14)	$ (0.16)	$ (0.26)	$ (0.43)	$ (0.30)	$ (0.30)	$ (0.73)	$ (0.48)	$ (0.98)	$ (1.40)	$ (1.04)
Diluted (in dollars per share)	$ (0.24)		$ (0.19)	$ (0.14)	$ (0.16)	$ (0.26)	$ (0.43)	$ (0.30)	$ (0.30)	$ (0.73)	$ (0.48)	$ (0.98)	$ (1.40)	$ (1.04)
Weighted average shares outstanding (in Number):
Basic (in shares)	76,524,735		76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313	75,710,904	41,933,050
Diluted (in shares)	76,524,735		76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313	75,710,904	41,933,050
Services
Revenue
Total revenue	$ 47,550,000		$ 46,448,000	$ 47,805,000	$ 47,543,000	$ 48,483,000	$ 46,430,000	$ 45,117,000	$ 95,348,000	$ 91,547,000	$ 141,796,000	$ 140,031,000	$ 188,985,000	$ 188,180,000
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	16,543,000		16,581,000	16,610,000	17,550,000	17,370,000	17,624,000	15,943,000	34,159,000	33,567,000	50,740,000	50,938,000	67,268,000	69,385,000
Products
Revenue
Total revenue	18,425,000		19,689,000	23,116,000	21,435,000	19,450,000	14,368,000	10,235,000	44,551,000	24,603,000	64,240,000	44,053,000	79,462,000	60,255,000
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	$ 13,774,000		$ 14,960,000	$ 17,018,000	$ 17,723,000	$ 17,585,000	$ 11,511,000	$ 7,926,000	$ 34,741,000	$ 19,437,000	$ 49,701,000	$ 37,023,000	$ 61,886,000	$ 51,975,000

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net loss	$ (18,490)	$ (14,277)	$ (10,790)	$ (11,572)	$ (4,373)	$ (6,202)	$ (1,999)	$ (22,362)	$ (8,201)	$ (36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Other comprehensive loss:
Foreign currency translation adjustment	128	(2,215)	(2,373)	(123)	(1,255)	418	(896)	(2,496)	(478)	(4,711)	(1,733)	(2,927)	(1,901)
Comprehensive loss	$ (18,362)	$ (16,492)	$ (13,163)	$ (11,695)	$ (5,628)	$ (5,784)	$ (2,895)	$ (24,858)	$ (8,679)	$ (41,350)	$ (14,307)	$ (109,127)	$ (26,677)

Consolidated Statements of Temp

Consolidated Statements of Temporary Equity and Stockholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Cumulative Effect, Period of Adoption, Adjusted Balance	Series A Preferred Stock	Series A Preferred Stock Cumulative Effect, Period of Adoption, Adjusted Balance	Series A-1 Preferred Stock	Series A-1 Preferred Stock Cumulative Effect, Period of Adoption, Adjusted Balance	Series B Preferred Stock	Series B Preferred Stock Cumulative Effect, Period of Adoption, Adjusted Balance	Series C Convertible Preferred Stock	Series C Convertible Preferred Stock Cumulative Effect, Period of Adoption, Adjusted Balance	Common Stock	Common Stock Cumulative Effect, Period of Adoption, Adjusted Balance	Additional paid-in capital	Additional paid-in capital Cumulative Effect, Period of Adoption, Adjustment	Additional paid-in capital Cumulative Effect, Period of Adoption, Adjusted Balance	Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss Cumulative Effect, Period of Adoption, Adjusted Balance	Accumulated Deficit	Accumulated Deficit Cumulative Effect, Period of Adoption, Adjustment	Accumulated Deficit Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance of temporary equity (in shares) at Dec. 31, 2020				7,756,158		7,862,107		9,090,975		2,520,368
Beginning balance of temporary equity at Dec. 31, 2020	$ 263,595			$ 77,562		$ 78,621		$ 90,910		$ 16,502
Increase (Decrease) in Temporary Equity [Roll Forward]
Accrued dividends payable (in shares)				248,622		266,558		224,161
Accrued dividends payable	7,393			$ 2,486		$ 2,666		$ 2,241
Ending balance of temporary equity (in shares) at Mar. 31, 2021				8,004,780		8,128,665		9,315,136		2,520,368
Ending balance of temporary equity at Mar. 31, 2021	270,988			$ 80,048		$ 81,287		$ 93,151		$ 16,502
Beginning balance of common stock (in shares) at Dec. 31, 2020												30,281,520
Beginning balance of stockholders' equity at Dec. 31, 2020	16,496											$ 3		$ 135,616			$ (1,562)		$ (117,561)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accrued dividends payable	(7,393)													(7,393)
Foreign currency translation adjustment	(896)																(896)
Share-based compensation	315													315
Net loss	(1,999)																		(1,999)
Ending balance of common stock (in shares) at Mar. 31, 2021												30,281,520
Ending balance of stockholders' equity at Mar. 31, 2021	6,523											$ 3		128,538			(2,458)		(119,560)
Beginning balance of temporary equity (in shares) at Dec. 31, 2020				7,756,158		7,862,107		9,090,975		2,520,368
Beginning balance of temporary equity at Dec. 31, 2020	263,595			$ 77,562		$ 78,621		$ 90,910		$ 16,502
Ending balance of temporary equity (in shares) at Jun. 30, 2021				8,256,165		8,398,185		9,547,376		2,520,368
Ending balance of temporary equity at Jun. 30, 2021	278,520			$ 82,562		$ 83,982		$ 95,474		$ 16,502
Beginning balance of common stock (in shares) at Dec. 31, 2020												30,281,520
Beginning balance of stockholders' equity at Dec. 31, 2020	16,496											$ 3		135,616			(1,562)		(117,561)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(478)
Net loss	(8,201)
Ending balance of common stock (in shares) at Jun. 30, 2021												30,281,520
Ending balance of stockholders' equity at Jun. 30, 2021	(6,478)											$ 3		121,321			(2,040)		(125,762)
Beginning balance of temporary equity (in shares) at Dec. 31, 2020				7,756,158		7,862,107		9,090,975		2,520,368
Beginning balance of temporary equity at Dec. 31, 2020	263,595			$ 77,562		$ 78,621		$ 90,910		$ 16,502
Ending balance of temporary equity (in shares) at Sep. 30, 2021				0		0		0		0
Ending balance of temporary equity at Sep. 30, 2021	0			$ 0		$ 0		$ 0		$ 0
Beginning balance of common stock (in shares) at Dec. 31, 2020												30,281,520
Beginning balance of stockholders' equity at Dec. 31, 2020	16,496											$ 3		135,616			(1,562)		(117,561)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(1,733)
Net loss	$ (12,574)
Ending balance of common stock (in shares) at Sep. 30, 2021	71,810,419											71,827,317
Ending balance of stockholders' equity at Sep. 30, 2021	$ 279,562											$ 7		412,985			(3,295)		(130,135)
Beginning balance of temporary equity (in shares) at Dec. 31, 2020				7,756,158		7,862,107		9,090,975		2,520,368
Beginning balance of temporary equity at Dec. 31, 2020	263,595			$ 77,562		$ 78,621		$ 90,910		$ 16,502
Increase (Decrease) in Temporary Equity [Roll Forward]
Accrued dividends payable (in shares)				765,609		824,076		692,543
Accrued dividends payable	22,822			$ 7,656		$ 8,241		$ 6,925
Distributions to and conversions of preferred stock (in shares)				(8,521,767)		(8,686,183)		(9,783,518)		(2,520,368)
Distributions to and conversions of preferred stock	(286,417)			$ (85,218)		$ (86,862)		$ (97,835)		$ (16,502)
Ending balance of temporary equity (in shares) at Dec. 31, 2021				0	0	0	0	0	0	0	0
Ending balance of temporary equity at Dec. 31, 2021	0		$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Beginning balance of common stock (in shares) at Dec. 31, 2020												30,281,520
Beginning balance of stockholders' equity at Dec. 31, 2020	16,496											$ 3		135,616			(1,562)		(117,561)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accrued dividends payable	(22,822)													(22,822)
Foreign currency translation adjustment	(1,901)																(1,901)
Share-based compensation (in shares)												200,426
Share-based compensation	(1,856)													(1,856)
Distributions to and conversions of preferred stock (in shares)												7,120,368
Distributions to and conversions of preferred stock	56,503											$ 1		56,502
CTAC shares recapitalized, net of equity issuance costs (in shares)												10,373,491
CTAC shares recapitalized, net of equity issuance costs	6,429											$ 1		6,428
Conversion of KORE warrants (in shares)												1,365,612
Conversion of KORE warrants	10,663													10,663
Private offering and merger financing, net of equity issuance costs (in shares)												22,686,326
Private offering and merger financing, net of equity issuance costs	216,546											$ 2		216,544
Equity portion of convertible debt, net of issuance costs	12,240													12,240
Net loss	$ (24,776)																		(24,776)
Ending balance of common stock (in shares) at Dec. 31, 2021	72,027,743											72,027,743	72,027,743
Ending balance of stockholders' equity at Dec. 31, 2021	$ 267,522	$ (11,314)	256,208									$ 7	$ 7	413,315	$ (11,613)	$ 401,702	(3,463)	$ (3,463)	(142,337)	$ 299	$ (142,038)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible Enumeration]	Accounting Standards Update 2020-06
Beginning balance of temporary equity (in shares) at Mar. 31, 2021				8,004,780		8,128,665		9,315,136		2,520,368
Beginning balance of temporary equity at Mar. 31, 2021	$ 270,988			$ 80,048		$ 81,287		$ 93,151		$ 16,502
Increase (Decrease) in Temporary Equity [Roll Forward]
Accrued dividends payable (in shares)				251,385		269,520		232,240
Accrued dividends payable	7,532			$ 2,514		$ 2,695		$ 2,323
Ending balance of temporary equity (in shares) at Jun. 30, 2021				8,256,165		8,398,185		9,547,376		2,520,368
Ending balance of temporary equity at Jun. 30, 2021	278,520			$ 82,562		$ 83,982		$ 95,474		$ 16,502
Beginning balance of common stock (in shares) at Mar. 31, 2021												30,281,520
Beginning balance of stockholders' equity at Mar. 31, 2021	6,523											$ 3		128,538			(2,458)		(119,560)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accrued dividends payable	(7,532)													(7,532)
Foreign currency translation adjustment	418																418
Share-based compensation	315													315
Net loss	(6,202)																		(6,202)
Ending balance of common stock (in shares) at Jun. 30, 2021												30,281,520
Ending balance of stockholders' equity at Jun. 30, 2021	(6,478)											$ 3		121,321			(2,040)		(125,762)
Increase (Decrease) in Temporary Equity [Roll Forward]
Accrued dividends payable (in shares)				265,602		287,998		236,142
Accrued dividends payable	7,897			$ 2,656		$ 2,880		$ 2,361
Distributions to and conversions of preferred stock (in shares)				(8,521,767)		(8,686,183)		(9,783,518)		(2,520,368)
Distributions to and conversions of preferred stock	(286,417)			$ (85,218)		$ (86,862)		$ (97,835)		$ (16,502)
Ending balance of temporary equity (in shares) at Sep. 30, 2021				0		0		0		0
Ending balance of temporary equity at Sep. 30, 2021	0			$ 0		$ 0		$ 0		$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accrued dividends payable	(7,897)													(7,897)
Foreign currency translation adjustment	(1,255)																(1,255)
Share-based compensation	(3,519)													(3,519)
Distributions to and conversions of preferred stock (in shares)												7,120,368
Distributions to and conversions of preferred stock	56,503											$ 1		56,502
CTAC shares recapitalized, net of equity issuance costs (in shares)												10,373,491
CTAC shares recapitalized, net of equity issuance costs	6,457											$ 1		6,456
Conversion of KORE warrants (in shares)												1,365,612
Conversion of KORE warrants	10,663													10,663
Private offering and merger financing, net of equity issuance costs (in shares)												22,686,326
Private offering and merger financing, net of equity issuance costs	216,951											$ 2		216,949
Equity portion of convertible debt, net of issuance costs	12,510													12,510
Net loss	$ (4,373)																		(4,373)
Ending balance of common stock (in shares) at Sep. 30, 2021	71,810,419											71,827,317
Ending balance of stockholders' equity at Sep. 30, 2021	$ 279,562											$ 7		412,985			(3,295)		(130,135)
Beginning balance of temporary equity (in shares) at Dec. 31, 2021				0	0	0	0	0	0	0	0
Beginning balance of temporary equity at Dec. 31, 2021	$ 0		0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Beginning balance of common stock (in shares) at Dec. 31, 2021	72,027,743											72,027,743	72,027,743
Beginning balance of stockholders' equity at Dec. 31, 2021	$ 267,522	(11,314)	256,208									$ 7	$ 7	413,315	(11,613)	401,702	(3,463)	(3,463)	(142,337)	299	(142,038)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued pursuant to acquisition (in shares)												4,212,246
Common stock issued pursuant to acquisition	23,295											$ 1		23,294
Foreign currency translation adjustment	(123)																(123)
Share-based compensation	2,050													2,050
Net loss	(11,572)																		(11,572)
Ending balance of common stock (in shares) at Mar. 31, 2022												76,239,989
Ending balance of stockholders' equity at Mar. 31, 2022	269,858											$ 8		427,046			(3,586)		(153,610)
Beginning balance of temporary equity (in shares) at Dec. 31, 2021				0	0	0	0	0	0	0	0
Beginning balance of temporary equity at Dec. 31, 2021	$ 0		0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Beginning balance of common stock (in shares) at Dec. 31, 2021	72,027,743											72,027,743	72,027,743
Beginning balance of stockholders' equity at Dec. 31, 2021	$ 267,522	(11,314)	256,208									$ 7	$ 7	413,315	(11,613)	401,702	(3,463)	(3,463)	(142,337)	299	(142,038)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(2,496)
Net loss	(22,362)
Ending balance of common stock (in shares) at Jun. 30, 2022												76,239,989
Ending balance of stockholders' equity at Jun. 30, 2022	259,196											$ 8		429,547			(5,959)		(164,400)
Beginning balance of temporary equity (in shares) at Dec. 31, 2021				0	0	0	0	0	0	0	0
Beginning balance of temporary equity at Dec. 31, 2021	$ 0		0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Beginning balance of common stock (in shares) at Dec. 31, 2021	72,027,743											72,027,743	72,027,743
Beginning balance of stockholders' equity at Dec. 31, 2021	$ 267,522	(11,314)	256,208									$ 7	$ 7	413,315	(11,613)	401,702	(3,463)	(3,463)	(142,337)	299	(142,038)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(4,711)
Net loss	(36,639)
Ending balance of common stock (in shares) at Sep. 30, 2022												76,292,241
Ending balance of stockholders' equity at Sep. 30, 2022	245,723											$ 8		432,566			(8,174)		(178,677)
Beginning balance of temporary equity (in shares) at Dec. 31, 2021				0	0	0	0	0	0	0	0
Beginning balance of temporary equity at Dec. 31, 2021	0		0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Ending balance of temporary equity (in shares) at Dec. 31, 2022				0		0		0		0
Ending balance of temporary equity at Dec. 31, 2022	$ 0			$ 0		$ 0		$ 0		$ 0
Beginning balance of common stock (in shares) at Dec. 31, 2021	72,027,743											72,027,743	72,027,743
Beginning balance of stockholders' equity at Dec. 31, 2021	$ 267,522	$ (11,314)	$ 256,208									$ 7	$ 7	413,315	$ (11,613)	$ 401,702	(3,463)	$ (3,463)	(142,337)	$ 299	$ (142,038)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued pursuant to acquisition (in shares)												4,212,246
Common stock issued pursuant to acquisition	23,295											$ 1		23,294
Foreign currency translation adjustment	(2,927)																(2,927)
Share-based compensation	10,296													10,296
Vesting of restricted stock units (in shares)												52,252
Net loss	$ (106,200)																		(106,200)
Ending balance of common stock (in shares) at Dec. 31, 2022	76,292,241											76,292,241
Ending balance of stockholders' equity at Dec. 31, 2022	$ 180,672											$ 8		435,292			(6,390)		(248,238)
Beginning balance of common stock (in shares) at Mar. 31, 2022												76,239,989
Beginning balance of stockholders' equity at Mar. 31, 2022	269,858											$ 8		427,046			(3,586)		(153,610)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(2,373)																(2,373)
Share-based compensation	2,501													2,501
Net loss	(10,790)																		(10,790)
Ending balance of common stock (in shares) at Jun. 30, 2022												76,239,989
Ending balance of stockholders' equity at Jun. 30, 2022	259,196											$ 8		429,547			(5,959)		(164,400)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	(2,215)																(2,215)
Share-based compensation	3,019													3,019
Vesting of restricted stock units (in shares)												52,252
Net loss	(14,277)																		(14,277)
Ending balance of common stock (in shares) at Sep. 30, 2022												76,292,241
Ending balance of stockholders' equity at Sep. 30, 2022	$ 245,723											$ 8		432,566			(8,174)		(178,677)
Beginning balance of common stock (in shares) at Dec. 31, 2022	76,292,241											76,292,241
Beginning balance of stockholders' equity at Dec. 31, 2022	$ 180,672											$ 8		435,292			(6,390)		(248,238)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustment	128																128
Share-based compensation	2,570													2,570
Net loss	$ (18,490)																		(18,490)
Ending balance of common stock (in shares) at Mar. 31, 2023	76,552,595											76,552,595
Ending balance of stockholders' equity at Mar. 31, 2023	$ 164,695											$ 8		$ 437,677			$ (6,262)		$ (266,728)

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cash flows provided by (used in) operating activities
Net loss	$ (106,200,000)	$ (24,776,000)
Adjustments to reconcile net loss to net cash provided (used in) by operating activities
Depreciation and amortization	54,499,000	50,331,000
Goodwill impairment loss	58,074,000	0
Amortization of deferred financing costs	2,427,000	2,097,000
Amortization of discount on Backstop Notes	0	424,000
Non-cash reduction to the operating lease right-of-use assets	2,218,000	0
Deferred income taxes	(16,189,000)	(9,691,000)
Non-cash foreign currency loss	14,000	344,000
Stock-based compensation	10,296,000	4,564,000
Provision for doubtful accounts	415,000	322,000
Change in fair value of warrant liability	(254,000)	(5,267,000)
Change in operating assets and liabilities, net of operating assets and liabilities acquired:
Accounts receivable	8,962,000	(12,102,000)
Inventories	6,542,000	(9,875,000)
Prepaid expenses and other current assets	(1,992,000)	(1,244,000)
Accounts payable and accrued liabilities	(2,116,000)	(8,419,000)
Deferred revenue	980,000	(805,000)
Income taxes payable	148,000	(661,000)
Operating lease liabilities	(1,468,000)
Cash provided by (used in) operating activities	16,356,000	(14,758,000)
Cash flows (used in) provided by investing activities
Additions to intangible assets	(13,238,000)	(9,247,000)
Additions to property and equipment	(3,307,000)	(4,172,000)
Payments for acquisitions, net of cash acquired	(46,002,000)	0
Cash flows (used in) provided by investing activities	(62,547,000)	(13,419,000)
Cash flows (used in) provided by financing activities
Proceeds from revolving credit facility	0	25,000,000
Repayment on revolving credit facility	0	(25,000,000)
Repayment of term loan	(3,153,000)	(3,161,000)
Repayment of other borrowings - notes payable	(1,035,000)	(173,000)
Proceeds from convertible debt	0	104,167,000
Proceeds from equity portion of convertible debt, net of issuance costs	0	15,697,000
Payment of deferred financing costs	(356,000)	(1,579,000)
Repayment of related party note	0	(1,538,000)
Proceeds from CTAC and PIPE financing, net of issuance costs	0	223,688,000
Settlements of preferred shares	0	(229,915,000)
Payment of financing lease obligations	(150,000)
Payment of capital lease obligations		(828,000)
Payment of stock option share employee withholding taxes	0	(2,305,000)
Cash (used in) provided by financing activities	(4,694,000)	104,053,000
Effect of exchange rate change on cash	(451,000)	(226,000)
Change in Cash and Restricted cash	(51,336,000)	75,650,000
Cash and Restricted Cash, beginning of period	86,343,000	10,693,000
Cash and Restricted Cash, end of period	35,007,000	86,343,000
Non-cash investing and financing activities:
Fair value of KORE common stock issued pursuant to acquisition	23,295,000	0
ASU 2020-06 Adoption	15,163,000
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities upon the adoption of ASC 842	9,604,000
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities	3,409,000
Premium finance agreement	3,621,000	0
Equity financing fees accrued	0	3,602,000
Common shares issued to preferred shareholders	0	56,502,000
Equity financing fees settled in common shares	0	1,863,000
Common shares issued to warrant holders	0	10,663,000
Common shares issued to option holders pursuant to the Cancellation Agreements	0	1,072,000
Sponsor shares distributed to lender under Backstop Agreement	0	683,000
Supplemental cash flow information:
Interest paid	29,199,000	19,874,000
Taxes paid (net of refunds)	$ 2,119,000	$ 957,000

Consolidated Statements of Te_2

Consolidated Statements of Temporary Equity and Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2021
Statement of Stockholders' Equity [Abstract]
Equity issuance costs of CTAC shares recapitalized	$ 15,912	$ 15,943
Equity issuance costs of private offering and merger financing	7,718	8,123
Issuance costs of equity portion of convertible debt	$ 224	384
Sponsor shares of equity portion of convertible debt		683
Deferred tax liability of equity portion of convertible debt		$ 3,999

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. KORE Group Holdings, Inc. and its Subsidiaries (“the Company”) use the same accounting policies in preparing quarterly and annual financial statements. Therefore, these consolidated financial statements and accompanying notes should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022. All significant intercompany balances and transactions have been eliminated. In the opinion of management, the accompanying consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, comprehensive loss, stockholders’ equity, and cash flows for the interim periods but are not necessarily indicative of the results of operations to be anticipated for the full year 2023 or any future period. Recently Adopted Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the FASB. ASUs not listed below were assessed and determined to be either not applicable or did not have a material impact on the Company's consolidated financial statements. The following ASUs have been adopted by the Company since the Company’s last Annual Report on Form 10-K. ASU 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments The Company adopted ASU 2016-13, on January 1, 2023, utilizing the modified retrospective method. The adoption of ASU 2016-13 modified the measurement of expected credit losses on certain financial instruments such as trade receivables that result from revenue transactions within the scope of ASC 606. The Company adopted ASU 2016-13 utilizing the loss rate method which considers historical loss rates, adjusted for current conditions, and reasonable and supportable forecasts to its trade receivable balances. The adoption of ASU 2016-13 did not have a material impact on the Company’s consolidated financial statements. ASU 2022-04, Liabilities—Supplier Finance Programs (Topic 405-50) - Disclosure of Supplier Finance Program Obligations The Company adopted ASU 2022-04, on January 1, 2023, except for the annual roll forward requirement which is effective for fiscal years beginning after December 15, 2023. The standard requires entities that use supplier finance programs to disclose the key terms, including a description of payment terms, the confirmed amount outstanding under the program at the end of each reporting period, a description of where those obligations are presented on the balance sheet, and an annual roll forward, including the amount of obligations confirmed and the amount paid during the period. The guidance does not affect the recognition, measurement, or financial statement presentation of obligations covered by supplier finance programs. See Note 5 for details of the program under the Premium Finance Agreement. Recently Issued Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the FASB. ASUs not listed here were assessed and determined to be either not applicable or are not expected to have a material impact on the Company's consolidated financial statements.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Company’s consolidated financial statements are expressed in U.S. dollars and have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). Intercompany balances and transactions were eliminated upon consolidation. The preparation of consolidated financial statements in conformity with US GAAP requires management to make use of estimates and assumptions that affect the reported amounts and disclosures. The Business Combination was accounted for as a reverse recapitalization as pre-combination KORE was determined to be the accounting acquirer under Financial Accounting Standard Board's ("FASB") ASC Topic 805, Business Combination (“ASC 805”). Pre-combination KORE was determined to be the accounting acquirer based on the evaluation of the following facts and circumstances: • the equity holders of pre-combination KORE held the majority (54%) of voting rights in the Company; • the senior management of pre-combination KORE became the senior management of the Company; • in comparison with CTAC, pre-combination KORE has significantly more revenues and total assets and a larger net loss; and, • the operations of pre-combination KORE comprise the ongoing operations of the Company, and the Company assumed pre-Combination KORE’s headquarters. Accordingly, for accounting purposes, the financial statements of the Company represent a continuation of the financial statements of pre-combination KORE with the acquisition being treated as the equivalent of pre-combination KORE issuing stock for the net assets of CTAC, accompanied by a recapitalization. The net assets of CTAC were stated at historical cost, with no goodwill or other intangible assets recorded. Pre-combination KORE was deemed to be the predecessor and the consolidated assets and liabilities and results of operations prior to September 30, 2021 are those of pre-combination KORE. Reported shares and earnings per share available to common stockholders, prior to the Business Combination, have been retroactively restated to reflect the exchange ratio established in the merger agreement. The number of shares of preferred stock was also retroactively restated based on the exchange ratio. Foreign Currency The functional currency of the Company’s foreign subsidiaries is generally the local currency. Any transactions recorded in the Company’s foreign subsidiaries denominated in a currency other than the local currency are remeasured using current exchange rates each reporting period with the resulting unrealized gains or losses being included in selling, general and administrative expenses in the consolidated statements of operations. For consolidation purposes, all assets and liabilities denominated in a foreign currency are translated into U.S. dollars at the exchange rate on the balance sheet date. Revenues and expenses are translated at the average exchange rate during the period. Equity transactions are translated using historical exchange rates. Adjustments resulting from translating foreign functional currency financial statements into U.S. dollars are recorded as part of a separate component of stockholders’ equity and reported in the consolidated statements of comprehensive loss. Segments Operating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the CODM in deciding how to allocate resources to the individual segment and in assessing performance. The Company’s CODM is its Chief Executive Officer. The Company has determined that it operates in one operating segment and one reportable segment, as the CODM reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance. Use of Estimates The preparation of consolidated financial statements, in conformity with US GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the consolidated financial statements relate to the following; (1) revenue recognition such as determining the nature and timing of the satisfaction of performance obligations, (2) revenue reserves, (3) allowances for accounts receivable, (4) inventory obsolescence, (5) the measurement of assets acquired and liabilities assumed in business combinations at fair value, (6) assessment of indicators of goodwill impairment and the determination of the fair value of the Company’s reporting unit, (7) determination of useful lives of the Company’s intangible assets and equipment, (8) the assessment of expected cash flows used in evaluating long-lived assets for impairment, (9) the calculation of capitalized software costs, and (10) accounting for uncertainties in income tax positions. Although these estimates are based on management’s best knowledge of current events and actions that the Company may undertake in the future, actual results may be different from these estimates. Revenue Recognition We recognize revenue under ASC 606, Revenue from Contracts with Customers by apply the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, the Company satisfies a performance obligation. Payments are generally due and received within 30-60 days from the point of billing customers. The Company derives revenues primarily from IoT Connectivity and IoT Solutions. Connectivity arrangements provide customers with secure and reliable wireless connectivity to mobile and fixed devices through various mobile network carriers. Revenue from IoT Connectivity consists of monthly recurring charges (“MRC’s”) and overage/usage charges, and contracts are generally short-term in nature (i.e., month-to-month arrangements). Revenue for MRC’s and overage/usage charges are recognized over time as the Company satisfies the performance obligation (generally starting when an enrolled device is activated on the Company’s platform). Most of the MRC’s are billed monthly in advance (generally in the last week of a month); any amounts billed for which the service has not been provided as of the balance sheet dates are reported as a contract liability and components of deferred revenue. Overage/usage charges are billed in arrears on a monthly cycle. Overage/usage charges are evaluated on a monthly basis, and any overage/usage charges determined by management as unlikely to be collected due to a customer disputing the charge or due to a concession are reserved. Reserved items are written off when deemed uncollectible or recognized as revenue if collected. Certain IoT Connectivity customers also have the option to purchase products and/or equipment (e.g. subscriber identification module or “SIM” cards, routers, phones, or tablets) from the Company on an as needed basis. Product sales to IoT Connectivity customers are recognized when control is transferred to the customer, which is typically upon shipment of the product. IoT Solutions arrangements include device solutions (including connectivity), deployment services, and/or technology-related professional services. Management evaluates each IoT Solutions arrangement to determine the contract for accounting purposes. If a contract contains more than one performance obligation, consideration is allocated to each performance obligation based on standalone selling prices (“SSPs”). When available, the Company uses observable prices to determine SSPs. When observable prices are not available, SSPs are established that reflect the Company's best estimates of what the selling price of the performance obligations would be if they were sold regularly on a stand-alone basis. The Company's process for estimating SSPs without observable prices consider multiple factors that may vary depending upon the unique facts and circumstances related to each performance obligation including, where applicable, prices charged by the Company for similar offerings, market trends in the pricing for similar offerings, product-specific business objectives and the estimated cost to provide the performance obligation. Hardware, deployment services, and connectivity services generally have readily observable prices. The standalone selling price of our warehouse management services (which is associated with our bill-and-hold inventory and determined to be immaterial as discussed below) was determined using a cost-plus-margin approach with the primary assumptions including Company profit objectives, internal cost structure, and current market trends. Device and other hardware sales in IoT Solutions arrangements are generally accounted for as separate contracts since the customer is not obligated to purchase additional services when committing to the purchase of any products. Such sales are typically recognized upon shipment to the customer. However, in certain contracts, the customer has requested the Company to hold the products ordered for later shipment to the customer’s remote location or to the customer’s end user as a part of a vendor managed inventory model. In these situations, management has concluded that transfer of control to the customer occurs prior to shipment. In these “bill-and-hold” arrangements, the right to invoice, transfer of legal title and transfer of the risk and rewards associated with the products occurs when the Company receives the hardware from a third-party vendor and has deemed it to be functional. Additionally, the products are identified both physically and systematically as belonging to a specific customer, are usable by the customer, and are only shipped, used, or disposed as directed by the specific customer. Based on these factors, management recognizes revenue on bill-and-hold hardware when the hardware is received by the Company and deemed functional. As part of the bill-and-hold arrangements, the Company performs a service related to the storage of the hardware. The Company has determined that any storage fee related to bill-and-hold inventory is immaterial to the consolidated financial statements taken as a whole. Deployment services consist of the Company preparing hardware owned by a customer for use by a customer’s end user. Deployment and connectivity may both be included within a single IoT Solutions contract and are considered separate performance obligations. While consideration for deployment services is generally fixed when ordered by the client, consideration for connectivity services is variable and solely related to the connectivity services. Therefore, the fixed consideration is allocated to the deployment services and is recognized as revenue when the services are provided (i.e. when the related hardware is shipped to the customer). Connectivity within IoT Solutions contracts are recognized similar to the IoT Connectivity as described above, since such contracts are generally short term in nature and variability is resolved each month as the services are provided. Professional services are generally provided over a contract term of one to two months. Revenue is recognized over time on an input method basis (typically, based on hours completed to date and an estimate of total hours to complete the project). There are no material instances where variable consideration is constrained and not recorded at the initial time of sale. Product returns are recorded as a reduction to revenue based on anticipated sales returns that occur in the normal course of business and are immaterial for the years ended December 31, 2022, and 2021. The Company primarily has assurance-type warranties that do not result in separate performance obligations. The Company does not have material unfulfilled performance obligation balances for contracts with an original length greater than one year in any of the years presented. Additionally, the Company does not have material costs related to obtaining a contract with amortization periods greater than one year for any of the years presented. Overage usage charges are evaluated on a monthly basis, and any overage/usage charges determined by management as unlikely to be collected due to a customer disputing the charge or due to a concession are reserved in the month billed and are not initially recognized as revenue. These amounts are netted against accounts receivable and reversed when credited to the customer account, generally no longer than one to two months after initial billing. The Company applies ASC 606 utilizing the following allowable exemptions or practical expedients: • Exemption to not disclose the unfulfilled performance obligation balance for contracts with an original length of one year or less. • Practical expedient to recognize the incremental costs of obtaining a contract as an expense when incurred if the amortization period of the asset that the entity otherwise would have recognized is one year or less. • Election to present revenue net of sales taxes and other similar taxes. • Election from recognizing shipping and handling activities as a separate performance obligation. • Practical expedient not requiring the entity to adjust the promised amount of consideration for the effects of a significant financing component if the entity expects, at contract inception, that the period between when the entity transfers a promised good or service to a customer and when the customer pays for that good or service will be one year or less. Restricted Cash Restricted cash represents cash deposits held with financial institutions for letters of credit and is not available for general corporate purposes. Concentrations of Credit Risk and Off-Balance-Sheet Risk Cash is a financial instrument that is potentially subject to concentrations of credit risk. The Company’s cash is deposited in accounts at large financial institutions, and amounts may exceed federally insured limits. The Company believes it is not exposed to significant credit risk due to the financial strength of the depository institutions in which the cash is held. The Company has no other financial instruments with off-balance-sheet risk of loss. Accounts Receivable, Net of Allowance for Doubtful Accounts The carrying amount of accounts receivable is reduced by a valuation allowance that reflects management’s best estimate of the amounts that will not be collected. Management reviews all accounts receivable balances that exceed terms from the invoice date individually, and based on an assessment of current creditworthiness, past payment history, and historical loss experience, and provides an allowance for the portion, if any, of the balance not expected to be collected. All accounts or portions thereof considered uncollectible or require excessive collection costs are written off to the allowance for doubtful accounts and recorded under selling, general and administrative expense in the consolidated statements of operations. Inventories The Company records its inventory, which primarily consists of finished goods such as SIM cards, other hardware and packaging materials, using the first-in, first-out method, except for certain legacy acquisition that use weighted average cost method to account for approximately 14% of the total consolidated inventory. Certain items in inventory require limited assembly procedures to be performed before shipping the items to customers. Due to the insignificant nature and cost associated with the assembly procedures, the Company classifies these items as finished goods. Inventories are stated at the lower of cost or net realizable value. The Company performs ongoing evaluations and maintains a reserve if necessary for slow-moving and obsolete items, based upon factors surrounding the inventory age, amount of inventory on hand and projected sales. Property and Equipment The Company’s property and equipment primarily consist of computer hardware and software, networking equipment as well as furniture and fixtures. Property and equipment are recorded at cost and are depreciated over their estimated useful lives using the declining-balance method at the following annual rates: Computer hardware and software 30 % Networking equipment 20 % Furniture and fixtures 20 % Maintenance, repairs, and ordinary replacements are recorded under selling, general and administrative expenses in the consolidated statement of operations as incurred. Expenditures for improvements that extend the physical or economic life of the property are capitalized. Leasehold improvements are depreciated using the straight-line method over the shorter of the estimated useful life or the remaining term of the lease. The Company includes computer software in property and equipment as the software is integral to enabling the functioning of the hardware. Leases At the beginning of the first quarter of fiscal 2022, the Company adopted the FASB Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) (“ASU 2016-02”), and additional ASUs issued to clarify and update the guidance in ASU 2016-02 (collectively, the “new leases standard”). The Company leases real estate, computer hardware and vehicles for use in our operations under both operating and finance leases. The Company assesses whether an arrangement is a lease or contains a lease at inception. For arrangements considered leases or that contain a lease that is accounted for separately, we determine the classification and initial measurement of the right-of-use asset and lease liability at the lease commencement date, which is the date that the underlying asset becomes available for use. For both operating and finance leases, we recognize a right-of-use asset, which represents our right to use the underlying asset for the lease term, and a lease liability, which represents the present value of our obligation to make payments arising over the lease term. The present value of our obligation to make payments is calculated using the incremental borrowing rate for operating and finance leases. The incremental borrowing rate is determined using a portfolio approach based on the rate of interest that the Company would have to pay to borrow an amount equal to the lease payments on a collateralized basis over a similar term. Management uses the unsecured borrowing rate and risk-adjusts that rate to approximate a collateralized rate, which will be updated on an annual basis for the measurement of new lease liabilities. In those circumstances where the Company is the lessee, we have elected to account for non-lease components associated with our leases (e.g., common area maintenance costs) and lease components as a single lease component for all of our asset classes. Operating lease cost for operating leases is recognized on a straight-line basis over the term of the lease and is included in selling, general and administrative expense in our consolidated statements of operations, based on the use of the facility on which rent is being paid. Operating leases with a term of 12 months or less are not recorded on the balance sheet; we recognize a rent expense for these leases on a straight-line basis over the lease term. The Company recognizes the amortization of the right-of-use asset for our finance leases on a straight-line basis over the shorter of the term of the lease or the useful life of the right-of-use asset in depreciation and amortization expense in our consolidated statements of operations. The interest expense related to finance leases is recognized using the effective interest method based on the discount rate determined at lease commencement and is included within interest expense in our consolidated statements of operations. Internal Use Software Certain costs of platform and software applications developed for internal use are capitalized as intangible assets. Capitalization of costs begins when two criteria are met: (i) the preliminary project stage is completed (i.e. application development stage) and (ii) it is probable that the software will be completed and used for its intended function. The Company also capitalizes costs related to specific upgrades and enhancements when it is probable the expenditure will result in additional functionality. Costs incurred for maintenance, minor upgrades and enhancements are recorded under selling, general and administrative expenses in the consolidated statement of operations as incurred. Costs related to preliminary project activities and post-implementation operating activities are also recorded under selling, general and administrative expenses in the consolidated statement of operations as incurred. The Company amortizes the capitalized costs on a straight-line basis over the useful life of the asset. Refer to “Note 9, Goodwill and Other Intangible Assets” to the consolidated financial statements, for further detail of the Company’s average useful lives for capitalized internal use computer software. Business Combinations The Company allocates the fair value of the consideration transferred to the assets acquired and liabilities assumed based on their fair values at the acquisition date. The excess of the fair value of consideration transferred over the fair value of the assets acquired, and liabilities assumed is recorded as goodwill. Acquisition-related expenses and restructuring costs are recognized separately from the business combination and expensed as incurred. All changes in accounting for deferred tax asset valuation allowances and acquired income tax uncertainties after the measurement period are recognized as a component of provision for income taxes. When determining the fair values of assets acquired and liabilities assumed, management makes significant estimates and assumptions, especially with respect to intangible assets. Critical estimates in valuing intangible assets include expected future cash flows based on consideration of future growth rates and margins, customer attrition rates, future changes in technology and brand awareness and discount rates. Fair value estimates are based on the assumptions management believes a market participant would use in pricing the asset or liability. While the Company uses its best estimates and assumptions as a part of the purchase price allocation process to accurately value assets acquired and liabilities assumed as of the acquisition date, its estimates and assumptions are inherently uncertain and subject to refinement. As a result, during the preliminary purchase price measurement period, which may be up to one year from the acquisition date, the Company records adjustments to the provisional amounts recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date, with a corresponding offset to goodwill. The Company records adjustments to assets acquired or liabilities assumed subsequent to the preliminary purchase price measurement period in its operating results in the period in which the adjustments were determined. Fair Value Measurements The Company applies the provisions of ASC 820, Fair Value Measurements, for fair value measurements of financial assets and financial liabilities and for fair value measurements of non-financial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company also applied the provisions of the subtopic to fair value measurements of non-financial assets and non-financial liabilities that are recognized or disclosed at fair value in the financial statements on a non-recurring basis. The subtopic defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The subtopic also establishes a framework for measuring fair value and expands disclosures about fair value measurements. The fair value framework requires the Company to categorize certain assets and liabilities into three levels, based upon the assumptions used to price those assets or liabilities. The three levels are defined as follows: Level 1. Quoted prices in active markets for identical assets or liabilities. Level 2. Quoted prices for similar assets and liabilities in active markets or inputs that are observable. Level 3. Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability. The Company has determined the estimated fair value of its financial instruments based on appropriate valuation methodologies; however, considerable judgment is required to develop these estimates. Accordingly, these estimated fair values are not necessarily indicative of the amounts the Company could realize in a current market exchange. The estimated fair values can be materially affected by using different assumptions or methodologies. The methods and assumptions used in estimating the fair values of financial instruments are based on carrying values and future cash flows. Cash is stated at cost, which approximates fair value. The carrying amounts reported in the balance sheet for accounts receivable, accounts payable, and accrued liabilities approximate fair value, due to their short-term maturities. Long-term debt is carried at amortized cost using the effective interest rate method. The Company’s outstanding borrowings are not required to be measured at fair value at the end of each reporting period. The carrying and fair values of the Company’s outstanding borrowings are disclosed at the end of each reporting period in “Note 10 – Long Term Debt and Other Borrowings, net” to the consolidated financial statements. The Notes under the Backstop agreement, are carried at amortized cost using the effective interest rate method and is disclosed in “Note 10 – Long Term Debt and Other Borrowings, net” to the consolidated financial statements. The Company has outstanding private warrants (“Private Warrants”) issued for the purchase of common stock, which are liability-classified. The Private Warrants are marked to fair value using the fair value of the Company's public warrants that trade on the NYSE, therefore are evaluated as Level 2 for fair value as disclosed in “Note 14 - Warrants on Common Stock” to the consolidated financial statements. Stock-Based Compensation The Company has had several stock-based compensation plans, which are more fully described in “Note 13 - Stock-Based Compensation”, to the consolidated financial statements. Stock-based compensation is generally recognized as an expense following the straight-line attribution method over the requisite service period. The fair value of stock-based compensation is measured on the grant date based on the grant-date fair value of the awards using the lattice model. Intangible Assets Identifiable intangible assets acquired individually or as part of a group of other assets are initially recognized and measured at cost. The cost of a group of intangible assets acquired in a transaction, including those acquired in a business combination that meet the specified criteria for recognition apart from goodwill, is the sum of the individual assets acquired based on their acquisition date fair values. The cost incurred to enhance the service potential of an intangible asset is capitalized as a betterment. Identifiable intangible assets comprise assets that have a definite life amortized on a straight-line basis over their estimated useful lives as follows: Customer relationships 10-13 years Technology 5-9 years Carrier contracts 10 years Trademarks 9-10 years Internally developed computer software 3-5 years The Company capitalizes costs directly related to the design, deployment and enhancements of its internal operating support systems, including employee-related costs. Goodwill Goodwill represents the excess fair value of consideration transferred over the fair value of the net identifiable assets acquired in a business combination. Goodwill is evaluated annually on October 1st for impairment or more frequently if impairment indicators are present. A qualitative assessment is performed to determine whether the existence of events or circumstances leads to a determination that it is more likely than not the fair value of the reporting unit is less than its carrying amount. Qualitative factors considered are macroeconomics conditions such as geographical location and fluctuations in foreign exchange, industry and market conditions, financial performance including both profitability and cash flows from operations, entity-specific events and share price trends. If, based on the qualitative assessment, it is determined that it is more likely than not the fair value of the reporting unit is less than its carrying amount, then a quantitative test is performed and an impairment loss is recognized in an amount equal to the excess of the carrying value over the fair value of the reporting unit, limited to the total amount of goodwill allocated to that reporting unit. Under a quantitative test, the Company obtains a third-party valuation of the fair value of the reporting unit. Assumptions used in the fair value calculation include revenue growth and profitability, terminal values, discount rates, and implied control premium. These assumptions are consistent with those the Company believes hypothetical marketplace participants would use. Deferred Financing Costs Deferred financing costs consist principally of debt issuance costs which are being amortized using the effective interest method over the terms of the related debt agreements and are presented in the consolidated balance sheets as direct deductions from long-term debt. Issuance costs for credit facilities are recorded in other long-term assets in the consolidated balance sheets and are amortized over the term of the agreement using the straight-line method. Defined Contribution Plans The Company sponsors defined contribution plans (the “Plans”) that cover our domestic and international employees following the completion of an eligibility period. Under the Plans, participating employees may defer a portion of their pretax earnings up to the limits provided by local statutory requirements. The Company makes matching contributions, subject to limits of the base compensation that a participant contributes to the Plan. The Company’s matching contributions vest over up to a maximum of four years from the participant’s date of hire. The Company records its portion of matching contributions as an expense within the selling, general and administrative financial statement line item. The Company contributed in aggregate $0.5 million, and $0.4 million for fiscal years 2022 and 2021, respectively. Impairment of Long-Lived Assets The Company reviews long-lived assets, such as property and equipment, and purchased intangibles subject to amortization, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. Assets to be disposed of by sale would be separately presented in the consolidated balance sheet and reported at the lower of the carrying amount or fair value less costs to sell and are no longer depreciated. The assets and liabilities of a group classified as held for sale would be presented separately in the appropriate asset and liability sections of the consolidated balance sheet. There were no assets classified as held for sale at any of the balance sheet dates presented. Income Taxes The Company provides for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company recognized the effect o

REVENUE

REVENUE	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
REVENUE	NOTE 2 – REVENUE Contract Balances Deferred revenue primarily relates to revenue that is recognized over time for IoT Connectivity monthly recurring charges, the changes in the balance of which are related to the satisfaction or partial satisfaction of these contracts. The balance also contains a deferral for goods that are in transit at the period end for which control transfers to the customer upon delivery. The deferred revenue balance as of December 31, 2022, was recognized as revenue during the three months ended March 31, 2023. Disaggregated Revenue Information The Company has presented the disaggregated disclosures below which are useful to understand the composition of the Company’s revenue during the respective reporting periods shown below: Three Months Ended (In thousands, USD) March 31, 2023 2022 IoT Connectivity* $ 43,244 $ 43,053 Hardware Sales 16,444 19,012 Hardware Sales—bill-and-hold 2,197 2,422 Deployment services, professional services, referral services and other 4,090 4,491 Total $ 65,975 $ 68,978 __________________ * Includes connectivity-related revenues from IoT Connectivity services and IoT Solutions services Significant Customer	REVENUE RECOGNITION Contract Balances Deferred revenue as of December 31, 2022, and 2021, was $7.8 million, and $6.9 million, respectively, and primarily relates to revenue that is recognized over time for connectivity monthly recurring charges, the changes in balance of which are related to the satisfaction or partial satisfaction of these contracts. The balance also contains a deferral for goods that are in-transit at the period end for which control transfers to the customer upon delivery. All of the December 31, 2021, balance was recognized as revenue during the year ended December 31, 2022. Disaggregated Revenue Information The Company views the following disaggregated disclosures as useful to understand the composition of revenue recognized during the respective reporting periods: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 IoT Connectivity* $ 173,162 $ 164,610 Hardware Sales 69,091 54,898 Hardware Sales - bill-and-hold 10,736 5,357 Deployment services, professional services, referral services, and other 15,458 23,570 Total $ 268,447 $ 248,435 __________________ * Includes connectivity-related revenues from IoT Connectivity and IoT Solutions Significant Customer The Company has one customer, a large multinational medical device and health care company representing 11% and 21% of the Company’s total revenue for the years ending December 31, 2022, and 2021, respectively. This same customer represented 16% and 30% of the Company’s total accounts receivable as of December 31, 2022, and 2021, respectively. The Company believes it is not exposed to significant risk due to the financial strength of this customer and their historical trend of on-time payment.

ACQUISITIONS

ACQUISITIONS	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
ACQUISITIONS	NOTE 3 – ACQUISITIONS BMP Business Combination On February 16, 2022, the Company acquired 100% of the outstanding share capital of Business Mobility Partners, Inc. and Simon IoT LLC ("Simon IoT"), collectively, the “Acquired Companies” or “BMP Acquisition” which are industry-leading mobility service providers, to expand the Company’s services and solutions within the healthcare and life sciences industries (the “BMP Business Combination Agreement”). The transaction was funded by available cash and the issuance of the Company’s shares. Transaction costs for legal consulting, accounting, and other related costs incurred in connection with the acquisition of the Acquired Companies were $1.7 million. Included in the three months ended March 31, 2022, were $1.4 million of transaction costs, which were included in selling, general and administrative expenses in the Company's consolidated statement of operations. The following table summarizes the allocation of the consideration transferred for the Acquired Companies, including the identified assets acquired and liabilities assumed as of the acquisition date. (In thousands, USD) Fair Value Cash, (net of closing cash of $1,995) and working capital adjustments $ 46,002 Fair value of KORE common stock issued to sellers (4,212,246 shares) 23,295 Total consideration $ 69,297 Assets acquired: Accounts receivable 3,303 Inventories 1,323 Prepaid expenses and other receivables 976 Property and equipment 201 Intangible assets 28,664 Total Assets acquired 34,467 Liabilities assumed: Deferred tax liabilities 7,391 Accounts payable and accrued liabilities 2,638 Liabilities assumed 10,029 Net identifiable assets acquired 24,438 Goodwill (excess of consideration transferred over net identifiable assets acquired) $ 44,859 Goodwill represents the future economic benefits that we expect to achieve as a result of the acquisition of the Acquired Companies. A portion of the goodwill resulting from the acquisition is deductible for tax purposes. The BMP Business Combination Agreement contains customary indemnification terms. Under the BMP Business Combination Agreement, approximately $3.45 million of the cash purchase price was paid at closing and is to be held in escrow, for a maximum of 18 months from the closing date, to guarantee the performance of general representations and warranties regarding closing amounts and to indemnify the Company against any future claims. During the third quarter of 2022, $0.6 million of the $3.45 million was paid to the seller from the escrow account which did not result in any adjustments to the purchase price. The financial results of the Acquired Companies are included in the Company’s consolidated statements of operations from the date of acquisition. Unaudited pro forma information Had the acquisition of the Acquired Companies been completed on January 1, 2021, total revenue would have been $74.7 million, and the net loss would have been $9.9 million for the three months ended March 31, 2022. This unaudited pro forma financial information is not necessarily indicative of what the operating results actually would have been if the acquisition had taken place on January 1, 2022, nor is it indicative of future operating results. The pro forma amounts include the historical operating results of the Company prior to the acquisition, with adjustments factually supportable and directly attributable to the acquisition, primarily related to transaction costs and the amortization of intangible assets. The pro forma net loss for the three months ended March 31, 2022, reflects a non-recurring adjustment to exclude acquisition-related costs of $1.4 million. Pending acquisition On March 26, 2023, the Company entered into an agreement to acquire Twilio's IoT business unit for 10 million shares of the Company's common stock, par value $0.0001. The agreement provides that if 10 million shares of the Company's common stock has an aggregate value in excess of $28 million based on the closing price of the Company's common stock on the business day immediately prior to the date of closing, the Company will issue to	ACQUISITIONS BMP Business Combination On February 16, 2022, the Company acquired 100% of the outstanding share capital of Business Mobility Partners, Inc. and Simon IoT LLC which are industry-leading mobility service providers, to expand the Company’s services and solutions within the healthcare and life sciences industries (the “BMP Business Combination Agreement”). The transaction was funded by available cash and the issuance of the Company’s shares. Transaction costs for legal consulting, accounting, and other related costs incurred in connection with the acquisition of BMP were $1.7 million of which, $1.4 million and $0.3 million were included in selling, general and administrative expenses in the Company's consolidated statements of operation for the years ended December 31, 2022 and 2021 respectively. The following table summarizes the allocation of the consideration transferred for BMP, including the identified assets acquired and liabilities assumed as of the acquisition date. (In thousands, USD, except share amounts) Fair Value Cash, (net of closing cash of $1,995) and working capital adjustments $ 46,002 Fair value of KORE Common Stock issued to sellers (4,212,246 shares) 23,295 Total consideration $ 69,297 Assets acquired: Accounts receivable 3,303 Inventories 1,323 Prepaid expenses and other receivables 976 Property and equipment 201 Intangible assets 28,664 Total Assets acquired 34,467 Liabilities assumed: Deferred tax liabilities 7,391 Accounts payable and accrued liabilities 2,638 Liabilities assumed 10,029 Net identifiable assets acquired 24,438 Goodwill (excess of consideration transferred over net identifiable assets acquired) $ 44,859 Goodwill represents the future economic benefits that we expect to achieve as a result of the BMP acquisition. Approximately $7.0 million of the goodwill resulting from the acquisition is deductible for tax purposes. The BMP Business Combination Agreement contains customary indemnification terms. Under the BMP Business Combination Agreement, a portion of the cash purchase price, approximate ly $3.45 million paid at closing is to be held in escrow, for a maximum of 18 months from the closing date, to guarantee performance of general representations and warranties regarding closing amounts and to indemnify the Company against any future claims. During the year ended December 31, 2022, $0.6 million o f the $3.45 million was paid to the seller from the escrow account that did not result in any adjustments to the purchase price. The financial results of BMP are included in the Company’s consolidated statement of operations from the date of acquisition. For the year ended December 31, 2022, the amounts of revenue and net income included in the Company’s consolidated statement of operations were $45.7 million and $11.1 million, respectively. Unaudited pro forma information This unaudited pro forma financial information presented is not necessarily indicative of what the operating results would have been if the acquisition had taken place on January 1, 2021, nor is it indicative of future operating results. The pro forma amounts include the historical operating results of the Company prior to the acquisition, with adjustments factually supportable and directly attributable to the acquisition, primarily related to transaction costs, and the amortization of intangible assets. Had the acquisition of BMP been completed on January 1, 2021, net revenue and loss would have been: Years Ended (In thousands, USD) December 31, 2022 December 31, Net Revenue $ 274,179 $ 278,601 Net Loss 104,483 22,415

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
ACCOUNTS RECEIVABLE	NOTE 4 – ACCOUNTS RECEIVABLE The Company adopted ASU 2016-13 utilizing the loss rate method which considers historical loss rates, adjusted for current conditions, and reasonable and supportable forecasts to its trade receivable balances. The adoption of ASU 2016-13 did not have a material impact on the Company’s consolidated financial statements. The following table shows the details of accounts receivable as of March 31, 2023, and December 31, 2022: (In thousands, USD) March 31, 2023 December 31, 2022 Accounts receivable $ 48,483 $ 45,097 Allowance for credit losses (428) (559) Accounts receivable, net $ 48,055 $ 44,538

PREMIUM FINANCE AGREEMENT

PREMIUM FINANCE AGREEMENT	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Debt Disclosure [Abstract]
PREMIUM FINANCE AGREEMENT	NOTE 5 – PREMIUM FINANCE AGREEMENT The Company entered into a Premium Finance Agreement (“Premium Agreement”) on August 3, 2022, to purchase two-year term directors and officers insurance policy. The Premium Agreement is for $3.6 million at a fixed rate of 4.6% per annum, amortized over twenty months. The Premium Agreement requires twenty fixed monthly principal and interest payments of $0.2 million from August 15, 2022, to March 15, 2024. Included in the Current portion of long-term debt and other borrowings, net is the outstanding principal balance of $2.2 million and $2.8 million as of March 31, 2023, and December 31, 2022, respectively.	LONG-TERM DEBT AND OTHER BORROWINGS, NET The Company carries its long term debt based on amortized cost using the effective interest rate meth od. The following is a summary of long-term debt: (In thousands, USD) December 31, December 31, Term Loan – UBS $ 302,654 $ 305,807 Notes under the Backstop Agreement 120,000 120,000 Other Borrowings 2,754 173 Total 425,408 425,980 Less—current portion (5,345) (3,326) Less—equity component, net of accumulated amortization — (15,517) Less—debt issuance cost, net of accumulated amortization of $8.5 million and $6.1 million, respectively (6,153) (8,022) Total Long-term debt and other borrowings 413,910 399,115 The following is the summary of future principal repayments on long-term debt: (In thousands, USD) Amount 2023 $ 5,345 2024 300,063 2025 — 2026 — 2027 — Thereafter 120,000 Total $ 425,408 Senior Secured Term Loan—UBS On December 21, 2018, the Company entered into a credit agreement with UBS that consisted of a term loan of $280.0 million as well as a senior secured revolving credit facility with UBS (the “Senior Secured UBS Term Loan”, and together with the senior secured revolving credit facility, the “Credit Facilities”). The Senior Secured UBS Term Loan required quarterly principal and interest payments of Term LIBOR plus 5.5%. All remaining principal and interest payments are due on December 21, 2024. On November 12, 2019, the Company amended the Senior Secured UBS Term Loan in order to raise an additional $35.0 million. Under the amended agreement, the maturity date of the term loan and interest rate remained unchanged. However, the quarterly principal repayment changed to $0.8 million. The principal and quarterly interest are paid on the last business day of each quarter, except at maturity. As a result of this debt modification, the Company incurred $0.2 million in debt issuance costs, which was capitalized and is being amortized over the remaining term of the loan along with the unamortized debt issuance costs of the original debt. On December 22, 2022, the Company amended the Senior Secured UBS Term Loan to facilitate the planned phase out of LIBOR by the UK Financial Conduct Authority. The amendment established the Secure Overnight Financing Rate ("SOFR") as the primary reference rate and replaced the Eurocurrency Rate to Term SOFR plus a SOFR a djustment of 0.10%. All the other terms remain unchanged. For the year ended December 31, 2022, the Company recognized interest expense related to the contractual interest expense of $22.5 million and interest expense related to the amortization of the debt issuance costs of $2.4 million. The term loan agreement limits cash dividends and other distributions from the Company’s subsidiaries to KORE Group Holdings Inc. and also restricts the Company’s ability to pay cash dividends to its shareholders. On December 31, 2022, and 2021, restricted net assets of the consolidated subsidiaries were $192.5 million and $256.7 million, respectively. The term loan agreement contains, among other things, financial covenants related to maximum total debt to adjusted EBITDA ratio and a minimum total leverage ratio. The Company was in compliance with these covenants for the years ended December 31, 2022, and 2021. The credit agreement is substantially secured by all the Company’s assets. The Company’s principal outstanding balances on the Senior Secured UBS Term Loan were $302.7 million and $305.8 million as of December 31, 2022 and 2021, respectively. Senior Secured Revolving Credit Facility – UBS On December 21, 2018, the Company entered into a $30.0 million senior secured revolving credit facility with UBS (the “Senior Secured Revolving Credit Facility”, and together with the Senior Secured UBS Term Loan, the “Credit Facilities”). Borrowings under the Senior Secured Revolving Credit Facility bore interest at a floating rate which can be, at the Company’s option, either (1) a LIBOR rate for a specified interest period plus an applicable margin of up to 5.50% or (2) a base rate plus an applicable margin of up to 4.5%. After the Closing Date, the applicable margins for LIBOR rate and base rate borrowings were each subjected to a reduction of 5.25% and 4.25%, respectively, if the Company maintains a total leverage ratio of less than or equal to 5.00:1.00. The LIBOR rate was applicable to the Senior Secured Revolving Credit Facility is subject to a “floor” of 0.0%. Additionally, the Company is required to pay a commitment fee of up to 0.38% per annum of the unused balance. On December 22, 2022, the Company amended the Senior Secured Revolving Credit Facility to facilitate the planned phase out of LIBOR by the UK Financial Conduct Authority. The amendment established the Secure Overnight Financing Rate (“SOFR”) as the primary reference rate and replaced the Euro currency Rate to Term SOFR plus a SOFR a djustment of 0.10%. All the other terms remain unchanged. On December 23, 2022, the Company amended the Senior Secured Revolving Credit Facility to extend the maturity of the revolving credit facility to September 21, 2024. As a result of the modifications, the Company incurred $0.2 million in debt issuance costs, which was capitalized and is being amortized over the remaining term of the loan along with the unamortized debt issuance costs of the original and amended debt. The obligations of the Company and the obligations of the guarantors under the Credit Facilities are secured by first priority pledges of and security interests in (i) substantially all of the existing and future equity interests of KORE Wireless Group, Inc. and each of its subsidiaries organized in the U.S., as well as 65% of the existing and future equity interests of certain first-tier foreign subsidiaries held by the borrower or the guarantors under the Credit Facilities and (ii) substantially all of the KORE Wireless Group, Inc.’s and each guarantor’s tangible and intangible assets, in each case subject to certain exceptions and thresholds. As of December 31, 2022, and 2021, no amounts were drawn or outstanding on the Senior Secured Revolving Credit Facility. Bank Overdraft Facility – BNP Paribas Fortis N.V. On October 8, 2018, a Belgium subsidiary of the Company entered into a €250,000 bank overdraft facility with BNP Paribas Fortis, (the “Bank Overdraft Facility”). Borrowings under the Bank Overdraft Facility had an indefinite term. However, it was discontinued as of February 13, 2023. Borrowings under the Bank Overdraft Facility bore interest at a floating rate which was a base rate plus an applicable margin of up to 2.0%. The base fee amounts to 9.40% as of December 31, 2022 and was variable. Any overages were charged against a percentage of 6% on a yearly basis. There was no commitment fee payable for the unused balance of the Bank Overdraft Facility. As of December 31, 2022, and December 31, 2021, the Company had €0 drawn on the Bank Overdraft Facility. Backstop Agreement On September 30, 2021, KORE Wireless Group Inc. issued $95.1 million in senior unsecured exchangeable notes due 2028 (the “Backstop Notes”) to affiliates of Fortress Credit Corp. (“Fortress”) pursuant to the terms of the backstop agreement (the “Backstop Agreement”), dated July 27, 2021, by and among KORE Wireless Group Inc. and Fortress. The Backstop Notes were issued pursuant to an indenture (the “Indenture”), dated September 30, 2021, by and among the Company, KORE Wireless Group Inc. and Wilmington Trust, National Association, as trustee, as amended and restated on November 15, 2021. On October 28, 2021, KORE Wireless Group issued an additional $24.9 million in additional notes (the “Additional Notes” and together with the Backstop Notes, the “Notes”) to Fortress, pursuant to the terms of an exchangeable notes purchase agreement (the “Exchangeable Notes Purchase Agreement”), dated October 28, 2021, by and among KORE Wireless Group Inc., the Company and Fortress. The Additional Notes were issued pursuant to the Indenture and contain identical terms to the Backstop Notes. The Notes were issued at par, have a maturity of seven years, bearing interest at the rate of 5.50% per annum which is paid semi-annually, March 30 and September 30 of each year, beginning on March 30, 2022. The Notes are guaranteed by the Company and are exchangeable into common stock of the Company at $12.50 per share (the “Base Exchange Rate”) at any time at the option of Fortress. At the Base Exchange Rate, the Notes are exchangeable for approximately 9.6 million shares of common stock. As of March 31, 2022, the value of the approximately 9.6 million shares underlying the Notes is less than the fair value of the Notes. The Base Exchange Rate may be adjusted for certain dilutive events or change in control events as defined by the Indenture (the “Adjusted Exchange Rate”). Additionally, if after the 2-year anniversary of September 30, 2021, the Company’s shares are trading at a defined premium to the Base Exchange Rate or applicable Adjusted Exchange Rate, the Company may redeem the Notes for cash, force an exchange into shares of its common stock at an amount per share based on a time-value make whole table, or settle with a combination of cash and an exchange (the “Company Option”). As consideration for Fortress entering into that certain commitment letter (the “Commitment Letter”), dated as of September 21, 2021, the Sponsor contributed 100,000 shares of common stock of the Company to LLC Merger Sub, which were transferred by LLC Merger Sub to Fortress, as a commitment fee, pursuant to the terms and upon the conditions set forth in the Commitment Letter. Prior to the implementation of ASU 2020-06 since the Company could use the Company Option to potentially settle all or part of the Notes for the cash equivalent of the fair value of the common stock for which the Notes may be exchanged, a portion of the proceeds of the Notes were required to be allocated to equity, based on the estimated fair value of the Notes had they not contained the exchange features. ASU 2020-06, simplifies and amends the cash conversion guidance so that the Company is no longer required to allocate to equity the estimated fair value of the Notes had they not contained the exchange features. Refer to “Note 2- Summary of Significant Accounting policies – Recently Adopted Accounting Pronouncements” to the consolidated financial statements for a summary of the effects of the adoption of ASU 2020-06. The unamortized discount and issuance costs will be amortized through September 30, 2028. The effective interest rate after the adoption of ASU 2020-06 for the Backstop Notes and the Additional Backstop Notes are 5.9% and 6.1% respectively. The Backstop Agreement and the Exchangeable Notes Purchase Agreement each contain a customary six-month lock up following the Closing, which prohibits Fortress from hedging the Notes by short selling the Company’s common stock or hedging the Notes via the Company’s warrants or options. The Indenture contains, among other things, financial covenants related to maximum total debt to adjusted EBITDA ratio. The Company was in compliance with these covenants as of December 31, 2022, and December 31, 2021. As of December 31, 2022, the net carrying amount of the Notes was $117.5 million, with unamortized debt issuance costs of $2.5 million. The estimated fair value (Level 2) of the convertible debt instrument was $92.9 million. As of December 31, 2021, prior to adoption of ASU 2020-06, the net carrying amount of the Notes was $102.0 million, with unamortized debt issuance costs of $2.5 million and unamortized equity component costs of $15.5 million. The estimated fair value (Level 2) of the convertible debt instrument was $118.6 million. Premium Finance Agreement The Company entered into a Premium Finance Agreement (“Premium Agreement”) on August 3, 2022, to purchase a two-year term Directors and Officers insurance policy. The Premium Agreement is for $3.6 million at a fixed rate of 4.6% per annum, amortized over twenty months. The Premium Agreement requires twenty fixed monthly principal and interest payments of $0.19 million from August 15, 2022, to March 15, 2024. The Company’s principal outstanding balance on the Premium Agreement was $2.8 million as of December 31, 2022.

INCOME TAXES

INCOME TAXES	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 6 – INCOME TAXES The Company determines its estimated annual effective tax rate at the end of each interim period based on estimated pre-tax income (loss) and facts known at that time. The estimated annual effective tax rate is applied to the year-to-date pre-tax income (loss) at the end of each interim period with certain adjustments. The tax effects of significant unusual or extraordinary items are reflected as discrete adjustments in the periods in which they occur. The Company’s estimated annual effective tax rate can change based on the mix of jurisdictional pre-tax income (loss) and other factors. However, if the Company is unable to make a reliable estimate of its annual effective tax rate, then the actual effective tax rate for the year-to-date period may be the best estimate. For the three months ended March 31, 2023, and 2022, the Company determined that its annual effective tax rate approach would provide for a reliable estimate and therefore used this method to calculate its tax provision. The Company’s effective income tax rate was 2.0% and 16.0% for the three months ended March 31, 2023, and 2022, respectively. The effective income tax rate for the three months ended March 31, 2023, and 2022 differed from the federal statutory rate primarily due to the geographical mix of earnings and related foreign tax rate differential, permanent differences, and the valuation allowance maintained against certain deferred tax assets. The Company’s income tax benefit was $0.4 million and $2.2 million for the three months ended March 31, 2023, and 2022, respectively. The change in the income tax benefit for the three months ended March 31, 2023, compared to the three months ended March 31, 2022, was primarily due to changes in the jurisdictional mix of earnings and the impact of the valuation allowance maintained against certain deferred tax assets.	INCOME TAXES Income (loss) before provision (benefit) for income taxes from operations for the years ended December 31, 2022, and 2021, consisted of the following: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 United States $ (92,021) $ (12,184) Foreign (24,596) (21,368) Total loss before income taxes $ (116,617) $ (33,552) The components of the provision (benefit) for income taxes from operations consisted of the following: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Current: Federal $ 4,309 $ 782 State 905 442 Foreign 558 (309) Total current provision 5,772 915 Deferred: Federal (9,336) (6,478) State (4,455) (748) Foreign (2,398) (2,465) Total deferred benefit (16,189) (9,691) Total income tax benefit $ (10,417) $ (8,776) The reconciliation between income taxes computed at the U.S. statutory income tax rate to our provision for income taxes for the years ended December 31, 2022, and 2021 is as follows: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Benefit for income taxes at 21% rate $ (24,490) 21.0 % $ (7,045) 21.0 % State taxes, net of federal benefit (1,358) 1.2 % (1,147) 3.4 % Change in valuation allowance 10,628 -9.1 % (642) 1.9 % Rate change (1,687) 1.4 % 774 -2.3 % Credits (604) 0.5 % (602) 1.8 % Permanent differences and other (2,712) 2.2 % 2,852 -8.5 % Revaluation of warrants (53) 0.0 % (1,106) 3.3 % Uncertain tax positions 591 -0.5 % 544 -1.6 % Foreign withholding tax 134 -0.1 % 116 -0.3 % Foreign rate differential (2,120) 1.8 % (2,587) 7.7 % Executive compensation expense 872 -0.7 % 1,517 -4.5 % Transaction related expense 210 -0.2 % (1,450) 4.3 % Global intangible low taxed income 283 -0.2 % — 0.0 % Foreign derived intangible income (311) 0.3 % — 0.0 % Goodwill impairment 10,200 -8.7 % — 0.0 % Benefit for income taxes $ (10,417) 8.9 % $ (8,776) 26.2 % Significant components of the Company’s deferred tax assets (liabilities) as of December 31, 2022, and 2021 are as follows: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Deferred tax assets: Net operating loss carry-forward $ 13,617 $ 7,504 Credit carry-forward 1,386 1,956 Interest expense limitation carry-forward 15,844 12,053 Non-deductible reserves 339 374 Accruals and other temporary differences 2,835 1,288 Stock compensation 1,164 — Lease liability 2,780 — Property and equipment 1,007 1,018 Gross deferred tax assets 38,972 24,193 Less Valuation allowance (16,177) (5,750) Total deferred tax assets (after valuation allowance) 22,795 18,443 Deferred tax liabilities: Property and equipment (1,738) (4,151) Intangible assets (33,117) (40,771) Goodwill (5,914) (7,474) Debt Discount — (3,972) Accounting method change (1,378) — Right of use asset (2,514) — Research and development costs (3,327) — Total deferred tax liabilities $ (47,988) $ (56,368) Net deferred tax liabilities $ (25,193) $ (37,925) The valuation allowance increased by $10.4 million during 2022, primarily due to an increase in U.S. disallowed interest expense carryover and U.S. state tax attributes deemed not realizable. In determining the need for a valuation allowance, the Company has given consideration to its worldwide cumulative loss position when assessing the weight of the sources of taxable income that can be used to support the realization of deferred tax assets. The Company has assessed, on a jurisdictional basis, the available means of recovering deferred tax assets, including the ability to carry-back net operating losses, the existence of reversing temporary differences, the availability of tax planning strategies and available sources of future taxable income. The Company has also considered the ability to implement certain strategies that would, if necessary, be implemented to accelerate taxable income and use expiring deferred tax assets. The Company believes it is able to support the deferred tax assets recognized as of the end of the year based on all of the available evidence. As of December 31, 2022, the Company has U.S. state tax net operating loss carryforwards of approximately $39 million which may be available to offset future income tax liabilities and expire at various dates beginning in 2032 through 2042. Additionally, the Company has U.S. state tax net operating loss carryforwards of approximately $13.0 million which carryforward indefinitely. Additionally, the Company has generated $38.0 million of foreign operating loss carryforwards which expire at various dates. As of December 31, 2022, the Company did not have U.S. federal tax loss carried forward. As of December 31, 2022, the Company has U.S. state research and development tax credit carryforwards of $0.1 million which expire beginning in 2032 through 2033. As of December 31, 2022, the Company did not have any federal research and development tax credit carried forward. Additionally, the Company has $1.3 million of foreign research and development tax credit carryforwards. Due to provisions of the Tax Cuts and Jobs Act of 2017, the Company has a carryforward of U.S. disallowed interest expense of $68.8 million, which has an indefinite carryforward period. Utilization of the NOL carryforwards may be subject to limitation under Section 382 of the Internal Revenue Code of 1986 due to ownership change limitations that have occurred previously or that could occur in the future. These ownership changes may limit the amount of NOL and tax credit carryforwards that can be utilized annually to offset future taxable income and tax, respectively. There could be additional ownership changes in the future, which may result in additional limitations on the utilization of the NOL and tax credit carryforwards. For taxable years beginning after December 31, 2017, taxpayers are subjected to the global intangible low-taxed income provisions, or GILTI provisions. The GILTI provisions require the Company to currently recognize in U.S. taxable income a deemed dividend inclusion of foreign subsidiary earnings in excess of an allowable return on the foreign subsidiary’s tangible assets. The ability to benefit from a deduction and foreign tax credits against a portion of the GILTI income may be limited under the GILTI rules as a result of the utilization of net operating losses, foreign sourced income, and other potential limitations within the foreign tax credit calculation. For the year ended December 31, 2022, the Company recorded an income tax charge related to GILTI of $0.3 million. For the year ended December 31, 2021, the Company did not record an income tax charge related to GILTI. The Company has made an accounting policy election, as allowed by the SEC and FASB, to recognize the impacts of GILTI within the period incurred. Accordingly, no U.S. deferred taxes are provided on GILTI inclusions of future foreign subsidiary earnings. As of December 31, 2022, the Company has not provided U.S. taxes on the undistributed earnings of its foreign subsidiaries that it considers indefinitely reinvested. This indefinite reinvestment determination is based on the future operational and capital requirements of the Company’s domestic and foreign operations. The Company expects that the cash held by its foreign subsidiaries of $19.5 million as of December 31, 2022 will continue to be used for its foreign operations and, therefore, does not anticipate repatriating these funds. The Company conducts business globally and, as a result, its subsidiaries file income tax returns in U.S. federal and state jurisdictions and various foreign jurisdictions. In the normal course of business, the Company may be subject to examination by taxing authorities throughout the world, including such major jurisdictions as Australia, Canada, Malta, the Netherlands, the United Kingdom, and the United States. Since the Company is in a loss carry-forward position, the Company is generally subject to U.S. federal and state income tax examinations by tax authorities for all years for which a loss carry-forward is utilized. As of December 31, 2022, the Company is not under income tax examination in any jurisdiction. During the ordinary course of business, there are many transactions and calculations for which the ultimate tax determination is uncertain. The Company establishes reserves for tax-related uncertainties based on estimates of whether, and the extent to which, additional taxes will be due. These reserves are established when the Company believes that certain positions might be challenged despite its belief that its tax return positions are fully supportable. The Company adjusts these reserves in light of changing facts and circumstances, such as the outcome of tax examinations. The following table presents a reconciliation of the total amounts of unrecognized tax benefits, excluding interest and penalties, included in accrued liabilities and other long-term liabilities in the consolidated balance sheets. Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Unrecognized tax benefits at the beginning of the year $ 8,132 $ 7,690 Additions for tax positions of current year 442 442 Unrecognized tax benefits at the end of the year $ 8,574 $ 8,132 The Company and its subsidiaries have accumulated significant intercompany obligations owed to/from various other subsidiaries of the Company. During the year ended December 31, 2022, the Company completed its assessment of its U.S. and non-U.S. income and non-income tax risks related to these obligations and added both current and prior period unrecognized tax benefits associated with the intercompany balances. If the unrecognized tax benefit balance as of December 31, 2022, were recognized, it would in its entirety result in a tax benefit impacting the effective tax rate. The Company does not anticipate any material changes to its unrecognized tax benefits within the next 12 months.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	NOTE 7 – STOCK-BASED COMPENSATION The following table summarizes Restricted Stock Units (“RSUs”) activities during the reporting period shown below: Number of Weighted- Aggregate Unvested RSUs at December 31, 2022 5,515 $ 6.69 $ 34,191 Granted 4,230 1.72 7,297 Vested (395) 6.78 (2,680) Forfeited and canceled (123) 6.97 (859) Unvested RSUs at March 31, 2023 9,227 $ 5.54 $ 37,949 During the three months ended March 31, 2023, the Company granted 2.1 million RSUs that vest based on the passage of time and granted 2.1 million RSUs that vest based on the achievement of performance targets. The following is a summary of the Company’s share-based compensation expense and income tax benefit related to the RSUs for the reporting periods shown below: Three Months Ended March 31, (In thousands, USD) 2023 2022 Total Stock Compensation Expense $ 2,570 $ 2,050 Income tax benefit related to share-based compensation expense 246 264 As of March 31, 2023, the total unrecognized compensation cost related to outstanding RSUs was $26.3 million, which the Company expects to recognize over a weighted average period of 2.2 years.	STOCK BASED COMPENSATION Restricted Stock Units 2021 Long-Term Stock Incentive Plan On September 29, 2021, the board of directors (the “Board”) approved the KORE Group Holdings, Inc. 2021 Long-Term Stock Incentive Plan (the “2021 Plan”) to promote the interests of the Company and its stockholders by (i) attracting and retaining employees and directors of, and consultants to, the Company and its subsidiaries; (ii) motivating such individuals by means of performance-related incentives to achieve longer-range performance goals; and (iii) enabling such individuals to participate in the long-term growth and financial success of the Company. The 2021 Plan allows for the grant of share-based payment awards to employees, directors of the Board, and consultants to the Company. The 2021 Plan is administered by the Compensation Committee of the Board. On December 8, 2021, the Compensation Committee of the Board approved the future grants of certain Restricted Stock Unit Awards (“RSUs”), the effectiveness of which were contingent upon the filing and effectiveness of the Form S-8 Registration Statement of the common stock, which occurred on January 4, 2022. A RSU is a contractual right to receive one share of our common stock in the future, and the fair value of the RSU is based on our share price on the grant date. The Company’s time-based RSUs generally vest one-quarter on each of the second and third anniversaries of the Business Combination date and the remaining one-half on the fourth anniversary of the Business Combination date; however, certain special retention awards may have different vesting terms. In addition, grants of RSUs to our non-employee directors and certain executive officers contain provisions as part of the respective employment agreements that accelerate the vesting of RSU grants in the event of a termination by the Company or a departure by a director or executive officers. The Company also grants performance-based RSUs that vests subject to the achievement of specified performance goals within a specified time-frame. The performance-based RSUs contain provisions that increase or decrease the number of RSUs that ultimately vest, depending upon the level of performance achieved. The Company has also granted RSUs that vest based upon the price of our common stock, which is a market condition. The fair value of awards that contain a market-based condition is estimated using a lattice model to analyze the fair value of the subject shares. The lattice model utilizes multiple stock paths, which are analyzed to determine the fair value of the subject shares. The following table summarizes RSUs activity during the reporting periods shown below: Number of awards outstanding Weighted-average grant date fair value Aggregate intrinsic value Unvested RSUs at December 31, 2021 — — — Granted 5,789 $ 6.24 $ 36,101 Vested (52) 6.88 (362) Forfeited and canceled (222) 6.97 (1,548) Unvested RSUs at December 31, 2022 5,515 $ 34,191 For the year ended December 31, 2022 the Company granted 4.0 million RSUs that vest based on the passage of time. The actual number of performance-based RSUs that could vest will range from 0% to 150% of the 1.6 million unvested RSUs granted, depending upon our level of achievement with respect to the performance goals. During the year, the Company granted 1.7 million of performance based RSUs. During the year ended December 31, 2022, the Company granted approximately 0.2 million RSUs, which vest based on the Company’s stock price attaining a closing price equal to or greater than $13, $15, or $18 per share over any 20 trading days within any 30 consecutive trading day period. The fair value of these RSUs is estimated using a lattice model. Significant inputs used in our valuation of these RSUs included the following: Year Ended December 31, 2022 Expected volatility 57.1%-75.2% Risk-free interest rate 1.4%-2.1% Expected term (in years) 5 - 80 The following is a summary of the Company’s share-based compensation expense related to RSUs during the reporting periods shown below: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Total Stock Compensation Expense $ 10,296 $ 4,564 Unrecognized Compensation Cost 24,272 — Remaining recognition period (in years) 2.6 — 2014 Equity Incentive Plan During 2021, the stock options granted under the 2014 equity incentive plan were cancelled and the plan was terminated as of September 30, 2021. Upon the closing of the Business Combination, the Company paid out cash consideration of $4.1 million net of applicable withholding taxes and issued 200,426 shares as share consideration valued at $4.3 million (4,325 common shares net of shares for applicable withholding taxes). The following is a summary of the Company’s cancelled stock options from January 1, 2021, through December 31, 2021: Number of Options Weighted Average Grant Date Fair Value per Option Weighted Average Exercise Price Weighted Average Remaining Contractual Term Balance, December 31, 2020 432,500 $15.45 $141.53 7.7 Granted — — — Exercised — — — Forfeited — — — Expired — — — Cancelled (432,500) (15.45) (141.53) 7.7 Balance, December 31, 2021 — $— $— —

WARRANTS ON COMMON STOCK

WARRANTS ON COMMON STOCK	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Warrants and Rights Note Disclosure [Abstract]
WARRANTS ON COMMON STOCK	NOTE 8 – WARRANTS ON COMMON STOCK Private Placement Warrants The private placement warrants are measured quarterly at fair value (Level 1*) based on the closing price of KORE.WS. As of March 31, 2023, 272,779 private placement warrants remained outstanding with an aggregate value of $35.5 thousand based on the closing price of $0.13. *Fair value estimates are based on quoted prices in active markets for identical assets or liabilities.	WARRANTS ON COMMON STOCK Public Warrants As part of CTAC’s initial public offering (the “CTAC IPO”) in 2020, CTAC issued warrants to third party investors, and each whole warrant entitles the holder to purchase one share of the Company’s common stock at an exercise price of $11.50 per share (the “Public Warrants”). Subsequent to the Business Combination, 8,638,966 Public Warrants remained outstanding as of December 31, 2022. The Public Warrants may only be exercised for a whole number of common shares. The Public Warrants will become exercisable on the later of (a) 30 days after the completion of a Business Combination or (b) 12 months from the closing of the proposed public offering; provided in each case that the Company has an effective registration statement under the Securities Act covering the common shares issuable upon exercise of the Public Warrants and a current prospectus relating to them is available (or the Company permits holders to exercise their Public Warrants on a cashless basis and such cashless exercise is exempt from registration under the Securities Act). The Company completed its public offering on September 30, 2021 and filed an effective registration statement (form S-1) under the Securities Act covering the common shares which was effective on December 20, 2021. The Company plans to make commercially reasonable efforts to maintain the effectiveness of such registration statement and a current prospectus relating to those common shares until the warrants expire or are redeemed, as specified in the Warrant Agreement provided that if the common shares are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elects, it will not be required to file or maintain in effect a registration statement. The Public Warrants will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. The Company evaluated the Public Warrants for liability or equity classification in accordance with the provisions of ASC 480, Distinguishing Liabilities from Equity, and ASC 815-40, Derivatives and Hedging. As the surviving entity following the Business Combination has a single class of shares issued and outstanding, the Public Warrants are classified as equity, with the fair value of the Public Warrants as of the date of the Business Combination closed to additional paid-in capital. Initial and Subsequent Measurement—Public Warrants The Public Warrants were initially recorded at fair value. The fair value of the Public Warrants as of September 30, 2021, based on the closing price of KORE.WS, was closed to additional paid-in capital and the Public Warrants will not be remeasured in subsequent reporting periods. Private Placement Warrants As part of CTAC’s IPO in 2020, CTAC completed the private sale of warrants (“Private Placement Warrants”), and each Private Placement Warrant allows the holder to purchase one share of the Company’s common stock at $11.50 per share. Subsequent to the Business Combination, 272,779 Private Placement Warrants remained outstanding as of December 31, 2022. The Private Placement Warrants and the common shares issuable upon exercise of the Private Placement Warrants were not transferable, assignable or salable until 30 days after the completion of the Business Combination (except pursuant to limited exceptions to the Company’s officers and directors and other persons or entities affiliated with the initial purchasers of the Private Placement Warrants) and they will not be redeemable by the Company (except as subject to certain conditions when the price per common share equals or exceeds $10.00) so long as they are held by the Sponsor or its permitted transferees. The Sponsor, or its permitted transferees, has the option to exercise the Private Placement Warrants on a cashless basis. If the Private Placement Warrants are held by holders other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by the holders on the same basis as the Public Warrants. The Company evaluated the Private Placement Warrants for liability or equity classification in accordance with the provisions of ASC 480, Distinguishing Liabilities from Equity, and ASC 815-40, Derivatives and Hedging. Based on the provisions governing the warrants in the applicable agreement, the Company determined that the Private Placement Warrants met the criteria and were required to be classified as a liability subject to the guidance in ASC 815-10 and 815-40 and should effectively be treated as outstanding common shares in both basic and diluted EPS calculations. Initial Measurement—Private Placement Warrants The Private Placement Warrants were initially measured at fair value. As the transfer of Private Placement Warrants to anyone outside of a small group of individuals who are permitted transferees would result in the Private Placement Warrants having substantially the same terms as the Public Warrants, the Company determined that the fair value of each Private Placement Warrant is equivalent to that of each Public Warrant, with an insignificant adjustment for short-term marketability restrictions. As such, the Private Placement Warrants are classified as Level 2. As of December 31, 2022, and 2021 the aggregate value of the Private Placement Warrants was $32.7 thousand and $0.3 million, respectively based on the closing price of KORE.WS on that date of $0.12 and $1.05, respectively. Subsequent Measurement—Private Placement Warrants The Private Placement Warrants are measured at fair value on a recurring basis based on the closing price of KORE.WS on the relevant date. The change in fair value of the warrant liability for the periods ending December 31, 2022, and 2021, resulted in a gain of $0.3 million and $5.3 million, respectively. KORE Warrants In connection with the sale of Series B preferred stock, pre-combination KORE issued warrants (“KORE Warrants”) for the purchase of common stock at an exercise price of $0.01 per warrant. Upon the closing of the Business Combination, all KORE Warrants were exercised and converted into shares of common stock. As of December 31, 2022 and 2021, there were no outstanding KORE Warrants.

NET LOSS PER SHARE

NET LOSS PER SHARE	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Earnings Per Share [Abstract]
NET LOSS PER SHARE	NOTE 9 – NET LOSS PER SHARE Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share (“EPS”) calculations for the periods ended: Three Months Ended March 31, (In thousands, USD, except share and per share amounts) 2023 2022 Numerator: Net loss $ (18,490) $ (11,572) Denominator: Weighted average common shares outstanding Basic (in number) 76,524,735 74,040,261 Diluted (in number) 76,524,735 74,040,261 Net loss per unit Basic $ (0.24) $ (0.16) Diluted $ (0.24) $ (0.16) The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive: Three Months Ended (Number of shares) March 31, 2023 2022 Common stock issued under the Backstop Agreement 9,600,031 9,600,031 Restricted stock grants with only service conditions 4,529,117 3,108,277 Private placement warrants 272,779 272,779	NET LOSS PER SHARE The Company follows the two-class method when computing net loss per common share when shares are issued that meet the definition of participating securities. The two-class method requires income available to common shareholders for the period to be allocated between common and participating securities based upon their respective rights to receive dividends as if all income for the period had been distributed. The two-class method also requires losses for the period to be allocated between common and participating securities based on their respective rights if the participating security contractually participates in losses. As holders of participating securities do not have a contractual obligation to fund losses, undistributed net losses were not allocated to participating securities in the current or comparative years presented. Earnings per share calculations for all periods prior to the Business Combination have been retrospectively restated to the equivalent number of shares reflecting the exchange ratio established in the merger agreement. Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share (“EPS”) calculations for the periods ended: (In thousands, USD) December 31, 2022 December 31, 2021 Numerator: Net loss attributable to the Company $ (106,200) $ (24,776) Less cumulative earnings to preferred shareholder — (22,822) Add premium on preferred conversion to common shares — 4,074 Net income (loss) attributable to common stockholders $ (106,200) $ (43,524) Denominator: Weighted average common shares and warrants outstanding Basic (in number) 75,710,904 41,933,050 Diluted (in number) 75,710,904 41,933,050 Net loss per unit attributable to common stockholder Basic $ (1.40) $ (1.04) Diluted $ (1.40) $ (1.04) The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive: (number of shares) December 31, December 31, Restricted stock grants with only service conditions 3,552,416 — Common stock issued under the Backstop Agreement 9,600,031 9,600,031 Private Placement Warrants 272,779 272,779 Series C Convertible Preferred Stock — 2,566,186 Stock Options — 432,500

NATURE OF OPERATIONS

NATURE OF OPERATIONS	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NATURE OF OPERATIONS	NATURE OF OPERATIONS Business Combination On March 12, 2021, Maple Holdings Inc. (“Maple” or “pre-combination KORE”) entered into a definitive merger agreement (the “Business Combination”) with Cerberus Telecom Acquisition Corp. (NYSE: CTAC). On September 29, 2021, CTAC held a special meeting, at which CTAC’s shareholders voted to approve the proposals outlined in the proxy statement filed by CTAC with the Securities Exchange Commission (the “SEC”) on August 13, 2021, including, among other things, the adoption of the Business Combination and approval of the other transactions contemplated by the merger agreement. On September 30, 2021 (the “Closing Date”), as contemplated by the merger agreement, (i) CTAC merged with and into King LLC Merger Sub, LLC (“LLC Merger Sub”) (the “Pubco Merger”), with LLC Merger Sub being the surviving entity of the Pubco Merger and King Pubco, Inc. (“Pubco”) as parent of the surviving entity, (ii) immediately prior to the First Merger (as defined below), Cerberus Telecom Acquisition Holdings, LLC (the “Sponsor”) contributed 100% of its equity interests in King Corp Merger Sub, Inc. (“Corp Merger Sub”) to Pubco (the “Corp Merger Sub Contribution”), as a result of which Corp Merger Sub became a wholly owned subsidiary of Pubco, (iii) following the Corp Merger Sub Contribution, Corp Merger Sub merged with and into Maple (the “First Merger”), with Maple being the surviving corporation of the First Merger, and (iv) immediately following the First Merger and as part of the same overall transaction as the First Merger, Maple merged with and into LLC Merger Sub (the “Second Merger” and, together with the First Merger, being collectively referred to as the “Mergers” and, together with the other transactions contemplated by the merger agreement, the “Transactions” and the Closing of the Transactions, the Business Combination), with LLC Merger Sub being the surviving entity of the Second Merger and Pubco being the sole member of LLC Merger Sub. In connection with the Business Combination, Pubco changed its name to “KORE Group Holdings, Inc.” (the “Company”). The combined Company remained listed on the NYSE under the new ticker symbol “KORE”. The Business Combination was accounted for as a reverse recapitalization whereby pre-combination KORE was determined to be the accounting acquirer and CTAC was treated as the “acquired” company for accounting purposes. The Business Combination was accounted as the equivalent of pre-combination KORE issuing stock for the net assets of CTAC, accompanied by a recapitalization whereby pre-combination KORE was determined to be the accounting acquirer. The consolidated balance sheets, statements of operations and statements of temporary equity and stockholders’ equity and these notes to the consolidated financial statements reflect the reverse recapitalization as discussed above. Reported shares and earnings per share available to common stockholders, prior to the Business Combination, have been retroactively restated to reflect the exchange ratio established in the merger agreement. The number of shares of preferred stock was also retroactively restated based on the exchange ratio. Organization The Company provides advanced connectivity services, location-based services, device solutions, managed and professional services used in the development and support of IoT technology for the Machine-to-Machine (“M2M”) market. The Company’s IoT platform is delivered in partnership with the world’s largest mobile network operators and provides secure, reliable wireless connectivity to mobile and fixed devices. This technology enables the Company to expand its global technology platform by transferring capabilities across new and existing vertical markets and delivers complimentary products to channel partners and resellers worldwide.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. KORE Group Holdings, Inc. and its Subsidiaries (“the Company”) use the same accounting policies in preparing quarterly and annual financial statements. Therefore, these consolidated financial statements and accompanying notes should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022. All significant intercompany balances and transactions have been eliminated. In the opinion of management, the accompanying consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, comprehensive loss, stockholders’ equity, and cash flows for the interim periods but are not necessarily indicative of the results of operations to be anticipated for the full year 2023 or any future period. Recently Adopted Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the FASB. ASUs not listed below were assessed and determined to be either not applicable or did not have a material impact on the Company's consolidated financial statements. The following ASUs have been adopted by the Company since the Company’s last Annual Report on Form 10-K. ASU 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments The Company adopted ASU 2016-13, on January 1, 2023, utilizing the modified retrospective method. The adoption of ASU 2016-13 modified the measurement of expected credit losses on certain financial instruments such as trade receivables that result from revenue transactions within the scope of ASC 606. The Company adopted ASU 2016-13 utilizing the loss rate method which considers historical loss rates, adjusted for current conditions, and reasonable and supportable forecasts to its trade receivable balances. The adoption of ASU 2016-13 did not have a material impact on the Company’s consolidated financial statements. ASU 2022-04, Liabilities—Supplier Finance Programs (Topic 405-50) - Disclosure of Supplier Finance Program Obligations The Company adopted ASU 2022-04, on January 1, 2023, except for the annual roll forward requirement which is effective for fiscal years beginning after December 15, 2023. The standard requires entities that use supplier finance programs to disclose the key terms, including a description of payment terms, the confirmed amount outstanding under the program at the end of each reporting period, a description of where those obligations are presented on the balance sheet, and an annual roll forward, including the amount of obligations confirmed and the amount paid during the period. The guidance does not affect the recognition, measurement, or financial statement presentation of obligations covered by supplier finance programs. See Note 5 for details of the program under the Premium Finance Agreement. Recently Issued Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the FASB. ASUs not listed here were assessed and determined to be either not applicable or are not expected to have a material impact on the Company's consolidated financial statements.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Company’s consolidated financial statements are expressed in U.S. dollars and have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). Intercompany balances and transactions were eliminated upon consolidation. The preparation of consolidated financial statements in conformity with US GAAP requires management to make use of estimates and assumptions that affect the reported amounts and disclosures. The Business Combination was accounted for as a reverse recapitalization as pre-combination KORE was determined to be the accounting acquirer under Financial Accounting Standard Board's ("FASB") ASC Topic 805, Business Combination (“ASC 805”). Pre-combination KORE was determined to be the accounting acquirer based on the evaluation of the following facts and circumstances: • the equity holders of pre-combination KORE held the majority (54%) of voting rights in the Company; • the senior management of pre-combination KORE became the senior management of the Company; • in comparison with CTAC, pre-combination KORE has significantly more revenues and total assets and a larger net loss; and, • the operations of pre-combination KORE comprise the ongoing operations of the Company, and the Company assumed pre-Combination KORE’s headquarters. Accordingly, for accounting purposes, the financial statements of the Company represent a continuation of the financial statements of pre-combination KORE with the acquisition being treated as the equivalent of pre-combination KORE issuing stock for the net assets of CTAC, accompanied by a recapitalization. The net assets of CTAC were stated at historical cost, with no goodwill or other intangible assets recorded. Pre-combination KORE was deemed to be the predecessor and the consolidated assets and liabilities and results of operations prior to September 30, 2021 are those of pre-combination KORE. Reported shares and earnings per share available to common stockholders, prior to the Business Combination, have been retroactively restated to reflect the exchange ratio established in the merger agreement. The number of shares of preferred stock was also retroactively restated based on the exchange ratio. Foreign Currency The functional currency of the Company’s foreign subsidiaries is generally the local currency. Any transactions recorded in the Company’s foreign subsidiaries denominated in a currency other than the local currency are remeasured using current exchange rates each reporting period with the resulting unrealized gains or losses being included in selling, general and administrative expenses in the consolidated statements of operations. For consolidation purposes, all assets and liabilities denominated in a foreign currency are translated into U.S. dollars at the exchange rate on the balance sheet date. Revenues and expenses are translated at the average exchange rate during the period. Equity transactions are translated using historical exchange rates. Adjustments resulting from translating foreign functional currency financial statements into U.S. dollars are recorded as part of a separate component of stockholders’ equity and reported in the consolidated statements of comprehensive loss. Segments Operating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the CODM in deciding how to allocate resources to the individual segment and in assessing performance. The Company’s CODM is its Chief Executive Officer. The Company has determined that it operates in one operating segment and one reportable segment, as the CODM reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance. Use of Estimates The preparation of consolidated financial statements, in conformity with US GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the consolidated financial statements relate to the following; (1) revenue recognition such as determining the nature and timing of the satisfaction of performance obligations, (2) revenue reserves, (3) allowances for accounts receivable, (4) inventory obsolescence, (5) the measurement of assets acquired and liabilities assumed in business combinations at fair value, (6) assessment of indicators of goodwill impairment and the determination of the fair value of the Company’s reporting unit, (7) determination of useful lives of the Company’s intangible assets and equipment, (8) the assessment of expected cash flows used in evaluating long-lived assets for impairment, (9) the calculation of capitalized software costs, and (10) accounting for uncertainties in income tax positions. Although these estimates are based on management’s best knowledge of current events and actions that the Company may undertake in the future, actual results may be different from these estimates. Revenue Recognition We recognize revenue under ASC 606, Revenue from Contracts with Customers by apply the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, the Company satisfies a performance obligation. Payments are generally due and received within 30-60 days from the point of billing customers. The Company derives revenues primarily from IoT Connectivity and IoT Solutions. Connectivity arrangements provide customers with secure and reliable wireless connectivity to mobile and fixed devices through various mobile network carriers. Revenue from IoT Connectivity consists of monthly recurring charges (“MRC’s”) and overage/usage charges, and contracts are generally short-term in nature (i.e., month-to-month arrangements). Revenue for MRC’s and overage/usage charges are recognized over time as the Company satisfies the performance obligation (generally starting when an enrolled device is activated on the Company’s platform). Most of the MRC’s are billed monthly in advance (generally in the last week of a month); any amounts billed for which the service has not been provided as of the balance sheet dates are reported as a contract liability and components of deferred revenue. Overage/usage charges are billed in arrears on a monthly cycle. Overage/usage charges are evaluated on a monthly basis, and any overage/usage charges determined by management as unlikely to be collected due to a customer disputing the charge or due to a concession are reserved. Reserved items are written off when deemed uncollectible or recognized as revenue if collected. Certain IoT Connectivity customers also have the option to purchase products and/or equipment (e.g. subscriber identification module or “SIM” cards, routers, phones, or tablets) from the Company on an as needed basis. Product sales to IoT Connectivity customers are recognized when control is transferred to the customer, which is typically upon shipment of the product. IoT Solutions arrangements include device solutions (including connectivity), deployment services, and/or technology-related professional services. Management evaluates each IoT Solutions arrangement to determine the contract for accounting purposes. If a contract contains more than one performance obligation, consideration is allocated to each performance obligation based on standalone selling prices (“SSPs”). When available, the Company uses observable prices to determine SSPs. When observable prices are not available, SSPs are established that reflect the Company's best estimates of what the selling price of the performance obligations would be if they were sold regularly on a stand-alone basis. The Company's process for estimating SSPs without observable prices consider multiple factors that may vary depending upon the unique facts and circumstances related to each performance obligation including, where applicable, prices charged by the Company for similar offerings, market trends in the pricing for similar offerings, product-specific business objectives and the estimated cost to provide the performance obligation. Hardware, deployment services, and connectivity services generally have readily observable prices. The standalone selling price of our warehouse management services (which is associated with our bill-and-hold inventory and determined to be immaterial as discussed below) was determined using a cost-plus-margin approach with the primary assumptions including Company profit objectives, internal cost structure, and current market trends. Device and other hardware sales in IoT Solutions arrangements are generally accounted for as separate contracts since the customer is not obligated to purchase additional services when committing to the purchase of any products. Such sales are typically recognized upon shipment to the customer. However, in certain contracts, the customer has requested the Company to hold the products ordered for later shipment to the customer’s remote location or to the customer’s end user as a part of a vendor managed inventory model. In these situations, management has concluded that transfer of control to the customer occurs prior to shipment. In these “bill-and-hold” arrangements, the right to invoice, transfer of legal title and transfer of the risk and rewards associated with the products occurs when the Company receives the hardware from a third-party vendor and has deemed it to be functional. Additionally, the products are identified both physically and systematically as belonging to a specific customer, are usable by the customer, and are only shipped, used, or disposed as directed by the specific customer. Based on these factors, management recognizes revenue on bill-and-hold hardware when the hardware is received by the Company and deemed functional. As part of the bill-and-hold arrangements, the Company performs a service related to the storage of the hardware. The Company has determined that any storage fee related to bill-and-hold inventory is immaterial to the consolidated financial statements taken as a whole. Deployment services consist of the Company preparing hardware owned by a customer for use by a customer’s end user. Deployment and connectivity may both be included within a single IoT Solutions contract and are considered separate performance obligations. While consideration for deployment services is generally fixed when ordered by the client, consideration for connectivity services is variable and solely related to the connectivity services. Therefore, the fixed consideration is allocated to the deployment services and is recognized as revenue when the services are provided (i.e. when the related hardware is shipped to the customer). Connectivity within IoT Solutions contracts are recognized similar to the IoT Connectivity as described above, since such contracts are generally short term in nature and variability is resolved each month as the services are provided. Professional services are generally provided over a contract term of one to two months. Revenue is recognized over time on an input method basis (typically, based on hours completed to date and an estimate of total hours to complete the project). There are no material instances where variable consideration is constrained and not recorded at the initial time of sale. Product returns are recorded as a reduction to revenue based on anticipated sales returns that occur in the normal course of business and are immaterial for the years ended December 31, 2022, and 2021. The Company primarily has assurance-type warranties that do not result in separate performance obligations. The Company does not have material unfulfilled performance obligation balances for contracts with an original length greater than one year in any of the years presented. Additionally, the Company does not have material costs related to obtaining a contract with amortization periods greater than one year for any of the years presented. Overage usage charges are evaluated on a monthly basis, and any overage/usage charges determined by management as unlikely to be collected due to a customer disputing the charge or due to a concession are reserved in the month billed and are not initially recognized as revenue. These amounts are netted against accounts receivable and reversed when credited to the customer account, generally no longer than one to two months after initial billing. The Company applies ASC 606 utilizing the following allowable exemptions or practical expedients: • Exemption to not disclose the unfulfilled performance obligation balance for contracts with an original length of one year or less. • Practical expedient to recognize the incremental costs of obtaining a contract as an expense when incurred if the amortization period of the asset that the entity otherwise would have recognized is one year or less. • Election to present revenue net of sales taxes and other similar taxes. • Election from recognizing shipping and handling activities as a separate performance obligation. • Practical expedient not requiring the entity to adjust the promised amount of consideration for the effects of a significant financing component if the entity expects, at contract inception, that the period between when the entity transfers a promised good or service to a customer and when the customer pays for that good or service will be one year or less. Restricted Cash Restricted cash represents cash deposits held with financial institutions for letters of credit and is not available for general corporate purposes. Concentrations of Credit Risk and Off-Balance-Sheet Risk Cash is a financial instrument that is potentially subject to concentrations of credit risk. The Company’s cash is deposited in accounts at large financial institutions, and amounts may exceed federally insured limits. The Company believes it is not exposed to significant credit risk due to the financial strength of the depository institutions in which the cash is held. The Company has no other financial instruments with off-balance-sheet risk of loss. Accounts Receivable, Net of Allowance for Doubtful Accounts The carrying amount of accounts receivable is reduced by a valuation allowance that reflects management’s best estimate of the amounts that will not be collected. Management reviews all accounts receivable balances that exceed terms from the invoice date individually, and based on an assessment of current creditworthiness, past payment history, and historical loss experience, and provides an allowance for the portion, if any, of the balance not expected to be collected. All accounts or portions thereof considered uncollectible or require excessive collection costs are written off to the allowance for doubtful accounts and recorded under selling, general and administrative expense in the consolidated statements of operations. Inventories The Company records its inventory, which primarily consists of finished goods such as SIM cards, other hardware and packaging materials, using the first-in, first-out method, except for certain legacy acquisition that use weighted average cost method to account for approximately 14% of the total consolidated inventory. Certain items in inventory require limited assembly procedures to be performed before shipping the items to customers. Due to the insignificant nature and cost associated with the assembly procedures, the Company classifies these items as finished goods. Inventories are stated at the lower of cost or net realizable value. The Company performs ongoing evaluations and maintains a reserve if necessary for slow-moving and obsolete items, based upon factors surrounding the inventory age, amount of inventory on hand and projected sales. Property and Equipment The Company’s property and equipment primarily consist of computer hardware and software, networking equipment as well as furniture and fixtures. Property and equipment are recorded at cost and are depreciated over their estimated useful lives using the declining-balance method at the following annual rates: Computer hardware and software 30 % Networking equipment 20 % Furniture and fixtures 20 % Maintenance, repairs, and ordinary replacements are recorded under selling, general and administrative expenses in the consolidated statement of operations as incurred. Expenditures for improvements that extend the physical or economic life of the property are capitalized. Leasehold improvements are depreciated using the straight-line method over the shorter of the estimated useful life or the remaining term of the lease. The Company includes computer software in property and equipment as the software is integral to enabling the functioning of the hardware. Leases At the beginning of the first quarter of fiscal 2022, the Company adopted the FASB Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) (“ASU 2016-02”), and additional ASUs issued to clarify and update the guidance in ASU 2016-02 (collectively, the “new leases standard”). The Company leases real estate, computer hardware and vehicles for use in our operations under both operating and finance leases. The Company assesses whether an arrangement is a lease or contains a lease at inception. For arrangements considered leases or that contain a lease that is accounted for separately, we determine the classification and initial measurement of the right-of-use asset and lease liability at the lease commencement date, which is the date that the underlying asset becomes available for use. For both operating and finance leases, we recognize a right-of-use asset, which represents our right to use the underlying asset for the lease term, and a lease liability, which represents the present value of our obligation to make payments arising over the lease term. The present value of our obligation to make payments is calculated using the incremental borrowing rate for operating and finance leases. The incremental borrowing rate is determined using a portfolio approach based on the rate of interest that the Company would have to pay to borrow an amount equal to the lease payments on a collateralized basis over a similar term. Management uses the unsecured borrowing rate and risk-adjusts that rate to approximate a collateralized rate, which will be updated on an annual basis for the measurement of new lease liabilities. In those circumstances where the Company is the lessee, we have elected to account for non-lease components associated with our leases (e.g., common area maintenance costs) and lease components as a single lease component for all of our asset classes. Operating lease cost for operating leases is recognized on a straight-line basis over the term of the lease and is included in selling, general and administrative expense in our consolidated statements of operations, based on the use of the facility on which rent is being paid. Operating leases with a term of 12 months or less are not recorded on the balance sheet; we recognize a rent expense for these leases on a straight-line basis over the lease term. The Company recognizes the amortization of the right-of-use asset for our finance leases on a straight-line basis over the shorter of the term of the lease or the useful life of the right-of-use asset in depreciation and amortization expense in our consolidated statements of operations. The interest expense related to finance leases is recognized using the effective interest method based on the discount rate determined at lease commencement and is included within interest expense in our consolidated statements of operations. Internal Use Software Certain costs of platform and software applications developed for internal use are capitalized as intangible assets. Capitalization of costs begins when two criteria are met: (i) the preliminary project stage is completed (i.e. application development stage) and (ii) it is probable that the software will be completed and used for its intended function. The Company also capitalizes costs related to specific upgrades and enhancements when it is probable the expenditure will result in additional functionality. Costs incurred for maintenance, minor upgrades and enhancements are recorded under selling, general and administrative expenses in the consolidated statement of operations as incurred. Costs related to preliminary project activities and post-implementation operating activities are also recorded under selling, general and administrative expenses in the consolidated statement of operations as incurred. The Company amortizes the capitalized costs on a straight-line basis over the useful life of the asset. Refer to “Note 9, Goodwill and Other Intangible Assets” to the consolidated financial statements, for further detail of the Company’s average useful lives for capitalized internal use computer software. Business Combinations The Company allocates the fair value of the consideration transferred to the assets acquired and liabilities assumed based on their fair values at the acquisition date. The excess of the fair value of consideration transferred over the fair value of the assets acquired, and liabilities assumed is recorded as goodwill. Acquisition-related expenses and restructuring costs are recognized separately from the business combination and expensed as incurred. All changes in accounting for deferred tax asset valuation allowances and acquired income tax uncertainties after the measurement period are recognized as a component of provision for income taxes. When determining the fair values of assets acquired and liabilities assumed, management makes significant estimates and assumptions, especially with respect to intangible assets. Critical estimates in valuing intangible assets include expected future cash flows based on consideration of future growth rates and margins, customer attrition rates, future changes in technology and brand awareness and discount rates. Fair value estimates are based on the assumptions management believes a market participant would use in pricing the asset or liability. While the Company uses its best estimates and assumptions as a part of the purchase price allocation process to accurately value assets acquired and liabilities assumed as of the acquisition date, its estimates and assumptions are inherently uncertain and subject to refinement. As a result, during the preliminary purchase price measurement period, which may be up to one year from the acquisition date, the Company records adjustments to the provisional amounts recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date, with a corresponding offset to goodwill. The Company records adjustments to assets acquired or liabilities assumed subsequent to the preliminary purchase price measurement period in its operating results in the period in which the adjustments were determined. Fair Value Measurements The Company applies the provisions of ASC 820, Fair Value Measurements, for fair value measurements of financial assets and financial liabilities and for fair value measurements of non-financial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company also applied the provisions of the subtopic to fair value measurements of non-financial assets and non-financial liabilities that are recognized or disclosed at fair value in the financial statements on a non-recurring basis. The subtopic defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The subtopic also establishes a framework for measuring fair value and expands disclosures about fair value measurements. The fair value framework requires the Company to categorize certain assets and liabilities into three levels, based upon the assumptions used to price those assets or liabilities. The three levels are defined as follows: Level 1. Quoted prices in active markets for identical assets or liabilities. Level 2. Quoted prices for similar assets and liabilities in active markets or inputs that are observable. Level 3. Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability. The Company has determined the estimated fair value of its financial instruments based on appropriate valuation methodologies; however, considerable judgment is required to develop these estimates. Accordingly, these estimated fair values are not necessarily indicative of the amounts the Company could realize in a current market exchange. The estimated fair values can be materially affected by using different assumptions or methodologies. The methods and assumptions used in estimating the fair values of financial instruments are based on carrying values and future cash flows. Cash is stated at cost, which approximates fair value. The carrying amounts reported in the balance sheet for accounts receivable, accounts payable, and accrued liabilities approximate fair value, due to their short-term maturities. Long-term debt is carried at amortized cost using the effective interest rate method. The Company’s outstanding borrowings are not required to be measured at fair value at the end of each reporting period. The carrying and fair values of the Company’s outstanding borrowings are disclosed at the end of each reporting period in “Note 10 – Long Term Debt and Other Borrowings, net” to the consolidated financial statements. The Notes under the Backstop agreement, are carried at amortized cost using the effective interest rate method and is disclosed in “Note 10 – Long Term Debt and Other Borrowings, net” to the consolidated financial statements. The Company has outstanding private warrants (“Private Warrants”) issued for the purchase of common stock, which are liability-classified. The Private Warrants are marked to fair value using the fair value of the Company's public warrants that trade on the NYSE, therefore are evaluated as Level 2 for fair value as disclosed in “Note 14 - Warrants on Common Stock” to the consolidated financial statements. Stock-Based Compensation The Company has had several stock-based compensation plans, which are more fully described in “Note 13 - Stock-Based Compensation”, to the consolidated financial statements. Stock-based compensation is generally recognized as an expense following the straight-line attribution method over the requisite service period. The fair value of stock-based compensation is measured on the grant date based on the grant-date fair value of the awards using the lattice model. Intangible Assets Identifiable intangible assets acquired individually or as part of a group of other assets are initially recognized and measured at cost. The cost of a group of intangible assets acquired in a transaction, including those acquired in a business combination that meet the specified criteria for recognition apart from goodwill, is the sum of the individual assets acquired based on their acquisition date fair values. The cost incurred to enhance the service potential of an intangible asset is capitalized as a betterment. Identifiable intangible assets comprise assets that have a definite life amortized on a straight-line basis over their estimated useful lives as follows: Customer relationships 10-13 years Technology 5-9 years Carrier contracts 10 years Trademarks 9-10 years Internally developed computer software 3-5 years The Company capitalizes costs directly related to the design, deployment and enhancements of its internal operating support systems, including employee-related costs. Goodwill Goodwill represents the excess fair value of consideration transferred over the fair value of the net identifiable assets acquired in a business combination. Goodwill is evaluated annually on October 1st for impairment or more frequently if impairment indicators are present. A qualitative assessment is performed to determine whether the existence of events or circumstances leads to a determination that it is more likely than not the fair value of the reporting unit is less than its carrying amount. Qualitative factors considered are macroeconomics conditions such as geographical location and fluctuations in foreign exchange, industry and market conditions, financial performance including both profitability and cash flows from operations, entity-specific events and share price trends. If, based on the qualitative assessment, it is determined that it is more likely than not the fair value of the reporting unit is less than its carrying amount, then a quantitative test is performed and an impairment loss is recognized in an amount equal to the excess of the carrying value over the fair value of the reporting unit, limited to the total amount of goodwill allocated to that reporting unit. Under a quantitative test, the Company obtains a third-party valuation of the fair value of the reporting unit. Assumptions used in the fair value calculation include revenue growth and profitability, terminal values, discount rates, and implied control premium. These assumptions are consistent with those the Company believes hypothetical marketplace participants would use. Deferred Financing Costs Deferred financing costs consist principally of debt issuance costs which are being amortized using the effective interest method over the terms of the related debt agreements and are presented in the consolidated balance sheets as direct deductions from long-term debt. Issuance costs for credit facilities are recorded in other long-term assets in the consolidated balance sheets and are amortized over the term of the agreement using the straight-line method. Defined Contribution Plans The Company sponsors defined contribution plans (the “Plans”) that cover our domestic and international employees following the completion of an eligibility period. Under the Plans, participating employees may defer a portion of their pretax earnings up to the limits provided by local statutory requirements. The Company makes matching contributions, subject to limits of the base compensation that a participant contributes to the Plan. The Company’s matching contributions vest over up to a maximum of four years from the participant’s date of hire. The Company records its portion of matching contributions as an expense within the selling, general and administrative financial statement line item. The Company contributed in aggregate $0.5 million, and $0.4 million for fiscal years 2022 and 2021, respectively. Impairment of Long-Lived Assets The Company reviews long-lived assets, such as property and equipment, and purchased intangibles subject to amortization, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. Assets to be disposed of by sale would be separately presented in the consolidated balance sheet and reported at the lower of the carrying amount or fair value less costs to sell and are no longer depreciated. The assets and liabilities of a group classified as held for sale would be presented separately in the appropriate asset and liability sections of the consolidated balance sheet. There were no assets classified as held for sale at any of the balance sheet dates presented. Income Taxes The Company provides for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company recognized the effect o

REVISION OF PREVIOUSLY REPORTED

REVISION OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2022
Accounting Changes and Error Corrections [Abstract]
REVISION OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS	NOTE 3 – REVISION OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS In connection with the Company’s review of our intercompany transfer pricing methodology, and in preparation of finalizing the consolidated financial statements for the year ended December 31, 2022, the Company identified errors in its historical financial statements relating to income taxes and indirect taxes. The Company assessed the materiality of these errors along with other immaterial errors from previous reviews and annual audits in 2021, and 2022 under ASC 250, “Accounting Changes and Error Corrections,” Staff Accounting Bulletin No. 99, “Materiality,” and Staff Accounting Bulletin No. 108, “Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements” and concluded that the annual consolidated financial statements for the year ended December 31, 2021, and the unaudited interim consolidated financial statements for the first three quarters of 2021, and 2022 were not materially misstated but should be revised. The amounts and disclosures included in this Form 10-K have been revised to reflect the correct presentation. Income Tax Adjustments In connection with a review of the Company’s intercompany transfer pricing methodology, we determined that the Company should have recorded income tax expense related to an uncertain tax position associated with certain intercompany balances between our legal entities in several domestic and foreign jurisdictions. Management has concluded that we have an income tax exposure on a consolidated basis which resulted in an understatement of income tax expense and other long-term liabilities for the following amount: • For the year ended December 31, 2021 - $0.7 million. • First quarter of 2021 - $0.2 million. • Second quarter of 2021 - $0.2 million. • Third quarter of 2021 - $0.3 million. • First quarter of 2022 - $0.4 million. • Second quarter of 2022 - $0.4 million. • Third quarter of 2022 - $0.8 million. Indirect Tax Adjustments As part of our fourth quarter 2022 financial statement close process, we determined that the Company should have accrued a liability relating to a historical indirect tax exposure on customer invoices in two subsidiaries within the same foreign jurisdiction. The error resulted in the Company understating selling, general, and administrative expenses and other long-term liabilities for the following amount: • For the year ended December 31, 2021 - $0.5 million. • For each of the three quarters of 2021 - $0.1 million. • For each of the three quarters of 2022 - $0.1 million. Other Adjustments In addition to the income tax and indirect tax errors discussed above, management has decided to revise our financial statements to reflect several immaterial errors identified in prior year audits and quarterly reviews. These immaterial errors relate to the following: • Customer billing error resulted in an understatement of revenue and account receivable of approximately $0.05 million for each of the quarters in 2021 and 2022 and $0.22 million for the year ended December 31, 2021. • A misallocation of the purchase price relating to a prior business combination resulted in an overstatement of intangible assets and an understatement of goodwill, which resulted in an overstatement of intangible asset amortization expense of $0.02 million for each of the quarters in 2021 and 2022 and $0.08 million for the year ended December 31, 2021. • Initial public offering costs of $1.4 million should have been expensed in the quarter ended March 31, 2021 instead of the quarter ended June 30, 2021. We inappropriately capitalized such cost as of March 31, 2021. • Revenue of $0.6 million should have been recognized in the quarter ended June 30, 2022 instead of the quarter ended September 30, 2022. • Tax effect on pre-tax book loss resulting in either an understatement/overstatement of income tax expense/(benefit) and other long-term liabilities for the following periods: • For the year ended December 31, 2021 - $0.19 million. • First quarter of 2021 - ($0.23) million. • Second quarter of 2021 - $0.69 million. • Third quarter of 2021 - ($0.46) million. • First quarter of 2022 - ($0.04) million. • Second quarter of 2022 - $0.14 million. • Third quarter of 2022 - ($0.07) million. • Several immaterial cutoff errors between quarters related to revenue, cost of sales, and selling, general & administrative expenses. The following tables present the impact of the revisions on our annual consolidated financial statements for the year ended December 31, 2021, including the impact to the accumulated other comprehensive income (loss) and the accumulated deficit balances as of December 31, 2020. The revised unaudited interim consolidated financial statements are included in Note 17 to the consolidated financial statements. KORE Group Holdings, Inc. and Subsidiaries Consolidated Balance Sheets (In thousands USD, except share and per share amounts) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments* As revised Assets Current assets Cash $ 85,976 — — — $ 85,976 Accounts receivable, net 51,304 — — 311 51,615 Inventories, net 15,470 — — — 15,470 Income taxes receivable 954 — — (20) 934 Prepaid expenses and other receivables 7,448 — — (85) 7,363 Total current assets 161,152 — — 206 161,358 Non-current assets Restricted cash 367 — — — 367 Property and equipment, net 12,240 — — — 12,240 Intangibles assets, net 203,474 — — (924) 202,550 Goodwill 381,962 — — 1,453 383,415 Other long-term assets 407 — — — 407 Total assets $ 759,602 $ — $ — $ 735 $ 760,337 Liabilities and stockholders’ equity Current liabilities Accounts payable $ 16,004 — — — $ 16,004 Accrued liabilities 21,311 — — 1,042 22,353 Income taxes payable 467 — — — 467 Current portion of capital lease obligations 191 — — (191) — Deferred revenue 6,889 — — — 6,889 Current portion of long-term debt and other borrowings, net 3,326 — — — 3,326 Total current liabilities 48,188 — — 851 49,039 Non-current liabilities Deferred tax liabilities 36,722 1,435 — (232) 37,925 Warrant liability 286 — — — 286 Capital lease obligations 264 — — (264) — Long-term debt and other borrowings, net 399,115 — — — 399,115 Other long-term liabilities 2,884 1,994 1,257 315 6,450 Total liabilities $ 487,459 $ 3,429 $ 1,257 $ 670 $ 492,815 Stockholders’ equity Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 72,027,743 shares issued and outstanding at December 31, 2021 $ 7 — — — $ 7 Additional paid-in capital 413,646 — — (331) 413,315 Accumulated other comprehensive loss (3,331) (46) — (86) (3,463) Accumulated deficit (138,179) (3,383) (1,257) 482 (142,337) Total stockholders’ equity 272,143 (3,429) (1,257) 65 267,522 Total liabilities and stockholders’ equity $ 759,602 $ — $ — $ 735 $ 760,337 __________________ * Certain reclassifications have been made to the 2021 consolidated balance sheet to conform to the 2022 presentation for leases. KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Operations (In thousands USD, except share and per share amounts) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other Adjustments As Revised Revenue Services $ 187,962 $ — $ — $ 218 $ 188,180 Products 60,255 — — — 60,255 Total revenue 248,217 — — 218 248,435 Cost of revenue Cost of services 69,867 — — (482) 69,385 Cost of products 52,357 — — (382) 51,975 Total cost of revenue (exclusive of depreciation and amortization shown separately below) 122,224 — — (864) 121,360 Operating expenses — Selling, general and administrative 91,733 — 457 113 92,303 Depreciation and amortization 50,414 — — (83) 50,331 Total operating expenses 142,147 — 457 30 142,634 Operating loss (16,154) — (457) 1,052 (15,559) Interest expense, including amortization of deferred financing costs, net 23,260 — — — 23,260 Change in fair value of warrant liability (5,267) — — — (5,267) Loss before income taxes (34,147) — (457) 1,052 (33,552) Income tax expense (benefit) (9,694) 732 — 186 (8,776) Net loss $ (24,453) $ (732) $ (457) $ 866 $ (24,776) Loss per share: Basic $ (1.03) $ (0.02) $ (0.01) $ 0.02 $ (1.04) Diluted $ (1.03) $ (0.02) $ (0.01) $ 0.02 $ (1.04) Weighted average shares outstanding (in Number): Basic 41,933,050 — — — 41,933,050 Diluted 41,933,050 — — — 41,933,050 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Comprehensive Loss (In thousands USD) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other Adjustments As Revised Net loss $ (24,453) $ (732) $ (457) $ 866 $ (24,776) Other comprehensive income (loss): Foreign currency translation adjustment (1,654) 53 — (300) (1,901) Comprehensive loss $ (26,107) $ (679) $ (457) $ 566 $ (26,677) KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Temporary Equity and Stockholders’ Equity (In thousands, USD, except share amounts) Series A Preferred Series A-1 Series B Preferred Series C Convertible Total Temporary Equity Common Stock Additional paid-in capital Accumulated Accumulated Total Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Derecognition of shares — — — — — — (45,818) (300) (300) — — — — — — Accrued dividends payable 765,609 7,656 824,076 8,241 692,543 6,925 — — 22,822 — — (22,822) — — (22,822) Foreign currency translation adjustment — — — — — — — — — — — — (1,654) — (1,654) Share-based compensation — — — — — — — — — 200,426 — (1,856) — — (1,856) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,943 — — — — — — — — — 10,373,491 1 6,428 — — 6,429 Conversion of KORE warrants — — — — — — — — — 1,365,612 — 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $8123 — — — — — — — — — 22,686,326 2 216,875 — — 216,877 Equity portion of convertible debt, net of deferred financing costs of $384, net of sponsor shares of $683, net of deferred tax liability of $3,999 — — — — — — — — — — — 12,240 — — 12,240 Net loss — — — — — — — — — — — — — (24,453) (24,453) Balance at December 31, 2021 — $ — — $ — — $ — — $ — $ — 72,027,743 $ 7 $ 413,646 $ (3,331) $ (138,179) $ 272,143 Adjustments Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) Derecognition of shares — — — — — — 45,818 300 300 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — (247) — (247) Private offering and merger financing — — — — — — — — — — — (331) — — (331) Net loss — — — — — — — — — — — — — (323) (323) Total Adjustments — — — — — — — — — — — $ (331) $ (132) $ (4,158) $ (4,621) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Derecognition of shares — — — — — — — — — — — — — — — Accrued dividends payable 765,609 7,656 824,076 8,241 692,543 6,925 — — 22,822 — — (22,822) — — (22,822) Foreign currency translation adjustment — — — — — — — — — — — — (1,901) — (1,901) Share-based compensation — — — — — — — — — 200,426 — (1,856) — — (1,856) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,943 — — — — — — — — — 10,373,491 1 6,428 — — 6,429 Conversion of KORE warrants — — — — — — — — — 1,365,612 — 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $8123 — — — — — — — — — 22,686,326 2 216,544 — — 216,546 Equity portion of convertible debt, net of deferred financing costs of $384, net of sponsor shares of $683, net of deferred tax liability of $3,999 — — — — — — — — — — — 12,240 — — 12,240 Net loss — — — — — — — — — — — — — (24,776) (24,776) Balance at December 31, 2021 — $ — — $ — — $ — — $ — $ — 72,027,743 $ 7 $ 413,315 $ (3,463) $ (142,337) $ 267,522 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Cash Flows (In thousands USD) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments As Revised Cash flows from operating activities Net loss $ (24,453) $ (732) $ (457) $ 866 $ (24,776) Adjustments to reconcile net loss to net cash (used in) provided by operating activities Depreciation and amortization 50,414 — — (83) 50,331 Amortization of deferred financing costs 2,097 — — — 2,097 Amortization of discount on Backstop Notes 424 — — — 424 Deferred income taxes (9,871) 323 (143) (9,691) Non-cash foreign currency loss 344 — — — 344 Share-based compensation 4,564 — — — 4,564 Provision for doubtful accounts 322 — — — 322 Change in fair value of warrant liability (5,267) — — — (5,267) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (11,884) — — (218) (12,102) Inventories (9,875) — — — (9,875) Prepaid expenses and other receivables (1,700) — — 456 (1,244) Accounts payable and accrued liabilities (8,371) 409 457 (914) (8,419) Deferred revenue (805) — — — (805) Income taxes payable (697) — — 36 (661) Cash used in operating activities $ (14,758) $ — $ — $ — $ (14,758) Cash flows used in investing activities Additions to intangible assets (9,247) — — — (9,247) Additions to property and equipment (4,172) (4,172) Net cash (used) in investing activities $ (13,419) $ — $ — $ — $ (13,419) Cash flows from financing activities Proceeds from revolving credit facility 25,000 — — — 25,000 Repayment on revolving credit facility (25,000) — — — (25,000) Repayment of term loan (3,161) — — — (3,161) Repayment of other borrowings - notes payable (173) — — — (173) Proceeds from convertible debt 104,167 — — — 104,167 Proceeds from equity portion of convertible debt, net of issuance costs 15,697 — — — 15,697 Payment of deferred financing costs (1,579) — — — (1,579) Repayment of related party note (1,538) — — — (1,538) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments As Revised Proceeds from CTAC and PIPE financing, net of issuance costs 223,688 — — — 223,688 Settlements of preferred shares (229,915) — — — (229,915) Payment of capital lease obligations (828) — — — (828) Payment of stock option share employee withholding taxes (2,305) — — — (2,305) Cash provided by/(used in) financing activities $ 104,053 $ — $ — $ — $ 104,053 Effect of Exchange Rate Change on Cash (226) — — — (226) Change in Cash and Restricted Cash 75,650 — — — 75,650 Cash and Restricted Cash, beginning of period 10,693 — — — 10,693 Cash and Restricted Cash, end of period $ 86,343 $ — $ — $ — $ 86,343 Non-cash investing and financing activities: Equity financing fees accrued $ 3,602 $ — $ — $ — $ 3,602 Common shares issued to preferred shareholders 56,502 — — — 56,502 Equity financing fees settled in common shares 1,863 — — — 1,863 Common shares issued to warrant holders 10,663 — — — 10,663 Common shares issued to option holders pursuant to the Cancellation Agreements 1,072 — — — 1,072 Sponsor shares distributed to lender under Backstop Agreement 683 — — — 683 Supplemental cash flow information: Interest paid $ 19,874 $ — $ — $ — $ 19,874 Taxes paid (net of refunds) 957 — — — 957 KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Temporary Equity and Stockholders’ Equity (In thousands, USD, except share amounts) (unaudited) Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Deficit Total Stockholders’ Equity Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 (as previously reported) 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (900) — (900) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,081) (1,081) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,566,186 16,802 271,288 30,281,520 3 128,538 (2,577) (114,807) 11,157 Adjustments Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) March 31, 2021 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — 4 — 4 Net loss — — — — — — — — — — — — — (918) (918) Total Adjustments - March 31, 2021 — — — — — — (45,818) (300) (300) — — — 119 (4,753) (4,634) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (896) — (896) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,999) (1,999) Balance at March 31, 2021 8,004,780 $ 80,048 8,128,665 $ 81,287 9,315,136 $ 93,151 2,520,368 $ 16,502 $ 270,988 30,281,520 $ 3 $ 128,538 $ (2,458) $ (119,560) $ 6,523 KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In thousands USD) (unaudited) For the three months ended March 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments Revised Cash flows from operating activities Net loss $ (1,081) $ (238) $ (114) $ (566) $ (1,999) Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization 13,114 — — (21) 13,093 Amortization of deferred financing costs 524 — — — 524 Deferred income taxes (1,366) 238 — (259) (1,387) Non-cash foreign currency loss (70) — — — (70) Share-based compensation 315 — — — 315 Provision for doubtful accounts (18) — — — (18) Change in fair value of warrant liability (2,424) — — — (2,424) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (1,855) — — (55) (1,910) Inventories (878) — — — (878) Prepaid expenses and other receivables (5,375) — — 1,274 (4,101) Accounts payable and accrued liabilities (13,311) — 114 (365) (13,562) Deferred revenue (81) — — — (81) Income taxes payable 186 — — (8) 178 Net cash used in operating activities $ (12,320) $ — $ — $ — $ (12,320) Net cash used in investing activities $ (3,091) $ — $ — $ — $ (3,091) Net cash provided financing activities $ 18,291 $ — $ — $ — $ 18,291 Effect of Exchange Rate Change on Cash and Restricted Cash (67) — — — (67) Change in Cash and Restricted Cash 2,813 — — — 2,813 Cash and Restricted Cash, beginning of period 10,693 — — — 10,693 Cash and Restricted Cash, end of period $ 13,506 $ — $ — $ — $ 13,506 KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Stockholders’ Equity (In thousands, USD, except share amounts) (unaudited) Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Deficit Total Stockholders’ Equity Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (900) — (900) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,081) (1,081) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,566,186 16,802 271,288 30,281,520 3 128,538 (2,577) (114,807) 11,157 Derecognition of shares — — — — — — (45,818) (300) (300) — — — — — — Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 743 — 743 Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (6,885) (6,885) Balance at June 30, 2021 8,256,165 82,562 8,398,185 83,982 9,547,376 95,474 2,520,368 16,502 278,520 30,281,520 3 121,321 (1,834) (121,692) (2,202) Adjustments Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) March 31, 2021 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — 4 — 4 Net loss — — — — — — — — — — — — — (918) (918) Total Adjustments - March 31, 2021 — — — — — — (45,818) (300) (300) — — — 119 (4,753) (4,634) June 30, 2021 — — — — — — Derecognition of shares — — — — — — 45,818 300 300 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — (325) — (325) Net loss — — — — — — — — — — — — — 683 683 Total Adjustments - June 30, 2021 — — — — — — — — — — — — (206) (4,070) (4,276) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (896) — (896) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,999) (1,999) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,520,368 16,502 270,988 30,281,520 3 128,538 (2,458) (119,560) 6,523 Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 418 — 418 Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (6,202) (6,202) Balance at June 30, 2021 8,256,165 $ 82,562 8,398,185 $ 83,982 9,547,376 $ 95,474 2,520,368 $ 16,502 $ 278,520 30,281,520 $ 3 $ 121,321 $ (2,040) $ (125,762) $ (6,478) KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In thousands USD) (unaudited) For the six months ended June 30, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments Revised Cash flows from operating activities Net loss $ (7,966) $ (403) $ (228) $ 396 $ (8,201) Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization 25,507 — — (42) 25,465 Amortization of deferred financing costs 1,047 — — — 1,047 Deferred income taxes (4,308) 237 — 694 (3,377) Non-cash foreign currency loss 77 — — — 77 Share-based compensation 630 — — — 630 Provision for doubtful accounts 11 — — — 11 Change in fair value of warrant liability (2,383) — — — (2,383) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (7,049) — — (109) (7,158) Inventories (4,089) — — — (4,089) Prepaid expenses and other receivables (9,016) — — (109) (9,125) Accounts payable and accrued liabilities (6,103) 166 228 (563) (6,272) Deferred revenue (671) — — — (671) Income taxes payable (32) — — (267) (299) Net cash used in operating activities $ (14,345) $ — $ — $ — $ (14,345) Net cash used in investing activities $ (5,973) $ — $ — $ — $ (5,973) Net cash provided by financing activities $ 18,375 $ — $ 18,375 Effect of exchange rate change on cash and restricted cash (82) — — — (82) Change in cash and restricted cash (2,025) — — — (2,025) Cash and restricted cash, beginning of period 10,693 — — — 10,693 Cash and restricted cash, end of period $ 8,668 $ — $ — $ — $ 8,668 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Stockholders’ Equity (Unaudited) (In thousands, USD) Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Accumulated Total Stockholders’ Equity Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (900) — (900) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,081) (1,081) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,566,186 16,802 271,288 30,281,520 3 128,538 (2,577) (114,807) 11,157 Derecognition of shares — — — — — — (45,818) (300) (300) — — — — — — Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 743 — 743 Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (6,885) (6,885) Balance at June 30, 2021 8,256,165 82,562 8,398,185 83,982 9,547,376 95,474 2,520,368 16,502 278,520 30,281,520 3 121,321 (1,834) (121,692) (2,202) Accrued dividends payable 265,602 2,656 287,998 2,880 236,142 2,361 — — 7,897 — — (7,897) — — (7,897) Foreign currency translation adjustment — — — — — — — — — — — — (1,322) — (1,322) Stock-based compensation — — — — — — — — — — — (3,519) — — (3,519) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,912 — — — — — — — — — 10,373,491 1 6,456 — — 6,457 Conversion of KORE warrants — — — — — — — — — 1,365,612 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $7,718 — — — — — — — — — 22,686,326 2 217,280 — — 217,282 Equity portion of convertible debt, net of issuance costs of $224 — — — — — — — — — — — 12,510 — — 12,510 Net loss — — — — — — — — — — — — — (4,508) (4,508) Balance at September 30, 2021 — — — — — — — — — 71,827,317 7 413,316 (3,156) (126,200) 283,967 Adjustments Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Accumulated Total Stockholders’ Equity Temporary Equity Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) March 31, 2021 Foreign currency translation adjustment — — — — — — — — — — — — 4 — 4 Net loss — — — — — — — — — — — — — (918) (918) Total Adjustments - March 31, 2021 — — — — — — (45,818) (300) (300) — — — 119 (4,753) (4,634) June 30, 2021 Derecognition of shares — — — — — — 45,818 300 300 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — (325) — (325) Net loss — — — — — — — — — — — — — 683 683 Total Adjustments - June 30, 2021 — — — — — — — — — — — — (206) (4,070) (4,276) September 30, 2021 Foreign currency translation adjustment — — — — — — — — — — — — 67 — 67 Private offering and merger financing — — — — — — — — — — — (331) — — (331) Net loss — — — — — — — — — — — — — 135 135 Total Adjustments - September 30, 2021 — — — — — — — — — — — (331) (139) (3,935) (4,405) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (896) — (896) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,999) (1,999) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,520,368 16,502 270,988 30,281,520 3 128,538 (2,458) (119,560) 6,523 Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 418 — 418 Stock-based compensation — — — — — — — — — — — 315 — — 315 Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Accumulated Total Stockholders’ Equity Temporary Equity Net loss — — — — — — — — — — — — — (6,202) (6,202) Balance at June 30, 2021 8,256,165 82,562 8,398,185 83,982 9,547,376 95,474 2,520,368 16,502 278,520 30,281,520 3 121,321 (2,040) (125,762) (6,478) Accrued dividends payable 265,602 2,656 287,998 2,880 236,142 2,361 — — 7,897 — — (7,897) — — (7,897) Foreign currency translation adjustment — — — — — — — — — — — — (1,255) — (1,255) Stock-based compensation — — — — — — — — — — — (3,519) — — (3,519) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,912 — — — — — — — — — 10,373,491 1 6,456 — — 6,457 Conversion of KORE warrants — — — — — — — — — 1,365,612 — 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $7,718 — — — — — — — — — 22,686,326 2 216,949 — — 216,951 Equity portion of convertible debt, net of issuance costs of $224 — — — — — — — — — — — 12,510 — — 12,510 Net loss — — — — — — — — — — — — — (4,373) (4,373) Balance at September 30, 2021 — — — — — — — — — 71,827,317 $ 7 $ 412,985 $ (3,295) $ (130,135) $ 279,562 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Cash Flows (Unaudited) (In thousands USD) For nine months ended September 30, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments Revised Cash flows from operating activities Net loss $ (12,474) $ (702) $ (342) $ 944 $ (12,574) Adjustments to reconcile net loss to net cash provided by (used in) operating activities Depreciation and amortization 37,947 — — (63) 37,884 Amortization of deferred financing costs 1,569 — — — 1,569 Deferred income taxes (8,197) 293 — 463 (7,441) Non-cash foreign currency loss (gain) (163) — — — (163) Stock-based compensation 4,564 — — — 4,564 Provision for doubtful accounts 117 — — — 117 Change in fair value of warrant liability (5,281) — — — (5,281) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (12,792) — — (164) (12,956) Inventories (6,461) — — — (6,461) Prepaid expenses and other current assets (5,054) — — (51) (5,105) Accounts payable and accrued liabilities (2,366) 409 342 (749) (2,364) Deferred revenue (911) — — — (911) Income taxes payable 63 — — (380) (317) Net cash used in operating activities $ (9,439) $ — $ — $ — $ (9,439) Net cash used in investing activities $ (9,782) $ — $ — $ — $ (9,782) Net cash provided by financing activities $ 81,772 $ — $ — $ — $ 81,772 Effect of exchange rate change on cash (188) (188) Change in cash and restricted cash 62,363 — — — 62,363 Cash and restricted cash, beginning of period $ 10,693 — — — $ 10,693 Cash and restricted cash, end of period $ 73,056 $ — $ — $ — $ 73,056

REVENUE RECOGNITION

REVENUE RECOGNITION	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
REVENUE RECOGNITION	NOTE 2 – REVENUE Contract Balances Deferred revenue primarily relates to revenue that is recognized over time for IoT Connectivity monthly recurring charges, the changes in the balance of which are related to the satisfaction or partial satisfaction of these contracts. The balance also contains a deferral for goods that are in transit at the period end for which control transfers to the customer upon delivery. The deferred revenue balance as of December 31, 2022, was recognized as revenue during the three months ended March 31, 2023. Disaggregated Revenue Information The Company has presented the disaggregated disclosures below which are useful to understand the composition of the Company’s revenue during the respective reporting periods shown below: Three Months Ended (In thousands, USD) March 31, 2023 2022 IoT Connectivity* $ 43,244 $ 43,053 Hardware Sales 16,444 19,012 Hardware Sales—bill-and-hold 2,197 2,422 Deployment services, professional services, referral services and other 4,090 4,491 Total $ 65,975 $ 68,978 __________________ * Includes connectivity-related revenues from IoT Connectivity services and IoT Solutions services Significant Customer	REVENUE RECOGNITION Contract Balances Deferred revenue as of December 31, 2022, and 2021, was $7.8 million, and $6.9 million, respectively, and primarily relates to revenue that is recognized over time for connectivity monthly recurring charges, the changes in balance of which are related to the satisfaction or partial satisfaction of these contracts. The balance also contains a deferral for goods that are in-transit at the period end for which control transfers to the customer upon delivery. All of the December 31, 2021, balance was recognized as revenue during the year ended December 31, 2022. Disaggregated Revenue Information The Company views the following disaggregated disclosures as useful to understand the composition of revenue recognized during the respective reporting periods: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 IoT Connectivity* $ 173,162 $ 164,610 Hardware Sales 69,091 54,898 Hardware Sales - bill-and-hold 10,736 5,357 Deployment services, professional services, referral services, and other 15,458 23,570 Total $ 268,447 $ 248,435 __________________ * Includes connectivity-related revenues from IoT Connectivity and IoT Solutions Significant Customer The Company has one customer, a large multinational medical device and health care company representing 11% and 21% of the Company’s total revenue for the years ending December 31, 2022, and 2021, respectively. This same customer represented 16% and 30% of the Company’s total accounts receivable as of December 31, 2022, and 2021, respectively. The Company believes it is not exposed to significant risk due to the financial strength of this customer and their historical trend of on-time payment.

REVERSE RECAPITALIZATION

REVERSE RECAPITALIZATION	12 Months Ended
	Dec. 31, 2022
Reverse Recapitalization [Abstract]
REVERSE RECAPITALIZATION	REVERSE RECAPITALIZATION On September 30, 2021, pre-combination KORE and CTAC consummated the merger contemplated by the merger agreement (see Note 1 – Nature of Operations). Immediately following the Business Combination, there were 71,810,419 shares of common stock with a par value of $0.0001 per share. Additionally, there were outstanding warrants to purchase 8,911,744 shares of common stock. The Business Combination was accounted for as a reverse recapitalization in accordance with GAAP as pre-combination KORE was determined to be the accounting acquirer. Under this method of accounting, while CTAC was the legal acquirer, it has been treated as the “acquired” company for financial reporting purposes. Accordingly, the Business Combination was treated as the equivalent of pre-combination KORE issuing stock for the net assets of CTAC, accompanied by a recapitalization. The net assets of CTAC were stated at historical cost, with no goodwill or other intangible assets recorded. Operations prior to the Business Combination are those of pre-combination KORE. Reported shares and earnings per share available to holders of the Company’s common stock, prior to the Business Combination, have been retroactively restated to reflect the exchange ratio established in the Business Combination (approximately one pre-combination KORE share to 139.15 of the Company’s shares). The most significant change in the post-combination Company’s reported financial position and results was an increase in cash, net of transactions costs paid at close, of $63.2 million including: $225.0 million in gross proceeds from the private placements (the “PIPE”), $20.0 million in proceeds from CTAC after redemptions, $95.1 million in proceeds from the Backstop Notes (see Note 10), and payments of $229.9 million to KORE’s preferred shareholders. Additionally, on the Closing Date, the Company repaid the Senior Secured Revolving Credit Facility with UBS of $25 million. The Company also repaid the outstanding related party loans due to Interfusion B.V and T-Fone B.V. of $1.6 million. The Company incurred $24.2 million in transaction costs relating to the Business Combination on the Closing Date, of which $24.1 million has been recorded against additional paid-in capital in the consolidated balance sheet as of December 31, 2021 and the remaining amount of $0.1 million was recognized as selling, general and administrative expenses in the consolidated statement of operations for the year ended December 31, 2021. Upon closing of the Business Combination, the shareholders of CTAC, including CTAC founders, were issued 10,356,593 shares of common stock of the Company. In connection with the Closing, holders of 22,240,970 shares of common stock of CTAC were redeemed at a price per share of $10.00. In connection with the Closing, 22,500,000 shares of the Company were issued to PIPE investors at a price per share of $10.00. The number of shares of Class A common stock issued immediately following the consummation of the Business Combination were: Shares Percentage Pre-combination KORE shareholders 38,767,500 54.0 % Public stockholders 10,356,593 14.4 % Private offering and merger financing 22,686,326 31.6 % Total 71,810,419 100.0 % Prior to the Business Combination, pre-combination KORE had a different capital structure comprised of several classes of preferred stock and warrants. As a result of the Business Combination, these were settled for cash or shares of common stock of the Company in lieu of cash.

ACQUISITIONS_2

ACQUISITIONS	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
ACQUISITIONS	NOTE 3 – ACQUISITIONS BMP Business Combination On February 16, 2022, the Company acquired 100% of the outstanding share capital of Business Mobility Partners, Inc. and Simon IoT LLC ("Simon IoT"), collectively, the “Acquired Companies” or “BMP Acquisition” which are industry-leading mobility service providers, to expand the Company’s services and solutions within the healthcare and life sciences industries (the “BMP Business Combination Agreement”). The transaction was funded by available cash and the issuance of the Company’s shares. Transaction costs for legal consulting, accounting, and other related costs incurred in connection with the acquisition of the Acquired Companies were $1.7 million. Included in the three months ended March 31, 2022, were $1.4 million of transaction costs, which were included in selling, general and administrative expenses in the Company's consolidated statement of operations. The following table summarizes the allocation of the consideration transferred for the Acquired Companies, including the identified assets acquired and liabilities assumed as of the acquisition date. (In thousands, USD) Fair Value Cash, (net of closing cash of $1,995) and working capital adjustments $ 46,002 Fair value of KORE common stock issued to sellers (4,212,246 shares) 23,295 Total consideration $ 69,297 Assets acquired: Accounts receivable 3,303 Inventories 1,323 Prepaid expenses and other receivables 976 Property and equipment 201 Intangible assets 28,664 Total Assets acquired 34,467 Liabilities assumed: Deferred tax liabilities 7,391 Accounts payable and accrued liabilities 2,638 Liabilities assumed 10,029 Net identifiable assets acquired 24,438 Goodwill (excess of consideration transferred over net identifiable assets acquired) $ 44,859 Goodwill represents the future economic benefits that we expect to achieve as a result of the acquisition of the Acquired Companies. A portion of the goodwill resulting from the acquisition is deductible for tax purposes. The BMP Business Combination Agreement contains customary indemnification terms. Under the BMP Business Combination Agreement, approximately $3.45 million of the cash purchase price was paid at closing and is to be held in escrow, for a maximum of 18 months from the closing date, to guarantee the performance of general representations and warranties regarding closing amounts and to indemnify the Company against any future claims. During the third quarter of 2022, $0.6 million of the $3.45 million was paid to the seller from the escrow account which did not result in any adjustments to the purchase price. The financial results of the Acquired Companies are included in the Company’s consolidated statements of operations from the date of acquisition. Unaudited pro forma information Had the acquisition of the Acquired Companies been completed on January 1, 2021, total revenue would have been $74.7 million, and the net loss would have been $9.9 million for the three months ended March 31, 2022. This unaudited pro forma financial information is not necessarily indicative of what the operating results actually would have been if the acquisition had taken place on January 1, 2022, nor is it indicative of future operating results. The pro forma amounts include the historical operating results of the Company prior to the acquisition, with adjustments factually supportable and directly attributable to the acquisition, primarily related to transaction costs and the amortization of intangible assets. The pro forma net loss for the three months ended March 31, 2022, reflects a non-recurring adjustment to exclude acquisition-related costs of $1.4 million. Pending acquisition On March 26, 2023, the Company entered into an agreement to acquire Twilio's IoT business unit for 10 million shares of the Company's common stock, par value $0.0001. The agreement provides that if 10 million shares of the Company's common stock has an aggregate value in excess of $28 million based on the closing price of the Company's common stock on the business day immediately prior to the date of closing, the Company will issue to	ACQUISITIONS BMP Business Combination On February 16, 2022, the Company acquired 100% of the outstanding share capital of Business Mobility Partners, Inc. and Simon IoT LLC which are industry-leading mobility service providers, to expand the Company’s services and solutions within the healthcare and life sciences industries (the “BMP Business Combination Agreement”). The transaction was funded by available cash and the issuance of the Company’s shares. Transaction costs for legal consulting, accounting, and other related costs incurred in connection with the acquisition of BMP were $1.7 million of which, $1.4 million and $0.3 million were included in selling, general and administrative expenses in the Company's consolidated statements of operation for the years ended December 31, 2022 and 2021 respectively. The following table summarizes the allocation of the consideration transferred for BMP, including the identified assets acquired and liabilities assumed as of the acquisition date. (In thousands, USD, except share amounts) Fair Value Cash, (net of closing cash of $1,995) and working capital adjustments $ 46,002 Fair value of KORE Common Stock issued to sellers (4,212,246 shares) 23,295 Total consideration $ 69,297 Assets acquired: Accounts receivable 3,303 Inventories 1,323 Prepaid expenses and other receivables 976 Property and equipment 201 Intangible assets 28,664 Total Assets acquired 34,467 Liabilities assumed: Deferred tax liabilities 7,391 Accounts payable and accrued liabilities 2,638 Liabilities assumed 10,029 Net identifiable assets acquired 24,438 Goodwill (excess of consideration transferred over net identifiable assets acquired) $ 44,859 Goodwill represents the future economic benefits that we expect to achieve as a result of the BMP acquisition. Approximately $7.0 million of the goodwill resulting from the acquisition is deductible for tax purposes. The BMP Business Combination Agreement contains customary indemnification terms. Under the BMP Business Combination Agreement, a portion of the cash purchase price, approximate ly $3.45 million paid at closing is to be held in escrow, for a maximum of 18 months from the closing date, to guarantee performance of general representations and warranties regarding closing amounts and to indemnify the Company against any future claims. During the year ended December 31, 2022, $0.6 million o f the $3.45 million was paid to the seller from the escrow account that did not result in any adjustments to the purchase price. The financial results of BMP are included in the Company’s consolidated statement of operations from the date of acquisition. For the year ended December 31, 2022, the amounts of revenue and net income included in the Company’s consolidated statement of operations were $45.7 million and $11.1 million, respectively. Unaudited pro forma information This unaudited pro forma financial information presented is not necessarily indicative of what the operating results would have been if the acquisition had taken place on January 1, 2021, nor is it indicative of future operating results. The pro forma amounts include the historical operating results of the Company prior to the acquisition, with adjustments factually supportable and directly attributable to the acquisition, primarily related to transaction costs, and the amortization of intangible assets. Had the acquisition of BMP been completed on January 1, 2021, net revenue and loss would have been: Years Ended (In thousands, USD) December 31, 2022 December 31, Net Revenue $ 274,179 $ 278,601 Net Loss 104,483 22,415

CONSOLIDATED FINANCIAL STATEMEN

CONSOLIDATED FINANCIAL STATEMENT DETAILS	12 Months Ended
	Dec. 31, 2022
Balance Sheet Related Disclosures [Abstract]
CONSOLIDATED FINANCIAL STATEMENT DETAILS	CONSOLIDATED FINANCIAL STATEMENT DETAILS Accounts Receivable Years Ended (In thousands, USD) December 31, 2022 December 31, Accounts receivable $ 46,067 $ 53,415 Allowance for doubtful accounts (559) (532) Allowance for credit provisions * (970) (1,268) Accounts receivable, net $ 44,538 $ 51,615 ___________________ * Overage/usage charges are evaluated on a monthly basis, and any overage/usage charges determined by management as unlikely to be collected due to a customer disputing the charge or due to a concession are reserved. Reserved items are written off when deemed uncollectible or recognized as revenue if collected. The Company incurred bad debt expense of $0.4 million, and $0.3 million, for the years ended December 31, 2022, and 2021, respectively. Prepaid Expenses and Other Current Assets The Company’s prepaid expenses and other current assets consist of the following: Years Ended (In thousands, USD) December 31, December 31, Prepaid expenses 8,362 6,333 Other current assets 5,122 1,030 Total Prepaid expenses and other current assets $ 13,484 $ 7,363 Property and equipment Major classes of property and equipment consist of the following: Years Ended (In thousands, USD) December 31, December 31, Computer hardware $ 17,684 $ 15,747 Computer software 9,547 9,023 Furniture and fixtures 2,550 2,242 Networking equipment 7,715 8,089 Leasehold improvements 3,017 2,793 Total property and equipment 40,513 37,894 Less: accumulated depreciation (28,614) (25,654) Property and equipment (net) $ 11,899 $ 12,240 Depreciation expenses for the years ended December 31, 2022, and 2021, was $3.7 million, and $3.7 million, respectively. Accrued Liabilities The Company’s accrued liabilities consist of the following: Years Ended (In thousands, USD) December 31, December 31, Accrued payroll and related $ 4,804 $ 13,103 Accrued cost of revenue 4,091 1,886 Accrued other expenses 3,970 5,552 Sales and other taxes payable 2,813 1,621 Finance Lease Obligation 115 191 Total accrued liabilities $ 15,793 $ 22,353

RIGHT-OF USE ASSETS AND LEASE L

RIGHT-OF USE ASSETS AND LEASE LIABILITIES	12 Months Ended
	Dec. 31, 2022
Lessee Disclosure [Abstract]
RIGHT-OF USE ASSETS AND LEASE LIABILITIES	RIGHT-OF USE ASSETS AND LEASE LIABILITIES The Company leases real estate, computer hardware and vehicles for use in our operations under both operating and finance leases. Our leases have remaining lease terms ranging from 1 year to 10 years, some of which include options to extend the term for up to 10 years, and some of which include options to terminate the leases. The Company includes options to extend or terminate the lease when it is reasonably certain that we will exercise that option. For the majority of leases entered into during the current period, we have concluded it is not reasonably certain that we would exercise the options to extend the lease or terminate the lease early. Therefore, as of the lease commencement date, our lease terms generally do not include these options. Leasehold improvements are depreciated using the straight-line method over the shorter of the estimated useful life or the remaining term of the lease. Our leasehold improvements have lives ranging from 1 year to 10 years. Operating and finance lease cost for the year ended December 31, 2022 were as follows: (In thousands, USD) Classification in Statement of operations December 31, 2022 Operating lease cost Selling, general and administrative $ 3,531 Finance lease cost Amortization of leased assets Depreciation and amortization $ 350 Interest on lease liabilities Interest expense 17 Total finance lease cost $ 367 Rent expense for the years ended December 31, 2022, and 2021 was $3.5 million and $2.7 million, respectively. Supplemental disclosure for the balance sheet related to finance leases were as follows: (In thousands, USD) December 31, 2022 Assets Finance lease right-of-use assets included in property and equipment, net $ 250 Liabilities Current portion of finance lease liabilities included in accrued liabilities $ 115 Non-current portion of finance lease liabilities included in other long-term liabilities 135 Total finance lease liabilities $ 250 The weighted-average remaining lease term and the weighted-average discount rate of our leases were as follows: December 31, 2022 Weighted average remaining lease term (in years) Operating leases 7.71 years Finance leases 2.05 years Weighted average discount rate: Operating leases 7.6 % Finance leases 5.5 % The future minimum lease payments under operating and finance leases at December 31, 2022 for the next five years are as follows: Operating Finance (In thousands, USD) Amount Amount 2023 $ 2,532 $ 128 2024 1,877 113 2025 1,662 24 2026 1,370 — 2027 1,385 — Thereafter 6,220 — Total minimum lease payments 15,046 265 Interest expense (3,960) (15) Total 11,086 250
RIGHT-OF USE ASSETS AND LEASE LIABILITIES	RIGHT-OF USE ASSETS AND LEASE LIABILITIES The Company leases real estate, computer hardware and vehicles for use in our operations under both operating and finance leases. Our leases have remaining lease terms ranging from 1 year to 10 years, some of which include options to extend the term for up to 10 years, and some of which include options to terminate the leases. The Company includes options to extend or terminate the lease when it is reasonably certain that we will exercise that option. For the majority of leases entered into during the current period, we have concluded it is not reasonably certain that we would exercise the options to extend the lease or terminate the lease early. Therefore, as of the lease commencement date, our lease terms generally do not include these options. Leasehold improvements are depreciated using the straight-line method over the shorter of the estimated useful life or the remaining term of the lease. Our leasehold improvements have lives ranging from 1 year to 10 years. Operating and finance lease cost for the year ended December 31, 2022 were as follows: (In thousands, USD) Classification in Statement of operations December 31, 2022 Operating lease cost Selling, general and administrative $ 3,531 Finance lease cost Amortization of leased assets Depreciation and amortization $ 350 Interest on lease liabilities Interest expense 17 Total finance lease cost $ 367 Rent expense for the years ended December 31, 2022, and 2021 was $3.5 million and $2.7 million, respectively. Supplemental disclosure for the balance sheet related to finance leases were as follows: (In thousands, USD) December 31, 2022 Assets Finance lease right-of-use assets included in property and equipment, net $ 250 Liabilities Current portion of finance lease liabilities included in accrued liabilities $ 115 Non-current portion of finance lease liabilities included in other long-term liabilities 135 Total finance lease liabilities $ 250 The weighted-average remaining lease term and the weighted-average discount rate of our leases were as follows: December 31, 2022 Weighted average remaining lease term (in years) Operating leases 7.71 years Finance leases 2.05 years Weighted average discount rate: Operating leases 7.6 % Finance leases 5.5 % The future minimum lease payments under operating and finance leases at December 31, 2022 for the next five years are as follows: Operating Finance (In thousands, USD) Amount Amount 2023 $ 2,532 $ 128 2024 1,877 113 2025 1,662 24 2026 1,370 — 2027 1,385 — Thereafter 6,220 — Total minimum lease payments 15,046 265 Interest expense (3,960) (15) Total 11,086 250

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS The Company’s goodwill balance consists of the following: (In thousands, USD) Amount December 31, 2020 $ 384,202 Currency translation (787) December 31, 2021 $ 383,415 Acquisition 44,859 Impairment (58,074) Currency translation (494) December 31, 2022 $ 369,706 The Company tests goodwill for impairment on an annual basis on October 1st and between annual tests whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. During the fourth quarter of 2022, the Company identified circumstances subsequent to the annual goodwill test that would more likely than not reduce the fair value of the reporting unit (the entity) below its carrying value. The Company performed qualitative and quantitative goodwill impairment tests during the third and the fourth quarters of 2022. These impairment indicators included increased interest rates impacting our weighted average cost of capital, an increase in the Company's specific risk premium, an increase in debt-free net working capital needs and a sustained decline in the Company's share price from the third quarter. In addition to the market data, the valuation techniques utilized level 3 inputs such as the Company’s internal forecasts of its future results, cash flows and its weighted average cost of capital. As a result, the Company concluded that the carrying value of its reporting unit exceeded the estimated fair value of the reporting unit and recorded a goodwill impairment loss of $58.1 million, which represents the accumulated impairment loss as of December 31, 2022. The fair value of the reporting was estimated by equally weighing the results of the income approach and the market approach. Key assumptions used in the impairment analysis included projected revenue growth rates, discount rates, and market factors such as earnings multiples from comparable publicly traded companies. The impairment loss has been recognized in our statement of operations as a goodwill impairment loss from operations for the year ended December 31, 2022. The Company did not record a goodwill impairment loss in any prior periods. The Company’s other intangible assets consist of the following: (In thousands, USD) Carrying Gross Accumulated Net Carrying Value Customer relationships $ 327,317 $ (197,483) $ 129,834 Technology 46,978 (42,348) 4,630 Carrier contracts 70,210 (47,483) 22,727 Trademarks 16,214 (11,060) 5,154 Internally developed computer software 72,063 (41,904) 30,159 Total as of December 31, 2022 $ 532,782 $ (340,278) $ 192,504 (In thousands, USD) Carrying Gross Accumulated Net Carrying Value Customer relationships $ 305,648 $ (168,519) $ 137,129 Technology 45,983 (37,529) 8,454 Carrier contracts 65,700 (40,488) 25,212 Trademarks 15,733 (9,221) 6,512 Internally developed computer software 59,906 (34,663) 25,243 Total as of December 31, 2021 $ 492,970 $ (290,420) $ 202,550 Amortization expense for the years ended December 31, 2022, and 2021, was $50.8 million, and $46.7 million, respectively. The following table shows the weighted average remaining useful lives per intangible asset category as of December 31, 2022. Years Customer relationships 5.0 Technology 2.6 Carrier contracts 3.6 Trademarks 4.3 Internally developed computer software 4.2 The following table shows the estimated amortization expense for the next five years and thereafter as of December 31, 2022. (In thousands, USD) Amount 2023 $ 49,657 2024 45,932 2025 43,206 2026 28,607 2027 9,645 Thereafter 15,457 Total $ 192,504

LONG-TERM DEBT AND OTHER BORROW

LONG-TERM DEBT AND OTHER BORROWINGS, NET	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Debt Disclosure [Abstract]
LONG-TERM DEBT AND OTHER BORROWINGS, NET	NOTE 5 – PREMIUM FINANCE AGREEMENT The Company entered into a Premium Finance Agreement (“Premium Agreement”) on August 3, 2022, to purchase two-year term directors and officers insurance policy. The Premium Agreement is for $3.6 million at a fixed rate of 4.6% per annum, amortized over twenty months. The Premium Agreement requires twenty fixed monthly principal and interest payments of $0.2 million from August 15, 2022, to March 15, 2024. Included in the Current portion of long-term debt and other borrowings, net is the outstanding principal balance of $2.2 million and $2.8 million as of March 31, 2023, and December 31, 2022, respectively.	LONG-TERM DEBT AND OTHER BORROWINGS, NET The Company carries its long term debt based on amortized cost using the effective interest rate meth od. The following is a summary of long-term debt: (In thousands, USD) December 31, December 31, Term Loan – UBS $ 302,654 $ 305,807 Notes under the Backstop Agreement 120,000 120,000 Other Borrowings 2,754 173 Total 425,408 425,980 Less—current portion (5,345) (3,326) Less—equity component, net of accumulated amortization — (15,517) Less—debt issuance cost, net of accumulated amortization of $8.5 million and $6.1 million, respectively (6,153) (8,022) Total Long-term debt and other borrowings 413,910 399,115 The following is the summary of future principal repayments on long-term debt: (In thousands, USD) Amount 2023 $ 5,345 2024 300,063 2025 — 2026 — 2027 — Thereafter 120,000 Total $ 425,408 Senior Secured Term Loan—UBS On December 21, 2018, the Company entered into a credit agreement with UBS that consisted of a term loan of $280.0 million as well as a senior secured revolving credit facility with UBS (the “Senior Secured UBS Term Loan”, and together with the senior secured revolving credit facility, the “Credit Facilities”). The Senior Secured UBS Term Loan required quarterly principal and interest payments of Term LIBOR plus 5.5%. All remaining principal and interest payments are due on December 21, 2024. On November 12, 2019, the Company amended the Senior Secured UBS Term Loan in order to raise an additional $35.0 million. Under the amended agreement, the maturity date of the term loan and interest rate remained unchanged. However, the quarterly principal repayment changed to $0.8 million. The principal and quarterly interest are paid on the last business day of each quarter, except at maturity. As a result of this debt modification, the Company incurred $0.2 million in debt issuance costs, which was capitalized and is being amortized over the remaining term of the loan along with the unamortized debt issuance costs of the original debt. On December 22, 2022, the Company amended the Senior Secured UBS Term Loan to facilitate the planned phase out of LIBOR by the UK Financial Conduct Authority. The amendment established the Secure Overnight Financing Rate ("SOFR") as the primary reference rate and replaced the Eurocurrency Rate to Term SOFR plus a SOFR a djustment of 0.10%. All the other terms remain unchanged. For the year ended December 31, 2022, the Company recognized interest expense related to the contractual interest expense of $22.5 million and interest expense related to the amortization of the debt issuance costs of $2.4 million. The term loan agreement limits cash dividends and other distributions from the Company’s subsidiaries to KORE Group Holdings Inc. and also restricts the Company’s ability to pay cash dividends to its shareholders. On December 31, 2022, and 2021, restricted net assets of the consolidated subsidiaries were $192.5 million and $256.7 million, respectively. The term loan agreement contains, among other things, financial covenants related to maximum total debt to adjusted EBITDA ratio and a minimum total leverage ratio. The Company was in compliance with these covenants for the years ended December 31, 2022, and 2021. The credit agreement is substantially secured by all the Company’s assets. The Company’s principal outstanding balances on the Senior Secured UBS Term Loan were $302.7 million and $305.8 million as of December 31, 2022 and 2021, respectively. Senior Secured Revolving Credit Facility – UBS On December 21, 2018, the Company entered into a $30.0 million senior secured revolving credit facility with UBS (the “Senior Secured Revolving Credit Facility”, and together with the Senior Secured UBS Term Loan, the “Credit Facilities”). Borrowings under the Senior Secured Revolving Credit Facility bore interest at a floating rate which can be, at the Company’s option, either (1) a LIBOR rate for a specified interest period plus an applicable margin of up to 5.50% or (2) a base rate plus an applicable margin of up to 4.5%. After the Closing Date, the applicable margins for LIBOR rate and base rate borrowings were each subjected to a reduction of 5.25% and 4.25%, respectively, if the Company maintains a total leverage ratio of less than or equal to 5.00:1.00. The LIBOR rate was applicable to the Senior Secured Revolving Credit Facility is subject to a “floor” of 0.0%. Additionally, the Company is required to pay a commitment fee of up to 0.38% per annum of the unused balance. On December 22, 2022, the Company amended the Senior Secured Revolving Credit Facility to facilitate the planned phase out of LIBOR by the UK Financial Conduct Authority. The amendment established the Secure Overnight Financing Rate (“SOFR”) as the primary reference rate and replaced the Euro currency Rate to Term SOFR plus a SOFR a djustment of 0.10%. All the other terms remain unchanged. On December 23, 2022, the Company amended the Senior Secured Revolving Credit Facility to extend the maturity of the revolving credit facility to September 21, 2024. As a result of the modifications, the Company incurred $0.2 million in debt issuance costs, which was capitalized and is being amortized over the remaining term of the loan along with the unamortized debt issuance costs of the original and amended debt. The obligations of the Company and the obligations of the guarantors under the Credit Facilities are secured by first priority pledges of and security interests in (i) substantially all of the existing and future equity interests of KORE Wireless Group, Inc. and each of its subsidiaries organized in the U.S., as well as 65% of the existing and future equity interests of certain first-tier foreign subsidiaries held by the borrower or the guarantors under the Credit Facilities and (ii) substantially all of the KORE Wireless Group, Inc.’s and each guarantor’s tangible and intangible assets, in each case subject to certain exceptions and thresholds. As of December 31, 2022, and 2021, no amounts were drawn or outstanding on the Senior Secured Revolving Credit Facility. Bank Overdraft Facility – BNP Paribas Fortis N.V. On October 8, 2018, a Belgium subsidiary of the Company entered into a €250,000 bank overdraft facility with BNP Paribas Fortis, (the “Bank Overdraft Facility”). Borrowings under the Bank Overdraft Facility had an indefinite term. However, it was discontinued as of February 13, 2023. Borrowings under the Bank Overdraft Facility bore interest at a floating rate which was a base rate plus an applicable margin of up to 2.0%. The base fee amounts to 9.40% as of December 31, 2022 and was variable. Any overages were charged against a percentage of 6% on a yearly basis. There was no commitment fee payable for the unused balance of the Bank Overdraft Facility. As of December 31, 2022, and December 31, 2021, the Company had €0 drawn on the Bank Overdraft Facility. Backstop Agreement On September 30, 2021, KORE Wireless Group Inc. issued $95.1 million in senior unsecured exchangeable notes due 2028 (the “Backstop Notes”) to affiliates of Fortress Credit Corp. (“Fortress”) pursuant to the terms of the backstop agreement (the “Backstop Agreement”), dated July 27, 2021, by and among KORE Wireless Group Inc. and Fortress. The Backstop Notes were issued pursuant to an indenture (the “Indenture”), dated September 30, 2021, by and among the Company, KORE Wireless Group Inc. and Wilmington Trust, National Association, as trustee, as amended and restated on November 15, 2021. On October 28, 2021, KORE Wireless Group issued an additional $24.9 million in additional notes (the “Additional Notes” and together with the Backstop Notes, the “Notes”) to Fortress, pursuant to the terms of an exchangeable notes purchase agreement (the “Exchangeable Notes Purchase Agreement”), dated October 28, 2021, by and among KORE Wireless Group Inc., the Company and Fortress. The Additional Notes were issued pursuant to the Indenture and contain identical terms to the Backstop Notes. The Notes were issued at par, have a maturity of seven years, bearing interest at the rate of 5.50% per annum which is paid semi-annually, March 30 and September 30 of each year, beginning on March 30, 2022. The Notes are guaranteed by the Company and are exchangeable into common stock of the Company at $12.50 per share (the “Base Exchange Rate”) at any time at the option of Fortress. At the Base Exchange Rate, the Notes are exchangeable for approximately 9.6 million shares of common stock. As of March 31, 2022, the value of the approximately 9.6 million shares underlying the Notes is less than the fair value of the Notes. The Base Exchange Rate may be adjusted for certain dilutive events or change in control events as defined by the Indenture (the “Adjusted Exchange Rate”). Additionally, if after the 2-year anniversary of September 30, 2021, the Company’s shares are trading at a defined premium to the Base Exchange Rate or applicable Adjusted Exchange Rate, the Company may redeem the Notes for cash, force an exchange into shares of its common stock at an amount per share based on a time-value make whole table, or settle with a combination of cash and an exchange (the “Company Option”). As consideration for Fortress entering into that certain commitment letter (the “Commitment Letter”), dated as of September 21, 2021, the Sponsor contributed 100,000 shares of common stock of the Company to LLC Merger Sub, which were transferred by LLC Merger Sub to Fortress, as a commitment fee, pursuant to the terms and upon the conditions set forth in the Commitment Letter. Prior to the implementation of ASU 2020-06 since the Company could use the Company Option to potentially settle all or part of the Notes for the cash equivalent of the fair value of the common stock for which the Notes may be exchanged, a portion of the proceeds of the Notes were required to be allocated to equity, based on the estimated fair value of the Notes had they not contained the exchange features. ASU 2020-06, simplifies and amends the cash conversion guidance so that the Company is no longer required to allocate to equity the estimated fair value of the Notes had they not contained the exchange features. Refer to “Note 2- Summary of Significant Accounting policies – Recently Adopted Accounting Pronouncements” to the consolidated financial statements for a summary of the effects of the adoption of ASU 2020-06. The unamortized discount and issuance costs will be amortized through September 30, 2028. The effective interest rate after the adoption of ASU 2020-06 for the Backstop Notes and the Additional Backstop Notes are 5.9% and 6.1% respectively. The Backstop Agreement and the Exchangeable Notes Purchase Agreement each contain a customary six-month lock up following the Closing, which prohibits Fortress from hedging the Notes by short selling the Company’s common stock or hedging the Notes via the Company’s warrants or options. The Indenture contains, among other things, financial covenants related to maximum total debt to adjusted EBITDA ratio. The Company was in compliance with these covenants as of December 31, 2022, and December 31, 2021. As of December 31, 2022, the net carrying amount of the Notes was $117.5 million, with unamortized debt issuance costs of $2.5 million. The estimated fair value (Level 2) of the convertible debt instrument was $92.9 million. As of December 31, 2021, prior to adoption of ASU 2020-06, the net carrying amount of the Notes was $102.0 million, with unamortized debt issuance costs of $2.5 million and unamortized equity component costs of $15.5 million. The estimated fair value (Level 2) of the convertible debt instrument was $118.6 million. Premium Finance Agreement The Company entered into a Premium Finance Agreement (“Premium Agreement”) on August 3, 2022, to purchase a two-year term Directors and Officers insurance policy. The Premium Agreement is for $3.6 million at a fixed rate of 4.6% per annum, amortized over twenty months. The Premium Agreement requires twenty fixed monthly principal and interest payments of $0.19 million from August 15, 2022, to March 15, 2024. The Company’s principal outstanding balance on the Premium Agreement was $2.8 million as of December 31, 2022.

INCOME TAXES_2

INCOME TAXES	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 6 – INCOME TAXES The Company determines its estimated annual effective tax rate at the end of each interim period based on estimated pre-tax income (loss) and facts known at that time. The estimated annual effective tax rate is applied to the year-to-date pre-tax income (loss) at the end of each interim period with certain adjustments. The tax effects of significant unusual or extraordinary items are reflected as discrete adjustments in the periods in which they occur. The Company’s estimated annual effective tax rate can change based on the mix of jurisdictional pre-tax income (loss) and other factors. However, if the Company is unable to make a reliable estimate of its annual effective tax rate, then the actual effective tax rate for the year-to-date period may be the best estimate. For the three months ended March 31, 2023, and 2022, the Company determined that its annual effective tax rate approach would provide for a reliable estimate and therefore used this method to calculate its tax provision. The Company’s effective income tax rate was 2.0% and 16.0% for the three months ended March 31, 2023, and 2022, respectively. The effective income tax rate for the three months ended March 31, 2023, and 2022 differed from the federal statutory rate primarily due to the geographical mix of earnings and related foreign tax rate differential, permanent differences, and the valuation allowance maintained against certain deferred tax assets. The Company’s income tax benefit was $0.4 million and $2.2 million for the three months ended March 31, 2023, and 2022, respectively. The change in the income tax benefit for the three months ended March 31, 2023, compared to the three months ended March 31, 2022, was primarily due to changes in the jurisdictional mix of earnings and the impact of the valuation allowance maintained against certain deferred tax assets.	INCOME TAXES Income (loss) before provision (benefit) for income taxes from operations for the years ended December 31, 2022, and 2021, consisted of the following: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 United States $ (92,021) $ (12,184) Foreign (24,596) (21,368) Total loss before income taxes $ (116,617) $ (33,552) The components of the provision (benefit) for income taxes from operations consisted of the following: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Current: Federal $ 4,309 $ 782 State 905 442 Foreign 558 (309) Total current provision 5,772 915 Deferred: Federal (9,336) (6,478) State (4,455) (748) Foreign (2,398) (2,465) Total deferred benefit (16,189) (9,691) Total income tax benefit $ (10,417) $ (8,776) The reconciliation between income taxes computed at the U.S. statutory income tax rate to our provision for income taxes for the years ended December 31, 2022, and 2021 is as follows: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Benefit for income taxes at 21% rate $ (24,490) 21.0 % $ (7,045) 21.0 % State taxes, net of federal benefit (1,358) 1.2 % (1,147) 3.4 % Change in valuation allowance 10,628 -9.1 % (642) 1.9 % Rate change (1,687) 1.4 % 774 -2.3 % Credits (604) 0.5 % (602) 1.8 % Permanent differences and other (2,712) 2.2 % 2,852 -8.5 % Revaluation of warrants (53) 0.0 % (1,106) 3.3 % Uncertain tax positions 591 -0.5 % 544 -1.6 % Foreign withholding tax 134 -0.1 % 116 -0.3 % Foreign rate differential (2,120) 1.8 % (2,587) 7.7 % Executive compensation expense 872 -0.7 % 1,517 -4.5 % Transaction related expense 210 -0.2 % (1,450) 4.3 % Global intangible low taxed income 283 -0.2 % — 0.0 % Foreign derived intangible income (311) 0.3 % — 0.0 % Goodwill impairment 10,200 -8.7 % — 0.0 % Benefit for income taxes $ (10,417) 8.9 % $ (8,776) 26.2 % Significant components of the Company’s deferred tax assets (liabilities) as of December 31, 2022, and 2021 are as follows: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Deferred tax assets: Net operating loss carry-forward $ 13,617 $ 7,504 Credit carry-forward 1,386 1,956 Interest expense limitation carry-forward 15,844 12,053 Non-deductible reserves 339 374 Accruals and other temporary differences 2,835 1,288 Stock compensation 1,164 — Lease liability 2,780 — Property and equipment 1,007 1,018 Gross deferred tax assets 38,972 24,193 Less Valuation allowance (16,177) (5,750) Total deferred tax assets (after valuation allowance) 22,795 18,443 Deferred tax liabilities: Property and equipment (1,738) (4,151) Intangible assets (33,117) (40,771) Goodwill (5,914) (7,474) Debt Discount — (3,972) Accounting method change (1,378) — Right of use asset (2,514) — Research and development costs (3,327) — Total deferred tax liabilities $ (47,988) $ (56,368) Net deferred tax liabilities $ (25,193) $ (37,925) The valuation allowance increased by $10.4 million during 2022, primarily due to an increase in U.S. disallowed interest expense carryover and U.S. state tax attributes deemed not realizable. In determining the need for a valuation allowance, the Company has given consideration to its worldwide cumulative loss position when assessing the weight of the sources of taxable income that can be used to support the realization of deferred tax assets. The Company has assessed, on a jurisdictional basis, the available means of recovering deferred tax assets, including the ability to carry-back net operating losses, the existence of reversing temporary differences, the availability of tax planning strategies and available sources of future taxable income. The Company has also considered the ability to implement certain strategies that would, if necessary, be implemented to accelerate taxable income and use expiring deferred tax assets. The Company believes it is able to support the deferred tax assets recognized as of the end of the year based on all of the available evidence. As of December 31, 2022, the Company has U.S. state tax net operating loss carryforwards of approximately $39 million which may be available to offset future income tax liabilities and expire at various dates beginning in 2032 through 2042. Additionally, the Company has U.S. state tax net operating loss carryforwards of approximately $13.0 million which carryforward indefinitely. Additionally, the Company has generated $38.0 million of foreign operating loss carryforwards which expire at various dates. As of December 31, 2022, the Company did not have U.S. federal tax loss carried forward. As of December 31, 2022, the Company has U.S. state research and development tax credit carryforwards of $0.1 million which expire beginning in 2032 through 2033. As of December 31, 2022, the Company did not have any federal research and development tax credit carried forward. Additionally, the Company has $1.3 million of foreign research and development tax credit carryforwards. Due to provisions of the Tax Cuts and Jobs Act of 2017, the Company has a carryforward of U.S. disallowed interest expense of $68.8 million, which has an indefinite carryforward period. Utilization of the NOL carryforwards may be subject to limitation under Section 382 of the Internal Revenue Code of 1986 due to ownership change limitations that have occurred previously or that could occur in the future. These ownership changes may limit the amount of NOL and tax credit carryforwards that can be utilized annually to offset future taxable income and tax, respectively. There could be additional ownership changes in the future, which may result in additional limitations on the utilization of the NOL and tax credit carryforwards. For taxable years beginning after December 31, 2017, taxpayers are subjected to the global intangible low-taxed income provisions, or GILTI provisions. The GILTI provisions require the Company to currently recognize in U.S. taxable income a deemed dividend inclusion of foreign subsidiary earnings in excess of an allowable return on the foreign subsidiary’s tangible assets. The ability to benefit from a deduction and foreign tax credits against a portion of the GILTI income may be limited under the GILTI rules as a result of the utilization of net operating losses, foreign sourced income, and other potential limitations within the foreign tax credit calculation. For the year ended December 31, 2022, the Company recorded an income tax charge related to GILTI of $0.3 million. For the year ended December 31, 2021, the Company did not record an income tax charge related to GILTI. The Company has made an accounting policy election, as allowed by the SEC and FASB, to recognize the impacts of GILTI within the period incurred. Accordingly, no U.S. deferred taxes are provided on GILTI inclusions of future foreign subsidiary earnings. As of December 31, 2022, the Company has not provided U.S. taxes on the undistributed earnings of its foreign subsidiaries that it considers indefinitely reinvested. This indefinite reinvestment determination is based on the future operational and capital requirements of the Company’s domestic and foreign operations. The Company expects that the cash held by its foreign subsidiaries of $19.5 million as of December 31, 2022 will continue to be used for its foreign operations and, therefore, does not anticipate repatriating these funds. The Company conducts business globally and, as a result, its subsidiaries file income tax returns in U.S. federal and state jurisdictions and various foreign jurisdictions. In the normal course of business, the Company may be subject to examination by taxing authorities throughout the world, including such major jurisdictions as Australia, Canada, Malta, the Netherlands, the United Kingdom, and the United States. Since the Company is in a loss carry-forward position, the Company is generally subject to U.S. federal and state income tax examinations by tax authorities for all years for which a loss carry-forward is utilized. As of December 31, 2022, the Company is not under income tax examination in any jurisdiction. During the ordinary course of business, there are many transactions and calculations for which the ultimate tax determination is uncertain. The Company establishes reserves for tax-related uncertainties based on estimates of whether, and the extent to which, additional taxes will be due. These reserves are established when the Company believes that certain positions might be challenged despite its belief that its tax return positions are fully supportable. The Company adjusts these reserves in light of changing facts and circumstances, such as the outcome of tax examinations. The following table presents a reconciliation of the total amounts of unrecognized tax benefits, excluding interest and penalties, included in accrued liabilities and other long-term liabilities in the consolidated balance sheets. Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Unrecognized tax benefits at the beginning of the year $ 8,132 $ 7,690 Additions for tax positions of current year 442 442 Unrecognized tax benefits at the end of the year $ 8,574 $ 8,132 The Company and its subsidiaries have accumulated significant intercompany obligations owed to/from various other subsidiaries of the Company. During the year ended December 31, 2022, the Company completed its assessment of its U.S. and non-U.S. income and non-income tax risks related to these obligations and added both current and prior period unrecognized tax benefits associated with the intercompany balances. If the unrecognized tax benefit balance as of December 31, 2022, were recognized, it would in its entirety result in a tax benefit impacting the effective tax rate. The Company does not anticipate any material changes to its unrecognized tax benefits within the next 12 months.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Off-Balance-Sheet Credit Exposures The Company did not have off balance sheet standby letters of credit and bank guarantees as of December 31, 2022. The Company had off balance sheet standby letters of credit and bank guarantees of $0.4 million as of December 31, 2021. Purchase Obligations The Company has vendor commitments primarily relating to carrier and open purchase obligations that the Company incurs in the ordinary course of business. As of December 31, 2022, the purchase commitments were as follows: (In thousands, USD) Amount 2023 $ 29,012 2024 5,808 2025 7,590 2026 4,505 2027 4,773 Thereafter 5,000 Total $ 56,688 Operating Leases The Company leases various office spaces under non-cancellable operating leases expiring through 2029. The future minimum lease payments under operating leases as of December 31, 2021, for the next five years were as follows: (In thousands, USD) Amount 2022 $ 2,924 2023 1,904 2024 1,495 2025 1,170 2026 958 Thereafter 3,412 Total $ 11,863 Capital Leases The Company has capital lease obligations in the Netherlands for hardware and software leases. The future minimum lease payments under capital leases as of December 31, 2021, for the next five years were as follows: (In thousands, USD) Amount 2022 $ 207 2023 143 2024 119 2025 26 2026 — Total minimum lease payments $ 495 Interest expense (40) Total $ 455 Legal Proceedings

STOCK BASED COMPENSATION

STOCK BASED COMPENSATION	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
STOCK BASED COMPENSATION	NOTE 7 – STOCK-BASED COMPENSATION The following table summarizes Restricted Stock Units (“RSUs”) activities during the reporting period shown below: Number of Weighted- Aggregate Unvested RSUs at December 31, 2022 5,515 $ 6.69 $ 34,191 Granted 4,230 1.72 7,297 Vested (395) 6.78 (2,680) Forfeited and canceled (123) 6.97 (859) Unvested RSUs at March 31, 2023 9,227 $ 5.54 $ 37,949 During the three months ended March 31, 2023, the Company granted 2.1 million RSUs that vest based on the passage of time and granted 2.1 million RSUs that vest based on the achievement of performance targets. The following is a summary of the Company’s share-based compensation expense and income tax benefit related to the RSUs for the reporting periods shown below: Three Months Ended March 31, (In thousands, USD) 2023 2022 Total Stock Compensation Expense $ 2,570 $ 2,050 Income tax benefit related to share-based compensation expense 246 264 As of March 31, 2023, the total unrecognized compensation cost related to outstanding RSUs was $26.3 million, which the Company expects to recognize over a weighted average period of 2.2 years.	STOCK BASED COMPENSATION Restricted Stock Units 2021 Long-Term Stock Incentive Plan On September 29, 2021, the board of directors (the “Board”) approved the KORE Group Holdings, Inc. 2021 Long-Term Stock Incentive Plan (the “2021 Plan”) to promote the interests of the Company and its stockholders by (i) attracting and retaining employees and directors of, and consultants to, the Company and its subsidiaries; (ii) motivating such individuals by means of performance-related incentives to achieve longer-range performance goals; and (iii) enabling such individuals to participate in the long-term growth and financial success of the Company. The 2021 Plan allows for the grant of share-based payment awards to employees, directors of the Board, and consultants to the Company. The 2021 Plan is administered by the Compensation Committee of the Board. On December 8, 2021, the Compensation Committee of the Board approved the future grants of certain Restricted Stock Unit Awards (“RSUs”), the effectiveness of which were contingent upon the filing and effectiveness of the Form S-8 Registration Statement of the common stock, which occurred on January 4, 2022. A RSU is a contractual right to receive one share of our common stock in the future, and the fair value of the RSU is based on our share price on the grant date. The Company’s time-based RSUs generally vest one-quarter on each of the second and third anniversaries of the Business Combination date and the remaining one-half on the fourth anniversary of the Business Combination date; however, certain special retention awards may have different vesting terms. In addition, grants of RSUs to our non-employee directors and certain executive officers contain provisions as part of the respective employment agreements that accelerate the vesting of RSU grants in the event of a termination by the Company or a departure by a director or executive officers. The Company also grants performance-based RSUs that vests subject to the achievement of specified performance goals within a specified time-frame. The performance-based RSUs contain provisions that increase or decrease the number of RSUs that ultimately vest, depending upon the level of performance achieved. The Company has also granted RSUs that vest based upon the price of our common stock, which is a market condition. The fair value of awards that contain a market-based condition is estimated using a lattice model to analyze the fair value of the subject shares. The lattice model utilizes multiple stock paths, which are analyzed to determine the fair value of the subject shares. The following table summarizes RSUs activity during the reporting periods shown below: Number of awards outstanding Weighted-average grant date fair value Aggregate intrinsic value Unvested RSUs at December 31, 2021 — — — Granted 5,789 $ 6.24 $ 36,101 Vested (52) 6.88 (362) Forfeited and canceled (222) 6.97 (1,548) Unvested RSUs at December 31, 2022 5,515 $ 34,191 For the year ended December 31, 2022 the Company granted 4.0 million RSUs that vest based on the passage of time. The actual number of performance-based RSUs that could vest will range from 0% to 150% of the 1.6 million unvested RSUs granted, depending upon our level of achievement with respect to the performance goals. During the year, the Company granted 1.7 million of performance based RSUs. During the year ended December 31, 2022, the Company granted approximately 0.2 million RSUs, which vest based on the Company’s stock price attaining a closing price equal to or greater than $13, $15, or $18 per share over any 20 trading days within any 30 consecutive trading day period. The fair value of these RSUs is estimated using a lattice model. Significant inputs used in our valuation of these RSUs included the following: Year Ended December 31, 2022 Expected volatility 57.1%-75.2% Risk-free interest rate 1.4%-2.1% Expected term (in years) 5 - 80 The following is a summary of the Company’s share-based compensation expense related to RSUs during the reporting periods shown below: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Total Stock Compensation Expense $ 10,296 $ 4,564 Unrecognized Compensation Cost 24,272 — Remaining recognition period (in years) 2.6 — 2014 Equity Incentive Plan During 2021, the stock options granted under the 2014 equity incentive plan were cancelled and the plan was terminated as of September 30, 2021. Upon the closing of the Business Combination, the Company paid out cash consideration of $4.1 million net of applicable withholding taxes and issued 200,426 shares as share consideration valued at $4.3 million (4,325 common shares net of shares for applicable withholding taxes). The following is a summary of the Company’s cancelled stock options from January 1, 2021, through December 31, 2021: Number of Options Weighted Average Grant Date Fair Value per Option Weighted Average Exercise Price Weighted Average Remaining Contractual Term Balance, December 31, 2020 432,500 $15.45 $141.53 7.7 Granted — — — Exercised — — — Forfeited — — — Expired — — — Cancelled (432,500) (15.45) (141.53) 7.7 Balance, December 31, 2021 — $— $— —

WARRANTS ON COMMON STOCK_2

WARRANTS ON COMMON STOCK	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Warrants and Rights Note Disclosure [Abstract]
WARRANTS ON COMMON STOCK	NOTE 8 – WARRANTS ON COMMON STOCK Private Placement Warrants The private placement warrants are measured quarterly at fair value (Level 1*) based on the closing price of KORE.WS. As of March 31, 2023, 272,779 private placement warrants remained outstanding with an aggregate value of $35.5 thousand based on the closing price of $0.13. *Fair value estimates are based on quoted prices in active markets for identical assets or liabilities.	WARRANTS ON COMMON STOCK Public Warrants As part of CTAC’s initial public offering (the “CTAC IPO”) in 2020, CTAC issued warrants to third party investors, and each whole warrant entitles the holder to purchase one share of the Company’s common stock at an exercise price of $11.50 per share (the “Public Warrants”). Subsequent to the Business Combination, 8,638,966 Public Warrants remained outstanding as of December 31, 2022. The Public Warrants may only be exercised for a whole number of common shares. The Public Warrants will become exercisable on the later of (a) 30 days after the completion of a Business Combination or (b) 12 months from the closing of the proposed public offering; provided in each case that the Company has an effective registration statement under the Securities Act covering the common shares issuable upon exercise of the Public Warrants and a current prospectus relating to them is available (or the Company permits holders to exercise their Public Warrants on a cashless basis and such cashless exercise is exempt from registration under the Securities Act). The Company completed its public offering on September 30, 2021 and filed an effective registration statement (form S-1) under the Securities Act covering the common shares which was effective on December 20, 2021. The Company plans to make commercially reasonable efforts to maintain the effectiveness of such registration statement and a current prospectus relating to those common shares until the warrants expire or are redeemed, as specified in the Warrant Agreement provided that if the common shares are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elects, it will not be required to file or maintain in effect a registration statement. The Public Warrants will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. The Company evaluated the Public Warrants for liability or equity classification in accordance with the provisions of ASC 480, Distinguishing Liabilities from Equity, and ASC 815-40, Derivatives and Hedging. As the surviving entity following the Business Combination has a single class of shares issued and outstanding, the Public Warrants are classified as equity, with the fair value of the Public Warrants as of the date of the Business Combination closed to additional paid-in capital. Initial and Subsequent Measurement—Public Warrants The Public Warrants were initially recorded at fair value. The fair value of the Public Warrants as of September 30, 2021, based on the closing price of KORE.WS, was closed to additional paid-in capital and the Public Warrants will not be remeasured in subsequent reporting periods. Private Placement Warrants As part of CTAC’s IPO in 2020, CTAC completed the private sale of warrants (“Private Placement Warrants”), and each Private Placement Warrant allows the holder to purchase one share of the Company’s common stock at $11.50 per share. Subsequent to the Business Combination, 272,779 Private Placement Warrants remained outstanding as of December 31, 2022. The Private Placement Warrants and the common shares issuable upon exercise of the Private Placement Warrants were not transferable, assignable or salable until 30 days after the completion of the Business Combination (except pursuant to limited exceptions to the Company’s officers and directors and other persons or entities affiliated with the initial purchasers of the Private Placement Warrants) and they will not be redeemable by the Company (except as subject to certain conditions when the price per common share equals or exceeds $10.00) so long as they are held by the Sponsor or its permitted transferees. The Sponsor, or its permitted transferees, has the option to exercise the Private Placement Warrants on a cashless basis. If the Private Placement Warrants are held by holders other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by the holders on the same basis as the Public Warrants. The Company evaluated the Private Placement Warrants for liability or equity classification in accordance with the provisions of ASC 480, Distinguishing Liabilities from Equity, and ASC 815-40, Derivatives and Hedging. Based on the provisions governing the warrants in the applicable agreement, the Company determined that the Private Placement Warrants met the criteria and were required to be classified as a liability subject to the guidance in ASC 815-10 and 815-40 and should effectively be treated as outstanding common shares in both basic and diluted EPS calculations. Initial Measurement—Private Placement Warrants The Private Placement Warrants were initially measured at fair value. As the transfer of Private Placement Warrants to anyone outside of a small group of individuals who are permitted transferees would result in the Private Placement Warrants having substantially the same terms as the Public Warrants, the Company determined that the fair value of each Private Placement Warrant is equivalent to that of each Public Warrant, with an insignificant adjustment for short-term marketability restrictions. As such, the Private Placement Warrants are classified as Level 2. As of December 31, 2022, and 2021 the aggregate value of the Private Placement Warrants was $32.7 thousand and $0.3 million, respectively based on the closing price of KORE.WS on that date of $0.12 and $1.05, respectively. Subsequent Measurement—Private Placement Warrants The Private Placement Warrants are measured at fair value on a recurring basis based on the closing price of KORE.WS on the relevant date. The change in fair value of the warrant liability for the periods ending December 31, 2022, and 2021, resulted in a gain of $0.3 million and $5.3 million, respectively. KORE Warrants In connection with the sale of Series B preferred stock, pre-combination KORE issued warrants (“KORE Warrants”) for the purchase of common stock at an exercise price of $0.01 per warrant. Upon the closing of the Business Combination, all KORE Warrants were exercised and converted into shares of common stock. As of December 31, 2022 and 2021, there were no outstanding KORE Warrants.

NET LOSS PER SHARE_2

NET LOSS PER SHARE	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Earnings Per Share [Abstract]
NET LOSS PER SHARE	NOTE 9 – NET LOSS PER SHARE Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share (“EPS”) calculations for the periods ended: Three Months Ended March 31, (In thousands, USD, except share and per share amounts) 2023 2022 Numerator: Net loss $ (18,490) $ (11,572) Denominator: Weighted average common shares outstanding Basic (in number) 76,524,735 74,040,261 Diluted (in number) 76,524,735 74,040,261 Net loss per unit Basic $ (0.24) $ (0.16) Diluted $ (0.24) $ (0.16) The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive: Three Months Ended (Number of shares) March 31, 2023 2022 Common stock issued under the Backstop Agreement 9,600,031 9,600,031 Restricted stock grants with only service conditions 4,529,117 3,108,277 Private placement warrants 272,779 272,779	NET LOSS PER SHARE The Company follows the two-class method when computing net loss per common share when shares are issued that meet the definition of participating securities. The two-class method requires income available to common shareholders for the period to be allocated between common and participating securities based upon their respective rights to receive dividends as if all income for the period had been distributed. The two-class method also requires losses for the period to be allocated between common and participating securities based on their respective rights if the participating security contractually participates in losses. As holders of participating securities do not have a contractual obligation to fund losses, undistributed net losses were not allocated to participating securities in the current or comparative years presented. Earnings per share calculations for all periods prior to the Business Combination have been retrospectively restated to the equivalent number of shares reflecting the exchange ratio established in the merger agreement. Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share (“EPS”) calculations for the periods ended: (In thousands, USD) December 31, 2022 December 31, 2021 Numerator: Net loss attributable to the Company $ (106,200) $ (24,776) Less cumulative earnings to preferred shareholder — (22,822) Add premium on preferred conversion to common shares — 4,074 Net income (loss) attributable to common stockholders $ (106,200) $ (43,524) Denominator: Weighted average common shares and warrants outstanding Basic (in number) 75,710,904 41,933,050 Diluted (in number) 75,710,904 41,933,050 Net loss per unit attributable to common stockholder Basic $ (1.40) $ (1.04) Diluted $ (1.40) $ (1.04) The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive: (number of shares) December 31, December 31, Restricted stock grants with only service conditions 3,552,416 — Common stock issued under the Backstop Agreement 9,600,031 9,600,031 Private Placement Warrants 272,779 272,779 Series C Convertible Preferred Stock — 2,566,186 Stock Options — 432,500

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Leasing and Professional Services Agreement KORE TM Data Brasil Processamento de Dados Ltda., a wholly owned subsidiary of the Company, maintains a lease and a professional services agreement with a company controlled by a key member of the Company's management team. Aggregated related party transactions, which have been recorded at the exchange amount, representing the amount of consideration established and agreed by the related parties, was $0.3 million, and $0.2 million, for the years ended December 31, 2022, and 2021, respectively. The amount was recorded under selling, general and administrative expenses in the consolidated statements of operations. Business Mobility Partners, Inc. (BMP, Inc.) a wholly owned subsidiary of the Company, has an informal services agreement with BMP Brasil Locacoes Ltda (BMP Brasil), located in Sao Paulo, Brazil, which is controlled by two key members of the Company's management team. The Company does not have any ownership interest or control over BMP Brasil. BMP Brasil renders technical assistance services to purchase and deliver telecommunication equipment to BMP, Inc.’s clients in Brazil. For the services agreed upon, BMP Brasil was paid a nominal monthly fixed fee plus a fee of 7% of the gross amount of each cost incurred to purchase and deliver telecommunication equipment to the Company’s clients in Brazil. Since BMP, Inc.’s acquisition on February 16, 2022, the Company has incurred and paid $2.3 million to BMP Brasil for hardware and services rendered during 2022.

Quarterly Unaudited Financial S

Quarterly Unaudited Financial Statements	12 Months Ended
	Dec. 31, 2022
Accounting Changes and Error Corrections [Abstract]
Quarterly Unaudited Financial Statements	NOTE 3 – REVISION OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS In connection with the Company’s review of our intercompany transfer pricing methodology, and in preparation of finalizing the consolidated financial statements for the year ended December 31, 2022, the Company identified errors in its historical financial statements relating to income taxes and indirect taxes. The Company assessed the materiality of these errors along with other immaterial errors from previous reviews and annual audits in 2021, and 2022 under ASC 250, “Accounting Changes and Error Corrections,” Staff Accounting Bulletin No. 99, “Materiality,” and Staff Accounting Bulletin No. 108, “Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements” and concluded that the annual consolidated financial statements for the year ended December 31, 2021, and the unaudited interim consolidated financial statements for the first three quarters of 2021, and 2022 were not materially misstated but should be revised. The amounts and disclosures included in this Form 10-K have been revised to reflect the correct presentation. Income Tax Adjustments In connection with a review of the Company’s intercompany transfer pricing methodology, we determined that the Company should have recorded income tax expense related to an uncertain tax position associated with certain intercompany balances between our legal entities in several domestic and foreign jurisdictions. Management has concluded that we have an income tax exposure on a consolidated basis which resulted in an understatement of income tax expense and other long-term liabilities for the following amount: • For the year ended December 31, 2021 - $0.7 million. • First quarter of 2021 - $0.2 million. • Second quarter of 2021 - $0.2 million. • Third quarter of 2021 - $0.3 million. • First quarter of 2022 - $0.4 million. • Second quarter of 2022 - $0.4 million. • Third quarter of 2022 - $0.8 million. Indirect Tax Adjustments As part of our fourth quarter 2022 financial statement close process, we determined that the Company should have accrued a liability relating to a historical indirect tax exposure on customer invoices in two subsidiaries within the same foreign jurisdiction. The error resulted in the Company understating selling, general, and administrative expenses and other long-term liabilities for the following amount: • For the year ended December 31, 2021 - $0.5 million. • For each of the three quarters of 2021 - $0.1 million. • For each of the three quarters of 2022 - $0.1 million. Other Adjustments In addition to the income tax and indirect tax errors discussed above, management has decided to revise our financial statements to reflect several immaterial errors identified in prior year audits and quarterly reviews. These immaterial errors relate to the following: • Customer billing error resulted in an understatement of revenue and account receivable of approximately $0.05 million for each of the quarters in 2021 and 2022 and $0.22 million for the year ended December 31, 2021. • A misallocation of the purchase price relating to a prior business combination resulted in an overstatement of intangible assets and an understatement of goodwill, which resulted in an overstatement of intangible asset amortization expense of $0.02 million for each of the quarters in 2021 and 2022 and $0.08 million for the year ended December 31, 2021. • Initial public offering costs of $1.4 million should have been expensed in the quarter ended March 31, 2021 instead of the quarter ended June 30, 2021. We inappropriately capitalized such cost as of March 31, 2021. • Revenue of $0.6 million should have been recognized in the quarter ended June 30, 2022 instead of the quarter ended September 30, 2022. • Tax effect on pre-tax book loss resulting in either an understatement/overstatement of income tax expense/(benefit) and other long-term liabilities for the following periods: • For the year ended December 31, 2021 - $0.19 million. • First quarter of 2021 - ($0.23) million. • Second quarter of 2021 - $0.69 million. • Third quarter of 2021 - ($0.46) million. • First quarter of 2022 - ($0.04) million. • Second quarter of 2022 - $0.14 million. • Third quarter of 2022 - ($0.07) million. • Several immaterial cutoff errors between quarters related to revenue, cost of sales, and selling, general & administrative expenses. The following tables present the impact of the revisions on our annual consolidated financial statements for the year ended December 31, 2021, including the impact to the accumulated other comprehensive income (loss) and the accumulated deficit balances as of December 31, 2020. The revised unaudited interim consolidated financial statements are included in Note 17 to the consolidated financial statements. KORE Group Holdings, Inc. and Subsidiaries Consolidated Balance Sheets (In thousands USD, except share and per share amounts) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments* As revised Assets Current assets Cash $ 85,976 — — — $ 85,976 Accounts receivable, net 51,304 — — 311 51,615 Inventories, net 15,470 — — — 15,470 Income taxes receivable 954 — — (20) 934 Prepaid expenses and other receivables 7,448 — — (85) 7,363 Total current assets 161,152 — — 206 161,358 Non-current assets Restricted cash 367 — — — 367 Property and equipment, net 12,240 — — — 12,240 Intangibles assets, net 203,474 — — (924) 202,550 Goodwill 381,962 — — 1,453 383,415 Other long-term assets 407 — — — 407 Total assets $ 759,602 $ — $ — $ 735 $ 760,337 Liabilities and stockholders’ equity Current liabilities Accounts payable $ 16,004 — — — $ 16,004 Accrued liabilities 21,311 — — 1,042 22,353 Income taxes payable 467 — — — 467 Current portion of capital lease obligations 191 — — (191) — Deferred revenue 6,889 — — — 6,889 Current portion of long-term debt and other borrowings, net 3,326 — — — 3,326 Total current liabilities 48,188 — — 851 49,039 Non-current liabilities Deferred tax liabilities 36,722 1,435 — (232) 37,925 Warrant liability 286 — — — 286 Capital lease obligations 264 — — (264) — Long-term debt and other borrowings, net 399,115 — — — 399,115 Other long-term liabilities 2,884 1,994 1,257 315 6,450 Total liabilities $ 487,459 $ 3,429 $ 1,257 $ 670 $ 492,815 Stockholders’ equity Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 72,027,743 shares issued and outstanding at December 31, 2021 $ 7 — — — $ 7 Additional paid-in capital 413,646 — — (331) 413,315 Accumulated other comprehensive loss (3,331) (46) — (86) (3,463) Accumulated deficit (138,179) (3,383) (1,257) 482 (142,337) Total stockholders’ equity 272,143 (3,429) (1,257) 65 267,522 Total liabilities and stockholders’ equity $ 759,602 $ — $ — $ 735 $ 760,337 __________________ * Certain reclassifications have been made to the 2021 consolidated balance sheet to conform to the 2022 presentation for leases. KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Operations (In thousands USD, except share and per share amounts) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other Adjustments As Revised Revenue Services $ 187,962 $ — $ — $ 218 $ 188,180 Products 60,255 — — — 60,255 Total revenue 248,217 — — 218 248,435 Cost of revenue Cost of services 69,867 — — (482) 69,385 Cost of products 52,357 — — (382) 51,975 Total cost of revenue (exclusive of depreciation and amortization shown separately below) 122,224 — — (864) 121,360 Operating expenses — Selling, general and administrative 91,733 — 457 113 92,303 Depreciation and amortization 50,414 — — (83) 50,331 Total operating expenses 142,147 — 457 30 142,634 Operating loss (16,154) — (457) 1,052 (15,559) Interest expense, including amortization of deferred financing costs, net 23,260 — — — 23,260 Change in fair value of warrant liability (5,267) — — — (5,267) Loss before income taxes (34,147) — (457) 1,052 (33,552) Income tax expense (benefit) (9,694) 732 — 186 (8,776) Net loss $ (24,453) $ (732) $ (457) $ 866 $ (24,776) Loss per share: Basic $ (1.03) $ (0.02) $ (0.01) $ 0.02 $ (1.04) Diluted $ (1.03) $ (0.02) $ (0.01) $ 0.02 $ (1.04) Weighted average shares outstanding (in Number): Basic 41,933,050 — — — 41,933,050 Diluted 41,933,050 — — — 41,933,050 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Comprehensive Loss (In thousands USD) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other Adjustments As Revised Net loss $ (24,453) $ (732) $ (457) $ 866 $ (24,776) Other comprehensive income (loss): Foreign currency translation adjustment (1,654) 53 — (300) (1,901) Comprehensive loss $ (26,107) $ (679) $ (457) $ 566 $ (26,677) KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Temporary Equity and Stockholders’ Equity (In thousands, USD, except share amounts) Series A Preferred Series A-1 Series B Preferred Series C Convertible Total Temporary Equity Common Stock Additional paid-in capital Accumulated Accumulated Total Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Derecognition of shares — — — — — — (45,818) (300) (300) — — — — — — Accrued dividends payable 765,609 7,656 824,076 8,241 692,543 6,925 — — 22,822 — — (22,822) — — (22,822) Foreign currency translation adjustment — — — — — — — — — — — — (1,654) — (1,654) Share-based compensation — — — — — — — — — 200,426 — (1,856) — — (1,856) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,943 — — — — — — — — — 10,373,491 1 6,428 — — 6,429 Conversion of KORE warrants — — — — — — — — — 1,365,612 — 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $8123 — — — — — — — — — 22,686,326 2 216,875 — — 216,877 Equity portion of convertible debt, net of deferred financing costs of $384, net of sponsor shares of $683, net of deferred tax liability of $3,999 — — — — — — — — — — — 12,240 — — 12,240 Net loss — — — — — — — — — — — — — (24,453) (24,453) Balance at December 31, 2021 — $ — — $ — — $ — — $ — $ — 72,027,743 $ 7 $ 413,646 $ (3,331) $ (138,179) $ 272,143 Adjustments Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) Derecognition of shares — — — — — — 45,818 300 300 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — (247) — (247) Private offering and merger financing — — — — — — — — — — — (331) — — (331) Net loss — — — — — — — — — — — — — (323) (323) Total Adjustments — — — — — — — — — — — $ (331) $ (132) $ (4,158) $ (4,621) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Derecognition of shares — — — — — — — — — — — — — — — Accrued dividends payable 765,609 7,656 824,076 8,241 692,543 6,925 — — 22,822 — — (22,822) — — (22,822) Foreign currency translation adjustment — — — — — — — — — — — — (1,901) — (1,901) Share-based compensation — — — — — — — — — 200,426 — (1,856) — — (1,856) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,943 — — — — — — — — — 10,373,491 1 6,428 — — 6,429 Conversion of KORE warrants — — — — — — — — — 1,365,612 — 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $8123 — — — — — — — — — 22,686,326 2 216,544 — — 216,546 Equity portion of convertible debt, net of deferred financing costs of $384, net of sponsor shares of $683, net of deferred tax liability of $3,999 — — — — — — — — — — — 12,240 — — 12,240 Net loss — — — — — — — — — — — — — (24,776) (24,776) Balance at December 31, 2021 — $ — — $ — — $ — — $ — $ — 72,027,743 $ 7 $ 413,315 $ (3,463) $ (142,337) $ 267,522 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Cash Flows (In thousands USD) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments As Revised Cash flows from operating activities Net loss $ (24,453) $ (732) $ (457) $ 866 $ (24,776) Adjustments to reconcile net loss to net cash (used in) provided by operating activities Depreciation and amortization 50,414 — — (83) 50,331 Amortization of deferred financing costs 2,097 — — — 2,097 Amortization of discount on Backstop Notes 424 — — — 424 Deferred income taxes (9,871) 323 (143) (9,691) Non-cash foreign currency loss 344 — — — 344 Share-based compensation 4,564 — — — 4,564 Provision for doubtful accounts 322 — — — 322 Change in fair value of warrant liability (5,267) — — — (5,267) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (11,884) — — (218) (12,102) Inventories (9,875) — — — (9,875) Prepaid expenses and other receivables (1,700) — — 456 (1,244) Accounts payable and accrued liabilities (8,371) 409 457 (914) (8,419) Deferred revenue (805) — — — (805) Income taxes payable (697) — — 36 (661) Cash used in operating activities $ (14,758) $ — $ — $ — $ (14,758) Cash flows used in investing activities Additions to intangible assets (9,247) — — — (9,247) Additions to property and equipment (4,172) (4,172) Net cash (used) in investing activities $ (13,419) $ — $ — $ — $ (13,419) Cash flows from financing activities Proceeds from revolving credit facility 25,000 — — — 25,000 Repayment on revolving credit facility (25,000) — — — (25,000) Repayment of term loan (3,161) — — — (3,161) Repayment of other borrowings - notes payable (173) — — — (173) Proceeds from convertible debt 104,167 — — — 104,167 Proceeds from equity portion of convertible debt, net of issuance costs 15,697 — — — 15,697 Payment of deferred financing costs (1,579) — — — (1,579) Repayment of related party note (1,538) — — — (1,538) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments As Revised Proceeds from CTAC and PIPE financing, net of issuance costs 223,688 — — — 223,688 Settlements of preferred shares (229,915) — — — (229,915) Payment of capital lease obligations (828) — — — (828) Payment of stock option share employee withholding taxes (2,305) — — — (2,305) Cash provided by/(used in) financing activities $ 104,053 $ — $ — $ — $ 104,053 Effect of Exchange Rate Change on Cash (226) — — — (226) Change in Cash and Restricted Cash 75,650 — — — 75,650 Cash and Restricted Cash, beginning of period 10,693 — — — 10,693 Cash and Restricted Cash, end of period $ 86,343 $ — $ — $ — $ 86,343 Non-cash investing and financing activities: Equity financing fees accrued $ 3,602 $ — $ — $ — $ 3,602 Common shares issued to preferred shareholders 56,502 — — — 56,502 Equity financing fees settled in common shares 1,863 — — — 1,863 Common shares issued to warrant holders 10,663 — — — 10,663 Common shares issued to option holders pursuant to the Cancellation Agreements 1,072 — — — 1,072 Sponsor shares distributed to lender under Backstop Agreement 683 — — — 683 Supplemental cash flow information: Interest paid $ 19,874 $ — $ — $ — $ 19,874 Taxes paid (net of refunds) 957 — — — 957 KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Temporary Equity and Stockholders’ Equity (In thousands, USD, except share amounts) (unaudited) Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Deficit Total Stockholders’ Equity Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 (as previously reported) 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (900) — (900) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,081) (1,081) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,566,186 16,802 271,288 30,281,520 3 128,538 (2,577) (114,807) 11,157 Adjustments Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) March 31, 2021 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — 4 — 4 Net loss — — — — — — — — — — — — — (918) (918) Total Adjustments - March 31, 2021 — — — — — — (45,818) (300) (300) — — — 119 (4,753) (4,634) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (896) — (896) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,999) (1,999) Balance at March 31, 2021 8,004,780 $ 80,048 8,128,665 $ 81,287 9,315,136 $ 93,151 2,520,368 $ 16,502 $ 270,988 30,281,520 $ 3 $ 128,538 $ (2,458) $ (119,560) $ 6,523 KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In thousands USD) (unaudited) For the three months ended March 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments Revised Cash flows from operating activities Net loss $ (1,081) $ (238) $ (114) $ (566) $ (1,999) Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization 13,114 — — (21) 13,093 Amortization of deferred financing costs 524 — — — 524 Deferred income taxes (1,366) 238 — (259) (1,387) Non-cash foreign currency loss (70) — — — (70) Share-based compensation 315 — — — 315 Provision for doubtful accounts (18) — — — (18) Change in fair value of warrant liability (2,424) — — — (2,424) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (1,855) — — (55) (1,910) Inventories (878) — — — (878) Prepaid expenses and other receivables (5,375) — — 1,274 (4,101) Accounts payable and accrued liabilities (13,311) — 114 (365) (13,562) Deferred revenue (81) — — — (81) Income taxes payable 186 — — (8) 178 Net cash used in operating activities $ (12,320) $ — $ — $ — $ (12,320) Net cash used in investing activities $ (3,091) $ — $ — $ — $ (3,091) Net cash provided financing activities $ 18,291 $ — $ — $ — $ 18,291 Effect of Exchange Rate Change on Cash and Restricted Cash (67) — — — (67) Change in Cash and Restricted Cash 2,813 — — — 2,813 Cash and Restricted Cash, beginning of period 10,693 — — — 10,693 Cash and Restricted Cash, end of period $ 13,506 $ — $ — $ — $ 13,506 KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Stockholders’ Equity (In thousands, USD, except share amounts) (unaudited) Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Deficit Total Stockholders’ Equity Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (900) — (900) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,081) (1,081) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,566,186 16,802 271,288 30,281,520 3 128,538 (2,577) (114,807) 11,157 Derecognition of shares — — — — — — (45,818) (300) (300) — — — — — — Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 743 — 743 Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (6,885) (6,885) Balance at June 30, 2021 8,256,165 82,562 8,398,185 83,982 9,547,376 95,474 2,520,368 16,502 278,520 30,281,520 3 121,321 (1,834) (121,692) (2,202) Adjustments Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) March 31, 2021 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — 4 — 4 Net loss — — — — — — — — — — — — — (918) (918) Total Adjustments - March 31, 2021 — — — — — — (45,818) (300) (300) — — — 119 (4,753) (4,634) June 30, 2021 — — — — — — Derecognition of shares — — — — — — 45,818 300 300 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — (325) — (325) Net loss — — — — — — — — — — — — — 683 683 Total Adjustments - June 30, 2021 — — — — — — — — — — — — (206) (4,070) (4,276) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (896) — (896) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,999) (1,999) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,520,368 16,502 270,988 30,281,520 3 128,538 (2,458) (119,560) 6,523 Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 418 — 418 Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (6,202) (6,202) Balance at June 30, 2021 8,256,165 $ 82,562 8,398,185 $ 83,982 9,547,376 $ 95,474 2,520,368 $ 16,502 $ 278,520 30,281,520 $ 3 $ 121,321 $ (2,040) $ (125,762) $ (6,478) KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In thousands USD) (unaudited) For the six months ended June 30, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments Revised Cash flows from operating activities Net loss $ (7,966) $ (403) $ (228) $ 396 $ (8,201) Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization 25,507 — — (42) 25,465 Amortization of deferred financing costs 1,047 — — — 1,047 Deferred income taxes (4,308) 237 — 694 (3,377) Non-cash foreign currency loss 77 — — — 77 Share-based compensation 630 — — — 630 Provision for doubtful accounts 11 — — — 11 Change in fair value of warrant liability (2,383) — — — (2,383) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (7,049) — — (109) (7,158) Inventories (4,089) — — — (4,089) Prepaid expenses and other receivables (9,016) — — (109) (9,125) Accounts payable and accrued liabilities (6,103) 166 228 (563) (6,272) Deferred revenue (671) — — — (671) Income taxes payable (32) — — (267) (299) Net cash used in operating activities $ (14,345) $ — $ — $ — $ (14,345) Net cash used in investing activities $ (5,973) $ — $ — $ — $ (5,973) Net cash provided by financing activities $ 18,375 $ — $ 18,375 Effect of exchange rate change on cash and restricted cash (82) — — — (82) Change in cash and restricted cash (2,025) — — — (2,025) Cash and restricted cash, beginning of period 10,693 — — — 10,693 Cash and restricted cash, end of period $ 8,668 $ — $ — $ — $ 8,668 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Stockholders’ Equity (Unaudited) (In thousands, USD) Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Accumulated Total Stockholders’ Equity Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (900) — (900) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,081) (1,081) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,566,186 16,802 271,288 30,281,520 3 128,538 (2,577) (114,807) 11,157 Derecognition of shares — — — — — — (45,818) (300) (300) — — — — — — Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 743 — 743 Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (6,885) (6,885) Balance at June 30, 2021 8,256,165 82,562 8,398,185 83,982 9,547,376 95,474 2,520,368 16,502 278,520 30,281,520 3 121,321 (1,834) (121,692) (2,202) Accrued dividends payable 265,602 2,656 287,998 2,880 236,142 2,361 — — 7,897 — — (7,897) — — (7,897) Foreign currency translation adjustment — — — — — — — — — — — — (1,322) — (1,322) Stock-based compensation — — — — — — — — — — — (3,519) — — (3,519) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,912 — — — — — — — — — 10,373,491 1 6,456 — — 6,457 Conversion of KORE warrants — — — — — — — — — 1,365,612 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $7,718 — — — — — — — — — 22,686,326 2 217,280 — — 217,282 Equity portion of convertible debt, net of issuance costs of $224 — — — — — — — — — — — 12,510 — — 12,510 Net loss — — — — — — — — — — — — — (4,508) (4,508) Balance at September 30, 2021 — — — — — — — — — 71,827,317 7 413,316 (3,156) (126,200) 283,967 Adjustments Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Accumulated Total Stockholders’ Equity Temporary Equity Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) March 31, 2021 Foreign currency translation adjustment — — — — — — — — — — — — 4 — 4 Net loss — — — — — — — — — — — — — (918) (918) Total Adjustments - March 31, 2021 — — — — — — (45,818) (300) (300) — — — 119 (4,753) (4,634) June 30, 2021 Derecognition of shares — — — — — — 45,818 300 300 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — (325) — (325) Net loss — — — — — — — — — — — — — 683 683 Total Adjustments - June 30, 2021 — — — — — — — — — — — — (206) (4,070) (4,276) September 30, 2021 Foreign currency translation adjustment — — — — — — — — — — — — 67 — 67 Private offering and merger financing — — — — — — — — — — — (331) — — (331) Net loss — — — — — — — — — — — — — 135 135 Total Adjustments - September 30, 2021 — — — — — — — — — — — (331) (139) (3,935) (4,405) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (896) — (896) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,999) (1,999) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,520,368 16,502 270,988 30,281,520 3 128,538 (2,458) (119,560) 6,523 Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 418 — 418 Stock-based compensation — — — — — — — — — — — 315 — — 315 Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Accumulated Total Stockholders’ Equity Temporary Equity Net loss — — — — — — — — — — — — — (6,202) (6,202) Balance at June 30, 2021 8,256,165 82,562 8,398,185 83,982 9,547,376 95,474 2,520,368 16,502 278,520 30,281,520 3 121,321 (2,040) (125,762) (6,478) Accrued dividends payable 265,602 2,656 287,998 2,880 236,142 2,361 — — 7,897 — — (7,897) — — (7,897) Foreign currency translation adjustment — — — — — — — — — — — — (1,255) — (1,255) Stock-based compensation — — — — — — — — — — — (3,519) — — (3,519) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,912 — — — — — — — — — 10,373,491 1 6,456 — — 6,457 Conversion of KORE warrants — — — — — — — — — 1,365,612 — 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $7,718 — — — — — — — — — 22,686,326 2 216,949 — — 216,951 Equity portion of convertible debt, net of issuance costs of $224 — — — — — — — — — — — 12,510 — — 12,510 Net loss — — — — — — — — — — — — — (4,373) (4,373) Balance at September 30, 2021 — — — — — — — — — 71,827,317 $ 7 $ 412,985 $ (3,295) $ (130,135) $ 279,562 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Cash Flows (Unaudited) (In thousands USD) For nine months ended September 30, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments Revised Cash flows from operating activities Net loss $ (12,474) $ (702) $ (342) $ 944 $ (12,574) Adjustments to reconcile net loss to net cash provided by (used in) operating activities Depreciation and amortization 37,947 — — (63) 37,884 Amortization of deferred financing costs 1,569 — — — 1,569 Deferred income taxes (8,197) 293 — 463 (7,441) Non-cash foreign currency loss (gain) (163) — — — (163) Stock-based compensation 4,564 — — — 4,564 Provision for doubtful accounts 117 — — — 117 Change in fair value of warrant liability (5,281) — — — (5,281) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (12,792) — — (164) (12,956) Inventories (6,461) — — — (6,461) Prepaid expenses and other current assets (5,054) — — (51) (5,105) Accounts payable and accrued liabilities (2,366) 409 342 (749) (2,364) Deferred revenue (911) — — — (911) Income taxes payable 63 — — (380) (317) Net cash used in operating activities $ (9,439) $ — $ — $ — $ (9,439) Net cash used in investing activities $ (9,782) $ — $ — $ — $ (9,782) Net cash provided by financing activities $ 81,772 $ — $ — $ — $ 81,772 Effect of exchange rate change on cash (188) (188) Change in cash and restricted cash 62,363 — — — 62,363 Cash and restricted cash, beginning of period $ 10,693 — — — $ 10,693 Cash and restricted cash, end of period $ 73,056 $ — $ — $ — $ 73,056

GEOGRAPHIC AREA INFORMATION

GEOGRAPHIC AREA INFORMATION	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
GEOGRAPHIC AREA INFORMATION	GEOGRAPHIC AREA INFORMATION No sales to an individual country other than the United States accounted for more than 10% of revenue for fiscal years 2022 and 2021. Revenue classified by the major geographic areas in which our customers were located and long-lived assets classified where held: Net Sales Long Lived Assets* December 31 December 31 (in Thousands, USD) 2022 2021 2022 2021 United States $ 211,599 $ 187,392 $ 152,361 $ 141,511 Other Countries 56,848 61,043 62,062 73,279 Total $ 268,447 $ 248,435 $ 214,423 $ 214,790 __________________

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS The Company has completed an evaluation of all subsequent events through April 7, 2023, to ensure that these consolidated financial statements include appropriate disclosure of events both recognized in the consolidated financial statements and events which occurred but were not recognized in the consolidated financial statements. Except as described below, the Company has concluded that no subsequent event has occurred that requires disclosure. As of March 26, 2023, KORE entered into an agreement to acquire Twilio's IoT business unit for ten million shares of KORE common stock to be issued to Twilio. This acquisition expands KORE's existing Deploy, Manage, and Scale capabilities by adding Build services to our one-stop-shop and, importantly, bolsters KORE's global, independent IoT Connectivity leadership position. Completion of the acquisition transaction is subject to customary closing conditions and is expected to close in the late second quarter of 2023.

SCHEDULE 1 - PARENT ONLY FINANC

SCHEDULE 1 - PARENT ONLY FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Schedule I – Parent Company Financial Information	SCHEDULE I – PARENT ONLY FINANCIAL INFORMATION The following presents condensed parent company only financial information of KORE Group Holdings, Inc. Condensed Balance Sheet (in thousands USD) December 31, December 31, Assets Non-current assets Investment in subsidiaries $ 192,549 $ 256,725 Total non-current assets 192,549 256,725 Total assets $ 192,549 $ 256,725 Liabilities and stockholders’ equity Long-term liabilities Warrant liability 33 286 Total liabilities $ 33 $ 286 Stockholders’ equity Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 76,292,241 and 72,027,743 shares issued and outstanding at December 31, 2022, and December 31, 2021 8 7 Additional paid-in capital 435,293 401,690 Accumulated other comprehensive loss (6,390) (3,463) Accumulated deficit (236,394) (141,795) Total stockholders’ equity $ 192,517 $ 256,439 Total liabilities and stockholders’ equity $ 192,550 $ 256,725 Condensed Statements of Loss and Comprehensive Loss (in thousands USD) For the years ended December 31, December 31, Equity in net loss of unconsolidated subsidiaries $ (94,759) $ (29,892) Change in fair value of warrant liability (254) (5,267) Loss before income taxes (94,505) (24,625) Net loss $ (94,505) $ (24,625) Other comprehensive loss: Foreign currency translation adjustment (2,927) (1,987) Comprehensive loss $ (97,432) $ (26,612) Condensed Statements of Cash Flows (in thousands USD) For the years ended December 31, December 31, Cash flows from operating activities Net loss $ (94,505) $ (24,625) Adjustments to reconcile net loss to net cash provided by operating activities Equity in net loss of unconsolidated subsidiaries 94,759 29,892 Change in fair value of warrant liability (254) (5,267) Cash provided by operating activities $ — $ — Cash flows from investing activities Distribution from subsidiary — 5,947 Cash provided by investing activities $ — $ 5,947 Issuance of common stock, net of transaction costs — 223,968 Settlement of preferred stock — (229,915) Cash used in financing activities $ — $ (5,947) Effect of exchange rate change on cash and restricted — — Change in cash and restricted cash — — Cash and restricted cash, beginning of year — — Cash and restricted cash, end of year $ — $ — Non-cash investing and financing activities: Fair value of KORE common stock issued pursuant to acquisition $ 23,295 $ — Share-based payment awards issued to employees of subsidiaries 10,296 1,839 On March 12, 2021, Maple Holdings Inc. (“Maple” or “pre-combination KORE”) entered into a definitive merger agreement (the “Business Combination”) with Cerberus Telecom Acquisition Corp. (NYSE: CTAC) (“CTAC”). On September 29, 2021, CTAC held a special meeting, at which CTAC’s shareholders voted to approve the proposals outlined in the proxy statement filed by CTAC with the Securities Exchange Commission (the “SEC”) on August 13, 2021, including, among other things, the adoption of the Business Combination and approval of the other transactions contemplated by the merger agreement. On September 30, 2021 (the “Closing Date”), as contemplated by the merger agreement, (i) CTAC merged with and into King LLC Merger Sub, LLC (“LLC Merger Sub”) (the “Pubco Merger”), with LLC Merger Sub being the surviving entity of the Pubco Merger and King Pubco, Inc. (“Pubco”) as parent of the surviving entity, (ii) immediately prior to the First Merger (as defined below), Cerberus Telecom Acquisition Holdings, LLC (the “Sponsor”) contributed 100% of its equity interests in King Corp Merger Sub, Inc. (“Corp Merger Sub”) to Pubco (the “Corp Merger Sub Contribution”), as a result of which Corp Merger Sub became a wholly owned subsidiary of Pubco, (iii) following the Corp Merger Sub Contribution, Corp Merger Sub merged with and into Maple (the “First Merger”), with Maple being the surviving corporation of the First Merger, and (iv) immediately following the First Merger and as part of the same overall transaction as the First Merger, Maple merged with and into LLC Merger Sub (the “Second Merger” and, together with the First Merger, being collectively referred to as the “Mergers” and, together with the other transactions contemplated by the merger agreement, the “Transactions” and the closing of the Transactions, the Business Combination), with LLC Merger Sub being the surviving entity of the Second Merger and Pubco being the sole member of LLC Merger Sub. In connection with the Business Combination, Pubco changed its name to “KORE Group Holdings, Inc.” (the “Company”). The combined Company remained listed on the NYSE under the new ticker symbol “KORE.” The Business Combination was accounted for as a reverse recapitalization as pre-combination KORE was determined to be the accounting acquirer and CTAC was treated as the “acquired” company for accounting purposes under FASB’s ASC Topic 805, Business Combination (“ASC 805”). Pre-combination KORE was determined to be the accounting acquirer based on the evaluation of the following facts and circumstances: • the equity holders of pre-combination KORE held the majority (54%) of voting rights in the Company; • the senior management of pre-combination KORE became the senior management of the Company; • in comparison with CTAC, pre-combination KORE has significantly more revenues and total assets and a larger net loss; and • the operations of pre-combination KORE comprise the ongoing operations of the Company, and the Company assumed pre-Combination KORE’s headquarters. Accordingly, for accounting purposes, the financial statements of the Company represent a continuation of the financial statements of pre-combination KORE with the acquisition being treated as the equivalent of pre-combination KORE issuing stock for the net assets of CTAC, accompanied by a recapitalization. The net assets of CTAC were stated at historical cost, with no goodwill or other intangible assets recorded. Pre-combination KORE was deemed to be the predecessor and the consolidated assets and liabilities and results of operations prior to September 30, 2021 are those of pre-combination KORE. In the condensed parent-company-only financial statements, the Company’s investment in subsidiaries is stated at cost plus equity in undistributed earnings of subsidiaries since the subsidiaries were originally acquired. The Company’s share of net loss of its subsidiaries is included in the condensed statements of loss and comprehensive loss using the equity method of accounting. These condensed parent-company-only financial statements should be read in connection with the consolidated financial statements and notes thereto of KORE Group Holdings, Inc. and subsidiaries. As of December 31, 2022, the Company has no purchase commitment, capital commitment and operating lease commitments. The Company is the guarantor of indebtedness for certain of its subsidiaries. (ii) Restricted Net Assets Schedule I of Rule 5-04 of Regulation S-X requires the condensed financial information of a registrant to be filed when the restricted net assets of the registrant’s subsidiaries exceed 25 percent of the registrant’s consolidated net assets as of the end of the most recently completed fiscal year. For purposes of this test, restricted net assets of the consolidated subsidiaries means the amount of the registrant’s proportionate share of net assets of the consolidated subsidiaries (after intercompany eliminations) which as of the end of the most recent fiscal year may not be transferred to the parent company by subsidiaries in the form of loans, advances or cash dividends without the consent of a third party (e.g., lender, regulatory agency, foreign government). The parent company financial statements have been prepared in accordance with Rule 12-04, Schedule I of Regulation S-X as the restricted net assets of the Company’s subsidiaries exceed 25% of the Company’s consolidated net assets. The Company is a holding company that conducts substantially all its business operations through its subsidiaries. The Company’s ability to pay dividends on the Company’s common stock is limited by restrictions on the ability of the Company and its subsidiaries to pay dividends or make distributions under the terms of agreements governing the indebtedness of the Company’s subsidiaries. Subject to the full terms and conditions under the agreements governing its indebtedness, the Company and its subsidiaries may be permitted to make dividends and distributions under such agreements if there is no event of default and certain pro-forma financial ratios (as defined by such agreements) are met.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. KORE Group Holdings, Inc. and its Subsidiaries (“the Company”) use the same accounting policies in preparing quarterly and annual financial statements. Therefore, these consolidated financial statements and accompanying notes should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022.
Recently Adopted and Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the FASB. ASUs not listed below were assessed and determined to be either not applicable or did not have a material impact on the Company's consolidated financial statements. The following ASUs have been adopted by the Company since the Company’s last Annual Report on Form 10-K. ASU 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments The Company adopted ASU 2016-13, on January 1, 2023, utilizing the modified retrospective method. The adoption of ASU 2016-13 modified the measurement of expected credit losses on certain financial instruments such as trade receivables that result from revenue transactions within the scope of ASC 606. The Company adopted ASU 2016-13 utilizing the loss rate method which considers historical loss rates, adjusted for current conditions, and reasonable and supportable forecasts to its trade receivable balances. The adoption of ASU 2016-13 did not have a material impact on the Company’s consolidated financial statements. ASU 2022-04, Liabilities—Supplier Finance Programs (Topic 405-50) - Disclosure of Supplier Finance Program Obligations The Company adopted ASU 2022-04, on January 1, 2023, except for the annual roll forward requirement which is effective for fiscal years beginning after December 15, 2023. The standard requires entities that use supplier finance programs to disclose the key terms, including a description of payment terms, the confirmed amount outstanding under the program at the end of each reporting period, a description of where those obligations are presented on the balance sheet, and an annual roll forward, including the amount of obligations confirmed and the amount paid during the period. The guidance does not affect the recognition, measurement, or financial statement presentation of obligations covered by supplier finance programs. See Note 5 for details of the program under the Premium Finance Agreement. Recently Issued Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the FASB. ASUs not listed here were assessed and determined to be either not applicable or are not expected to have a material impact on the Company's consolidated financial statements.	Recently Adopted Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the FASB. ASUs not listed below were assessed and determined to be either not applicable or did not have a material impact on the Company's consolidated financial statements. The following ASUs have been adopted by the Company during the fiscal year 2022: ASU 2016-02, ASU 2018-10, ASU 2018-11, ASU 2020-03 and ASU 2020-05, Leases (Topic 842) In February 2016, the FASB issued ASU 2016-02, Leases, to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. In July 2018, ASU 2018-10, Codification Improvements to ASC 2016-02, Leases, was issued to provide more detailed guidance and additional clarification for implementing ASU 2016-02. Furthermore, in July 2018, the FASB issued ASU 2018-11, Leases: Targeted Improvements, which provides an optional transition method in addition to the existing modified retrospective transition method by allowing a cumulative effect adjustment to the opening balance of retained earnings in the period of adoption. Furthermore, on June 3, 2020, the FASB deferred by one year the effective date of the new leases standard for private companies, private not-for-profits and public not-for-profits that have not yet issued (or made available for issuance) financial statements reflecting the new standard. Additionally, in March 2020, ASU 2020-03, Codification Improvements to Financial Instruments, Leases, was issued to provide more detailed guidance and additional clarification for implementing ASU 2016-02. Furthermore, in June 2020, ASU 2020-05, Revenue from Contracts with Customers and Leases, was issued to defer effective dates of adoption of the new leasing standard beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. These new leasing standards (collectively “ASC 842” or “the new standard”) are effective for the Company beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022, with early adoption permitted. A modified retrospective transition approach is required, applying the new standard to all leases existing at the date of initial application. We early adopted the new standard on January 1, 2022, which is the date of our initial application. Consequently, financial information will not be updated, and the disclosures required under the new standard will not be provided for dates and periods ending before January 1, 2022. The cumulative after-tax effect of the changes made to our consolidated balance sheet for the adoption of ASC 842 were as follows: (In thousands, USD) At December 31, 2021 Adjustments due to ASC 842 At January 1 Operating lease right-of-use assets $ — $ 9,278 $ 9,278 Current portion of operating lease liabilities — 2,121 2,121 Non-current portion of operating lease liabilities — 7,483 7,483 Current portion of capital lease liabilities included in Accrued liabilities 191 (191) — Current portion of finance lease liabilities included in Accrued liabilities — 191 191 Non-current portion of capital lease liabilities included in Other long-term liabilities 264 (264) — Non-current portion of finance lease liabilities included in Other long-term liabilities — 264 264 Accrued liabilities 22,353 (326) 22,027 In addition to the increase to the operating lease liabilities and right-of-use assets, ASC 842 also resulted in reclassifying the presentation of accrued liabilities and deferred rent to operating lease right-of-use assets. We elected the package of practical expedients permitted under the transition guidance within the new standard. Accordingly, we have adopted these practical expedients and did not reassess: (1) whether an expired or existing contract is a lease or contains an embedded lease; (2) lease classification of an expired or existing lease; or (3) capitalization of initial direct costs for an expired or existing lease. See Note 8 for additional information related to leases, including disclosure required under ASC 842. ASU 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40) In August 2020, the FASB issued ASU 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40) (“ASU 2020-06”) to simplify accounting for certain financial instruments. ASU 2020-06 eliminates the current models that require separation of beneficial conversion and cash conversion features from convertible instruments and simplifies the derivative scope exception guidance pertaining to equity classification of contracts in an entity’s own equity. The new standard also introduces additional disclosures for convertible debt and freestanding instruments that are indexed to and settled in an entity’s own equity. ASU 2020-06 amends the diluted earnings per share guidance, including the requirement to use the if-converted method for all convertible instruments. ASU 2020-06 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2023. Early adoption is permitted for fiscal years (including interim periods) beginning after December 15, 2020. The Company early adopted ASU 2020-06 on January 1, 2022, using a modified retrospective transition approach. Consequently, financial information will not be updated, and the disclosures required under the new standard will not be provided for dates and periods ending before January 1, 2022. Refer to “Note 10 –Long-Term Debt and Other Borrowings”, to the consolidated financial statements for further detail. The cumulative after-tax effect of the changes made to our consolidated balance sheet for the adoption of ASU 2020-06 were as follows: (In thousands, USD) At December 31, 2021 Adjustments due to ASU 2020-06 At January 1, Long-term debt and other borrowings, net $ 399,115 $ 15,163 $ 414,278 Additional paid-in capital 413,315 (11,613) 401,702 Deferred tax liabilities 37,925 (3,849) 34,076 Accumulated deficit (142,337) 299 (142,038) ASU 2021-04, Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options In May 2021, the FASB issued ASU 2021-04, Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options, which provides guidance on modifications or exchanges of a freestanding equity-classified written call option that is not within the scope of another Topic. An entity should treat a modification of the terms or conditions or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange as an exchange of the original instrument for a new instrument and provides further guidance on measuring the effect of a modification or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange. ASU 2021-04 also provides guidance on the recognition of the effect of a modification or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange on the basis of the substance of the transaction, in the same manner as if cash had been paid as consideration. ASU 2021-04 was effective for the Company beginning on January 1, 2022, and we will apply the amendments prospectively through December 31, 2022. There was no impact on our consolidated financial statements as a result of adopting this standard update. ASU 2020-04, Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting , to provide guidance on easing the potential burden in accounting for reference rate reform on financial reporting. ASU 2020-04 is effective from March 12, 2020 and may be applied prospectively through December 31, 2024. ASU 2020-04 was effective for the Company beginning on December 22, 2022. There was no impact on our consolidated financial statements as a result of adopting this standard update. Recently Issued Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the FASB. ASUs not listed below were assessed and determined to be either not applicable or are not expected to have a material impact on the Company's consolidated financial statements. ASU 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments , which requires the use of a new current expected credit loss (“CECL”) model in estimating allowances for doubtful accounts with respect to accounts receivable and notes receivable. Receivables from revenue transactions, or trade receivables, are recognized when the corresponding revenue is recognized under ASC 606, Revenue from Contracts with Customers . The CECL model requires that the Company estimate its lifetime expected credit loss with respect to these receivables and record allowances when deducted from the balance of the receivables, which represent the estimated net amounts expected to be collected. Given the generally short-term nature of trade receivables, the Company does not expect to apply a discounted cash flow methodology. However, the Company will consider whether historical loss rates are consistent with expectations of forward-looking estimates for its trade receivables. In November 2018, the FASB issued ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments—Credit Losses to clarify that operating lease receivables recorded by lessors are explicitly excluded from the scope of ASU 2016-13. This ASU (collectively “ASC 326”) is effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. The Company does not expect adoption of this ASU to have a material impact in the consolidated financial statements. ASU 2020-03, Codification Improvements to Financial Instruments In March 2020, the FASB issued ASU 2020-03, Codification Improvements to Financial Instruments , which clarifies specific issues raised by stakeholders. Specifically, the ASU: • Clarifies that all entities are required to provide the fair value option disclosures in ASC 825, Financial Instruments. • Clarifies that the portfolio exception in ASC 820, Fair Value Measurement, applies to nonfinancial items accounted for as derivatives under ASC 815, Derivatives and Hedging. • Clarifies that for purposes of measuring expected credit losses on a net investment in a lease in accordance with ASC 326, Financial Instruments - Credit Losses, the lease term determined in accordance with ASC 842, Leases, should be used as the contractual term. • Clarifies that when an entity regains control of financial assets sold, it should recognize an allowance for credit losses in accordance with ASC 326. • Aligns the disclosure requirements for debt securities in ASC 320, Investments - Debt Securities, with the corresponding requirements for depository and lending institutions in ASC 942, Financial Services - Depository and Lending.

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation		Basis of Presentation The Company’s consolidated financial statements are expressed in U.S. dollars and have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). Intercompany balances and transactions were eliminated upon consolidation. The preparation of consolidated financial statements in conformity with US GAAP requires management to make use of estimates and assumptions that affect the reported amounts and disclosures. The Business Combination was accounted for as a reverse recapitalization as pre-combination KORE was determined to be the accounting acquirer under Financial Accounting Standard Board's ("FASB") ASC Topic 805, Business Combination (“ASC 805”). Pre-combination KORE was determined to be the accounting acquirer based on the evaluation of the following facts and circumstances: • the equity holders of pre-combination KORE held the majority (54%) of voting rights in the Company; • the senior management of pre-combination KORE became the senior management of the Company; • in comparison with CTAC, pre-combination KORE has significantly more revenues and total assets and a larger net loss; and, • the operations of pre-combination KORE comprise the ongoing operations of the Company, and the Company assumed pre-Combination KORE’s headquarters.
Foreign Currency		Foreign Currency The functional currency of the Company’s foreign subsidiaries is generally the local currency. Any transactions recorded in the Company’s foreign subsidiaries denominated in a currency other than the local currency are remeasured using current exchange rates each reporting period with the resulting unrealized gains or losses being included in selling, general and administrative expenses in the consolidated statements of operations.
Segments		SegmentsOperating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the CODM in deciding how to allocate resources to the individual segment and in assessing performance. The Company’s CODM is its Chief Executive Officer. The Company has determined that it operates in one operating segment and one reportable segment, as the CODM reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance.
Use of Estimates		Use of Estimates The preparation of consolidated financial statements, in conformity with US GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the consolidated financial statements relate to the following; (1) revenue recognition such as determining the nature and timing of the satisfaction of performance obligations, (2) revenue reserves, (3) allowances for accounts receivable, (4) inventory obsolescence, (5) the measurement of assets acquired and liabilities assumed in business combinations at fair value, (6) assessment of indicators of goodwill impairment and the determination of the fair value of the Company’s reporting unit, (7) determination of useful lives of the Company’s intangible assets and equipment, (8) the assessment of expected cash flows used in evaluating long-lived assets for impairment, (9) the calculation of capitalized software costs, and (10) accounting for uncertainties in income tax positions. Although these estimates are based on management’s best knowledge of current events and actions that the Company may undertake in the future, actual results may be different from these estimates.
Revenue Recognition		Revenue Recognition We recognize revenue under ASC 606, Revenue from Contracts with Customers by apply the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, the Company satisfies a performance obligation. Payments are generally due and received within 30-60 days from the point of billing customers. The Company derives revenues primarily from IoT Connectivity and IoT Solutions. Connectivity arrangements provide customers with secure and reliable wireless connectivity to mobile and fixed devices through various mobile network carriers. Revenue from IoT Connectivity consists of monthly recurring charges (“MRC’s”) and overage/usage charges, and contracts are generally short-term in nature (i.e., month-to-month arrangements). Revenue for MRC’s and overage/usage charges are recognized over time as the Company satisfies the performance obligation (generally starting when an enrolled device is activated on the Company’s platform). Most of the MRC’s are billed monthly in advance (generally in the last week of a month); any amounts billed for which the service has not been provided as of the balance sheet dates are reported as a contract liability and components of deferred revenue. Overage/usage charges are billed in arrears on a monthly cycle. Overage/usage charges are evaluated on a monthly basis, and any overage/usage charges determined by management as unlikely to be collected due to a customer disputing the charge or due to a concession are reserved. Reserved items are written off when deemed uncollectible or recognized as revenue if collected. Certain IoT Connectivity customers also have the option to purchase products and/or equipment (e.g. subscriber identification module or “SIM” cards, routers, phones, or tablets) from the Company on an as needed basis. Product sales to IoT Connectivity customers are recognized when control is transferred to the customer, which is typically upon shipment of the product. IoT Solutions arrangements include device solutions (including connectivity), deployment services, and/or technology-related professional services. Management evaluates each IoT Solutions arrangement to determine the contract for accounting purposes. If a contract contains more than one performance obligation, consideration is allocated to each performance obligation based on standalone selling prices (“SSPs”). When available, the Company uses observable prices to determine SSPs. When observable prices are not available, SSPs are established that reflect the Company's best estimates of what the selling price of the performance obligations would be if they were sold regularly on a stand-alone basis. The Company's process for estimating SSPs without observable prices consider multiple factors that may vary depending upon the unique facts and circumstances related to each performance obligation including, where applicable, prices charged by the Company for similar offerings, market trends in the pricing for similar offerings, product-specific business objectives and the estimated cost to provide the performance obligation. Hardware, deployment services, and connectivity services generally have readily observable prices. The standalone selling price of our warehouse management services (which is associated with our bill-and-hold inventory and determined to be immaterial as discussed below) was determined using a cost-plus-margin approach with the primary assumptions including Company profit objectives, internal cost structure, and current market trends. Device and other hardware sales in IoT Solutions arrangements are generally accounted for as separate contracts since the customer is not obligated to purchase additional services when committing to the purchase of any products. Such sales are typically recognized upon shipment to the customer. However, in certain contracts, the customer has requested the Company to hold the products ordered for later shipment to the customer’s remote location or to the customer’s end user as a part of a vendor managed inventory model. In these situations, management has concluded that transfer of control to the customer occurs prior to shipment. In these “bill-and-hold” arrangements, the right to invoice, transfer of legal title and transfer of the risk and rewards associated with the products occurs when the Company receives the hardware from a third-party vendor and has deemed it to be functional. Additionally, the products are identified both physically and systematically as belonging to a specific customer, are usable by the customer, and are only shipped, used, or disposed as directed by the specific customer. Based on these factors, management recognizes revenue on bill-and-hold hardware when the hardware is received by the Company and deemed functional. As part of the bill-and-hold arrangements, the Company performs a service related to the storage of the hardware. The Company has determined that any storage fee related to bill-and-hold inventory is immaterial to the consolidated financial statements taken as a whole. Deployment services consist of the Company preparing hardware owned by a customer for use by a customer’s end user. Deployment and connectivity may both be included within a single IoT Solutions contract and are considered separate performance obligations. While consideration for deployment services is generally fixed when ordered by the client, consideration for connectivity services is variable and solely related to the connectivity services. Therefore, the fixed consideration is allocated to the deployment services and is recognized as revenue when the services are provided (i.e. when the related hardware is shipped to the customer). Connectivity within IoT Solutions contracts are recognized similar to the IoT Connectivity as described above, since such contracts are generally short term in nature and variability is resolved each month as the services are provided. Professional services are generally provided over a contract term of one to two months. Revenue is recognized over time on an input method basis (typically, based on hours completed to date and an estimate of total hours to complete the project). There are no material instances where variable consideration is constrained and not recorded at the initial time of sale. Product returns are recorded as a reduction to revenue based on anticipated sales returns that occur in the normal course of business and are immaterial for the years ended December 31, 2022, and 2021. The Company primarily has assurance-type warranties that do not result in separate performance obligations. The Company does not have material unfulfilled performance obligation balances for contracts with an original length greater than one year in any of the years presented. Additionally, the Company does not have material costs related to obtaining a contract with amortization periods greater than one year for any of the years presented. Overage usage charges are evaluated on a monthly basis, and any overage/usage charges determined by management as unlikely to be collected due to a customer disputing the charge or due to a concession are reserved in the month billed and are not initially recognized as revenue. These amounts are netted against accounts receivable and reversed when credited to the customer account, generally no longer than one to two months after initial billing. The Company applies ASC 606 utilizing the following allowable exemptions or practical expedients: • Exemption to not disclose the unfulfilled performance obligation balance for contracts with an original length of one year or less. • Practical expedient to recognize the incremental costs of obtaining a contract as an expense when incurred if the amortization period of the asset that the entity otherwise would have recognized is one year or less. • Election to present revenue net of sales taxes and other similar taxes. • Election from recognizing shipping and handling activities as a separate performance obligation.
Restricted Cash		Restricted CashRestricted cash represents cash deposits held with financial institutions for letters of credit and is not available for general corporate purposes.
Concentrations of Credit Risk and Off-Balance-Sheet Risk		Concentrations of Credit Risk and Off-Balance-Sheet Risk Cash is a financial instrument that is potentially subject to concentrations of credit risk. The Company’s cash is deposited in accounts at large financial institutions, and amounts may exceed federally insured limits. The Company believes it is not exposed to significant credit risk due to the financial strength of the depository institutions in which the cash is held. The Company has no other financial instruments with off-balance-sheet risk of loss.
Accounts Receivable, Net of Allowance for Doubtful Accounts		Accounts Receivable, Net of Allowance for Doubtful AccountsThe carrying amount of accounts receivable is reduced by a valuation allowance that reflects management’s best estimate of the amounts that will not be collected. Management reviews all accounts receivable balances that exceed terms from the invoice date individually, and based on an assessment of current creditworthiness, past payment history, and historical loss experience, and provides an allowance for the portion, if any, of the balance not expected to be collected. All accounts or portions thereof considered uncollectible or require excessive collection costs are written off to the allowance for doubtful accounts and recorded under selling, general and administrative expense in the consolidated statements of operations.
Inventories		InventoriesThe Company records its inventory, which primarily consists of finished goods such as SIM cards, other hardware and packaging materials, using the first-in, first-out method, except for certain legacy acquisition that use weighted average cost method to account for approximately 14% of the total consolidated inventory. Certain items in inventory require limited assembly procedures to be performed before shipping the items to customers. Due to the insignificant nature and cost associated with the assembly procedures, the Company classifies these items as finished goods. Inventories are stated at the lower of cost or net realizable value. The Company performs ongoing evaluations and maintains a reserve if necessary for slow-moving and obsolete items, based upon factors surrounding the inventory age, amount of inventory on hand and projected sales.
Property and Equipment		Property and Equipment The Company’s property and equipment primarily consist of computer hardware and software, networking equipment as well as furniture and fixtures. Property and equipment are recorded at cost and are depreciated over their estimated useful lives using the declining-balance method at the following annual rates: Computer hardware and software 30 % Networking equipment 20 % Furniture and fixtures 20 % Maintenance, repairs, and ordinary replacements are recorded under selling, general and administrative expenses in the consolidated statement of operations as incurred. Expenditures for improvements that extend the physical or economic life of the property are capitalized. Leasehold improvements are depreciated using the straight-line method over the shorter of the estimated useful life or the remaining term of the lease. The Company includes computer software in property and equipment as the software is integral to enabling the functioning of the hardware.
Leases		Leases At the beginning of the first quarter of fiscal 2022, the Company adopted the FASB Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) (“ASU 2016-02”), and additional ASUs issued to clarify and update the guidance in ASU 2016-02 (collectively, the “new leases standard”). The Company leases real estate, computer hardware and vehicles for use in our operations under both operating and finance leases. The Company assesses whether an arrangement is a lease or contains a lease at inception. For arrangements considered leases or that contain a lease that is accounted for separately, we determine the classification and initial measurement of the right-of-use asset and lease liability at the lease commencement date, which is the date that the underlying asset becomes available for use. For both operating and finance leases, we recognize a right-of-use asset, which represents our right to use the underlying asset for the lease term, and a lease liability, which represents the present value of our obligation to make payments arising over the lease term. The present value of our obligation to make payments is calculated using the incremental borrowing rate for operating and finance leases. The incremental borrowing rate is determined using a portfolio approach based on the rate of interest that the Company would have to pay to borrow an amount equal to the lease payments on a collateralized basis over a similar term. Management uses the unsecured borrowing rate and risk-adjusts that rate to approximate a collateralized rate, which will be updated on an annual basis for the measurement of new lease liabilities. In those circumstances where the Company is the lessee, we have elected to account for non-lease components associated with our leases (e.g., common area maintenance costs) and lease components as a single lease component for all of our asset classes. Operating lease cost for operating leases is recognized on a straight-line basis over the term of the lease and is included in selling, general and administrative expense in our consolidated statements of operations, based on the use of the facility on which rent is being paid. Operating leases with a term of 12 months or less are not recorded on the balance sheet; we recognize a rent expense for these leases on a straight-line basis over the lease term. The Company recognizes the amortization of the right-of-use asset for our finance leases on a straight-line basis over the shorter of the term of the lease or the useful life of the right-of-use asset in depreciation and amortization expense in our consolidated statements of operations. The interest expense related to finance leases is recognized using the effective interest method based on the discount rate determined at lease commencement and is included within interest expense in our consolidated statements of operations.
Internal Use Software		Internal Use SoftwareCertain costs of platform and software applications developed for internal use are capitalized as intangible assets. Capitalization of costs begins when two criteria are met: (i) the preliminary project stage is completed (i.e. application development stage) and (ii) it is probable that the software will be completed and used for its intended function. The Company also capitalizes costs related to specific upgrades and enhancements when it is probable the expenditure will result in additional functionality. Costs incurred for maintenance, minor upgrades and enhancements are recorded under selling, general and administrative expenses in the consolidated statement of operations as incurred. Costs related to preliminary project activities and post-implementation operating activities are also recorded under selling, general and administrative expenses in the consolidated statement of operations as incurred. The Company amortizes the capitalized costs on a straight-line basis over the useful life of the asset.
Business Combinations		Business Combinations The Company allocates the fair value of the consideration transferred to the assets acquired and liabilities assumed based on their fair values at the acquisition date. The excess of the fair value of consideration transferred over the fair value of the assets acquired, and liabilities assumed is recorded as goodwill. Acquisition-related expenses and restructuring costs are recognized separately from the business combination and expensed as incurred. All changes in accounting for deferred tax asset valuation allowances and acquired income tax uncertainties after the measurement period are recognized as a component of provision for income taxes. When determining the fair values of assets acquired and liabilities assumed, management makes significant estimates and assumptions, especially with respect to intangible assets. Critical estimates in valuing intangible assets include expected future cash flows based on consideration of future growth rates and margins, customer attrition rates, future changes in technology and brand awareness and discount rates. Fair value estimates are based on the assumptions management believes a market
Fair Value Measurement		Fair Value Measurements The Company applies the provisions of ASC 820, Fair Value Measurements, for fair value measurements of financial assets and financial liabilities and for fair value measurements of non-financial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company also applied the provisions of the subtopic to fair value measurements of non-financial assets and non-financial liabilities that are recognized or disclosed at fair value in the financial statements on a non-recurring basis. The subtopic defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The subtopic also establishes a framework for measuring fair value and expands disclosures about fair value measurements. The fair value framework requires the Company to categorize certain assets and liabilities into three levels, based upon the assumptions used to price those assets or liabilities. The three levels are defined as follows: Level 1. Quoted prices in active markets for identical assets or liabilities. Level 2. Quoted prices for similar assets and liabilities in active markets or inputs that are observable. Level 3. Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability. The Company has determined the estimated fair value of its financial instruments based on appropriate valuation methodologies; however, considerable judgment is required to develop these estimates. Accordingly, these estimated fair values are not necessarily indicative of the amounts the Company could realize in a current market exchange. The estimated fair values can be materially affected by using different assumptions or methodologies. The methods and assumptions used in estimating the fair values of financial instruments are based on carrying values and future cash flows. Cash is stated at cost, which approximates fair value. The carrying amounts reported in the balance sheet for accounts receivable, accounts payable, and accrued liabilities approximate fair value, due to their short-term maturities. Long-term debt is carried at amortized cost using the effective interest rate method. The Company’s outstanding borrowings are not required to be measured at fair value at the end of each reporting period. The carrying and fair values of the Company’s outstanding borrowings are disclosed at the end of each reporting period in “Note 10 – Long Term Debt and Other Borrowings, net” to the consolidated financial statements. The Notes under the Backstop agreement, are carried at amortized cost using the effective interest rate method and is disclosed in “Note 10 – Long Term Debt and Other Borrowings, net” to the consolidated financial statements.
Stock-Based Compensation		Stock-Based Compensation The Company has had several stock-based compensation plans, which are more fully described in “Note 13 - Stock-Based Compensation”, to the consolidated financial statements. Stock-based compensation is generally recognized as an expense following the straight-line attribution method over the requisite service period. The fair value of stock-based compensation is measured on the grant date based on the grant-date fair value of the awards using the lattice model.
Intangible Assets		Intangible Assets Identifiable intangible assets acquired individually or as part of a group of other assets are initially recognized and measured at cost. The cost of a group of intangible assets acquired in a transaction, including those acquired in a business combination that meet the specified criteria for recognition apart from goodwill, is the sum of the individual assets acquired based on their acquisition date fair values. The cost incurred to enhance the service potential of an intangible asset is capitalized as a betterment. Identifiable intangible assets comprise assets that have a definite life amortized on a straight-line basis over their estimated useful lives as follows: Customer relationships 10-13 years Technology 5-9 years Carrier contracts 10 years Trademarks 9-10 years Internally developed computer software 3-5 years The Company capitalizes costs directly related to the design, deployment and enhancements of its internal operating support systems, including employee-related costs.
Goodwill		Goodwill Goodwill represents the excess fair value of consideration transferred over the fair value of the net identifiable assets acquired in a business combination. Goodwill is evaluated annually on October 1st for impairment or more frequently if impairment indicators are present. A qualitative assessment is performed to determine whether the existence of events or circumstances leads to a determination that it is more likely than not the fair value of the reporting unit is less than its carrying amount. Qualitative factors considered are macroeconomics conditions such as geographical location and fluctuations in foreign exchange, industry and market conditions, financial performance including both profitability and cash flows from operations, entity-specific events and share price trends. If, based on the qualitative assessment, it is determined that it is more likely than not the fair value of the reporting unit is less than its carrying amount, then a quantitative test is performed and an impairment loss is recognized in an amount equal to the excess of the carrying value over the fair value of the reporting unit, limited to the total amount of goodwill allocated to that reporting unit. Under a quantitative test, the Company obtains a third-party valuation of the fair value of the reporting unit. Assumptions used in the fair value calculation include revenue growth and profitability, terminal values, discount rates, and implied control premium. These assumptions are consistent with those the Company believes hypothetical marketplace participants would use.
Deferred Financing Costs		Deferred Financing Costs Deferred financing costs consist principally of debt issuance costs which are being amortized using the effective interest method over the terms of the related debt agreements and are presented in the consolidated balance sheets as direct deductions from long-term debt. Issuance costs for credit facilities are recorded in other long-term assets in the consolidated balance sheets and are amortized over the term of the agreement using the straight-line method.
Defined Contribution Plans		Defined Contribution Plans The Company sponsors defined contribution plans (the “Plans”) that cover our domestic and international employees following the completion of an eligibility period. Under the Plans, participating employees may defer a portion of their pretax earnings up to the limits provided by local statutory requirements. The Company makes matching contributions, subject to limits of the base compensation that a participant contributes to the Plan. The Company’s matching contributions vest over up to a maximum of four years from the participant’s date of hire. The Company records its portion of matching contributions as an expense within the selling, general and administrative financial statement line item.
Impairment of Long-Lived Assets		Impairment of Long-Lived Assets The Company reviews long-lived assets, such as property and equipment, and purchased intangibles subject to amortization, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. Assets to be disposed of by sale would be separately presented in the consolidated balance sheet and reported at the lower of the carrying amount or fair value less costs to sell and are no longer depreciated. The assets and liabilities of a group classified as held for sale would be presented separately in the appropriate asset and liability sections of the consolidated balance sheet. There were no assets classified as held for sale at any of the balance sheet dates presented.
Income Taxes		Income Taxes The Company provides for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company recognized the effect of income tax positions only if those positions are more likely than not to be sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely to be realized. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the year that includes the date of enactment. A valuation allowance is recorded to reduce deferred tax assets to an amount, which, in the opinion of management, is more likely than not to be realized. The Company considers factors such as the cumulative income or loss in recent years; reversal of deferred tax liabilities; projected future taxable income exclusive of temporary differences; the character of the income tax asset, including income tax positions; tax planning strategies and other factors in the determination of the valuation allowance.
Earnings (Loss) Per Share		Earnings (Loss) Per Share The Company calculates basic and diluted earnings/(loss) per common share. Basic earnings/(loss) per share is calculated by dividing earnings/(loss) for the period by the weighted-average common shares outstanding for the period including outstanding KORE warrants. Diluted earnings/(loss) per share includes the effect of dilutive instruments and uses the average share price for the period in determining the number of shares that are to be added to the weighted-average number of shares outstanding. Cumulative dividends on preferred shares were subtracted from net income/(loss) to arrive at earnings/(loss) attributable to common stockholders. In periods of net income, the Company allocates net income to the common shares under the two-class method for th e unvested share-based payment awards that contain participating rights to dividends or dividend equivalents (whether paid or unpaid). Because the share-based awards do not have an obligation to fund losses, they are not included in the calculation during periods of losses because their effect would be antidilutive.
Reclassifications in the financial statements		Reclassifications in the consolidated financial statementsCertain reclassifications have been made to the 2021 consolidated financial statements to conform to the 2022 presentation for leases. These reclassifications did not have a significant impact in the consolidated financial statements presented.
Comprehensive Loss and Accumulated Other Comprehensive Loss		Comprehensive Loss and Accumulated Other Comprehensive Loss The Company has included the consolidated statements of comprehensive loss in the accompanying consolidated financial statements, which include the effects of foreign currency translation adjustments relating to the Company's foreign operations.
Recently Adopted and Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the FASB. ASUs not listed below were assessed and determined to be either not applicable or did not have a material impact on the Company's consolidated financial statements. The following ASUs have been adopted by the Company since the Company’s last Annual Report on Form 10-K. ASU 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments The Company adopted ASU 2016-13, on January 1, 2023, utilizing the modified retrospective method. The adoption of ASU 2016-13 modified the measurement of expected credit losses on certain financial instruments such as trade receivables that result from revenue transactions within the scope of ASC 606. The Company adopted ASU 2016-13 utilizing the loss rate method which considers historical loss rates, adjusted for current conditions, and reasonable and supportable forecasts to its trade receivable balances. The adoption of ASU 2016-13 did not have a material impact on the Company’s consolidated financial statements. ASU 2022-04, Liabilities—Supplier Finance Programs (Topic 405-50) - Disclosure of Supplier Finance Program Obligations The Company adopted ASU 2022-04, on January 1, 2023, except for the annual roll forward requirement which is effective for fiscal years beginning after December 15, 2023. The standard requires entities that use supplier finance programs to disclose the key terms, including a description of payment terms, the confirmed amount outstanding under the program at the end of each reporting period, a description of where those obligations are presented on the balance sheet, and an annual roll forward, including the amount of obligations confirmed and the amount paid during the period. The guidance does not affect the recognition, measurement, or financial statement presentation of obligations covered by supplier finance programs. See Note 5 for details of the program under the Premium Finance Agreement. Recently Issued Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the FASB. ASUs not listed here were assessed and determined to be either not applicable or are not expected to have a material impact on the Company's consolidated financial statements.	Recently Adopted Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the FASB. ASUs not listed below were assessed and determined to be either not applicable or did not have a material impact on the Company's consolidated financial statements. The following ASUs have been adopted by the Company during the fiscal year 2022: ASU 2016-02, ASU 2018-10, ASU 2018-11, ASU 2020-03 and ASU 2020-05, Leases (Topic 842) In February 2016, the FASB issued ASU 2016-02, Leases, to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. In July 2018, ASU 2018-10, Codification Improvements to ASC 2016-02, Leases, was issued to provide more detailed guidance and additional clarification for implementing ASU 2016-02. Furthermore, in July 2018, the FASB issued ASU 2018-11, Leases: Targeted Improvements, which provides an optional transition method in addition to the existing modified retrospective transition method by allowing a cumulative effect adjustment to the opening balance of retained earnings in the period of adoption. Furthermore, on June 3, 2020, the FASB deferred by one year the effective date of the new leases standard for private companies, private not-for-profits and public not-for-profits that have not yet issued (or made available for issuance) financial statements reflecting the new standard. Additionally, in March 2020, ASU 2020-03, Codification Improvements to Financial Instruments, Leases, was issued to provide more detailed guidance and additional clarification for implementing ASU 2016-02. Furthermore, in June 2020, ASU 2020-05, Revenue from Contracts with Customers and Leases, was issued to defer effective dates of adoption of the new leasing standard beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. These new leasing standards (collectively “ASC 842” or “the new standard”) are effective for the Company beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022, with early adoption permitted. A modified retrospective transition approach is required, applying the new standard to all leases existing at the date of initial application. We early adopted the new standard on January 1, 2022, which is the date of our initial application. Consequently, financial information will not be updated, and the disclosures required under the new standard will not be provided for dates and periods ending before January 1, 2022. The cumulative after-tax effect of the changes made to our consolidated balance sheet for the adoption of ASC 842 were as follows: (In thousands, USD) At December 31, 2021 Adjustments due to ASC 842 At January 1 Operating lease right-of-use assets $ — $ 9,278 $ 9,278 Current portion of operating lease liabilities — 2,121 2,121 Non-current portion of operating lease liabilities — 7,483 7,483 Current portion of capital lease liabilities included in Accrued liabilities 191 (191) — Current portion of finance lease liabilities included in Accrued liabilities — 191 191 Non-current portion of capital lease liabilities included in Other long-term liabilities 264 (264) — Non-current portion of finance lease liabilities included in Other long-term liabilities — 264 264 Accrued liabilities 22,353 (326) 22,027 In addition to the increase to the operating lease liabilities and right-of-use assets, ASC 842 also resulted in reclassifying the presentation of accrued liabilities and deferred rent to operating lease right-of-use assets. We elected the package of practical expedients permitted under the transition guidance within the new standard. Accordingly, we have adopted these practical expedients and did not reassess: (1) whether an expired or existing contract is a lease or contains an embedded lease; (2) lease classification of an expired or existing lease; or (3) capitalization of initial direct costs for an expired or existing lease. See Note 8 for additional information related to leases, including disclosure required under ASC 842. ASU 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40) In August 2020, the FASB issued ASU 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40) (“ASU 2020-06”) to simplify accounting for certain financial instruments. ASU 2020-06 eliminates the current models that require separation of beneficial conversion and cash conversion features from convertible instruments and simplifies the derivative scope exception guidance pertaining to equity classification of contracts in an entity’s own equity. The new standard also introduces additional disclosures for convertible debt and freestanding instruments that are indexed to and settled in an entity’s own equity. ASU 2020-06 amends the diluted earnings per share guidance, including the requirement to use the if-converted method for all convertible instruments. ASU 2020-06 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2023. Early adoption is permitted for fiscal years (including interim periods) beginning after December 15, 2020. The Company early adopted ASU 2020-06 on January 1, 2022, using a modified retrospective transition approach. Consequently, financial information will not be updated, and the disclosures required under the new standard will not be provided for dates and periods ending before January 1, 2022. Refer to “Note 10 –Long-Term Debt and Other Borrowings”, to the consolidated financial statements for further detail. The cumulative after-tax effect of the changes made to our consolidated balance sheet for the adoption of ASU 2020-06 were as follows: (In thousands, USD) At December 31, 2021 Adjustments due to ASU 2020-06 At January 1, Long-term debt and other borrowings, net $ 399,115 $ 15,163 $ 414,278 Additional paid-in capital 413,315 (11,613) 401,702 Deferred tax liabilities 37,925 (3,849) 34,076 Accumulated deficit (142,337) 299 (142,038) ASU 2021-04, Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options In May 2021, the FASB issued ASU 2021-04, Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options, which provides guidance on modifications or exchanges of a freestanding equity-classified written call option that is not within the scope of another Topic. An entity should treat a modification of the terms or conditions or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange as an exchange of the original instrument for a new instrument and provides further guidance on measuring the effect of a modification or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange. ASU 2021-04 also provides guidance on the recognition of the effect of a modification or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange on the basis of the substance of the transaction, in the same manner as if cash had been paid as consideration. ASU 2021-04 was effective for the Company beginning on January 1, 2022, and we will apply the amendments prospectively through December 31, 2022. There was no impact on our consolidated financial statements as a result of adopting this standard update. ASU 2020-04, Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting , to provide guidance on easing the potential burden in accounting for reference rate reform on financial reporting. ASU 2020-04 is effective from March 12, 2020 and may be applied prospectively through December 31, 2024. ASU 2020-04 was effective for the Company beginning on December 22, 2022. There was no impact on our consolidated financial statements as a result of adopting this standard update. Recently Issued Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the FASB. ASUs not listed below were assessed and determined to be either not applicable or are not expected to have a material impact on the Company's consolidated financial statements. ASU 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments , which requires the use of a new current expected credit loss (“CECL”) model in estimating allowances for doubtful accounts with respect to accounts receivable and notes receivable. Receivables from revenue transactions, or trade receivables, are recognized when the corresponding revenue is recognized under ASC 606, Revenue from Contracts with Customers . The CECL model requires that the Company estimate its lifetime expected credit loss with respect to these receivables and record allowances when deducted from the balance of the receivables, which represent the estimated net amounts expected to be collected. Given the generally short-term nature of trade receivables, the Company does not expect to apply a discounted cash flow methodology. However, the Company will consider whether historical loss rates are consistent with expectations of forward-looking estimates for its trade receivables. In November 2018, the FASB issued ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments—Credit Losses to clarify that operating lease receivables recorded by lessors are explicitly excluded from the scope of ASU 2016-13. This ASU (collectively “ASC 326”) is effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. The Company does not expect adoption of this ASU to have a material impact in the consolidated financial statements. ASU 2020-03, Codification Improvements to Financial Instruments In March 2020, the FASB issued ASU 2020-03, Codification Improvements to Financial Instruments , which clarifies specific issues raised by stakeholders. Specifically, the ASU: • Clarifies that all entities are required to provide the fair value option disclosures in ASC 825, Financial Instruments. • Clarifies that the portfolio exception in ASC 820, Fair Value Measurement, applies to nonfinancial items accounted for as derivatives under ASC 815, Derivatives and Hedging. • Clarifies that for purposes of measuring expected credit losses on a net investment in a lease in accordance with ASC 326, Financial Instruments - Credit Losses, the lease term determined in accordance with ASC 842, Leases, should be used as the contractual term. • Clarifies that when an entity regains control of financial assets sold, it should recognize an allowance for credit losses in accordance with ASC 326. • Aligns the disclosure requirements for debt securities in ASC 320, Investments - Debt Securities, with the corresponding requirements for depository and lending institutions in ASC 942, Financial Services - Depository and Lending.

REVENUE (Tables)

REVENUE (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Summary of Disaggregation Revenue	The Company has presented the disaggregated disclosures below which are useful to understand the composition of the Company’s revenue during the respective reporting periods shown below: Three Months Ended (In thousands, USD) March 31, 2023 2022 IoT Connectivity* $ 43,244 $ 43,053 Hardware Sales 16,444 19,012 Hardware Sales—bill-and-hold 2,197 2,422 Deployment services, professional services, referral services and other 4,090 4,491 Total $ 65,975 $ 68,978 __________________	The Company views the following disaggregated disclosures as useful to understand the composition of revenue recognized during the respective reporting periods: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 IoT Connectivity* $ 173,162 $ 164,610 Hardware Sales 69,091 54,898 Hardware Sales - bill-and-hold 10,736 5,357 Deployment services, professional services, referral services, and other 15,458 23,570 Total $ 268,447 $ 248,435 __________________ * Includes connectivity-related revenues from IoT Connectivity and IoT Solutions

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Allocation of Consideration Transferred for Acquired Companies	The following table summarizes the allocation of the consideration transferred for the Acquired Companies, including the identified assets acquired and liabilities assumed as of the acquisition date. (In thousands, USD) Fair Value Cash, (net of closing cash of $1,995) and working capital adjustments $ 46,002 Fair value of KORE common stock issued to sellers (4,212,246 shares) 23,295 Total consideration $ 69,297 Assets acquired: Accounts receivable 3,303 Inventories 1,323 Prepaid expenses and other receivables 976 Property and equipment 201 Intangible assets 28,664 Total Assets acquired 34,467 Liabilities assumed: Deferred tax liabilities 7,391 Accounts payable and accrued liabilities 2,638 Liabilities assumed 10,029 Net identifiable assets acquired 24,438 Goodwill (excess of consideration transferred over net identifiable assets acquired) $ 44,859	The following table summarizes the allocation of the consideration transferred for BMP, including the identified assets acquired and liabilities assumed as of the acquisition date. (In thousands, USD, except share amounts) Fair Value Cash, (net of closing cash of $1,995) and working capital adjustments $ 46,002 Fair value of KORE Common Stock issued to sellers (4,212,246 shares) 23,295 Total consideration $ 69,297 Assets acquired: Accounts receivable 3,303 Inventories 1,323 Prepaid expenses and other receivables 976 Property and equipment 201 Intangible assets 28,664 Total Assets acquired 34,467 Liabilities assumed: Deferred tax liabilities 7,391 Accounts payable and accrued liabilities 2,638 Liabilities assumed 10,029 Net identifiable assets acquired 24,438 Goodwill (excess of consideration transferred over net identifiable assets acquired) $ 44,859

ACCOUNTS RECEIVABLE (Tables)

ACCOUNTS RECEIVABLE (Tables)	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Schedule of Accounts Receivable	The following table shows the details of accounts receivable as of March 31, 2023, and December 31, 2022: (In thousands, USD) March 31, 2023 December 31, 2022 Accounts receivable $ 48,483 $ 45,097 Allowance for credit losses (428) (559) Accounts receivable, net $ 48,055 $ 44,538

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of RSU Activity	The following table summarizes Restricted Stock Units (“RSUs”) activities during the reporting period shown below: Number of Weighted- Aggregate Unvested RSUs at December 31, 2022 5,515 $ 6.69 $ 34,191 Granted 4,230 1.72 7,297 Vested (395) 6.78 (2,680) Forfeited and canceled (123) 6.97 (859) Unvested RSUs at March 31, 2023 9,227 $ 5.54 $ 37,949	The following table summarizes RSUs activity during the reporting periods shown below: Number of awards outstanding Weighted-average grant date fair value Aggregate intrinsic value Unvested RSUs at December 31, 2021 — — — Granted 5,789 $ 6.24 $ 36,101 Vested (52) 6.88 (362) Forfeited and canceled (222) 6.97 (1,548) Unvested RSUs at December 31, 2022 5,515 $ 34,191
Schedule of Share-Based Compensation Expense	The following is a summary of the Company’s share-based compensation expense and income tax benefit related to the RSUs for the reporting periods shown below: Three Months Ended March 31, (In thousands, USD) 2023 2022 Total Stock Compensation Expense $ 2,570 $ 2,050 Income tax benefit related to share-based compensation expense 246 264	The following is a summary of the Company’s share-based compensation expense related to RSUs during the reporting periods shown below: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Total Stock Compensation Expense $ 10,296 $ 4,564 Unrecognized Compensation Cost 24,272 — Remaining recognition period (in years) 2.6 —

NET LOSS PER SHARE (Tables)

NET LOSS PER SHARE (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Earnings Per Share [Abstract]
Summary of Earnings per Shares, basic and diluted	Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share (“EPS”) calculations for the periods ended: Three Months Ended March 31, (In thousands, USD, except share and per share amounts) 2023 2022 Numerator: Net loss $ (18,490) $ (11,572) Denominator: Weighted average common shares outstanding Basic (in number) 76,524,735 74,040,261 Diluted (in number) 76,524,735 74,040,261 Net loss per unit Basic $ (0.24) $ (0.16) Diluted $ (0.24) $ (0.16)	Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share (“EPS”) calculations for the periods ended: (In thousands, USD) December 31, 2022 December 31, 2021 Numerator: Net loss attributable to the Company $ (106,200) $ (24,776) Less cumulative earnings to preferred shareholder — (22,822) Add premium on preferred conversion to common shares — 4,074 Net income (loss) attributable to common stockholders $ (106,200) $ (43,524) Denominator: Weighted average common shares and warrants outstanding Basic (in number) 75,710,904 41,933,050 Diluted (in number) 75,710,904 41,933,050 Net loss per unit attributable to common stockholder Basic $ (1.40) $ (1.04) Diluted $ (1.40) $ (1.04)
Summary of Diluted Shares Outstanding	The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive: Three Months Ended (Number of shares) March 31, 2023 2022 Common stock issued under the Backstop Agreement 9,600,031 9,600,031 Restricted stock grants with only service conditions 4,529,117 3,108,277 Private placement warrants 272,779 272,779	The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive: (number of shares) December 31, December 31, Restricted stock grants with only service conditions 3,552,416 — Common stock issued under the Backstop Agreement 9,600,031 9,600,031 Private Placement Warrants 272,779 272,779 Series C Convertible Preferred Stock — 2,566,186 Stock Options — 432,500

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Schedule of Property, Plant and Equipment, Declining-Balance Method, Annual Depreciation Rates	Property and equipment are recorded at cost and are depreciated over their estimated useful lives using the declining-balance method at the following annual rates: Computer hardware and software 30 % Networking equipment 20 % Furniture and fixtures 20 %
Schedule of Finite-Lived Intangible Assets, Useful Lives	Identifiable intangible assets comprise assets that have a definite life amortized on a straight-line basis over their estimated useful lives as follows: Customer relationships 10-13 years Technology 5-9 years Carrier contracts 10 years Trademarks 9-10 years Internally developed computer software 3-5 years
Schedule of Changes to Financial Statements for Adoption of Accounting Pronouncements	The cumulative after-tax effect of the changes made to our consolidated balance sheet for the adoption of ASC 842 were as follows: (In thousands, USD) At December 31, 2021 Adjustments due to ASC 842 At January 1 Operating lease right-of-use assets $ — $ 9,278 $ 9,278 Current portion of operating lease liabilities — 2,121 2,121 Non-current portion of operating lease liabilities — 7,483 7,483 Current portion of capital lease liabilities included in Accrued liabilities 191 (191) — Current portion of finance lease liabilities included in Accrued liabilities — 191 191 Non-current portion of capital lease liabilities included in Other long-term liabilities 264 (264) — Non-current portion of finance lease liabilities included in Other long-term liabilities — 264 264 Accrued liabilities 22,353 (326) 22,027 The cumulative after-tax effect of the changes made to our consolidated balance sheet for the adoption of ASU 2020-06 were as follows: (In thousands, USD) At December 31, 2021 Adjustments due to ASU 2020-06 At January 1, Long-term debt and other borrowings, net $ 399,115 $ 15,163 $ 414,278 Additional paid-in capital 413,315 (11,613) 401,702 Deferred tax liabilities 37,925 (3,849) 34,076 Accumulated deficit (142,337) 299 (142,038)

REVISION OF PREVIOUSLY REPORT_2

REVISION OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Changes and Error Corrections [Abstract]
Schedule of Annual Revisions	The following tables present the impact of the revisions on our annual consolidated financial statements for the year ended December 31, 2021, including the impact to the accumulated other comprehensive income (loss) and the accumulated deficit balances as of December 31, 2020. The revised unaudited interim consolidated financial statements are included in Note 17 to the consolidated financial statements. KORE Group Holdings, Inc. and Subsidiaries Consolidated Balance Sheets (In thousands USD, except share and per share amounts) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments* As revised Assets Current assets Cash $ 85,976 — — — $ 85,976 Accounts receivable, net 51,304 — — 311 51,615 Inventories, net 15,470 — — — 15,470 Income taxes receivable 954 — — (20) 934 Prepaid expenses and other receivables 7,448 — — (85) 7,363 Total current assets 161,152 — — 206 161,358 Non-current assets Restricted cash 367 — — — 367 Property and equipment, net 12,240 — — — 12,240 Intangibles assets, net 203,474 — — (924) 202,550 Goodwill 381,962 — — 1,453 383,415 Other long-term assets 407 — — — 407 Total assets $ 759,602 $ — $ — $ 735 $ 760,337 Liabilities and stockholders’ equity Current liabilities Accounts payable $ 16,004 — — — $ 16,004 Accrued liabilities 21,311 — — 1,042 22,353 Income taxes payable 467 — — — 467 Current portion of capital lease obligations 191 — — (191) — Deferred revenue 6,889 — — — 6,889 Current portion of long-term debt and other borrowings, net 3,326 — — — 3,326 Total current liabilities 48,188 — — 851 49,039 Non-current liabilities Deferred tax liabilities 36,722 1,435 — (232) 37,925 Warrant liability 286 — — — 286 Capital lease obligations 264 — — (264) — Long-term debt and other borrowings, net 399,115 — — — 399,115 Other long-term liabilities 2,884 1,994 1,257 315 6,450 Total liabilities $ 487,459 $ 3,429 $ 1,257 $ 670 $ 492,815 Stockholders’ equity Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 72,027,743 shares issued and outstanding at December 31, 2021 $ 7 — — — $ 7 Additional paid-in capital 413,646 — — (331) 413,315 Accumulated other comprehensive loss (3,331) (46) — (86) (3,463) Accumulated deficit (138,179) (3,383) (1,257) 482 (142,337) Total stockholders’ equity 272,143 (3,429) (1,257) 65 267,522 Total liabilities and stockholders’ equity $ 759,602 $ — $ — $ 735 $ 760,337 __________________ * Certain reclassifications have been made to the 2021 consolidated balance sheet to conform to the 2022 presentation for leases. KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Operations (In thousands USD, except share and per share amounts) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other Adjustments As Revised Revenue Services $ 187,962 $ — $ — $ 218 $ 188,180 Products 60,255 — — — 60,255 Total revenue 248,217 — — 218 248,435 Cost of revenue Cost of services 69,867 — — (482) 69,385 Cost of products 52,357 — — (382) 51,975 Total cost of revenue (exclusive of depreciation and amortization shown separately below) 122,224 — — (864) 121,360 Operating expenses — Selling, general and administrative 91,733 — 457 113 92,303 Depreciation and amortization 50,414 — — (83) 50,331 Total operating expenses 142,147 — 457 30 142,634 Operating loss (16,154) — (457) 1,052 (15,559) Interest expense, including amortization of deferred financing costs, net 23,260 — — — 23,260 Change in fair value of warrant liability (5,267) — — — (5,267) Loss before income taxes (34,147) — (457) 1,052 (33,552) Income tax expense (benefit) (9,694) 732 — 186 (8,776) Net loss $ (24,453) $ (732) $ (457) $ 866 $ (24,776) Loss per share: Basic $ (1.03) $ (0.02) $ (0.01) $ 0.02 $ (1.04) Diluted $ (1.03) $ (0.02) $ (0.01) $ 0.02 $ (1.04) Weighted average shares outstanding (in Number): Basic 41,933,050 — — — 41,933,050 Diluted 41,933,050 — — — 41,933,050 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Comprehensive Loss (In thousands USD) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other Adjustments As Revised Net loss $ (24,453) $ (732) $ (457) $ 866 $ (24,776) Other comprehensive income (loss): Foreign currency translation adjustment (1,654) 53 — (300) (1,901) Comprehensive loss $ (26,107) $ (679) $ (457) $ 566 $ (26,677) KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Temporary Equity and Stockholders’ Equity (In thousands, USD, except share amounts) Series A Preferred Series A-1 Series B Preferred Series C Convertible Total Temporary Equity Common Stock Additional paid-in capital Accumulated Accumulated Total Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Derecognition of shares — — — — — — (45,818) (300) (300) — — — — — — Accrued dividends payable 765,609 7,656 824,076 8,241 692,543 6,925 — — 22,822 — — (22,822) — — (22,822) Foreign currency translation adjustment — — — — — — — — — — — — (1,654) — (1,654) Share-based compensation — — — — — — — — — 200,426 — (1,856) — — (1,856) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,943 — — — — — — — — — 10,373,491 1 6,428 — — 6,429 Conversion of KORE warrants — — — — — — — — — 1,365,612 — 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $8123 — — — — — — — — — 22,686,326 2 216,875 — — 216,877 Equity portion of convertible debt, net of deferred financing costs of $384, net of sponsor shares of $683, net of deferred tax liability of $3,999 — — — — — — — — — — — 12,240 — — 12,240 Net loss — — — — — — — — — — — — — (24,453) (24,453) Balance at December 31, 2021 — $ — — $ — — $ — — $ — $ — 72,027,743 $ 7 $ 413,646 $ (3,331) $ (138,179) $ 272,143 Adjustments Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) Derecognition of shares — — — — — — 45,818 300 300 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — (247) — (247) Private offering and merger financing — — — — — — — — — — — (331) — — (331) Net loss — — — — — — — — — — — — — (323) (323) Total Adjustments — — — — — — — — — — — $ (331) $ (132) $ (4,158) $ (4,621) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Derecognition of shares — — — — — — — — — — — — — — — Accrued dividends payable 765,609 7,656 824,076 8,241 692,543 6,925 — — 22,822 — — (22,822) — — (22,822) Foreign currency translation adjustment — — — — — — — — — — — — (1,901) — (1,901) Share-based compensation — — — — — — — — — 200,426 — (1,856) — — (1,856) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,943 — — — — — — — — — 10,373,491 1 6,428 — — 6,429 Conversion of KORE warrants — — — — — — — — — 1,365,612 — 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $8123 — — — — — — — — — 22,686,326 2 216,544 — — 216,546 Equity portion of convertible debt, net of deferred financing costs of $384, net of sponsor shares of $683, net of deferred tax liability of $3,999 — — — — — — — — — — — 12,240 — — 12,240 Net loss — — — — — — — — — — — — — (24,776) (24,776) Balance at December 31, 2021 — $ — — $ — — $ — — $ — $ — 72,027,743 $ 7 $ 413,315 $ (3,463) $ (142,337) $ 267,522 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Cash Flows (In thousands USD) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments As Revised Cash flows from operating activities Net loss $ (24,453) $ (732) $ (457) $ 866 $ (24,776) Adjustments to reconcile net loss to net cash (used in) provided by operating activities Depreciation and amortization 50,414 — — (83) 50,331 Amortization of deferred financing costs 2,097 — — — 2,097 Amortization of discount on Backstop Notes 424 — — — 424 Deferred income taxes (9,871) 323 (143) (9,691) Non-cash foreign currency loss 344 — — — 344 Share-based compensation 4,564 — — — 4,564 Provision for doubtful accounts 322 — — — 322 Change in fair value of warrant liability (5,267) — — — (5,267) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (11,884) — — (218) (12,102) Inventories (9,875) — — — (9,875) Prepaid expenses and other receivables (1,700) — — 456 (1,244) Accounts payable and accrued liabilities (8,371) 409 457 (914) (8,419) Deferred revenue (805) — — — (805) Income taxes payable (697) — — 36 (661) Cash used in operating activities $ (14,758) $ — $ — $ — $ (14,758) Cash flows used in investing activities Additions to intangible assets (9,247) — — — (9,247) Additions to property and equipment (4,172) (4,172) Net cash (used) in investing activities $ (13,419) $ — $ — $ — $ (13,419) Cash flows from financing activities Proceeds from revolving credit facility 25,000 — — — 25,000 Repayment on revolving credit facility (25,000) — — — (25,000) Repayment of term loan (3,161) — — — (3,161) Repayment of other borrowings - notes payable (173) — — — (173) Proceeds from convertible debt 104,167 — — — 104,167 Proceeds from equity portion of convertible debt, net of issuance costs 15,697 — — — 15,697 Payment of deferred financing costs (1,579) — — — (1,579) Repayment of related party note (1,538) — — — (1,538) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments As Revised Proceeds from CTAC and PIPE financing, net of issuance costs 223,688 — — — 223,688 Settlements of preferred shares (229,915) — — — (229,915) Payment of capital lease obligations (828) — — — (828) Payment of stock option share employee withholding taxes (2,305) — — — (2,305) Cash provided by/(used in) financing activities $ 104,053 $ — $ — $ — $ 104,053 Effect of Exchange Rate Change on Cash (226) — — — (226) Change in Cash and Restricted Cash 75,650 — — — 75,650 Cash and Restricted Cash, beginning of period 10,693 — — — 10,693 Cash and Restricted Cash, end of period $ 86,343 $ — $ — $ — $ 86,343 Non-cash investing and financing activities: Equity financing fees accrued $ 3,602 $ — $ — $ — $ 3,602 Common shares issued to preferred shareholders 56,502 — — — 56,502 Equity financing fees settled in common shares 1,863 — — — 1,863 Common shares issued to warrant holders 10,663 — — — 10,663 Common shares issued to option holders pursuant to the Cancellation Agreements 1,072 — — — 1,072 Sponsor shares distributed to lender under Backstop Agreement 683 — — — 683 Supplemental cash flow information: Interest paid $ 19,874 $ — $ — $ — $ 19,874 Taxes paid (net of refunds) 957 — — — 957 KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Temporary Equity and Stockholders’ Equity (In thousands, USD, except share amounts) (unaudited) Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Deficit Total Stockholders’ Equity Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 (as previously reported) 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (900) — (900) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,081) (1,081) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,566,186 16,802 271,288 30,281,520 3 128,538 (2,577) (114,807) 11,157 Adjustments Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) March 31, 2021 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — 4 — 4 Net loss — — — — — — — — — — — — — (918) (918) Total Adjustments - March 31, 2021 — — — — — — (45,818) (300) (300) — — — 119 (4,753) (4,634) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (896) — (896) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,999) (1,999) Balance at March 31, 2021 8,004,780 $ 80,048 8,128,665 $ 81,287 9,315,136 $ 93,151 2,520,368 $ 16,502 $ 270,988 30,281,520 $ 3 $ 128,538 $ (2,458) $ (119,560) $ 6,523 KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In thousands USD) (unaudited) For the three months ended March 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments Revised Cash flows from operating activities Net loss $ (1,081) $ (238) $ (114) $ (566) $ (1,999) Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization 13,114 — — (21) 13,093 Amortization of deferred financing costs 524 — — — 524 Deferred income taxes (1,366) 238 — (259) (1,387) Non-cash foreign currency loss (70) — — — (70) Share-based compensation 315 — — — 315 Provision for doubtful accounts (18) — — — (18) Change in fair value of warrant liability (2,424) — — — (2,424) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (1,855) — — (55) (1,910) Inventories (878) — — — (878) Prepaid expenses and other receivables (5,375) — — 1,274 (4,101) Accounts payable and accrued liabilities (13,311) — 114 (365) (13,562) Deferred revenue (81) — — — (81) Income taxes payable 186 — — (8) 178 Net cash used in operating activities $ (12,320) $ — $ — $ — $ (12,320) Net cash used in investing activities $ (3,091) $ — $ — $ — $ (3,091) Net cash provided financing activities $ 18,291 $ — $ — $ — $ 18,291 Effect of Exchange Rate Change on Cash and Restricted Cash (67) — — — (67) Change in Cash and Restricted Cash 2,813 — — — 2,813 Cash and Restricted Cash, beginning of period 10,693 — — — 10,693 Cash and Restricted Cash, end of period $ 13,506 $ — $ — $ — $ 13,506 KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Stockholders’ Equity (In thousands, USD, except share amounts) (unaudited) Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Deficit Total Stockholders’ Equity Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (900) — (900) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,081) (1,081) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,566,186 16,802 271,288 30,281,520 3 128,538 (2,577) (114,807) 11,157 Derecognition of shares — — — — — — (45,818) (300) (300) — — — — — — Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 743 — 743 Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (6,885) (6,885) Balance at June 30, 2021 8,256,165 82,562 8,398,185 83,982 9,547,376 95,474 2,520,368 16,502 278,520 30,281,520 3 121,321 (1,834) (121,692) (2,202) Adjustments Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) March 31, 2021 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — 4 — 4 Net loss — — — — — — — — — — — — — (918) (918) Total Adjustments - March 31, 2021 — — — — — — (45,818) (300) (300) — — — 119 (4,753) (4,634) June 30, 2021 — — — — — — Derecognition of shares — — — — — — 45,818 300 300 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — (325) — (325) Net loss — — — — — — — — — — — — — 683 683 Total Adjustments - June 30, 2021 — — — — — — — — — — — — (206) (4,070) (4,276) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (896) — (896) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,999) (1,999) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,520,368 16,502 270,988 30,281,520 3 128,538 (2,458) (119,560) 6,523 Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 418 — 418 Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (6,202) (6,202) Balance at June 30, 2021 8,256,165 $ 82,562 8,398,185 $ 83,982 9,547,376 $ 95,474 2,520,368 $ 16,502 $ 278,520 30,281,520 $ 3 $ 121,321 $ (2,040) $ (125,762) $ (6,478) KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In thousands USD) (unaudited) For the six months ended June 30, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments Revised Cash flows from operating activities Net loss $ (7,966) $ (403) $ (228) $ 396 $ (8,201) Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization 25,507 — — (42) 25,465 Amortization of deferred financing costs 1,047 — — — 1,047 Deferred income taxes (4,308) 237 — 694 (3,377) Non-cash foreign currency loss 77 — — — 77 Share-based compensation 630 — — — 630 Provision for doubtful accounts 11 — — — 11 Change in fair value of warrant liability (2,383) — — — (2,383) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (7,049) — — (109) (7,158) Inventories (4,089) — — — (4,089) Prepaid expenses and other receivables (9,016) — — (109) (9,125) Accounts payable and accrued liabilities (6,103) 166 228 (563) (6,272) Deferred revenue (671) — — — (671) Income taxes payable (32) — — (267) (299) Net cash used in operating activities $ (14,345) $ — $ — $ — $ (14,345) Net cash used in investing activities $ (5,973) $ — $ — $ — $ (5,973) Net cash provided by financing activities $ 18,375 $ — $ 18,375 Effect of exchange rate change on cash and restricted cash (82) — — — (82) Change in cash and restricted cash (2,025) — — — (2,025) Cash and restricted cash, beginning of period 10,693 — — — 10,693 Cash and restricted cash, end of period $ 8,668 $ — $ — $ — $ 8,668 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Stockholders’ Equity (Unaudited) (In thousands, USD) Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Accumulated Total Stockholders’ Equity Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (900) — (900) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,081) (1,081) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,566,186 16,802 271,288 30,281,520 3 128,538 (2,577) (114,807) 11,157 Derecognition of shares — — — — — — (45,818) (300) (300) — — — — — — Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 743 — 743 Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (6,885) (6,885) Balance at June 30, 2021 8,256,165 82,562 8,398,185 83,982 9,547,376 95,474 2,520,368 16,502 278,520 30,281,520 3 121,321 (1,834) (121,692) (2,202) Accrued dividends payable 265,602 2,656 287,998 2,880 236,142 2,361 — — 7,897 — — (7,897) — — (7,897) Foreign currency translation adjustment — — — — — — — — — — — — (1,322) — (1,322) Stock-based compensation — — — — — — — — — — — (3,519) — — (3,519) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,912 — — — — — — — — — 10,373,491 1 6,456 — — 6,457 Conversion of KORE warrants — — — — — — — — — 1,365,612 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $7,718 — — — — — — — — — 22,686,326 2 217,280 — — 217,282 Equity portion of convertible debt, net of issuance costs of $224 — — — — — — — — — — — 12,510 — — 12,510 Net loss — — — — — — — — — — — — — (4,508) (4,508) Balance at September 30, 2021 — — — — — — — — — 71,827,317 7 413,316 (3,156) (126,200) 283,967 Adjustments Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Accumulated Total Stockholders’ Equity Temporary Equity Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) March 31, 2021 Foreign currency translation adjustment — — — — — — — — — — — — 4 — 4 Net loss — — — — — — — — — — — — — (918) (918) Total Adjustments - March 31, 2021 — — — — — — (45,818) (300) (300) — — — 119 (4,753) (4,634) June 30, 2021 Derecognition of shares — — — — — — 45,818 300 300 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — (325) — (325) Net loss — — — — — — — — — — — — — 683 683 Total Adjustments - June 30, 2021 — — — — — — — — — — — — (206) (4,070) (4,276) September 30, 2021 Foreign currency translation adjustment — — — — — — — — — — — — 67 — 67 Private offering and merger financing — — — — — — — — — — — (331) — — (331) Net loss — — — — — — — — — — — — — 135 135 Total Adjustments - September 30, 2021 — — — — — — — — — — — (331) (139) (3,935) (4,405) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (896) — (896) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,999) (1,999) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,520,368 16,502 270,988 30,281,520 3 128,538 (2,458) (119,560) 6,523 Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 418 — 418 Stock-based compensation — — — — — — — — — — — 315 — — 315 Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Accumulated Total Stockholders’ Equity Temporary Equity Net loss — — — — — — — — — — — — — (6,202) (6,202) Balance at June 30, 2021 8,256,165 82,562 8,398,185 83,982 9,547,376 95,474 2,520,368 16,502 278,520 30,281,520 3 121,321 (2,040) (125,762) (6,478) Accrued dividends payable 265,602 2,656 287,998 2,880 236,142 2,361 — — 7,897 — — (7,897) — — (7,897) Foreign currency translation adjustment — — — — — — — — — — — — (1,255) — (1,255) Stock-based compensation — — — — — — — — — — — (3,519) — — (3,519) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,912 — — — — — — — — — 10,373,491 1 6,456 — — 6,457 Conversion of KORE warrants — — — — — — — — — 1,365,612 — 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $7,718 — — — — — — — — — 22,686,326 2 216,949 — — 216,951 Equity portion of convertible debt, net of issuance costs of $224 — — — — — — — — — — — 12,510 — — 12,510 Net loss — — — — — — — — — — — — — (4,373) (4,373) Balance at September 30, 2021 — — — — — — — — — 71,827,317 $ 7 $ 412,985 $ (3,295) $ (130,135) $ 279,562 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Cash Flows (Unaudited) (In thousands USD) For nine months ended September 30, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments Revised Cash flows from operating activities Net loss $ (12,474) $ (702) $ (342) $ 944 $ (12,574) Adjustments to reconcile net loss to net cash provided by (used in) operating activities Depreciation and amortization 37,947 — — (63) 37,884 Amortization of deferred financing costs 1,569 — — — 1,569 Deferred income taxes (8,197) 293 — 463 (7,441) Non-cash foreign currency loss (gain) (163) — — — (163) Stock-based compensation 4,564 — — — 4,564 Provision for doubtful accounts 117 — — — 117 Change in fair value of warrant liability (5,281) — — — (5,281) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (12,792) — — (164) (12,956) Inventories (6,461) — — — (6,461) Prepaid expenses and other current assets (5,054) — — (51) (5,105) Accounts payable and accrued liabilities (2,366) 409 342 (749) (2,364) Deferred revenue (911) — — — (911) Income taxes payable 63 — — (380) (317) Net cash used in operating activities $ (9,439) $ — $ — $ — $ (9,439) Net cash used in investing activities $ (9,782) $ — $ — $ — $ (9,782) Net cash provided by financing activities $ 81,772 $ — $ — $ — $ 81,772 Effect of exchange rate change on cash (188) (188) Change in cash and restricted cash 62,363 — — — 62,363 Cash and restricted cash, beginning of period $ 10,693 — — — $ 10,693 Cash and restricted cash, end of period $ 73,056 $ — $ — $ — $ 73,056

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Summary of Disaggregation Revenue	The Company has presented the disaggregated disclosures below which are useful to understand the composition of the Company’s revenue during the respective reporting periods shown below: Three Months Ended (In thousands, USD) March 31, 2023 2022 IoT Connectivity* $ 43,244 $ 43,053 Hardware Sales 16,444 19,012 Hardware Sales—bill-and-hold 2,197 2,422 Deployment services, professional services, referral services and other 4,090 4,491 Total $ 65,975 $ 68,978 __________________	The Company views the following disaggregated disclosures as useful to understand the composition of revenue recognized during the respective reporting periods: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 IoT Connectivity* $ 173,162 $ 164,610 Hardware Sales 69,091 54,898 Hardware Sales - bill-and-hold 10,736 5,357 Deployment services, professional services, referral services, and other 15,458 23,570 Total $ 268,447 $ 248,435 __________________ * Includes connectivity-related revenues from IoT Connectivity and IoT Solutions

REVERSE RECAPITALIZATION (Table

REVERSE RECAPITALIZATION (Tables)	12 Months Ended
	Dec. 31, 2022
Reverse Recapitalization [Abstract]
Schedule of Shares Issued Following Business Combination	The number of shares of Class A common stock issued immediately following the consummation of the Business Combination were: Shares Percentage Pre-combination KORE shareholders 38,767,500 54.0 % Public stockholders 10,356,593 14.4 % Private offering and merger financing 22,686,326 31.6 % Total 71,810,419 100.0 %

ACQUISITIONS (Tables)_2

ACQUISITIONS (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Allocation of Consideration Transferred for Acquired Companies	The following table summarizes the allocation of the consideration transferred for the Acquired Companies, including the identified assets acquired and liabilities assumed as of the acquisition date. (In thousands, USD) Fair Value Cash, (net of closing cash of $1,995) and working capital adjustments $ 46,002 Fair value of KORE common stock issued to sellers (4,212,246 shares) 23,295 Total consideration $ 69,297 Assets acquired: Accounts receivable 3,303 Inventories 1,323 Prepaid expenses and other receivables 976 Property and equipment 201 Intangible assets 28,664 Total Assets acquired 34,467 Liabilities assumed: Deferred tax liabilities 7,391 Accounts payable and accrued liabilities 2,638 Liabilities assumed 10,029 Net identifiable assets acquired 24,438 Goodwill (excess of consideration transferred over net identifiable assets acquired) $ 44,859	The following table summarizes the allocation of the consideration transferred for BMP, including the identified assets acquired and liabilities assumed as of the acquisition date. (In thousands, USD, except share amounts) Fair Value Cash, (net of closing cash of $1,995) and working capital adjustments $ 46,002 Fair value of KORE Common Stock issued to sellers (4,212,246 shares) 23,295 Total consideration $ 69,297 Assets acquired: Accounts receivable 3,303 Inventories 1,323 Prepaid expenses and other receivables 976 Property and equipment 201 Intangible assets 28,664 Total Assets acquired 34,467 Liabilities assumed: Deferred tax liabilities 7,391 Accounts payable and accrued liabilities 2,638 Liabilities assumed 10,029 Net identifiable assets acquired 24,438 Goodwill (excess of consideration transferred over net identifiable assets acquired) $ 44,859
Schedule of Unaudited Pro Forma Information		Had the acquisition of BMP been completed on January 1, 2021, net revenue and loss would have been: Years Ended (In thousands, USD) December 31, 2022 December 31, Net Revenue $ 274,179 $ 278,601 Net Loss 104,483 22,415

CONSOLIDATED FINANCIAL STATEM_2

CONSOLIDATED FINANCIAL STATEMENT DETAILS (Tables)	12 Months Ended
	Dec. 31, 2022
Balance Sheet Related Disclosures [Abstract]
Schedule of Accounts Receivable	Accounts Receivable Years Ended (In thousands, USD) December 31, 2022 December 31, Accounts receivable $ 46,067 $ 53,415 Allowance for doubtful accounts (559) (532) Allowance for credit provisions * (970) (1,268) Accounts receivable, net $ 44,538 $ 51,615 ___________________ * Overage/usage charges are evaluated on a monthly basis, and any overage/usage charges determined by management as unlikely to be collected due to a customer disputing the charge or due to a concession are reserved. Reserved items are written off when deemed uncollectible or recognized as revenue if collected.
Summary of Prepaid Expenses and Other Current Assets	The Company’s prepaid expenses and other current assets consist of the following: Years Ended (In thousands, USD) December 31, December 31, Prepaid expenses 8,362 6,333 Other current assets 5,122 1,030 Total Prepaid expenses and other current assets $ 13,484 $ 7,363
Schedule of Property and Equipment	Major classes of property and equipment consist of the following: Years Ended (In thousands, USD) December 31, December 31, Computer hardware $ 17,684 $ 15,747 Computer software 9,547 9,023 Furniture and fixtures 2,550 2,242 Networking equipment 7,715 8,089 Leasehold improvements 3,017 2,793 Total property and equipment 40,513 37,894 Less: accumulated depreciation (28,614) (25,654) Property and equipment (net) $ 11,899 $ 12,240
Schedule of Accrued Liabilities	The Company’s accrued liabilities consist of the following: Years Ended (In thousands, USD) December 31, December 31, Accrued payroll and related $ 4,804 $ 13,103 Accrued cost of revenue 4,091 1,886 Accrued other expenses 3,970 5,552 Sales and other taxes payable 2,813 1,621 Finance Lease Obligation 115 191 Total accrued liabilities $ 15,793 $ 22,353

RIGHT-OF USE ASSETS AND LEASE_2

RIGHT-OF USE ASSETS AND LEASE LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2022
Lessee Disclosure [Abstract]
Schedule of Lease Costs	Operating and finance lease cost for the year ended December 31, 2022 were as follows: (In thousands, USD) Classification in Statement of operations December 31, 2022 Operating lease cost Selling, general and administrative $ 3,531 Finance lease cost Amortization of leased assets Depreciation and amortization $ 350 Interest on lease liabilities Interest expense 17 Total finance lease cost $ 367 The weighted-average remaining lease term and the weighted-average discount rate of our leases were as follows: December 31, 2022 Weighted average remaining lease term (in years) Operating leases 7.71 years Finance leases 2.05 years Weighted average discount rate: Operating leases 7.6 % Finance leases 5.5 %
Schedule of Finance Lease Supplemental Balance Sheet Disclosures	Supplemental disclosure for the balance sheet related to finance leases were as follows: (In thousands, USD) December 31, 2022 Assets Finance lease right-of-use assets included in property and equipment, net $ 250 Liabilities Current portion of finance lease liabilities included in accrued liabilities $ 115 Non-current portion of finance lease liabilities included in other long-term liabilities 135 Total finance lease liabilities $ 250
Schedule of Future Minimum Payments Under Operating Leases	The future minimum lease payments under operating and finance leases at December 31, 2022 for the next five years are as follows: Operating Finance (In thousands, USD) Amount Amount 2023 $ 2,532 $ 128 2024 1,877 113 2025 1,662 24 2026 1,370 — 2027 1,385 — Thereafter 6,220 — Total minimum lease payments 15,046 265 Interest expense (3,960) (15) Total 11,086 250
Schedule of Future Minimum Payments Under Finance Leases	The future minimum lease payments under operating and finance leases at December 31, 2022 for the next five years are as follows: Operating Finance (In thousands, USD) Amount Amount 2023 $ 2,532 $ 128 2024 1,877 113 2025 1,662 24 2026 1,370 — 2027 1,385 — Thereafter 6,220 — Total minimum lease payments 15,046 265 Interest expense (3,960) (15) Total 11,086 250

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill Balance	The Company’s goodwill balance consists of the following: (In thousands, USD) Amount December 31, 2020 $ 384,202 Currency translation (787) December 31, 2021 $ 383,415 Acquisition 44,859 Impairment (58,074) Currency translation (494) December 31, 2022 $ 369,706
Summary of Other Intangible Assets	The Company’s other intangible assets consist of the following: (In thousands, USD) Carrying Gross Accumulated Net Carrying Value Customer relationships $ 327,317 $ (197,483) $ 129,834 Technology 46,978 (42,348) 4,630 Carrier contracts 70,210 (47,483) 22,727 Trademarks 16,214 (11,060) 5,154 Internally developed computer software 72,063 (41,904) 30,159 Total as of December 31, 2022 $ 532,782 $ (340,278) $ 192,504 (In thousands, USD) Carrying Gross Accumulated Net Carrying Value Customer relationships $ 305,648 $ (168,519) $ 137,129 Technology 45,983 (37,529) 8,454 Carrier contracts 65,700 (40,488) 25,212 Trademarks 15,733 (9,221) 6,512 Internally developed computer software 59,906 (34,663) 25,243 Total as of December 31, 2021 $ 492,970 $ (290,420) $ 202,550
Summary of Weighted Average Remaining Useful Lives per Intangible Asset Category	The following table shows the weighted average remaining useful lives per intangible asset category as of December 31, 2022. Years Customer relationships 5.0 Technology 2.6 Carrier contracts 3.6 Trademarks 4.3 Internally developed computer software 4.2
Summary of Estimated Amortization Expense	The following table shows the estimated amortization expense for the next five years and thereafter as of December 31, 2022. (In thousands, USD) Amount 2023 $ 49,657 2024 45,932 2025 43,206 2026 28,607 2027 9,645 Thereafter 15,457 Total $ 192,504

LONG-TERM DEBT AND OTHER BORR_2

LONG-TERM DEBT AND OTHER BORROWINGS, NET (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt	The Company carries its long term debt based on amortized cost using the effective interest rate meth od. The following is a summary of long-term debt: (In thousands, USD) December 31, December 31, Term Loan – UBS $ 302,654 $ 305,807 Notes under the Backstop Agreement 120,000 120,000 Other Borrowings 2,754 173 Total 425,408 425,980 Less—current portion (5,345) (3,326) Less—equity component, net of accumulated amortization — (15,517) Less—debt issuance cost, net of accumulated amortization of $8.5 million and $6.1 million, respectively (6,153) (8,022) Total Long-term debt and other borrowings 413,910 399,115
Schedule of Maturities of Long-term Debt	The following is the summary of future principal repayments on long-term debt: (In thousands, USD) Amount 2023 $ 5,345 2024 300,063 2025 — 2026 — 2027 — Thereafter 120,000 Total $ 425,408

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Summary of Income (Loss) Before Provision (Benefit)	Income (loss) before provision (benefit) for income taxes from operations for the years ended December 31, 2022, and 2021, consisted of the following: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 United States $ (92,021) $ (12,184) Foreign (24,596) (21,368) Total loss before income taxes $ (116,617) $ (33,552)
Summary of Components of the Provision for Income Taxes	The components of the provision (benefit) for income taxes from operations consisted of the following: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Current: Federal $ 4,309 $ 782 State 905 442 Foreign 558 (309) Total current provision 5,772 915 Deferred: Federal (9,336) (6,478) State (4,455) (748) Foreign (2,398) (2,465) Total deferred benefit (16,189) (9,691) Total income tax benefit $ (10,417) $ (8,776)
Summary of Reconciliation Between Income Taxes Computed at the U.S. Statutory Income Tax Rate	The reconciliation between income taxes computed at the U.S. statutory income tax rate to our provision for income taxes for the years ended December 31, 2022, and 2021 is as follows: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Benefit for income taxes at 21% rate $ (24,490) 21.0 % $ (7,045) 21.0 % State taxes, net of federal benefit (1,358) 1.2 % (1,147) 3.4 % Change in valuation allowance 10,628 -9.1 % (642) 1.9 % Rate change (1,687) 1.4 % 774 -2.3 % Credits (604) 0.5 % (602) 1.8 % Permanent differences and other (2,712) 2.2 % 2,852 -8.5 % Revaluation of warrants (53) 0.0 % (1,106) 3.3 % Uncertain tax positions 591 -0.5 % 544 -1.6 % Foreign withholding tax 134 -0.1 % 116 -0.3 % Foreign rate differential (2,120) 1.8 % (2,587) 7.7 % Executive compensation expense 872 -0.7 % 1,517 -4.5 % Transaction related expense 210 -0.2 % (1,450) 4.3 % Global intangible low taxed income 283 -0.2 % — 0.0 % Foreign derived intangible income (311) 0.3 % — 0.0 % Goodwill impairment 10,200 -8.7 % — 0.0 % Benefit for income taxes $ (10,417) 8.9 % $ (8,776) 26.2 %
Summary of Deferred Income Taxes	Significant components of the Company’s deferred tax assets (liabilities) as of December 31, 2022, and 2021 are as follows: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Deferred tax assets: Net operating loss carry-forward $ 13,617 $ 7,504 Credit carry-forward 1,386 1,956 Interest expense limitation carry-forward 15,844 12,053 Non-deductible reserves 339 374 Accruals and other temporary differences 2,835 1,288 Stock compensation 1,164 — Lease liability 2,780 — Property and equipment 1,007 1,018 Gross deferred tax assets 38,972 24,193 Less Valuation allowance (16,177) (5,750) Total deferred tax assets (after valuation allowance) 22,795 18,443 Deferred tax liabilities: Property and equipment (1,738) (4,151) Intangible assets (33,117) (40,771) Goodwill (5,914) (7,474) Debt Discount — (3,972) Accounting method change (1,378) — Right of use asset (2,514) — Research and development costs (3,327) — Total deferred tax liabilities $ (47,988) $ (56,368) Net deferred tax liabilities $ (25,193) $ (37,925)
Summary of Gross Unrecognized Tax Benefits	The following table presents a reconciliation of the total amounts of unrecognized tax benefits, excluding interest and penalties, included in accrued liabilities and other long-term liabilities in the consolidated balance sheets. Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Unrecognized tax benefits at the beginning of the year $ 8,132 $ 7,690 Additions for tax positions of current year 442 442 Unrecognized tax benefits at the end of the year $ 8,574 $ 8,132

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Summary of Contractual Obligation, Fiscal Year Maturity	The Company has vendor commitments primarily relating to carrier and open purchase obligations that the Company incurs in the ordinary course of business. As of December 31, 2022, the purchase commitments were as follows: (In thousands, USD) Amount 2023 $ 29,012 2024 5,808 2025 7,590 2026 4,505 2027 4,773 Thereafter 5,000 Total $ 56,688
Schedule of Future Minimum Lease Payments Under Operating Leases (ASC 840)	The future minimum lease payments under operating leases as of December 31, 2021, for the next five years were as follows: (In thousands, USD) Amount 2022 $ 2,924 2023 1,904 2024 1,495 2025 1,170 2026 958 Thereafter 3,412 Total $ 11,863
Schedule of Future Minimum Lease Payments Under Capital Leases (ASC 840)	The future minimum lease payments under capital leases as of December 31, 2021, for the next five years were as follows: (In thousands, USD) Amount 2022 $ 207 2023 143 2024 119 2025 26 2026 — Total minimum lease payments $ 495 Interest expense (40) Total $ 455

STOCK-BASED COMPENSATION (Tab_2

STOCK-BASED COMPENSATION (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of RSU Activity	The following table summarizes Restricted Stock Units (“RSUs”) activities during the reporting period shown below: Number of Weighted- Aggregate Unvested RSUs at December 31, 2022 5,515 $ 6.69 $ 34,191 Granted 4,230 1.72 7,297 Vested (395) 6.78 (2,680) Forfeited and canceled (123) 6.97 (859) Unvested RSUs at March 31, 2023 9,227 $ 5.54 $ 37,949	The following table summarizes RSUs activity during the reporting periods shown below: Number of awards outstanding Weighted-average grant date fair value Aggregate intrinsic value Unvested RSUs at December 31, 2021 — — — Granted 5,789 $ 6.24 $ 36,101 Vested (52) 6.88 (362) Forfeited and canceled (222) 6.97 (1,548) Unvested RSUs at December 31, 2022 5,515 $ 34,191
Schedule of Significant Inputs used in Valuation of RSU		Significant inputs used in our valuation of these RSUs included the following: Year Ended December 31, 2022 Expected volatility 57.1%-75.2% Risk-free interest rate 1.4%-2.1% Expected term (in years) 5 - 80
Schedule of Share-Based Compensation Expense	The following is a summary of the Company’s share-based compensation expense and income tax benefit related to the RSUs for the reporting periods shown below: Three Months Ended March 31, (In thousands, USD) 2023 2022 Total Stock Compensation Expense $ 2,570 $ 2,050 Income tax benefit related to share-based compensation expense 246 264	The following is a summary of the Company’s share-based compensation expense related to RSUs during the reporting periods shown below: Years Ended (In thousands, USD) December 31, 2022 December 31, 2021 Total Stock Compensation Expense $ 10,296 $ 4,564 Unrecognized Compensation Cost 24,272 — Remaining recognition period (in years) 2.6 —
Schedule of Cancelled Stock Options		The following is a summary of the Company’s cancelled stock options from January 1, 2021, through December 31, 2021: Number of Options Weighted Average Grant Date Fair Value per Option Weighted Average Exercise Price Weighted Average Remaining Contractual Term Balance, December 31, 2020 432,500 $15.45 $141.53 7.7 Granted — — — Exercised — — — Forfeited — — — Expired — — — Cancelled (432,500) (15.45) (141.53) 7.7 Balance, December 31, 2021 — $— $— —

NET LOSS PER SHARE (Tables)_2

NET LOSS PER SHARE (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Earnings Per Share [Abstract]
Summary of Earnings per Shares, basic and diluted	Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share (“EPS”) calculations for the periods ended: Three Months Ended March 31, (In thousands, USD, except share and per share amounts) 2023 2022 Numerator: Net loss $ (18,490) $ (11,572) Denominator: Weighted average common shares outstanding Basic (in number) 76,524,735 74,040,261 Diluted (in number) 76,524,735 74,040,261 Net loss per unit Basic $ (0.24) $ (0.16) Diluted $ (0.24) $ (0.16)	Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share (“EPS”) calculations for the periods ended: (In thousands, USD) December 31, 2022 December 31, 2021 Numerator: Net loss attributable to the Company $ (106,200) $ (24,776) Less cumulative earnings to preferred shareholder — (22,822) Add premium on preferred conversion to common shares — 4,074 Net income (loss) attributable to common stockholders $ (106,200) $ (43,524) Denominator: Weighted average common shares and warrants outstanding Basic (in number) 75,710,904 41,933,050 Diluted (in number) 75,710,904 41,933,050 Net loss per unit attributable to common stockholder Basic $ (1.40) $ (1.04) Diluted $ (1.40) $ (1.04)
Summary of Diluted Shares Outstanding	The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive: Three Months Ended (Number of shares) March 31, 2023 2022 Common stock issued under the Backstop Agreement 9,600,031 9,600,031 Restricted stock grants with only service conditions 4,529,117 3,108,277 Private placement warrants 272,779 272,779	The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive: (number of shares) December 31, December 31, Restricted stock grants with only service conditions 3,552,416 — Common stock issued under the Backstop Agreement 9,600,031 9,600,031 Private Placement Warrants 272,779 272,779 Series C Convertible Preferred Stock — 2,566,186 Stock Options — 432,500

Quarterly Unaudited Financial_2

Quarterly Unaudited Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Changes and Error Corrections [Abstract]
Schedule of Quarterly Revisions	The following tables present the impact of the revisions on our annual consolidated financial statements for the year ended December 31, 2021, including the impact to the accumulated other comprehensive income (loss) and the accumulated deficit balances as of December 31, 2020. The revised unaudited interim consolidated financial statements are included in Note 17 to the consolidated financial statements. KORE Group Holdings, Inc. and Subsidiaries Consolidated Balance Sheets (In thousands USD, except share and per share amounts) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments* As revised Assets Current assets Cash $ 85,976 — — — $ 85,976 Accounts receivable, net 51,304 — — 311 51,615 Inventories, net 15,470 — — — 15,470 Income taxes receivable 954 — — (20) 934 Prepaid expenses and other receivables 7,448 — — (85) 7,363 Total current assets 161,152 — — 206 161,358 Non-current assets Restricted cash 367 — — — 367 Property and equipment, net 12,240 — — — 12,240 Intangibles assets, net 203,474 — — (924) 202,550 Goodwill 381,962 — — 1,453 383,415 Other long-term assets 407 — — — 407 Total assets $ 759,602 $ — $ — $ 735 $ 760,337 Liabilities and stockholders’ equity Current liabilities Accounts payable $ 16,004 — — — $ 16,004 Accrued liabilities 21,311 — — 1,042 22,353 Income taxes payable 467 — — — 467 Current portion of capital lease obligations 191 — — (191) — Deferred revenue 6,889 — — — 6,889 Current portion of long-term debt and other borrowings, net 3,326 — — — 3,326 Total current liabilities 48,188 — — 851 49,039 Non-current liabilities Deferred tax liabilities 36,722 1,435 — (232) 37,925 Warrant liability 286 — — — 286 Capital lease obligations 264 — — (264) — Long-term debt and other borrowings, net 399,115 — — — 399,115 Other long-term liabilities 2,884 1,994 1,257 315 6,450 Total liabilities $ 487,459 $ 3,429 $ 1,257 $ 670 $ 492,815 Stockholders’ equity Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 72,027,743 shares issued and outstanding at December 31, 2021 $ 7 — — — $ 7 Additional paid-in capital 413,646 — — (331) 413,315 Accumulated other comprehensive loss (3,331) (46) — (86) (3,463) Accumulated deficit (138,179) (3,383) (1,257) 482 (142,337) Total stockholders’ equity 272,143 (3,429) (1,257) 65 267,522 Total liabilities and stockholders’ equity $ 759,602 $ — $ — $ 735 $ 760,337 __________________ * Certain reclassifications have been made to the 2021 consolidated balance sheet to conform to the 2022 presentation for leases. KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Operations (In thousands USD, except share and per share amounts) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other Adjustments As Revised Revenue Services $ 187,962 $ — $ — $ 218 $ 188,180 Products 60,255 — — — 60,255 Total revenue 248,217 — — 218 248,435 Cost of revenue Cost of services 69,867 — — (482) 69,385 Cost of products 52,357 — — (382) 51,975 Total cost of revenue (exclusive of depreciation and amortization shown separately below) 122,224 — — (864) 121,360 Operating expenses — Selling, general and administrative 91,733 — 457 113 92,303 Depreciation and amortization 50,414 — — (83) 50,331 Total operating expenses 142,147 — 457 30 142,634 Operating loss (16,154) — (457) 1,052 (15,559) Interest expense, including amortization of deferred financing costs, net 23,260 — — — 23,260 Change in fair value of warrant liability (5,267) — — — (5,267) Loss before income taxes (34,147) — (457) 1,052 (33,552) Income tax expense (benefit) (9,694) 732 — 186 (8,776) Net loss $ (24,453) $ (732) $ (457) $ 866 $ (24,776) Loss per share: Basic $ (1.03) $ (0.02) $ (0.01) $ 0.02 $ (1.04) Diluted $ (1.03) $ (0.02) $ (0.01) $ 0.02 $ (1.04) Weighted average shares outstanding (in Number): Basic 41,933,050 — — — 41,933,050 Diluted 41,933,050 — — — 41,933,050 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Comprehensive Loss (In thousands USD) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other Adjustments As Revised Net loss $ (24,453) $ (732) $ (457) $ 866 $ (24,776) Other comprehensive income (loss): Foreign currency translation adjustment (1,654) 53 — (300) (1,901) Comprehensive loss $ (26,107) $ (679) $ (457) $ 566 $ (26,677) KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Temporary Equity and Stockholders’ Equity (In thousands, USD, except share amounts) Series A Preferred Series A-1 Series B Preferred Series C Convertible Total Temporary Equity Common Stock Additional paid-in capital Accumulated Accumulated Total Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Derecognition of shares — — — — — — (45,818) (300) (300) — — — — — — Accrued dividends payable 765,609 7,656 824,076 8,241 692,543 6,925 — — 22,822 — — (22,822) — — (22,822) Foreign currency translation adjustment — — — — — — — — — — — — (1,654) — (1,654) Share-based compensation — — — — — — — — — 200,426 — (1,856) — — (1,856) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,943 — — — — — — — — — 10,373,491 1 6,428 — — 6,429 Conversion of KORE warrants — — — — — — — — — 1,365,612 — 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $8123 — — — — — — — — — 22,686,326 2 216,875 — — 216,877 Equity portion of convertible debt, net of deferred financing costs of $384, net of sponsor shares of $683, net of deferred tax liability of $3,999 — — — — — — — — — — — 12,240 — — 12,240 Net loss — — — — — — — — — — — — — (24,453) (24,453) Balance at December 31, 2021 — $ — — $ — — $ — — $ — $ — 72,027,743 $ 7 $ 413,646 $ (3,331) $ (138,179) $ 272,143 Adjustments Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) Derecognition of shares — — — — — — 45,818 300 300 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — (247) — (247) Private offering and merger financing — — — — — — — — — — — (331) — — (331) Net loss — — — — — — — — — — — — — (323) (323) Total Adjustments — — — — — — — — — — — $ (331) $ (132) $ (4,158) $ (4,621) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Derecognition of shares — — — — — — — — — — — — — — — Accrued dividends payable 765,609 7,656 824,076 8,241 692,543 6,925 — — 22,822 — — (22,822) — — (22,822) Foreign currency translation adjustment — — — — — — — — — — — — (1,901) — (1,901) Share-based compensation — — — — — — — — — 200,426 — (1,856) — — (1,856) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,943 — — — — — — — — — 10,373,491 1 6,428 — — 6,429 Conversion of KORE warrants — — — — — — — — — 1,365,612 — 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $8123 — — — — — — — — — 22,686,326 2 216,544 — — 216,546 Equity portion of convertible debt, net of deferred financing costs of $384, net of sponsor shares of $683, net of deferred tax liability of $3,999 — — — — — — — — — — — 12,240 — — 12,240 Net loss — — — — — — — — — — — — — (24,776) (24,776) Balance at December 31, 2021 — $ — — $ — — $ — — $ — $ — 72,027,743 $ 7 $ 413,315 $ (3,463) $ (142,337) $ 267,522 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Cash Flows (In thousands USD) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments As Revised Cash flows from operating activities Net loss $ (24,453) $ (732) $ (457) $ 866 $ (24,776) Adjustments to reconcile net loss to net cash (used in) provided by operating activities Depreciation and amortization 50,414 — — (83) 50,331 Amortization of deferred financing costs 2,097 — — — 2,097 Amortization of discount on Backstop Notes 424 — — — 424 Deferred income taxes (9,871) 323 (143) (9,691) Non-cash foreign currency loss 344 — — — 344 Share-based compensation 4,564 — — — 4,564 Provision for doubtful accounts 322 — — — 322 Change in fair value of warrant liability (5,267) — — — (5,267) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (11,884) — — (218) (12,102) Inventories (9,875) — — — (9,875) Prepaid expenses and other receivables (1,700) — — 456 (1,244) Accounts payable and accrued liabilities (8,371) 409 457 (914) (8,419) Deferred revenue (805) — — — (805) Income taxes payable (697) — — 36 (661) Cash used in operating activities $ (14,758) $ — $ — $ — $ (14,758) Cash flows used in investing activities Additions to intangible assets (9,247) — — — (9,247) Additions to property and equipment (4,172) (4,172) Net cash (used) in investing activities $ (13,419) $ — $ — $ — $ (13,419) Cash flows from financing activities Proceeds from revolving credit facility 25,000 — — — 25,000 Repayment on revolving credit facility (25,000) — — — (25,000) Repayment of term loan (3,161) — — — (3,161) Repayment of other borrowings - notes payable (173) — — — (173) Proceeds from convertible debt 104,167 — — — 104,167 Proceeds from equity portion of convertible debt, net of issuance costs 15,697 — — — 15,697 Payment of deferred financing costs (1,579) — — — (1,579) Repayment of related party note (1,538) — — — (1,538) December 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments As Revised Proceeds from CTAC and PIPE financing, net of issuance costs 223,688 — — — 223,688 Settlements of preferred shares (229,915) — — — (229,915) Payment of capital lease obligations (828) — — — (828) Payment of stock option share employee withholding taxes (2,305) — — — (2,305) Cash provided by/(used in) financing activities $ 104,053 $ — $ — $ — $ 104,053 Effect of Exchange Rate Change on Cash (226) — — — (226) Change in Cash and Restricted Cash 75,650 — — — 75,650 Cash and Restricted Cash, beginning of period 10,693 — — — 10,693 Cash and Restricted Cash, end of period $ 86,343 $ — $ — $ — $ 86,343 Non-cash investing and financing activities: Equity financing fees accrued $ 3,602 $ — $ — $ — $ 3,602 Common shares issued to preferred shareholders 56,502 — — — 56,502 Equity financing fees settled in common shares 1,863 — — — 1,863 Common shares issued to warrant holders 10,663 — — — 10,663 Common shares issued to option holders pursuant to the Cancellation Agreements 1,072 — — — 1,072 Sponsor shares distributed to lender under Backstop Agreement 683 — — — 683 Supplemental cash flow information: Interest paid $ 19,874 $ — $ — $ — $ 19,874 Taxes paid (net of refunds) 957 — — — 957 KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Temporary Equity and Stockholders’ Equity (In thousands, USD, except share amounts) (unaudited) Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Deficit Total Stockholders’ Equity Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 (as previously reported) 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (900) — (900) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,081) (1,081) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,566,186 16,802 271,288 30,281,520 3 128,538 (2,577) (114,807) 11,157 Adjustments Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) March 31, 2021 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — 4 — 4 Net loss — — — — — — — — — — — — — (918) (918) Total Adjustments - March 31, 2021 — — — — — — (45,818) (300) (300) — — — 119 (4,753) (4,634) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (896) — (896) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,999) (1,999) Balance at March 31, 2021 8,004,780 $ 80,048 8,128,665 $ 81,287 9,315,136 $ 93,151 2,520,368 $ 16,502 $ 270,988 30,281,520 $ 3 $ 128,538 $ (2,458) $ (119,560) $ 6,523 KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In thousands USD) (unaudited) For the three months ended March 31, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments Revised Cash flows from operating activities Net loss $ (1,081) $ (238) $ (114) $ (566) $ (1,999) Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization 13,114 — — (21) 13,093 Amortization of deferred financing costs 524 — — — 524 Deferred income taxes (1,366) 238 — (259) (1,387) Non-cash foreign currency loss (70) — — — (70) Share-based compensation 315 — — — 315 Provision for doubtful accounts (18) — — — (18) Change in fair value of warrant liability (2,424) — — — (2,424) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (1,855) — — (55) (1,910) Inventories (878) — — — (878) Prepaid expenses and other receivables (5,375) — — 1,274 (4,101) Accounts payable and accrued liabilities (13,311) — 114 (365) (13,562) Deferred revenue (81) — — — (81) Income taxes payable 186 — — (8) 178 Net cash used in operating activities $ (12,320) $ — $ — $ — $ (12,320) Net cash used in investing activities $ (3,091) $ — $ — $ — $ (3,091) Net cash provided financing activities $ 18,291 $ — $ — $ — $ 18,291 Effect of Exchange Rate Change on Cash and Restricted Cash (67) — — — (67) Change in Cash and Restricted Cash 2,813 — — — 2,813 Cash and Restricted Cash, beginning of period 10,693 — — — 10,693 Cash and Restricted Cash, end of period $ 13,506 $ — $ — $ — $ 13,506 KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Stockholders’ Equity (In thousands, USD, except share amounts) (unaudited) Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Deficit Total Stockholders’ Equity Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (900) — (900) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,081) (1,081) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,566,186 16,802 271,288 30,281,520 3 128,538 (2,577) (114,807) 11,157 Derecognition of shares — — — — — — (45,818) (300) (300) — — — — — — Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 743 — 743 Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (6,885) (6,885) Balance at June 30, 2021 8,256,165 82,562 8,398,185 83,982 9,547,376 95,474 2,520,368 16,502 278,520 30,281,520 3 121,321 (1,834) (121,692) (2,202) Adjustments Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) March 31, 2021 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — 4 — 4 Net loss — — — — — — — — — — — — — (918) (918) Total Adjustments - March 31, 2021 — — — — — — (45,818) (300) (300) — — — 119 (4,753) (4,634) June 30, 2021 — — — — — — Derecognition of shares — — — — — — 45,818 300 300 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — (325) — (325) Net loss — — — — — — — — — — — — — 683 683 Total Adjustments - June 30, 2021 — — — — — — — — — — — — (206) (4,070) (4,276) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (896) — (896) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,999) (1,999) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,520,368 16,502 270,988 30,281,520 3 128,538 (2,458) (119,560) 6,523 Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 418 — 418 Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (6,202) (6,202) Balance at June 30, 2021 8,256,165 $ 82,562 8,398,185 $ 83,982 9,547,376 $ 95,474 2,520,368 $ 16,502 $ 278,520 30,281,520 $ 3 $ 121,321 $ (2,040) $ (125,762) $ (6,478) KORE Group Holdings, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In thousands USD) (unaudited) For the six months ended June 30, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments Revised Cash flows from operating activities Net loss $ (7,966) $ (403) $ (228) $ 396 $ (8,201) Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization 25,507 — — (42) 25,465 Amortization of deferred financing costs 1,047 — — — 1,047 Deferred income taxes (4,308) 237 — 694 (3,377) Non-cash foreign currency loss 77 — — — 77 Share-based compensation 630 — — — 630 Provision for doubtful accounts 11 — — — 11 Change in fair value of warrant liability (2,383) — — — (2,383) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (7,049) — — (109) (7,158) Inventories (4,089) — — — (4,089) Prepaid expenses and other receivables (9,016) — — (109) (9,125) Accounts payable and accrued liabilities (6,103) 166 228 (563) (6,272) Deferred revenue (671) — — — (671) Income taxes payable (32) — — (267) (299) Net cash used in operating activities $ (14,345) $ — $ — $ — $ (14,345) Net cash used in investing activities $ (5,973) $ — $ — $ — $ (5,973) Net cash provided by financing activities $ 18,375 $ — $ 18,375 Effect of exchange rate change on cash and restricted cash (82) — — — (82) Change in cash and restricted cash (2,025) — — — (2,025) Cash and restricted cash, beginning of period 10,693 — — — 10,693 Cash and restricted cash, end of period $ 8,668 $ — $ — $ — $ 8,668 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Stockholders’ Equity (Unaudited) (In thousands, USD) Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Accumulated Total Stockholders’ Equity Temporary Equity Shares Amount Shares Amount Shares Amount Shares Amount Amount Shares Amount Amount Amount Amount Amount As Reported Balance at December 31, 2020 7,756,158 $ 77,562 7,862,107 $ 78,621 9,090,975 $ 90,910 2,566,186 $ 16,802 $ 263,895 30,281,520 $ 3 $ 135,616 $ (1,677) $ (113,726) $ 20,216 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (900) — (900) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,081) (1,081) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,566,186 16,802 271,288 30,281,520 3 128,538 (2,577) (114,807) 11,157 Derecognition of shares — — — — — — (45,818) (300) (300) — — — — — — Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 743 — 743 Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (6,885) (6,885) Balance at June 30, 2021 8,256,165 82,562 8,398,185 83,982 9,547,376 95,474 2,520,368 16,502 278,520 30,281,520 3 121,321 (1,834) (121,692) (2,202) Accrued dividends payable 265,602 2,656 287,998 2,880 236,142 2,361 — — 7,897 — — (7,897) — — (7,897) Foreign currency translation adjustment — — — — — — — — — — — — (1,322) — (1,322) Stock-based compensation — — — — — — — — — — — (3,519) — — (3,519) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,912 — — — — — — — — — 10,373,491 1 6,456 — — 6,457 Conversion of KORE warrants — — — — — — — — — 1,365,612 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $7,718 — — — — — — — — — 22,686,326 2 217,280 — — 217,282 Equity portion of convertible debt, net of issuance costs of $224 — — — — — — — — — — — 12,510 — — 12,510 Net loss — — — — — — — — — — — — — (4,508) (4,508) Balance at September 30, 2021 — — — — — — — — — 71,827,317 7 413,316 (3,156) (126,200) 283,967 Adjustments Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Accumulated Total Stockholders’ Equity Temporary Equity Balance, December 31, 2020 — — — — — — (45,818) (300) (300) — — — 115 (3,835) (3,720) March 31, 2021 Foreign currency translation adjustment — — — — — — — — — — — — 4 — 4 Net loss — — — — — — — — — — — — — (918) (918) Total Adjustments - March 31, 2021 — — — — — — (45,818) (300) (300) — — — 119 (4,753) (4,634) June 30, 2021 Derecognition of shares — — — — — — 45,818 300 300 — — — — — — Foreign currency translation adjustment — — — — — — — — — — — — (325) — (325) Net loss — — — — — — — — — — — — — 683 683 Total Adjustments - June 30, 2021 — — — — — — — — — — — — (206) (4,070) (4,276) September 30, 2021 Foreign currency translation adjustment — — — — — — — — — — — — 67 — 67 Private offering and merger financing — — — — — — — — — — — (331) — — (331) Net loss — — — — — — — — — — — — — 135 135 Total Adjustments - September 30, 2021 — — — — — — — — — — — (331) (139) (3,935) (4,405) As Revised Balance at December 31, 2020 7,756,158 77,562 7,862,107 78,621 9,090,975 90,910 2,520,368 16,502 263,595 30,281,520 3 135,616 (1,562) (117,561) 16,496 Accrued dividends payable 248,622 2,486 266,558 2,666 224,161 2,241 — — 7,393 — — (7,393) — — (7,393) Foreign currency translation adjustment — — — — — — — — — — — — (896) — (896) Stock-based compensation — — — — — — — — — — — 315 — — 315 Net loss — — — — — — — — — — — — — (1,999) (1,999) Balance at March 31, 2021 8,004,780 80,048 8,128,665 81,287 9,315,136 93,151 2,520,368 16,502 270,988 30,281,520 3 128,538 (2,458) (119,560) 6,523 Accrued dividends payable 251,385 2,514 269,520 2,695 232,240 2,323 — — 7,532 — — (7,532) — — (7,532) Foreign currency translation adjustment — — — — — — — — — — — — 418 — 418 Stock-based compensation — — — — — — — — — — — 315 — — 315 Series A Preferred Stock Series A-1 Preferred Stock Series B Preferred Stock Series C Convertible Preferred Stock Total Temporary Equity Common Stock Additional paid-in capital Accumulated Other Comprehensive Income (Loss) Accumulated Accumulated Total Stockholders’ Equity Temporary Equity Net loss — — — — — — — — — — — — — (6,202) (6,202) Balance at June 30, 2021 8,256,165 82,562 8,398,185 83,982 9,547,376 95,474 2,520,368 16,502 278,520 30,281,520 3 121,321 (2,040) (125,762) (6,478) Accrued dividends payable 265,602 2,656 287,998 2,880 236,142 2,361 — — 7,897 — — (7,897) — — (7,897) Foreign currency translation adjustment — — — — — — — — — — — — (1,255) — (1,255) Stock-based compensation — — — — — — — — — — — (3,519) — — (3,519) Distributions to and conversions of preferred stock (8,521,767) (85,218) (8,686,183) (86,862) (9,783,518) (97,835) (2,520,368) (16,502) (286,417) 7,120,368 1 56,502 — — 56,503 CTAC shares recapitalized, net of equity issuance costs of $15,912 — — — — — — — — — 10,373,491 1 6,456 — — 6,457 Conversion of KORE warrants — — — — — — — — — 1,365,612 — 10,663 — — 10,663 Private offering and merger financing, net of equity issuance costs of $7,718 — — — — — — — — — 22,686,326 2 216,949 — — 216,951 Equity portion of convertible debt, net of issuance costs of $224 — — — — — — — — — — — 12,510 — — 12,510 Net loss — — — — — — — — — — — — — (4,373) (4,373) Balance at September 30, 2021 — — — — — — — — — 71,827,317 $ 7 $ 412,985 $ (3,295) $ (130,135) $ 279,562 KORE Group Holdings, Inc. and Subsidiaries Consolidated Statements of Cash Flows (Unaudited) (In thousands USD) For nine months ended September 30, 2021 As previously reported Income tax adjustments Indirect tax adjustments Other adjustments Revised Cash flows from operating activities Net loss $ (12,474) $ (702) $ (342) $ 944 $ (12,574) Adjustments to reconcile net loss to net cash provided by (used in) operating activities Depreciation and amortization 37,947 — — (63) 37,884 Amortization of deferred financing costs 1,569 — — — 1,569 Deferred income taxes (8,197) 293 — 463 (7,441) Non-cash foreign currency loss (gain) (163) — — — (163) Stock-based compensation 4,564 — — — 4,564 Provision for doubtful accounts 117 — — — 117 Change in fair value of warrant liability (5,281) — — — (5,281) Change in operating assets and liabilities, net of operating assets and liabilities acquired: Accounts receivable (12,792) — — (164) (12,956) Inventories (6,461) — — — (6,461) Prepaid expenses and other current assets (5,054) — — (51) (5,105) Accounts payable and accrued liabilities (2,366) 409 342 (749) (2,364) Deferred revenue (911) — — — (911) Income taxes payable 63 — — (380) (317) Net cash used in operating activities $ (9,439) $ — $ — $ — $ (9,439) Net cash used in investing activities $ (9,782) $ — $ — $ — $ (9,782) Net cash provided by financing activities $ 81,772 $ — $ — $ — $ 81,772 Effect of exchange rate change on cash (188) (188) Change in cash and restricted cash 62,363 — — — 62,363 Cash and restricted cash, beginning of period $ 10,693 — — — $ 10,693 Cash and restricted cash, end of period $ 73,056 $ — $ — $ — $ 73,056

GEOGRAPHIC AREA INFORMATION (Ta

GEOGRAPHIC AREA INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of Revenue and Long-Lived Assets by Major Geographic Area	Revenue classified by the major geographic areas in which our customers were located and long-lived assets classified where held: Net Sales Long Lived Assets* December 31 December 31 (in Thousands, USD) 2022 2021 2022 2021 United States $ 211,599 $ 187,392 $ 152,361 $ 141,511 Other Countries 56,848 61,043 62,062 73,279 Total $ 268,447 $ 248,435 $ 214,423 $ 214,790 __________________

SCHEDULE 1 - PARENT ONLY FINA_2

SCHEDULE 1 - PARENT ONLY FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Summary of Condensed Balance Sheet	Condensed Balance Sheet (in thousands USD) December 31, December 31, Assets Non-current assets Investment in subsidiaries $ 192,549 $ 256,725 Total non-current assets 192,549 256,725 Total assets $ 192,549 $ 256,725 Liabilities and stockholders’ equity Long-term liabilities Warrant liability 33 286 Total liabilities $ 33 $ 286 Stockholders’ equity Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 76,292,241 and 72,027,743 shares issued and outstanding at December 31, 2022, and December 31, 2021 8 7 Additional paid-in capital 435,293 401,690 Accumulated other comprehensive loss (6,390) (3,463) Accumulated deficit (236,394) (141,795) Total stockholders’ equity $ 192,517 $ 256,439 Total liabilities and stockholders’ equity $ 192,550 $ 256,725
Summary of Condensed Statements of Loss and Comprehensive Loss	Condensed Statements of Loss and Comprehensive Loss (in thousands USD) For the years ended December 31, December 31, Equity in net loss of unconsolidated subsidiaries $ (94,759) $ (29,892) Change in fair value of warrant liability (254) (5,267) Loss before income taxes (94,505) (24,625) Net loss $ (94,505) $ (24,625) Other comprehensive loss: Foreign currency translation adjustment (2,927) (1,987) Comprehensive loss $ (97,432) $ (26,612)
Summary of Condensed Statements of Cash Flows	Condensed Statements of Cash Flows (in thousands USD) For the years ended December 31, December 31, Cash flows from operating activities Net loss $ (94,505) $ (24,625) Adjustments to reconcile net loss to net cash provided by operating activities Equity in net loss of unconsolidated subsidiaries 94,759 29,892 Change in fair value of warrant liability (254) (5,267) Cash provided by operating activities $ — $ — Cash flows from investing activities Distribution from subsidiary — 5,947 Cash provided by investing activities $ — $ 5,947 Issuance of common stock, net of transaction costs — 223,968 Settlement of preferred stock — (229,915) Cash used in financing activities $ — $ (5,947) Effect of exchange rate change on cash and restricted — — Change in cash and restricted cash — — Cash and restricted cash, beginning of year — — Cash and restricted cash, end of year $ — $ — Non-cash investing and financing activities: Fair value of KORE common stock issued pursuant to acquisition $ 23,295 $ — Share-based payment awards issued to employees of subsidiaries 10,296 1,839

REVENUE - Summary of Disaggrega

REVENUE - Summary of Disaggregation Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total	$ 65,975	$ 66,137	$ 70,921	$ 68,978	$ 67,933	$ 60,798	$ 55,352	$ 139,899	$ 116,150	$ 206,036	$ 184,084	$ 268,447	$ 248,435
IoT Connectivity
Disaggregation of Revenue [Line Items]
Total	43,244			43,053								173,162	164,610
Hardware Sales
Disaggregation of Revenue [Line Items]
Total	16,444			19,012								69,091	54,898
Hardware Sales - bill-and-hold
Disaggregation of Revenue [Line Items]
Total	2,197			2,422								10,736	5,357
Deployment services, professional services, referral services, and other
Disaggregation of Revenue [Line Items]
Total	$ 4,090			$ 4,491								$ 15,458	$ 23,570

REVENUE - Additional Informatio

REVENUE - Additional Information (Detail)	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Customer Concentration Risk | Revenue Benchmark | Major Customer
Disaggregation of Revenue [Line Items]
Concentration risk percentage	13.30%	17.80%	11%	21%

ACQUISITIONS - Additional Infor

ACQUISITIONS - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands			3 Months Ended			12 Months Ended
	Mar. 26, 2023	Feb. 16, 2022	Mar. 31, 2023	Sep. 30, 2022	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2021
Business Acquisition [Line Items]
Common stock, par value (in dollars per share)			$ 0.0001			$ 0.0001	$ 0.0001	$ 0.0001
Acquired Companies
Business Acquisition [Line Items]
Percentage of acquired ownership		100%
Transaction costs		$ 1,700
Cash purchase price held in escrow			$ 3,450			$ 3,450
Payments to seller from escrow account				$ 600		600
Net Revenue					$ 74,700	274,179	$ 278,601
Pro forma net loss					(9,900)	(104,483)	(22,415)
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares		4,212,246
Acquired Companies | Acquisition-related Costs
Business Acquisition [Line Items]
Pro forma net loss					$ (1,400)
Acquired Companies | Selling, General and Administrative Expenses
Business Acquisition [Line Items]
Business combination transaction costs incurred			$ 1,400			$ 1,400	$ 300
Twilio IoT Business Unit [Member]
Business Acquisition [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	10,000,000
Common stock, par value (in dollars per share)	$ 0.0001
Aggregate value of shares issued in acquisitions	$ 28,000

ACQUISITIONS - Schedule of Allo

ACQUISITIONS - Schedule of Allocation Of The Consideration Paid For The Acquired Companies (Detail) - USD ($) $ in Thousands		3 Months Ended		12 Months Ended
	Feb. 16, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Business Acquisition [Line Items]
Cash, (net of closing cash of $1,995) and working capital adjustments		$ 0	$ 45,078	$ 46,002	$ 0
Liabilities assumed:
Goodwill		$ 369,870	$ 428,153	$ 369,706	$ 383,415	$ 427,057	$ 427,579	$ 383,643	$ 383,880	$ 383,736	$ 384,202
Acquired Companies
Business Acquisition [Line Items]
Cash, (net of closing cash of $1,995) and working capital adjustments	$ 46,002
Fair value of KORE Common Stock issued to sellers (4,212,246 shares)	23,295
Total consideration	69,297
Closing cash	$ 1,995
Shares issued in acquisition agreement (in shares)	4,212,246
Assets acquired:
Accounts receivable	$ 3,303
Inventories	1,323
Prepaid expenses and other receivables	976
Property and equipment	201
Intangible assets	28,664
Total Assets acquired	34,467
Liabilities assumed:
Deferred tax liabilities	7,391
Accounts payable and accrued liabilities	2,638
Liabilities assumed	10,029
Net identifiable assets acquired	24,438
Goodwill	$ 44,859

ACCOUNTS RECEIVABLE (Details)

ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Receivables [Abstract]
Accounts receivable	$ 48,483	$ 45,097				$ 53,415
Allowance for doubtful accounts	(428)	(559)				(532)
Accounts receivable, net	$ 48,055	$ 44,538	$ 41,712	$ 51,044	$ 57,439	$ 51,615	$ 52,895	$ 47,841	$ 42,358

PREMIUM FINANCE AGREEMENT (Deta

PREMIUM FINANCE AGREEMENT (Detail) $ in Thousands	Aug. 03, 2022 USD ($) payment	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Short-term Debt [Line Items]
Outstanding balance of debt			$ 425,408	$ 425,980
Notes Payable, Other Payables | Premium Finance Agreement
Short-term Debt [Line Items]
Face amount of debt	$ 3,600
Interest rate	4.60%
Term of debt	20 months
Number of fixed monthly principal and interest payments | payment	20
Fixed monthly principal and interest payments	$ 190
Outstanding balance of debt		$ 2,200	$ 2,800

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Effective income tax rate	2%			16%								8.90%	26.20%
Income tax benefit	$ 369	$ 1,805	$ 2,268	$ 2,212	$ 3,873	$ 1,795	$ 1,256	$ 4,480	$ 3,051	$ 6,285	$ 6,925	$ 10,417	$ 8,776

STOCK-BASED COMPENSATION - Summ

STOCK-BASED COMPENSATION - Summary Of Share-based Payment Arrangement, Restricted Stock Unit, Activity (Detail) - Restricted Stock Units (RSUs) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Number of awards outstanding (in thousands)
Unvested RSUs at beginning of period (in shares)	5,515	0
RSUs granted (in shares)	4,230	5,789
RSUs vested (in shares)	(395)	(52)
RSUs forfeited and canceled (in shares)	(123)	(222)
Unvested RSUs at end of period (in shares)	9,227	5,515
Weighted-average grant date fair value (per share)
Unvested RSUs at beginning of period (in dollars per share)	$ 6.69	$ 0
RSUs granted (in dollars per share)	1.72	6.24
RSUs vested (in dollars per share)	6.78	6.88
RSUs forfeited and canceled (in dollars per share)	6.97	6.97
Unvested RSUs at end of period (in dollars per share)	$ 5.54	$ 6.69
Aggregate intrinsic value (in thousands)
Unvested RSUs at beginning of period	$ 34,191	$ 0
RSUs granted	7,297	36,101
RSUs vested	(2,680)	(362)
RSUs forfeited and canceled	(859)	(1,548)
Unvested RSUs at end of period	$ 37,949	$ 34,191

STOCK-BASED COMPENSATION - Addi

STOCK-BASED COMPENSATION - Additional Information (Detail) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Time-Based Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs granted (in shares)	2,100	4,000
Performance-Based Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs granted (in shares)	2,100	1,700
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs granted (in shares)	4,230	5,789
Unrecognized Compensation Cost	$ 26,300	$ 24,272	$ 0
Remaining recognition period (in years)	2 years 2 months 12 days	2 years 7 months 6 days

STOCK-BASED COMPENSATION - Su_2

STOCK-BASED COMPENSATION - Summary of Share-based Compensation Expense (Detail) - Restricted Stock Units (RSUs) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total Stock Compensation Expense	$ 2,570	$ 2,050	$ 10,296	$ 4,564
Income tax benefit related to share-based compensation expense	$ 246	$ 264

WARRANTS ON COMMON STOCK (Detai

WARRANTS ON COMMON STOCK (Detail) - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2021
Class of Warrant or Right [Line Items]
Warrants outstanding (in shares)				8,911,744
Warrant
Class of Warrant or Right [Line Items]
Share price (in dollars per share)	$ 0.13	$ 0.12	$ 1.05
Private Placement Warrants
Class of Warrant or Right [Line Items]
Warrants outstanding (in shares)	272,779
Aggregate value of warrants	$ 35,500	$ 32,700	$ 300,000

NET LOSS PER SHARE - Summary Of

NET LOSS PER SHARE - Summary Of Earnings Per Shares, Basic and Diluted (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Numerator:
Net loss attributable to the Company	$ (18,490)	$ (14,277)	$ (10,790)	$ (11,572)	$ (4,373)	$ (6,202)	$ (1,999)	$ (22,362)	$ (8,201)	$ (36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Weighted average shares outstanding (in Number):
Basic (in shares)	76,524,735	76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313	75,710,904	41,933,050
Diluted (in shares)	76,524,735	76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313	75,710,904	41,933,050
Net loss per unit attributable to common stockholder
Basic (in dollars per share)	$ (0.24)	$ (0.19)	$ (0.14)	$ (0.16)	$ (0.26)	$ (0.43)	$ (0.30)	$ (0.30)	$ (0.73)	$ (0.48)	$ (0.98)	$ (1.40)	$ (1.04)
Diluted (in dollars per share)	$ (0.24)	$ (0.19)	$ (0.14)	$ (0.16)	$ (0.26)	$ (0.43)	$ (0.30)	$ (0.30)	$ (0.73)	$ (0.48)	$ (0.98)	$ (1.40)	$ (1.04)

NET LOSS PER SHARE - Summary _2

NET LOSS PER SHARE - Summary Of Diluted Shares Outstanding (Detail) - shares	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Common stock issued under the Backstop Agreement
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	9,600,031	9,600,031	9,600,031	9,600,031
Restricted stock grants with only service conditions
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	4,529,117	3,108,277	3,552,416	0
Private Placement Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	272,779	272,779

NATURE OF OPERATIONS (Detail)

NATURE OF OPERATIONS (Detail)	Sep. 30, 2021
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Corp Merger Sub | Pubco | Sponsor
Organization, Consolidation And Presentation Of Financial Statements [Line Items]
Ownership percentage of disposed entity	1

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2022 USD ($) segment	Dec. 31, 2021 USD ($)	Sep. 30, 2021
Accounting Policies [Line Items]
Number of operating segments | segment	1
Number of reportable segments | segment	1
Maximum vesting period of company matching contributions under plan	4 years
Aggregate company contribution under plan	$ 500,000	$ 400,000
Assets classified as held for sale	0	0
Amounts reclassified out of Accumulated Other Comprehensive Loss	$ 0	$ 0
Pre-combination KORE | Equity Holders
Accounting Policies [Line Items]
Equity method investment ownership percentage			54%

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Estimated Useful Lives of Property and Equipment (Detail)	12 Months Ended
	Dec. 31, 2022
Computer hardware and software
Property, Plant and Equipment [Line Items]
Depreciation rate for property and equipment	30%
Networking equipment
Property, Plant and Equipment [Line Items]
Depreciation rate for property and equipment	20%
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Depreciation rate for property and equipment	20%

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Estimated Useful Lives of Intangible Assets (Detail)	12 Months Ended
	Dec. 31, 2022
Carrier contracts
Finite-Lived Intangible Assets [Line Items]
Useful life of definite lived intangible assets	10 years
Minimum | Customer relationships
Finite-Lived Intangible Assets [Line Items]
Useful life of definite lived intangible assets	10 years
Minimum | Technology
Finite-Lived Intangible Assets [Line Items]
Useful life of definite lived intangible assets	5 years
Minimum | Trademarks
Finite-Lived Intangible Assets [Line Items]
Useful life of definite lived intangible assets	9 years
Minimum | Internally developed computer software
Finite-Lived Intangible Assets [Line Items]
Useful life of definite lived intangible assets	3 years
Maximum | Customer relationships
Finite-Lived Intangible Assets [Line Items]
Useful life of definite lived intangible assets	13 years
Maximum | Technology
Finite-Lived Intangible Assets [Line Items]
Useful life of definite lived intangible assets	9 years
Maximum | Trademarks
Finite-Lived Intangible Assets [Line Items]
Useful life of definite lived intangible assets	10 years
Maximum | Internally developed computer software
Finite-Lived Intangible Assets [Line Items]
Useful life of definite lived intangible assets	5 years

SUMMARY OF SIGNIFICANT ACCOUN_9

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Summary of Effect on Balance Sheet Due to Adoption of Topic 842 (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Jan. 01, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets	$ 9,501	$ 10,019	$ 10,430	$ 8,110	$ 8,565
Current portion of operating lease liabilities	1,649	1,811	1,872	1,976	1,643
Non-current portion of operating lease liabilities	8,961	9,275	9,501	6,852	7,430
Current portion of capital lease liabilities included in Accrued liabilities							$ 191	$ 528	$ 641	$ 504
Current portion of finance lease liabilities included in Accrued liabilities		115
Non-current portion of capital lease liabilities included in Other long-term liabilities								304	362	420
Non-current portion of finance lease liabilities included in Other long-term liabilities		135
Accrued liabilities	$ 15,850	$ 15,793	14,590	15,660	11,676		22,353
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets						$ 9,278
Current portion of operating lease liabilities						2,121
Non-current portion of operating lease liabilities						7,483
Current portion of capital lease liabilities included in Accrued liabilities						(191)
Current portion of finance lease liabilities included in Accrued liabilities						191
Non-current portion of capital lease liabilities included in Other long-term liabilities						(264)
Non-current portion of finance lease liabilities included in Other long-term liabilities						264
Accrued liabilities						(326)
Cumulative Effect, Period of Adoption, Adjusted Balance
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets						9,278
Current portion of operating lease liabilities						2,121
Non-current portion of operating lease liabilities						7,483
Current portion of capital lease liabilities included in Accrued liabilities						0
Current portion of finance lease liabilities included in Accrued liabilities						191
Non-current portion of capital lease liabilities included in Other long-term liabilities						0
Non-current portion of finance lease liabilities included in Other long-term liabilities						264
Accrued liabilities						$ 22,027
As previously reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets			10,430	7,914	9,050
Current portion of operating lease liabilities			1,872	1,764	2,027
Non-current portion of operating lease liabilities			9,501	6,852	7,430
Current portion of capital lease liabilities included in Accrued liabilities							191	528	641	504
Non-current portion of capital lease liabilities included in Other long-term liabilities							264	$ 304	$ 362	$ 420
Accrued liabilities			$ 14,290	$ 15,348	$ 11,424		$ 22,353

SUMMARY OF SIGNIFICANT ACCOU_10

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Summary of Effect on Balance Sheet Due to Adoption of Adoption of ASU 2020-06 (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Jan. 01, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Long-term debt and other borrowings, net	$ 413,090	$ 413,910	$ 414,683	$ 413,788	$ 414,026		$ 399,115	$ 378,356	$ 297,773	$ 298,010
Additional paid-in capital	437,677	435,292	432,566	429,547	427,046		413,315	412,985	121,321	128,538
Deferred tax liabilities	23,272	25,248	33,454	35,034	38,196		37,925	36,378	40,462	42,375
Accumulated deficit	$ (266,728)	$ (248,238)	(178,677)	(164,400)	(153,610)		(142,337)	(130,135)	(125,762)	(119,560)
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2020-06
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Long-term debt and other borrowings, net						$ 15,163
Additional paid-in capital						(11,613)
Deferred tax liabilities						(3,849)
Accumulated deficit						299
Cumulative Effect, Period of Adoption, Adjusted Balance
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Long-term debt and other borrowings, net						414,278
Additional paid-in capital						401,702
Deferred tax liabilities						34,076
Accumulated deficit						$ (142,038)
As previously reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Long-term debt and other borrowings, net			414,683	413,788	414,026		399,115	378,356	297,773	298,010
Additional paid-in capital			432,897	429,878	427,377		413,646	413,316	121,321	128,538
Deferred tax liabilities			29,926	32,618	36,443		36,722	34,580	38,474	41,393
Accumulated deficit			$ (172,953)	$ (159,928)	$ (148,787)		$ (138,179)	$ (126,200)	$ (121,692)	$ (114,807)

REVISION OF PREVIOUSLY REPORT_3

REVISION OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income tax expense	$ (369)	$ (1,805)	$ (2,268)	$ (2,212)	$ (3,873)	$ (1,795)	$ (1,256)	$ (4,480)	$ (3,051)	$ (6,285)	$ (6,925)	$ (10,417)	$ (8,776)
Other long-term liabilities	11,404											10,790	6,450
Selling, general and administrative	30,200	28,904	29,407	27,717	26,114	21,741	19,010	57,125	40,751	86,029	66,864	112,220	92,303
Accounts receivable, net	48,055	41,712	51,044	57,439	52,895	47,841	42,358	51,044	47,841	41,712	52,895	44,538	51,615
Total revenue	$ 65,975	66,137	70,921	68,978	67,933	60,798	55,352	139,899	116,150	206,036	184,084	268,447	248,435
Accumulated Amortization												$ (340,278)	(290,420)
Adjustments | Income tax adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income tax expense		808	350	371	299	165	238	721	403	1,529	702		732
Other long-term liabilities		800	400	400	300	200	200	400	200	800	300		700
Adjustments | Indirect tax adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Other long-term liabilities		100	100	100	100	100	100	100	100	100	100		500
Selling, general and administrative		79	79	79	114	114	114	158	228	237	342		457
Adjustments | Error Correction, Other, Customer Billing Error
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Accounts receivable, net		50	50	50	50	50	50	50	50	50	50		220
Total revenue		50	50	50	50	50	50						220
Adjustments | Error Correction, Other, Purchase Price Allocation Misclass
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Accumulated Amortization		20	20	20	20	20	20	20	20	20	20		(80)
Adjustments | Error Correction, Other, Recognition Period Error
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total revenue		(600)	600
Adjustments | Error Correction, Other, Recognition Period Error | IPO
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Initial public offering costs						(1,400)	1,400
Adjustments | Error Correction, Other, Pre-Tax Loss Tax Effect
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income tax expense		(70)	140	(40)	(460)	690	(230)						190
Other long-term liabilities		$ (70)	$ 140	$ (40)	$ (460)	$ 690	$ (230)	$ 140	$ 690	$ (70)	$ (460)		$ 190

REVISION OF PREVIOUSLY REPORT_4

REVISION OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS - Consolidated Balance Sheets (Details) - USD ($) $ / shares in Units, $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Current assets
Cash	$ 30,600	$ 34,645	$ 42,925	$ 40,441	$ 31,914	$ 85,976	$ 72,689	$ 8,300	$ 13,134
Accounts receivable, net	48,055	44,538	41,712	51,044	57,439	51,615	52,895	47,841	42,358
Inventories, net	8,774	10,051	8,272	9,897	11,789	15,470	12,147	9,864	6,627
Income taxes receivable	424	502	1,532	901	1,225	934	704	724	327
Prepaid expenses and other receivables	12,625	13,484	12,930	8,703	7,274	7,363	14,960	14,726	9,908
Total current assets	100,478	103,220	107,371	110,986	109,641	161,358	153,395	81,455	72,354
Non-current assets
Restricted cash	361	362	358	363	370	367	367	371	372
Property and equipment, net	12,137	11,899	12,141	11,890	12,167	12,240	12,630	12,606	13,338
Intangibles assets, net	183,252	192,504	200,398	210,946	221,856	202,550	211,688	221,024	228,939
Goodwill	369,870	369,706	427,057	427,579	428,153	383,415	383,643	383,880	383,736	$ 384,202
Other long-term assets	876	971	653	381	401	407	458	3,531	2,595
Total assets	676,529	688,736	758,973	770,255	781,153	760,337	762,295	702,986	701,456
Current liabilities
Accounts payable	23,264	17,835	18,201	19,288	19,901	16,004	20,522	23,181	19,515
Accrued liabilities						22,353	27,505	13,377	9,763
Income taxes payable	1,212	207	0	0	554	467	596	640	710
Current portion of capital lease obligations						191	528	641	504
Deferred revenue	7,732	7,817	7,012	7,014	7,020	6,889	6,797	7,074	7,634
Current portion of long-term debt and other borrowings, net	5,370	5,345	5,319	3,165	3,206	3,326	3,153	3,153	3,153
Total current liabilities	55,077	48,808	46,994	47,103	44,000	49,039	59,101	70,066	61,279
Non-current liabilities
Deferred tax liabilities	23,272	25,248	33,454	35,034	38,196	37,925	36,378	40,462	42,375
Warrant liability	30	33	33	153	259	286	273	13,561	13,520
Capital lease obligations							304	362	420
Long-term debt and other borrowings, net	413,090	413,910	414,683	413,788	414,026	399,115	378,356	297,773	298,010
Other long-term liabilities						6,450	7,199	7,155	6,802
Total liabilities	511,834	508,064	513,250	511,059	511,295	492,815	482,733	430,944	423,945
Stockholders’ equity
Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 72,027,743 shares issued and outstanding at December 31, 2021	$ 8	$ 8	8	8	8	$ 7	$ 7	3	3
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001				$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	315,000,000	315,000,000				315,000,000
Common stock, shares issued (in shares)	76,552,595	76,292,241				72,027,743
Common stock, shares outstanding (in shares)	76,552,595	76,292,241				72,027,743	71,810,419
Additional paid-in capital	$ 437,677	$ 435,292	432,566	429,547	427,046	$ 413,315	$ 412,985	121,321	128,538
Accumulated other comprehensive loss	(6,262)	(6,390)	(8,174)	(5,959)	(3,586)	(3,463)	(3,295)	(2,040)	(2,458)
Accumulated deficit	(266,728)	(248,238)	(178,677)	(164,400)	(153,610)	(142,337)	(130,135)	(125,762)	(119,560)
Total stockholders’ equity	164,695	180,672	245,723	259,196	269,858	267,522	279,562	(6,478)	6,523	16,496
Total liabilities and stockholders’ equity	$ 676,529	$ 688,736	758,973	770,255	781,153	760,337	762,295	702,986	701,456
As previously reported
Current assets
Cash			42,925	40,441	31,914	85,976	72,689	8,300	13,134
Accounts receivable, net			41,237	50,767	57,073	51,304	52,638	47,639	42,210
Inventories, net			8,272	9,897	12,069	15,470	12,147	9,864	6,627
Income taxes receivable			711	712	1,239	954	418	441	324
Prepaid expenses and other receivables			13,316	9,089	7,660	7,448	14,540	14,246	10,811
Total current assets			106,461	110,906	109,955	161,152	152,432	80,490	73,106
Non-current assets
Restricted cash			358	363	370	367	367	371	372
Property and equipment, net			12,141	11,890	12,167	12,240	12,630	12,606	13,338
Intangibles assets, net			201,260	211,829	222,759	203,474	212,633	221,990	229,926
Goodwill			425,604	426,126	426,700	381,962	382,190	382,427	382,283
Other long-term assets			653	381	401	407	458	3,531	2,595
Total assets			757,473	769,409	781,402	759,602	760,824	701,534	701,742
Current liabilities
Accounts payable			18,201	19,288	19,901	16,004	20,522	23,181	19,515
Accrued liabilities						21,311	26,362	12,496	8,685
Income taxes payable			381	502	959	467	706	640	730
Current portion of capital lease obligations						191	528	641	504
Deferred revenue			7,012	7,698	7,020	6,889	6,797	7,074	7,634
Current portion of long-term debt and other borrowings, net			5,319	3,165	3,206	3,326	3,153	3,153	3,153
Total current liabilities			47,075	47,765	44,537	48,188	58,068	69,185	60,221
Non-current liabilities
Deferred tax liabilities			29,926	32,618	36,443	36,722	34,580	38,474	41,393
Warrant liability			33	153	259	286	273	13,561	13,520
Capital lease obligations						264	304	362	420
Long-term debt and other borrowings, net			414,683	413,788	414,026	399,115	378,356	297,773	298,010
Other long-term liabilities						2,884	4,154	4,296	4,194
Total liabilities			506,012	505,525	506,319	487,459	476,857	425,216	419,297
Stockholders’ equity
Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 72,027,743 shares issued and outstanding at December 31, 2021			8	8	8	7	7	3	3
Additional paid-in capital			432,897	429,878	427,377	413,646	413,316	121,321	128,538
Accumulated other comprehensive loss			(8,491)	(6,074)	(3,515)	(3,331)	(3,156)	(1,834)	(2,577)
Accumulated deficit			(172,953)	(159,928)	(148,787)	(138,179)	(126,200)	(121,692)	(114,807)
Total stockholders’ equity			251,461	263,884	275,083	272,143	283,967	(2,202)	11,157	20,216
Total liabilities and stockholders’ equity			757,473	769,409	781,402	759,602	760,824	701,534	701,742
Adjustments
Stockholders’ equity
Total stockholders’ equity			(5,738)	(4,688)	(5,225)	(4,621)	(4,405)	(4,276)	(4,634)	$ (3,720)
Adjustments | Income tax adjustments
Non-current liabilities
Deferred tax liabilities			2,497	1,801	1,627	1,435	1,419	1,378	1,326
Other long-term liabilities						1,994	1,986	1,796	1,658
Total liabilities			4,510	3,903	3,739	3,429	3,405	3,174	2,984
Stockholders’ equity
Accumulated other comprehensive loss			403	201	15	(46)	(53)	(120)	(95)
Accumulated deficit			(4,913)	(4,104)	(3,754)	(3,383)	(3,352)	(3,054)	(2,889)
Total stockholders’ equity			(4,510)	(3,903)	(3,739)	(3,429)	(3,405)	(3,174)	(2,984)
Adjustments | Indirect tax adjustments
Non-current liabilities
Other long-term liabilities						1,257	1,142	1,028	914
Total liabilities			1,493	1,414	1,335	1,257	1,142	1,028	914
Stockholders’ equity
Accumulated deficit			(1,493)	(1,414)	(1,335)	(1,257)	(1,142)	(1,028)	(914)
Total stockholders’ equity			(1,493)	(1,414)	(1,335)	(1,257)	(1,142)	(1,028)	(914)
Adjustments | Other Adjustments
Current assets
Accounts receivable, net			475	277	366	311	257	202	148
Inventories, net					(280)
Income taxes receivable			821	189	(14)	(20)	286	283	3
Prepaid expenses and other receivables			(386)	(386)	(386)	(85)	420	480	(903)
Total current assets			910	80	(314)	206	963	965	(752)
Non-current assets
Intangibles assets, net			(862)	(883)	(903)	(924)	(945)	(966)	(987)
Goodwill			1,453	1,453	1,453	1,453	1,453	1,453	1,453
Total assets			1,500	846	(249)	735	1,471	1,452	(286)
Current liabilities
Accrued liabilities						1,042	1,143	881	1,078
Income taxes payable			(381)	(502)	(405)		(110)		(20)
Current portion of capital lease obligations						(191)
Deferred revenue				(684)
Total current liabilities			(81)	(662)	(537)	851	1,033	881	1,058
Non-current liabilities
Deferred tax liabilities			1,031	615	126	(232)	379	610	(344)
Capital lease obligations						(264)
Other long-term liabilities						315	(83)	35	36
Total liabilities			1,235	217	(98)	670	1,329	1,526	750
Stockholders’ equity
Additional paid-in capital			(331)	(331)	(331)	(331)	(331)
Accumulated other comprehensive loss			(86)	(86)	(86)	(86)	(86)	(86)	214
Accumulated deficit			682	1,046	266	482	559	12	(950)
Total stockholders’ equity			265	629	(151)	65	142	(74)	(736)
Total liabilities and stockholders’ equity			$ 1,500	$ 846	$ (249)	$ 735	$ 1,471	$ 1,452	$ (286)

REVISION OF PREVIOUSLY REPORT_5

REVISION OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS - Consolidated Statements of Operations (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Revenue
Total revenue	$ 65,975	$ 66,137	$ 70,921	$ 68,978	$ 67,933	$ 60,798	$ 55,352	$ 139,899	$ 116,150	$ 206,036	$ 184,084	$ 268,447	$ 248,435
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	30,317	31,541	33,628	35,273	34,955	29,135	23,869	68,900	53,004	100,441	87,961	129,154	121,360
Operating expenses
Selling, general and administrative	30,200	28,904	29,407	27,717	26,114	21,741	19,010	57,125	40,751	86,029	66,864	112,220	92,303
Depreciation and amortization	14,125	13,688	13,753	13,175	12,419	12,372	13,093	26,928	25,465	40,616	37,884	54,499	50,331
Total operating expenses	44,325	42,592	43,160	40,892	38,533	34,113	32,103	84,053	66,216	126,645	104,748	224,793	142,634
Operating loss	(8,667)	(7,996)	(5,867)	(7,187)	(5,555)	(2,450)	(620)	(13,054)	(3,070)	(21,050)	(8,625)	(85,500)	(15,559)
Interest expense, including amortization of deferred financing costs, net	10,195	8,206	7,297	6,624	5,589	5,506	5,059	13,921	10,565	22,127	16,155	31,371	23,260
Change in fair value of warrant liability	(3)	(120)	(106)	(27)	(2,898)	41	(2,424)	(133)	(2,383)	(253)	(5,281)	(254)	(5,267)
Loss before income taxes	(18,859)	(16,082)	(13,058)	(13,784)	(8,246)	(7,997)	(3,255)	(26,842)	(11,252)	(42,924)	(19,499)	(116,617)	(33,552)
Income tax expense (benefit)	(369)	(1,805)	(2,268)	(2,212)	(3,873)	(1,795)	(1,256)	(4,480)	(3,051)	(6,285)	(6,925)	(10,417)	(8,776)
Net loss	$ (18,490)	$ (14,277)	$ (10,790)	$ (11,572)	$ (4,373)	$ (6,202)	$ (1,999)	$ (22,362)	$ (8,201)	$ (36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Loss per share:
Basic (in dollars per share)	$ (0.24)	$ (0.19)	$ (0.14)	$ (0.16)	$ (0.26)	$ (0.43)	$ (0.30)	$ (0.30)	$ (0.73)	$ (0.48)	$ (0.98)	$ (1.40)	$ (1.04)
Diluted (in dollars per share)	$ (0.24)	$ (0.19)	$ (0.14)	$ (0.16)	$ (0.26)	$ (0.43)	$ (0.30)	$ (0.30)	$ (0.73)	$ (0.48)	$ (0.98)	$ (1.40)	$ (1.04)
Weighted average shares outstanding (in Number):
Basic (in shares)	76,524,735	76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313	75,710,904	41,933,050
Diluted (in shares)	76,524,735	76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313	75,710,904	41,933,050
Services
Revenue
Total revenue	$ 47,550	$ 46,448	$ 47,805	$ 47,543	$ 48,483	$ 46,430	$ 45,117	$ 95,348	$ 91,547	$ 141,796	$ 140,031	$ 188,985	$ 188,180
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	16,543	16,581	16,610	17,550	17,370	17,624	15,943	34,159	33,567	50,740	50,938	67,268	69,385
Products
Revenue
Total revenue	18,425	19,689	23,116	21,435	19,450	14,368	10,235	44,551	24,603	64,240	44,053	79,462	60,255
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	$ 13,774	14,960	17,018	17,723	17,585	11,511	7,926	34,741	19,437	49,701	37,023	$ 61,886	51,975
As previously reported
Revenue
Total revenue		66,640	70,353	68,941	67,878	60,743	55,297	139,294	116,040	205,934	183,919		248,217
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)		31,569	33,875	34,972	34,964	29,337	24,372	68,846	53,709	100,415	88,675		122,224
Operating expenses
Selling, general and administrative		28,841	29,413	27,628	26,001	23,004	17,521	57,042	40,525	85,883	66,525		91,733
Depreciation and amortization		13,709	13,774	13,196	12,440	12,393	13,114	26,970	25,507	40,679	37,947		50,414
Total operating expenses		42,550	43,187	40,824	38,441	35,397	30,635	84,012	66,032	126,562	104,472		142,147
Operating loss		(7,479)	(6,709)	(6,855)	(5,527)	(3,991)	290	(13,564)	(3,701)	(21,043)	(9,228)		(16,154)
Interest expense, including amortization of deferred financing costs, net		8,206	7,297	6,624	5,589	5,506	5,059	13,921	10,565	22,127	16,155		23,260
Change in fair value of warrant liability		(120)	(106)	(27)	(2,898)	41	(2,424)	(133)	(2,383)	(253)	(5,281)		(5,267)
Loss before income taxes		(15,565)	(13,900)	(13,452)	(8,218)	(9,538)	(2,345)	(27,352)	(11,883)	(42,917)	(20,102)		(34,147)
Income tax expense (benefit)		(2,540)	(2,759)	(2,545)	(3,710)	(2,653)	(1,264)	(5,304)	(3,917)	(7,844)	(7,628)		(9,694)
Net loss		$ (13,025)	$ (11,141)	$ (10,907)	$ (4,508)	$ (6,885)	$ (1,081)	$ (22,048)	$ (7,966)	$ (35,073)	$ (12,474)		$ (24,453)
Loss per share:
Basic (in dollars per share)		$ (0.17)	$ (0.15)	$ (0.15)	$ (0.26)	$ (0.46)	$ (0.27)	$ (0.29)	$ (0.72)	$ (0.46)	$ (0.98)		$ (1.03)
Diluted (in dollars per share)		$ (0.17)	$ (0.15)	$ (0.15)	$ (0.26)	$ (0.46)	$ (0.27)	$ (0.29)	$ (0.72)	$ (0.46)	$ (0.98)		$ (1.03)
Weighted average shares outstanding (in Number):
Basic (in shares)		76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313		41,933,050
Diluted (in shares)		76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313		41,933,050
As previously reported | Services
Revenue
Total revenue		$ 46,410	$ 47,778	$ 47,506	$ 48,428	$ 46,375	$ 45,062	$ 95,284	$ 91,437	$ 141,694	$ 139,866		$ 187,962
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)		16,609	16,577	17,529	17,379	17,826	16,211	34,105	34,037	50,714	51,417		69,867
As previously reported | Products
Revenue
Total revenue		20,230	22,575	21,435	19,450	14,368	10,235	44,010	24,603	64,240	44,053		60,255
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)		14,960	17,298	17,443	17,585	11,511	8,161	34,741	19,672	49,701	37,258		52,357
Adjustments
Operating expenses
Net loss		(1,252)	351	(665)	135	683	(918)						(323)
Adjustments | Income tax adjustments
Operating expenses
Income tax expense (benefit)		808	350	371	299	165	238	721	403	1,529	702		732
Net loss		$ (808)	(350)	$ (371)	$ (299)	$ (165)	$ (238)	$ (721)	$ (403)	$ (1,529)	$ (702)		$ (732)
Loss per share:
Basic (in dollars per share)		$ (0.01)		$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.02)		$ (0.02)
Diluted (in dollars per share)		$ (0.01)		$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.02)		$ (0.02)
Adjustments | Indirect tax adjustments
Operating expenses
Selling, general and administrative		$ 79	79	$ 79	$ 114	$ 114	$ 114	$ 158	$ 228	$ 237	$ 342		$ 457
Total operating expenses		79	79	79	114	114	114	158	228	237	342		457
Operating loss		(79)	(79)	(79)	(114)	(114)	(114)	(158)	(228)	(237)	(342)		(457)
Loss before income taxes		(79)	(79)	(79)	(114)	(114)	(114)	(158)	(228)	(237)	(342)		(457)
Net loss		(79)	(79)	(79)	(114)	(114)	(114)	(158)	$ (228)	(237)	$ (342)		$ (457)
Loss per share:
Basic (in dollars per share)									$ (0.01)		$ (0.01)		$ (0.01)
Diluted (in dollars per share)									$ (0.01)		$ (0.01)		$ (0.01)
Adjustments | Other Adjustments
Revenue
Total revenue		(503)	568	37	55	55	55	605	$ 110	102	$ 165		$ 218
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)		(28)	(247)	301	(9)	(202)	(503)	54	(705)	26	(714)		(864)
Operating expenses
Selling, general and administrative		(16)	(85)	10	(1)	(1,377)	1,375	(75)	(2)	(91)	(3)		113
Depreciation and amortization		(21)	(21)	(21)	(21)	(21)	(21)	(42)	(42)	(63)	(63)		(83)
Total operating expenses		(37)	(106)	(11)	(22)	(1,398)	1,354	(117)	(44)	(154)	(66)		30
Operating loss		(438)	921	(253)	86	1,655	(796)	668	859	230	945		1,052
Loss before income taxes		(438)	921	(253)	86	1,655	(796)	668	859	230	945		1,052
Income tax expense (benefit)		(73)	141	(38)	(462)	693	(230)	103	463	30	1		186
Net loss		(365)	$ 780	(215)	$ 548	$ 962	$ (566)	$ 565	$ 396	200	$ 944		$ 866
Loss per share:
Basic (in dollars per share)			$ 0.01		$ 0.02	$ 0.03	$ (0.02)	$ 0.01	$ 0.01		$ 0.03		$ 0.02
Diluted (in dollars per share)			$ 0.01		$ 0.02	$ 0.03	$ (0.02)	$ 0.01	$ 0.01		$ 0.03		$ 0.02
Adjustments | Other Adjustments | Services
Revenue
Total revenue		38	$ 27	37	$ 55	$ 55	$ 55	$ 64	$ 110	102	$ 165		$ 218
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)		(28)	33	21	$ (9)	$ (202)	(268)	54	(470)	$ 26	(479)		(482)
Adjustments | Other Adjustments | Products
Revenue
Total revenue		$ (541)	541					$ 541
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)			$ (280)	$ 280			$ (235)		$ (235)		$ (235)		$ (382)

REVISION OF PREVIOUSLY REPORT_6

REVISION OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS - Consolidated Statements of Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss	$ (18,490)	$ (14,277)	$ (10,790)	$ (11,572)	$ (4,373)	$ (6,202)	$ (1,999)	$ (22,362)	$ (8,201)	$ (36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Other comprehensive loss:
Foreign currency translation adjustment	128	(2,215)	(2,373)	(123)	(1,255)	418	(896)	(2,496)	(478)	(4,711)	(1,733)	(2,927)	(1,901)
Comprehensive loss	$ (18,362)	(16,492)	(13,163)	(11,695)	(5,628)	(5,784)	(2,895)	(24,858)	(8,679)	(41,350)	(14,307)	$ (109,127)	(26,677)
As previously reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		(13,025)	(11,141)	(10,907)	(4,508)	(6,885)	(1,081)	(22,048)	(7,966)	(35,073)	(12,474)		(24,453)
Other comprehensive loss:
Foreign currency translation adjustment		(2,417)	(2,559)	(184)	(1,322)	743	(900)	(2,743)	(157)	(5,160)	(1,479)		(1,654)
Comprehensive loss		(15,442)	(13,700)	(11,091)	(5,830)	(6,142)	(1,981)	(24,791)	(8,123)	(40,233)	(13,953)		(26,107)
Adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		(1,252)	351	(665)	135	683	(918)						(323)
Other comprehensive loss:
Foreign currency translation adjustment		202	186	61	67	(325)	4						(247)
Adjustments | Income tax adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		(808)	(350)	(371)	(299)	(165)	(238)	(721)	(403)	(1,529)	(702)		(732)
Other comprehensive loss:
Foreign currency translation adjustment		202	186	61	67	(25)	4	247	(21)	449	46		53
Comprehensive loss		(606)	(164)	(310)	(232)	(190)	(234)	(474)	(424)	(1,080)	(656)		(679)
Adjustments | Indirect tax adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		(79)	(79)	(79)	(114)	(114)	(114)	(158)	(228)	(237)	(342)		(457)
Other comprehensive loss:
Comprehensive loss		(79)	(79)	(79)	(114)	(114)	(114)	(158)	(228)	(237)	(342)		(457)
Adjustments | Other Adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		(365)	780	(215)	548	962	(566)	565	396	200	944		866
Other comprehensive loss:
Foreign currency translation adjustment						(300)			(300)		(300)		(300)
Comprehensive loss		$ (365)	$ 780	$ (215)	$ 548	$ 662	$ (566)	$ 565	$ 96	$ 200	$ 644		$ 566

REVISION OF PREVIOUSLY REPORT_7

REVISION OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS - Consolidated Statements of Temporary Equity and Stockholders' Equity (Details) - USD ($) $ in Thousands		3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2021	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity		$ 0			$ 0	$ 278,520	$ 270,988	$ 263,595	$ 0	$ 263,595	$ 0	$ 263,595	$ 0	$ 263,595
Accrued dividends payable						7,897	7,532	7,393						22,822
Distributions to and conversions of preferred stock						(286,417)								(286,417)
Ending balance of temporary equity	$ 0					0	278,520	270,988		278,520		0	$ 0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of common stock (in shares)		76,292,241			72,027,743				72,027,743		72,027,743		72,027,743
Beginning balance of stockholders' equity		$ 180,672	$ 259,196	$ 269,858	$ 267,522	(6,478)	6,523	16,496	$ 267,522	16,496	$ 267,522	16,496	$ 267,522	16,496
Accrued dividends payable						(7,897)	(7,532)	(7,393)						(22,822)
Foreign currency translation adjustment		128	(2,215)	(2,373)	(123)	(1,255)	418	(896)	(2,496)	(478)	(4,711)	(1,733)	(2,927)	(1,901)
Share-based compensation (in shares)	200,426
Share-based compensation		2,570	3,019	2,501	2,050	(3,519)	315	315					10,296	(1,856)
Distributions to and conversions of preferred stock						56,503								56,503
CTAC shares recapitalized, net of equity issuance costs						6,457								6,429
Equity issuance costs of CTAC shares recapitalized						15,912								15,943
Conversion of KORE warrants						10,663								10,663
Private offering and merger financing, net of equity issuance costs						216,951								216,546
Equity issuance costs of private offering and merger financing						7,718								8,123
Equity portion of convertible debt, net of issuance costs						12,510								12,240
Issuance costs of equity portion of convertible debt						224								384
Sponsor shares of equity portion of convertible debt														683
Deferred tax liability of equity portion of convertible debt														3,999
Net loss		$ (18,490)	(14,277)	(10,790)	(11,572)	$ (4,373)	(6,202)	(1,999)	(22,362)	(8,201)	(36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Ending balance of common stock (in shares)	72,027,743	76,552,595				71,810,419						71,810,419	76,292,241	72,027,743
Ending balance of stockholders' equity	$ 267,522	$ 164,695	$ 245,723	$ 259,196	$ 269,858	$ 279,562	$ (6,478)	$ 6,523	$ 259,196	$ (6,478)	$ 245,723	$ 279,562	$ 180,672	$ 267,522
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of common stock (in shares)		76,292,241	76,239,989	76,239,989	72,027,743	30,281,520	30,281,520	30,281,520	72,027,743	30,281,520	72,027,743	30,281,520	72,027,743	30,281,520
Beginning balance of stockholders' equity		$ 8	$ 8	$ 8	$ 7	$ 3	$ 3	$ 3	$ 7	$ 3	$ 7	$ 3	$ 7	$ 3
Share-based compensation (in shares)														200,426
Distributions to and conversions of preferred stock (in shares)						7,120,368								7,120,368
Distributions to and conversions of preferred stock						$ 1								$ 1
CTAC shares recapitalized, net of equity issuance costs (in shares)						10,373,491								10,373,491
CTAC shares recapitalized, net of equity issuance costs						$ 1								$ 1
Conversion of KORE warrants (in shares)						1,365,612								1,365,612
Private offering and merger financing, net of equity issuance costs (in shares)						22,686,326								22,686,326
Private offering and merger financing, net of equity issuance costs						$ 2								$ 2
Ending balance of common stock (in shares)	72,027,743	76,552,595	76,292,241	76,239,989	76,239,989	71,827,317	30,281,520	30,281,520	76,239,989	30,281,520	76,292,241	71,827,317	76,292,241	72,027,743
Ending balance of stockholders' equity	$ 7	$ 8	$ 8	$ 8	$ 8	$ 7	$ 3	$ 3	$ 8	$ 3	$ 8	$ 7	$ 8	$ 7
Additional paid-in capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity		435,292	429,547	427,046	413,315	121,321	128,538	135,616	413,315	135,616	413,315	135,616	413,315	135,616
Accrued dividends payable						(7,897)	(7,532)	(7,393)						(22,822)
Share-based compensation		2,570	3,019	2,501	2,050	(3,519)	315	315					10,296	(1,856)
Distributions to and conversions of preferred stock						56,502								56,502
CTAC shares recapitalized, net of equity issuance costs						6,456								6,428
Conversion of KORE warrants						10,663								10,663
Private offering and merger financing, net of equity issuance costs						216,949								216,544
Equity portion of convertible debt, net of issuance costs						12,510								12,240
Ending balance of stockholders' equity	413,315	437,677	432,566	429,547	427,046	412,985	121,321	128,538	429,547	121,321	432,566	412,985	435,292	413,315
Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity		(6,390)	(5,959)	(3,586)	(3,463)	(2,040)	(2,458)	(1,562)	(3,463)	(1,562)	(3,463)	(1,562)	(3,463)	(1,562)
Foreign currency translation adjustment		128	(2,215)	(2,373)	(123)	(1,255)	418	(896)					(2,927)	(1,901)
Ending balance of stockholders' equity	(3,463)	(6,262)	(8,174)	(5,959)	(3,586)	(3,295)	(2,040)	(2,458)	(5,959)	(2,040)	(8,174)	(3,295)	(6,390)	(3,463)
Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity		(248,238)	(164,400)	(153,610)	(142,337)	(125,762)	(119,560)	(117,561)	(142,337)	(117,561)	(142,337)	(117,561)	(142,337)	(117,561)
Net loss		(18,490)	(14,277)	(10,790)	(11,572)	(4,373)	(6,202)	(1,999)					(106,200)	(24,776)
Ending balance of stockholders' equity	$ (142,337)	$ (266,728)	(178,677)	(164,400)	$ (153,610)	$ (130,135)	$ (125,762)	$ (119,560)	$ (164,400)	$ (125,762)	$ (178,677)	$ (130,135)	$ (248,238)	$ (142,337)
Series A Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)		0			0	8,256,165	8,004,780	7,756,158	0	7,756,158	0	7,756,158	0	7,756,158
Beginning balance of temporary equity		$ 0			$ 0	$ 82,562	$ 80,048	$ 77,562	$ 0	$ 77,562	$ 0	$ 77,562	$ 0	$ 77,562
Accrued dividends payable (in shares)						265,602	251,385	248,622						765,609
Accrued dividends payable						$ 2,656	$ 2,514	$ 2,486						$ 7,656
Distributions to and conversions of preferred stock (in shares)						(8,521,767)								(8,521,767)
Distributions to and conversions of preferred stock						$ (85,218)								$ (85,218)
Ending balance of temporary equity (in shares)	0					0	8,256,165	8,004,780		8,256,165		0	0	0
Ending balance of temporary equity	$ 0					$ 0	$ 82,562	$ 80,048		$ 82,562		$ 0	$ 0	$ 0
Series A-1 Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)		0			0	8,398,185	8,128,665	7,862,107	0	7,862,107	0	7,862,107	0	7,862,107
Beginning balance of temporary equity		$ 0			$ 0	$ 83,982	$ 81,287	$ 78,621	$ 0	$ 78,621	$ 0	$ 78,621	$ 0	$ 78,621
Accrued dividends payable (in shares)						287,998	269,520	266,558						824,076
Accrued dividends payable						$ 2,880	$ 2,695	$ 2,666						$ 8,241
Distributions to and conversions of preferred stock (in shares)						(8,686,183)								(8,686,183)
Distributions to and conversions of preferred stock						$ (86,862)								$ (86,862)
Ending balance of temporary equity (in shares)	0					0	8,398,185	8,128,665		8,398,185		0	0	0
Ending balance of temporary equity	$ 0					$ 0	$ 83,982	$ 81,287		$ 83,982		$ 0	$ 0	$ 0
Series B Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)		0			0	9,547,376	9,315,136	9,090,975	0	9,090,975	0	9,090,975	0	9,090,975
Beginning balance of temporary equity		$ 0			$ 0	$ 95,474	$ 93,151	$ 90,910	$ 0	$ 90,910	$ 0	$ 90,910	$ 0	$ 90,910
Accrued dividends payable (in shares)						236,142	232,240	224,161						692,543
Accrued dividends payable						$ 2,361	$ 2,323	$ 2,241						$ 6,925
Distributions to and conversions of preferred stock (in shares)						(9,783,518)								(9,783,518)
Distributions to and conversions of preferred stock						$ (97,835)								$ (97,835)
Ending balance of temporary equity (in shares)	0					0	9,547,376	9,315,136		9,547,376		0	0	0
Ending balance of temporary equity	$ 0					$ 0	$ 95,474	$ 93,151		$ 95,474		$ 0	$ 0	$ 0
Series C Convertible Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)		0			0	2,520,368	2,520,368	2,520,368	0	2,520,368	0	2,520,368	0	2,520,368
Beginning balance of temporary equity		$ 0			$ 0	$ 16,502	$ 16,502	$ 16,502	$ 0	$ 16,502	$ 0	$ 16,502	$ 0	$ 16,502
Distributions to and conversions of preferred stock (in shares)						(2,520,368)								(2,520,368)
Distributions to and conversions of preferred stock						$ (16,502)								$ (16,502)
Ending balance of temporary equity (in shares)	0					0	2,520,368	2,520,368		2,520,368		0	0	0
Ending balance of temporary equity	$ 0					$ 0	$ 16,502	$ 16,502		$ 16,502		$ 0	$ 0	$ 0
As previously reported
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity					0	278,520	271,288	263,895	0	263,895	0	263,895	0	263,895
Derecognition of shares							(300)							(300)
Accrued dividends payable						7,897	7,532	7,393						22,822
Distributions to and conversions of preferred stock						(286,417)								(286,417)
Ending balance of temporary equity	0					0	278,520	271,288		278,520		0		0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity			263,884	275,083	272,143	(2,202)	11,157	20,216	272,143	20,216	272,143	20,216	$ 272,143	20,216
Accrued dividends payable						(7,897)	(7,532)	(7,393)						(22,822)
Foreign currency translation adjustment			(2,417)	(2,559)	(184)	(1,322)	743	(900)	(2,743)	(157)	(5,160)	(1,479)		(1,654)
Share-based compensation			3,019	2,501	2,050	(3,519)	315	315						(1,856)
Distributions to and conversions of preferred stock						56,503								56,503
CTAC shares recapitalized, net of equity issuance costs						6,457								6,429
Conversion of KORE warrants						10,663								10,663
Private offering and merger financing, net of equity issuance costs						217,282								216,877
Equity portion of convertible debt, net of issuance costs						12,510								12,240
Net loss			(13,025)	(11,141)	(10,907)	(4,508)	(6,885)	(1,081)	(22,048)	(7,966)	(35,073)	(12,474)		(24,453)
Ending balance of stockholders' equity	$ 272,143		$ 251,461	$ 263,884	$ 275,083	$ 283,967	$ (2,202)	$ 11,157	$ 263,884	$ (2,202)	$ 251,461	$ 283,967		$ 272,143
As previously reported | Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of common stock (in shares)			76,239,989	76,239,989	72,027,743	30,281,520	30,281,520	30,281,520	72,027,743	30,281,520	72,027,743	30,281,520	72,027,743	30,281,520
Beginning balance of stockholders' equity			$ 8	$ 8	$ 7	$ 3	$ 3	$ 3	$ 7	$ 3	$ 7	$ 3	$ 7	$ 3
Share-based compensation (in shares)														200,426
Distributions to and conversions of preferred stock (in shares)						7,120,368								7,120,368
Distributions to and conversions of preferred stock						$ 1								$ 1
CTAC shares recapitalized, net of equity issuance costs (in shares)						10,373,491								10,373,491
CTAC shares recapitalized, net of equity issuance costs						$ 1								$ 1
Conversion of KORE warrants (in shares)						1,365,612								1,365,612
Private offering and merger financing, net of equity issuance costs (in shares)						22,686,326								22,686,326
Private offering and merger financing, net of equity issuance costs						$ 2								$ 2
Ending balance of common stock (in shares)	72,027,743		76,292,241	76,239,989	76,239,989	71,827,317	30,281,520	30,281,520	76,239,989	30,281,520	76,292,241	71,827,317		72,027,743
Ending balance of stockholders' equity	$ 7		$ 8	$ 8	$ 8	$ 7	$ 3	$ 3	$ 8	$ 3	$ 8	$ 7		$ 7
As previously reported | Additional paid-in capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity			429,878	427,377	413,646	121,321	128,538	135,616	413,646	135,616	413,646	135,616	413,646	135,616
Accrued dividends payable						(7,897)	(7,532)	(7,393)						(22,822)
Share-based compensation			3,019	2,501	2,050	(3,519)	315	315						(1,856)
Distributions to and conversions of preferred stock						56,502								56,502
CTAC shares recapitalized, net of equity issuance costs						6,456								6,428
Conversion of KORE warrants						10,663								10,663
Private offering and merger financing, net of equity issuance costs						217,280								216,875
Equity portion of convertible debt, net of issuance costs						12,510								12,240
Ending balance of stockholders' equity	413,646		432,897	429,878	427,377	413,316	121,321	128,538	429,878	121,321	432,897	413,316		413,646
As previously reported | Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity			(6,074)	(3,515)	(3,331)	(1,834)	(2,577)	(1,677)	(3,331)	(1,677)	(3,331)	(1,677)	(3,331)	(1,677)
Foreign currency translation adjustment			(2,417)	(2,559)	(184)	(1,322)	743	(900)						(1,654)
Ending balance of stockholders' equity	(3,331)		(8,491)	(6,074)	(3,515)	(3,156)	(1,834)	(2,577)	(6,074)	(1,834)	(8,491)	(3,156)		(3,331)
As previously reported | Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity			(159,928)	(148,787)	(138,179)	(121,692)	(114,807)	(113,726)	(138,179)	(113,726)	(138,179)	(113,726)	$ (138,179)	(113,726)
Net loss			(13,025)	(11,141)	(10,907)	(4,508)	(6,885)	(1,081)						(24,453)
Ending balance of stockholders' equity	$ (138,179)		(172,953)	(159,928)	$ (148,787)	$ (126,200)	$ (121,692)	$ (114,807)	$ (159,928)	$ (121,692)	$ (172,953)	$ (126,200)		$ (138,179)
As previously reported | Series A Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)					0	8,256,165	8,004,780	7,756,158	0	7,756,158	0	7,756,158	0	7,756,158
Beginning balance of temporary equity					$ 0	$ 82,562	$ 80,048	$ 77,562	$ 0	$ 77,562	$ 0	$ 77,562	$ 0	$ 77,562
Accrued dividends payable (in shares)						265,602	251,385	248,622						765,609
Accrued dividends payable						$ 2,656	$ 2,514	$ 2,486						$ 7,656
Distributions to and conversions of preferred stock (in shares)						(8,521,767)								(8,521,767)
Distributions to and conversions of preferred stock						$ (85,218)								$ (85,218)
Ending balance of temporary equity (in shares)	0					0	8,256,165	8,004,780		8,256,165		0		0
Ending balance of temporary equity	$ 0					$ 0	$ 82,562	$ 80,048		$ 82,562		$ 0		$ 0
As previously reported | Series A-1 Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)					0	8,398,185	8,128,665	7,862,107	0	7,862,107	0	7,862,107	0	7,862,107
Beginning balance of temporary equity					$ 0	$ 83,982	$ 81,287	$ 78,621	$ 0	$ 78,621	$ 0	$ 78,621	$ 0	$ 78,621
Accrued dividends payable (in shares)						287,998	269,520	266,558						824,076
Accrued dividends payable						$ 2,880	$ 2,695	$ 2,666						$ 8,241
Distributions to and conversions of preferred stock (in shares)						(8,686,183)								(8,686,183)
Distributions to and conversions of preferred stock						$ (86,862)								$ (86,862)
Ending balance of temporary equity (in shares)	0					0	8,398,185	8,128,665		8,398,185		0		0
Ending balance of temporary equity	$ 0					$ 0	$ 83,982	$ 81,287		$ 83,982		$ 0		$ 0
As previously reported | Series B Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)					0	9,547,376	9,315,136	9,090,975	0	9,090,975	0	9,090,975	0	9,090,975
Beginning balance of temporary equity					$ 0	$ 95,474	$ 93,151	$ 90,910	$ 0	$ 90,910	$ 0	$ 90,910	$ 0	$ 90,910
Accrued dividends payable (in shares)						236,142	232,240	224,161						692,543
Accrued dividends payable						$ 2,361	$ 2,323	$ 2,241						$ 6,925
Distributions to and conversions of preferred stock (in shares)						(9,783,518)								(9,783,518)
Distributions to and conversions of preferred stock						$ (97,835)								$ (97,835)
Ending balance of temporary equity (in shares)	0					0	9,547,376	9,315,136		9,547,376		0		0
Ending balance of temporary equity	$ 0					$ 0	$ 95,474	$ 93,151		$ 95,474		$ 0		$ 0
As previously reported | Series C Convertible Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)					0	2,520,368	2,566,186	2,566,186	0	2,566,186	0	2,566,186	0	2,566,186
Beginning balance of temporary equity					$ 0	$ 16,502	$ 16,802	$ 16,802	$ 0	$ 16,802	$ 0	$ 16,802	$ 0	$ 16,802
Derecognition of stock (in shares)							(45,818)							(45,818)
Derecognition of shares							$ (300)							$ (300)
Distributions to and conversions of preferred stock (in shares)						(2,520,368)								(2,520,368)
Distributions to and conversions of preferred stock						$ (16,502)								$ (16,502)
Ending balance of temporary equity (in shares)	0					0	2,520,368	2,566,186		2,520,368		0		0
Ending balance of temporary equity	$ 0					$ 0	$ 16,502	$ 16,802		$ 16,502		$ 0		$ 0
Adjustments
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity							(300)	(300)		(300)		(300)		(300)
Derecognition of shares							300							300
Ending balance of temporary equity								(300)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity			(4,688)	(5,225)	(4,621)	(4,276)	(4,634)	(3,720)	(4,621)	(3,720)	(4,621)	(3,720)	(4,621)	(3,720)
Foreign currency translation adjustment			202	186	61	67	(325)	4						(247)
Private offering and merger financing, net of equity issuance costs						(331)								(331)
Net loss			(1,252)	351	(665)	135	683	(918)						(323)
Ending balance of stockholders' equity	(4,621)		(5,738)	(4,688)	(5,225)	(4,405)	(4,276)	(4,634)	(4,688)	(4,276)	(5,738)	(4,405)		(4,621)
Adjustments | Additional paid-in capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity			(331)	(331)	(331)				(331)		(331)		(331)
Private offering and merger financing, net of equity issuance costs						(331)								(331)
Ending balance of stockholders' equity	(331)		(331)	(331)	(331)	(331)			(331)		(331)	(331)		(331)
Adjustments | Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity			115	(71)	(132)	(206)	119	115	(132)	115	(132)	115	(132)	115
Foreign currency translation adjustment			202	186	61	67	(325)	4						(247)
Ending balance of stockholders' equity	(132)		317	115	(71)	(139)	(206)	119	115	(206)	317	(139)		(132)
Adjustments | Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity			(4,472)	(4,823)	(4,158)	(4,070)	(4,753)	(3,835)	(4,158)	(3,835)	(4,158)	(3,835)	$ (4,158)	(3,835)
Net loss			(1,252)	351	(665)	135	683	(918)						(323)
Ending balance of stockholders' equity	$ (4,158)		$ (5,724)	$ (4,472)	$ (4,823)	$ (3,935)	$ (4,070)	$ (4,753)	$ (4,472)	$ (4,070)	$ (5,724)	$ (3,935)		$ (4,158)
Adjustments | Series C Convertible Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)							(45,818)	(45,818)		(45,818)		(45,818)		(45,818)
Beginning balance of temporary equity							$ (300)	$ (300)		$ (300)		$ (300)		$ (300)
Derecognition of stock (in shares)							45,818							45,818
Derecognition of shares							$ 300							$ 300
Ending balance of temporary equity (in shares)								(45,818)
Ending balance of temporary equity								$ (300)

REVISION OF PREVIOUSLY REPORT_8

REVISION OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS - Consolidated Statements of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Cash flows provided by (used in) operating activities
Net loss	$ (18,490)	$ (14,277)	$ (10,790)	$ (11,572)	$ (4,373)	$ (6,202)	$ (1,999)	$ (22,362)	$ (8,201)	$ (36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Adjustments to reconcile net loss to net cash provided (used in) by operating activities
Depreciation and amortization	14,125			13,175			13,093	26,928	25,465	40,616	37,884	54,499	50,331
Amortization of deferred financing costs	625			587			524	1,188	1,047	1,806	1,569	2,427	2,097
Amortization of discount on Backstop Notes												0	424
Deferred income taxes	(1,994)			(3,296)			(1,387)	(6,421)	(3,377)	(8,583)	(7,441)	(16,189)	(9,691)
Non-cash foreign currency loss	(395)			(3)			(70)	489	77	1,566	(163)	14	344
Stock-based compensation	2,570			2,050			315	4,551	630	7,570	4,564	10,296	4,564
Provision for doubtful accounts	(129)			55			(18)	183	11	424	117	415	322
Change in fair value of warrant liability	(3)	(120)	(106)	(27)	(2,898)	41	(2,424)	(133)	(2,383)	(253)	(5,281)	(254)	(5,267)
Change in operating assets and liabilities, net of operating assets and liabilities acquired:
Accounts receivable	(3,227)			(2,635)			(1,910)	2,454	(7,158)	10,991	(12,956)	8,962	(12,102)
Inventories	1,302			4,994			(878)	6,661	(4,089)	8,192	(6,461)	6,542	(9,875)
Prepaid expenses and other current assets	926			1,591			(4,101)	(664)	(9,125)	(1,633)	(5,105)	(1,992)	(1,244)
Accounts payable and accrued liabilities	5,589			(8,511)			(13,562)	(2,518)	(6,272)	(3,334)	(2,364)	(2,116)	(8,419)
Deferred revenue	(108)			132			(81)	188	(671)	252	(911)	980	(805)
Income taxes payable	1,079			(213)			178	(442)	(299)	(1,078)	(317)	148	(661)
Cash provided by (used in) operating activities	1,912			(3,980)			(12,320)	10,691	(14,345)	20,527	(9,439)	16,356	(14,758)
Cash flows (used in) provided by investing activities
Additions to intangible assets	(3,814)			(2,790)								(13,238)	(9,247)
Additions to property and equipment	(1,025)			(635)								(3,307)	(4,172)
Cash flows (used in) provided by investing activities	(4,839)			(48,503)			(3,091)	(53,201)	(5,973)	(57,974)	(9,782)	(62,547)	(13,419)
Cash flows (used in) provided by financing activities
Proceeds from revolving credit facility												0	25,000
Repayment on revolving credit facility												0	(25,000)
Repayment of term loan	(788)			(788)								(3,153)	(3,161)
Repayment of other borrowings - notes payable	(536)			(118)								(1,035)	(173)
Proceeds from convertible debt												0	104,167
Proceeds from equity portion of convertible debt, net of issuance costs												0	15,697
Payment of deferred financing costs	0											(356)	(1,579)
Repayment of related party note												0	(1,538)
Proceeds from CTAC and PIPE financing, net of issuance costs												0	223,688
Settlements of preferred shares												0	(229,915)
Payment of capital lease obligations													(828)
Payment of stock option share employee withholding taxes												0	(2,305)
Cash (used in) provided by financing activities	(1,324)			(1,550)			18,291	(2,454)	18,375	(3,599)	81,772	(4,694)	104,053
Effect of exchange rate change on cash	202			(26)			(67)	(575)	(82)	(2,014)	(188)	(451)	(226)
Change in Cash and Restricted cash	(4,049)			(54,059)			2,813	(45,539)	(2,025)	(43,060)	62,363	(51,336)	75,650
Cash and Restricted Cash, beginning of period	35,007	40,804	32,284	86,343	8,668	13,506	10,693	86,343	10,693	86,343	10,693	86,343	10,693
Cash and Restricted Cash, end of period	30,961	43,283	40,804	32,284	73,056	8,668	13,506	40,804	8,668	43,283	73,056	35,007	86,343
Non-cash investing and financing activities:
Equity financing fees accrued												0	3,602
Common shares issued to preferred shareholders												0	56,502
Equity financing fees settled in common shares												0	1,863
Common shares issued to warrant holders												0	10,663
Common shares issued to option holders pursuant to the Cancellation Agreements												0	1,072
Sponsor shares distributed to lender under Backstop Agreement												0	683
Supplemental cash flow information:
Interest paid	11,357			7,717								29,199	19,874
Taxes paid (net of refunds)	$ 45			317								2,119	957
As previously reported
Cash flows provided by (used in) operating activities
Net loss		(13,025)	(11,141)	(10,907)	(4,508)	(6,885)	(1,081)	(22,048)	(7,966)	(35,073)	(12,474)		(24,453)
Adjustments to reconcile net loss to net cash provided (used in) by operating activities
Depreciation and amortization				13,196			13,114	26,970	25,507	40,679	37,947		50,414
Amortization of deferred financing costs				587			524	1,188	1,047	1,806	1,569		2,097
Amortization of discount on Backstop Notes													424
Deferred income taxes				(3,851)			(1,366)	(7,666)	(4,308)	(10,875)	(8,197)		(9,871)
Non-cash foreign currency loss				(3)			(70)	489	77	1,566	(163)		344
Stock-based compensation				2,050			315	4,551	630	7,570	4,564		4,564
Provision for doubtful accounts				55			(18)	183	11	424	117		322
Change in fair value of warrant liability		(120)	(106)	(27)	(2,898)	41	(2,424)	(133)	(2,383)	(253)	(5,281)		(5,267)
Change in operating assets and liabilities, net of operating assets and liabilities acquired:
Accounts receivable				(2,580)			(1,855)	2,421	(7,049)	11,155	(12,792)		(11,884)
Inventories				4,714			(878)	6,661	(4,089)	8,192	(6,461)		(9,875)
Prepaid expenses and other current assets				806			(5,375)	(769)	(9,016)	(1,934)	(5,054)		(1,700)
Accounts payable and accrued liabilities				(8,428)			(13,311)	(2,674)	(6,103)	(3,756)	(2,366)		(8,371)
Deferred revenue				132			(81)	872	(671)	252	(911)		(805)
Income taxes payable				199			186	269	(32)	144	63		(697)
Cash provided by (used in) operating activities				(3,980)			(12,320)	10,691	(14,345)	20,527	(9,439)		(14,758)
Cash flows (used in) provided by investing activities
Additions to intangible assets													(9,247)
Additions to property and equipment													(4,172)
Cash flows (used in) provided by investing activities				(48,503)			(3,091)	(53,201)	(5,973)	(57,974)	(9,782)		(13,419)
Cash flows (used in) provided by financing activities
Proceeds from revolving credit facility													25,000
Repayment on revolving credit facility													(25,000)
Repayment of term loan													(3,161)
Repayment of other borrowings - notes payable													(173)
Proceeds from convertible debt													104,167
Proceeds from equity portion of convertible debt, net of issuance costs													15,697
Payment of deferred financing costs													(1,579)
Repayment of related party note													(1,538)
Proceeds from CTAC and PIPE financing, net of issuance costs													223,688
Settlements of preferred shares													(229,915)
Payment of capital lease obligations													(828)
Payment of stock option share employee withholding taxes													(2,305)
Cash (used in) provided by financing activities				(1,550)			18,291	(2,454)	18,375	(3,599)	81,772		104,053
Effect of exchange rate change on cash				(26)			(67)	(575)	(82)	(2,014)	(188)		(226)
Change in Cash and Restricted cash				(54,059)			2,813	(45,539)	(2,025)	(43,060)	62,363		75,650
Cash and Restricted Cash, beginning of period		40,804	32,284	86,343	8,668	13,506	10,693	86,343	10,693	86,343	10,693	$ 86,343	10,693
Cash and Restricted Cash, end of period		43,283	40,804	32,284	73,056	8,668	13,506	40,804	8,668	43,283	73,056		86,343
Non-cash investing and financing activities:
Equity financing fees accrued													3,602
Common shares issued to preferred shareholders													56,502
Equity financing fees settled in common shares													1,863
Common shares issued to warrant holders													10,663
Common shares issued to option holders pursuant to the Cancellation Agreements													1,072
Sponsor shares distributed to lender under Backstop Agreement													683
Supplemental cash flow information:
Interest paid													19,874
Taxes paid (net of refunds)													957
Adjustments
Cash flows provided by (used in) operating activities
Net loss		(1,252)	351	(665)	135	683	(918)						(323)
Adjustments | Income tax adjustments
Cash flows provided by (used in) operating activities
Net loss		(808)	(350)	(371)	(299)	(165)	(238)	(721)	(403)	(1,529)	(702)		(732)
Adjustments to reconcile net loss to net cash provided (used in) by operating activities
Deferred income taxes				196			238	398	237	1,028	293		323
Change in operating assets and liabilities, net of operating assets and liabilities acquired:
Accounts payable and accrued liabilities				175				323	166	501	409		409
Adjustments | Indirect tax adjustments
Cash flows provided by (used in) operating activities
Net loss		(79)	(79)	(79)	(114)	(114)	(114)	(158)	(228)	(237)	(342)		(457)
Change in operating assets and liabilities, net of operating assets and liabilities acquired:
Accounts payable and accrued liabilities				79			114	158	228	237	342		457
Adjustments | Other Adjustments
Cash flows provided by (used in) operating activities
Net loss		$ (365)	$ 780	(215)	$ 548	$ 962	(566)	565	396	200	944		866
Adjustments to reconcile net loss to net cash provided (used in) by operating activities
Depreciation and amortization				(21)			(21)	(42)	(42)	(63)	(63)		(83)
Deferred income taxes				359			(259)	847	694	1,264	463		(143)
Change in operating assets and liabilities, net of operating assets and liabilities acquired:
Accounts receivable				(55)			(55)	33	(109)	(164)	(164)		(218)
Inventories				280
Prepaid expenses and other current assets				785			1,274	105	(109)	301	(51)		456
Accounts payable and accrued liabilities				(337)			(365)	(325)	(563)	(316)	(749)		(914)
Deferred revenue								(684)
Income taxes payable				$ (412)			$ (8)	$ (711)	$ (267)	$ (1,222)	$ (380)		$ 36

REVENUE RECOGNITION - Summary o

REVENUE RECOGNITION - Summary of Disaggregation Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total	$ 65,975	$ 66,137	$ 70,921	$ 68,978	$ 67,933	$ 60,798	$ 55,352	$ 139,899	$ 116,150	$ 206,036	$ 184,084	$ 268,447	$ 248,435
IoT Connectivity
Disaggregation of Revenue [Line Items]
Total	43,244			43,053								173,162	164,610
Hardware Sales
Disaggregation of Revenue [Line Items]
Total	16,444			19,012								69,091	54,898
Hardware Sales - bill-and-hold
Disaggregation of Revenue [Line Items]
Total	2,197			2,422								10,736	5,357
Deployment services, professional services, referral services, and other
Disaggregation of Revenue [Line Items]
Total	$ 4,090			$ 4,491								$ 15,458	$ 23,570

REVENUE RECOGNITION - Additiona

REVENUE RECOGNITION - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Deferred revenue			$ 7.8	$ 6.9
Major Customer | Customer Concentration Risk | Revenue Benchmark
Disaggregation of Revenue [Line Items]
Concentration risk percentage	13.30%	17.80%	11%	21%
Major Customer | Customer Concentration Risk | Accounts Receivable Member
Disaggregation of Revenue [Line Items]
Concentration risk percentage			16%	30%

REVERSE RECAPITALIZATION - Addi

REVERSE RECAPITALIZATION - Additional Information (Detail) $ / shares in Units, $ in Thousands		12 Months Ended
	Sep. 30, 2021 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Mar. 31, 2023 $ / shares shares
Reverse Recapitalization [Line Items]
Common stock, shares outstanding (in shares) | shares	71,810,419	76,292,241	72,027,743	76,552,595
Common stock, par value (in dollars per share) | $ / shares	$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001
Warrants outstanding (in shares) | shares	8,911,744
Share exchange ratio	139.15
Increase in cash, net of transactions costs paid	$ 63,200
Gross proceeds from PIPE	225,000
Payments to preferred shareholders	229,900
Repaid the senior secured revolving credit facility		$ 0	$ 25,000
Repayment of outstanding related party loans		$ 0	1,538
Transactions costs related to business combination	24,200
Additional paid-in capital
Reverse Recapitalization [Line Items]
Transactions costs related to business combination			24,100
Selling, General and Administrative Expenses
Reverse Recapitalization [Line Items]
Transactions costs related to business combination			$ 100
Interfusion B.V. and T-Fone B.V.
Reverse Recapitalization [Line Items]
Repayment of outstanding related party loans	1,600
UBS
Reverse Recapitalization [Line Items]
Repaid the senior secured revolving credit facility	25,000
Backstop Notes
Reverse Recapitalization [Line Items]
Proceeds from backstop notes	95,100
CTAC
Reverse Recapitalization [Line Items]
Proceeds from business combination, after redemptions	$ 20,000
Public stockholders
Reverse Recapitalization [Line Items]
Private offering and merger financing, net of equity issuance costs (in shares) | shares	10,356,593
CTAC Shareholders
Reverse Recapitalization [Line Items]
Shares redeemed (in shares) | shares	22,240,970
Price per share of shares redeemed (in dollars per share) | $ / shares	$ 10
PIPE Investors
Reverse Recapitalization [Line Items]
Shares issued (in shares) | shares	22,500,000
Price per share of shares issued (in dollars per share) | $ / shares	$ 10

REVERSE RECAPITALIZATION - Sche

REVERSE RECAPITALIZATION - Schedule of Shares Issued Following Business Combination (Detail)	Sep. 30, 2021 shares
Reverse Recapitalization [Line Items]
Percentage of shares issued following consummation of business combination	1
Pre-combination KORE shareholders
Reverse Recapitalization [Line Items]
Percentage of shares issued following consummation of business combination	0.540
Public stockholders
Reverse Recapitalization [Line Items]
Shares issued following consummation of business combination (in shares)	10,356,593
Percentage of shares issued following consummation of business combination	0.144
Private offering and merger financing
Reverse Recapitalization [Line Items]
Percentage of shares issued following consummation of business combination	0.316
Class A Common Stock
Reverse Recapitalization [Line Items]
Shares issued following consummation of business combination (in shares)	71,810,419
Class A Common Stock | Pre-combination KORE shareholders
Reverse Recapitalization [Line Items]
Shares issued following consummation of business combination (in shares)	38,767,500
Class A Common Stock | Public stockholders
Reverse Recapitalization [Line Items]
Shares issued following consummation of business combination (in shares)	10,356,593
Class A Common Stock | Private offering and merger financing
Reverse Recapitalization [Line Items]
Shares issued following consummation of business combination (in shares)	22,686,326

ACQUISITION - Additional Inform

ACQUISITION - Additional Information (Detail) - Acquired Companies - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Feb. 16, 2022
Business Acquisition [Line Items]
Percentage of acquired ownership					100%
Transaction costs					$ 1,700
Goodwill deductible for tax purposes					$ 7,000
Cash purchase price held in escrow	$ 3,450		$ 3,450
Payments to seller from escrow account		$ 600	600
Revenue of acquiree since acquisition date			45,700
Net income of acquiree since acquisition date			11,100
Selling, General and Administrative Expenses
Business Acquisition [Line Items]
Business combination transaction costs incurred	$ 1,400		$ 1,400	$ 300

ACQUISITION - Schedule of Alloc

ACQUISITION - Schedule of Allocation Of The Consideration Paid For The Acquired Companies (Detail) - USD ($) $ in Thousands		3 Months Ended		12 Months Ended
	Feb. 16, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Business Acquisition [Line Items]
Cash, (net of closing cash of $1,995) and working capital adjustments		$ 0	$ 45,078	$ 46,002	$ 0
Liabilities assumed:
Goodwill (excess of consideration transferred over net identifiable assets acquired)		$ 369,870	$ 428,153	$ 369,706	$ 383,415	$ 427,057	$ 427,579	$ 383,643	$ 383,880	$ 383,736	$ 384,202
Acquired Companies
Business Acquisition [Line Items]
Cash, (net of closing cash of $1,995) and working capital adjustments	$ 46,002
Fair value of KORE Common Stock issued to sellers (4,212,246 shares)	23,295
Total consideration	69,297
Closing cash	$ 1,995
Shares issued in acquisition agreement (in shares)	4,212,246
Assets acquired:
Accounts receivable	$ 3,303
Inventories	1,323
Prepaid expenses and other receivables	976
Property and equipment	201
Intangible assets	28,664
Total Assets acquired	34,467
Liabilities assumed:
Deferred tax liabilities	7,391
Accounts payable and accrued liabilities	2,638
Liabilities assumed	10,029
Net identifiable assets acquired	24,438
Goodwill (excess of consideration transferred over net identifiable assets acquired)	$ 44,859

ACQUISITION - Schedule of Unaud

ACQUISITION - Schedule of Unaudited Pro Forma Information (Detail) - Acquired Companies - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Net Revenue	$ 74,700	$ 274,179	$ 278,601
Net Loss	$ 9,900	$ 104,483	$ 22,415

CONSOLIDATED FINANCIAL STATEM_3

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Schedule of Accounts Receivable (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable	$ 45,097	$ 53,415	$ 48,483
Allowance for doubtful accounts	(559)	(532)	(428)
Allowance for credit provisions	(970)	(1,268)
Accounts receivable, net	44,538	$ 51,615	$ 48,055	$ 41,712	$ 51,044	$ 57,439	$ 52,895	$ 47,841	$ 42,358
Cumulative Effect, Period of Adoption, Adjusted Balance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable	$ 46,067

CONSOLIDATED FINANCIAL STATEM_4

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Balance Sheet Related Disclosures [Abstract]
Bad debt expense incurred	$ 0.4	$ 0.3
Depreciation expense	$ 3.7	$ 3.7

CONSOLIDATED FINANCIAL STATEM_5

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Schedule of Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Balance Sheet Related Disclosures [Abstract]
Prepaid expenses		$ 8,362				$ 6,333
Other current assets		5,122				1,030
Total Prepaid expenses and other current assets	$ 12,625	$ 13,484	$ 12,930	$ 8,703	$ 7,274	$ 7,363	$ 14,960	$ 14,726	$ 9,908

CONSOLIDATED FINANCIAL STATEM_6

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Schedule of Property and Equipment (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Property, Plant and Equipment [Line Items]
Total property and equipment		$ 40,513				$ 37,894
Less: accumulated depreciation		(28,614)				(25,654)
Property and equipment (net)	$ 12,137	11,899	$ 12,141	$ 11,890	$ 12,167	12,240	$ 12,630	$ 12,606	$ 13,338
Computer hardware
Property, Plant and Equipment [Line Items]
Total property and equipment		17,684				15,747
Computer software
Property, Plant and Equipment [Line Items]
Total property and equipment		9,547				9,023
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Total property and equipment		2,550				2,242
Networking equipment
Property, Plant and Equipment [Line Items]
Total property and equipment		7,715				8,089
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total property and equipment		$ 3,017				$ 2,793

CONSOLIDATED FINANCIAL STATEM_7

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Schedule of Accrued Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Balance Sheet Related Disclosures [Abstract]
Accrued payroll and related		$ 4,804				$ 13,103
Accrued cost of revenue		4,091				1,886
Accrued other expenses		3,970				5,552
Sales and other taxes payable		2,813				1,621
Finance Lease Obligation		115
Finance Lease Obligation						191	$ 528	$ 641	$ 504
Total accrued liabilities	$ 15,850	$ 15,793	$ 14,590	$ 15,660	$ 11,676	$ 22,353

RIGHT-OF USE ASSETS AND LEASE_3

RIGHT-OF USE ASSETS AND LEASE LIABILITIES - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Operating lease, extension term	10 years
Finance lease, extension term	10 years
Rent expense, ASC 842	$ 3.5
Rent expense, ASC 840		$ 2.7
Minimum
Lessee, Lease, Description [Line Items]
Operating lease, remaining lease term	1 year
Finance lease, remaining lease term	1 year
Minimum | Leasehold improvements
Lessee, Lease, Description [Line Items]
Useful life of property plant and equipment	1 year
Maximum
Lessee, Lease, Description [Line Items]
Operating lease, remaining lease term	10 years
Finance lease, remaining lease term	10 years
Maximum | Leasehold improvements
Lessee, Lease, Description [Line Items]
Useful life of property plant and equipment	10 years

RIGHT-OF USE ASSETS AND LEASE_4

RIGHT-OF USE ASSETS AND LEASE LIABILITIES - Summary of Lease, Cost (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Lessee Disclosure [Abstract]
Operating lease cost	$ 3,531
Finance lease cost
Amortization of leased assets	350
Interest on lease liabilities	17
Total finance lease cost	$ 367

RIGHT-OF USE ASSETS AND LEASE_5

RIGHT-OF USE ASSETS AND LEASE LIABILITIES - Summary of Supplemental Disclosure for the Balance Sheet Related to Finance Leases (Detail) $ in Thousands	Dec. 31, 2022 USD ($)
Assets
Finance lease right-of-use assets included in property and equipment, net	$ 250
Liabilities
Current portion of finance lease liabilities included in Accrued liabilities	$ 115
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued liabilities
Non-current portion of finance lease liabilities included in other long-term liabilities	$ 135
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other long-term liabilities
Total finance lease liabilities	$ 250

RIGHT-OF USE ASSETS AND LEASE_6

RIGHT-OF USE ASSETS AND LEASE LIABILITIES - Summary of Other Information about Operating and Finance Lease (Detail)	Dec. 31, 2022
Weighted average remaining lease term (in years)
Operating leases	7 years 8 months 15 days
Finance leases	2 years 18 days
Weighted average discount rate:
Operating leases	7.60%
Finance leases	5.50%

RIGHT-OF USE ASSETS AND LEASE_7

RIGHT-OF USE ASSETS AND LEASE LIABILITIES - Summary of Operating and Finance Liability Maturity (Detail) $ in Thousands	Dec. 31, 2022 USD ($)
Operating Leases
2023	$ 2,532
2024	1,877
2025	1,662
2026	1,370
2027	1,385
Thereafter	6,220
Total minimum lease payments	15,046
Interest expense	(3,960)
Total	11,086
Finance Leases
2023	128
2024	113
2025	24
2026	0
2027	0
Thereafter	0
Total minimum lease payments	265
Interest expense	(15)
Total	$ 250

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS - Summary of Goodwill Balance Consist (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Goodwill at beginning of period	$ 427,057,000	$ 383,415,000	$ 384,202,000
Acquisition		44,859,000
Impairment	(58,100,000)	(58,074,000)	0
Currency translation		(494,000)	(787,000)
Goodwill at end of period	$ 369,706,000	$ 369,706,000	$ 383,415,000

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS - Summary Of Other Intangible Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Carrying Gross Amount	$ 532,782	$ 492,970
Accumulated Amortization	(340,278)	(290,420)
Net Carrying Value	192,504	202,550
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Carrying Gross Amount	327,317	305,648
Accumulated Amortization	(197,483)	(168,519)
Net Carrying Value	129,834	137,129
Technology
Finite-Lived Intangible Assets [Line Items]
Carrying Gross Amount	46,978	45,983
Accumulated Amortization	(42,348)	(37,529)
Net Carrying Value	4,630	8,454
Carrier contracts
Finite-Lived Intangible Assets [Line Items]
Carrying Gross Amount	70,210	65,700
Accumulated Amortization	(47,483)	(40,488)
Net Carrying Value	22,727	25,212
Trademarks
Finite-Lived Intangible Assets [Line Items]
Carrying Gross Amount	16,214	15,733
Accumulated Amortization	(11,060)	(9,221)
Net Carrying Value	5,154	6,512
Internally developed computer software
Finite-Lived Intangible Assets [Line Items]
Carrying Gross Amount	72,063	59,906
Accumulated Amortization	(41,904)	(34,663)
Net Carrying Value	$ 30,159	$ 25,243

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill impairment	$ 58,100,000	$ 58,074,000	$ 0
Amortization expense		$ 50,800,000	$ 46,700,000

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS - Summary Of Weighted Average Remaining Useful Lives Per Intangible Asset Category (Detail)	12 Months Ended
	Dec. 31, 2022
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Weighted average remaining useful lives per intangible asset category	5 years
Technology
Finite-Lived Intangible Assets [Line Items]
Weighted average remaining useful lives per intangible asset category	2 years 7 months 6 days
Carrier contracts
Finite-Lived Intangible Assets [Line Items]
Weighted average remaining useful lives per intangible asset category	3 years 7 months 6 days
Trademarks
Finite-Lived Intangible Assets [Line Items]
Weighted average remaining useful lives per intangible asset category	4 years 3 months 18 days
Internally developed computer software
Finite-Lived Intangible Assets [Line Items]
Weighted average remaining useful lives per intangible asset category	4 years 2 months 12 days

GOODWILL AND INTANGIBLE ASSET_6

GOODWILL AND INTANGIBLE ASSETS - Summary Of The Estimated Amortization Expense (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 49,657
2024	45,932
2025	43,206
2026	28,607
2027	9,645
Thereafter	15,457
Net Carrying Value	$ 192,504	$ 202,550

LONG-TERM DEBT AND OTHER BORR_3

LONG-TERM DEBT AND OTHER BORROWINGS, NET - Summary of Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Debt Instrument [Line Items]
Total		$ 425,408				$ 425,980
Less—current portion	$ (5,370)	(5,345)	$ (5,319)	$ (3,165)	$ (3,206)	(3,326)	$ (3,153)	$ (3,153)	$ (3,153)
Less—equity component, net of accumulated amortization		0				(15,517)
Less—debt issuance cost, net of accumulated amortization of $8.5 million and $6.1 million, respectively		(6,153)				(8,022)
Long-term debt and other borrowings, net	$ 413,090	413,910	$ 414,683	$ 413,788	$ 414,026	399,115	$ 378,356	$ 297,773	$ 298,010
Accumulated amortization of debt issuance cost		8,500				6,100
Term Loan – UBS
Debt Instrument [Line Items]
Total		302,654				305,807
Notes under the Backstop Agreement
Debt Instrument [Line Items]
Total		120,000				120,000
Other Borrowings
Debt Instrument [Line Items]
Total		$ 2,754				$ 173

LONG-TERM DEBT AND OTHER BORR_4

LONG-TERM DEBT AND OTHER BORROWINGS, NET - Summary of Future Principal Repayments on long-term Debt (Detail) $ in Thousands	Dec. 31, 2022 USD ($)
Debt Disclosure [Abstract]
2023	$ 5,345
2024	300,063
2025	0
2026	0
2027	0
Thereafter	120,000
Total	$ 425,408

LONG-TERM DEBT AND OTHER BORR_5

LONG-TERM DEBT AND OTHER BORROWINGS, NET - Additional Information (Detail)

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

Dec. 22, 2022

Aug. 03, 2022 USD ($) payment

Sep. 21, 2021 shares

Nov. 12, 2019 USD ($)

Dec. 21, 2018 USD ($)

Oct. 08, 2018 EUR (€)

Mar. 31, 2023 USD ($)

Mar. 31, 2022 USD ($) shares

Mar. 31, 2021 USD ($)

Jun. 30, 2022 USD ($)

Jun. 30, 2021 USD ($)

Sep. 30, 2022 USD ($)

Sep. 30, 2021 USD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

Dec. 31, 2022 EUR (€)

Dec. 23, 2022 USD ($)

Oct. 28, 2022 USD ($) $ / shares shares

Jan. 01, 2022

Dec. 31, 2021 EUR (€)

Dec. 31, 2020 USD ($)

Short-term Debt [Line Items]

Amortization of debt issuance costs

$ 625,000

$ 587,000

$ 524,000

$ 1,188,000

$ 1,047,000

$ 1,806,000

$ 1,569,000

$ 2,427,000

$ 2,097,000

Restricted net assets of consolidated subsidiaries

192,500,000

256,700,000

Outstanding balance of debt

425,408,000

425,980,000

Net carrying amount

425,408,000

Unamortized debt issuance costs

$ 6,153,000

8,022,000

Sponsor | LLC Merger Sub

Short-term Debt [Line Items]

Shares contributed (in shares) | shares

100,000

Bank Overdraft Facility | Bank Overdrafts

Short-term Debt [Line Items]

Outstanding balance of debt | €

€ 0

€ 0

Commitment fee percentage

0%

Base fee percentage

0.0940

0.0940

Base fee overage charge percentage

0.06

Bank Overdraft Facility | Bank Overdrafts | Belgium Subsidiary

Short-term Debt [Line Items]

Face amount of debt | €

€ 250,000,000

Bank Overdraft Facility | Base Rate | Bank Overdrafts

Short-term Debt [Line Items]

Basis spread on interest rate

2%

Line of Credit | Credit Facilities

Short-term Debt [Line Items]

Percentage of existing and future equity interests secured

0.65

Line of Credit | Secured Debt | Senior Secured UBS Term Loan

Short-term Debt [Line Items]

Face amount of debt

$ 35,000,000

$ 280,000,000

Quarterly principal payment

800,000

Debt issuance costs

$ 200,000

Contractual interest expense

$ 22,500,000

Amortization of debt issuance costs

2,400,000

Outstanding balance of debt

$ 302,700,000

305,800,000

Line of Credit | Secured Debt | Senior Secured UBS Term Loan | London Interbank Offered Rate (LIBOR)

Short-term Debt [Line Items]

Basis spread on interest rate

5.50%

Line of Credit | Revolving Credit Facility | Senior Secured Revolving Credit Facility

Short-term Debt [Line Items]

Face amount of debt

$ 30,000,000

Outstanding balance of debt

$ 0

$ 0

Maximum leverage ratio

5

Capitalized debt issuance costs

$ 200,000

Line of Credit | Revolving Credit Facility | Senior Secured Revolving Credit Facility | Maximum

Short-term Debt [Line Items]

Commitment fee percentage

0.38%

Line of Credit | Revolving Credit Facility | Senior Secured Revolving Credit Facility | London Interbank Offered Rate (LIBOR)

Short-term Debt [Line Items]

Basis spread on interest rate

5.50%

Basis spread floor rate

0

Line of Credit | Revolving Credit Facility | Senior Secured Revolving Credit Facility | Secured Overnight Financing Rate (SOFR)

Short-term Debt [Line Items]

Basis spread adjustment on interest rate

0.0010

Line of Credit | Revolving Credit Facility | Senior Secured Revolving Credit Facility | Base Rate

Short-term Debt [Line Items]

Basis spread on interest rate

4.50%

Line of Credit | Revolving Credit Facility | Senior Secured Revolving Credit Facility, Subject To Covenant | London Interbank Offered Rate (LIBOR)

Short-term Debt [Line Items]

Basis spread on interest rate

5.25%

Line of Credit | Revolving Credit Facility | Senior Secured Revolving Credit Facility, Subject To Covenant | Base Rate

Short-term Debt [Line Items]

Basis spread on interest rate

4.25%

Senior Notes | Backstop Notes

Short-term Debt [Line Items]

Face amount of debt

$ 95,100,000

Effective interest rate

5.90%

Senior Notes | Additional Backstop Notes

Short-term Debt [Line Items]

Face amount of debt

$ 24,900,000

Effective interest rate

6.10%

Senior Notes | Notes

Short-term Debt [Line Items]

Maturity period

7 years

Interest rate

5.50%

Exchangeable rate per share (in dollars per share) | $ / shares

$ 12.50

Exchangeable rate shares (in shares) | shares

9,600,000

9,600,000

Net carrying amount

117,500,000

$ 102,000,000

Unamortized debt issuance costs

2,500,000

2,500,000

Unamortized equity component costs

15,500,000

Senior Notes | Notes | Fair Value, Inputs, Level 3

Short-term Debt [Line Items]

Estimated fair value

92,900,000

$ 118,600,000

Notes Payable, Other Payables | Premium Finance Agreement

Short-term Debt [Line Items]

Face amount of debt

$ 3,600,000

Outstanding balance of debt

$ 2,200,000

$ 2,800,000

Interest rate

4.60%

Term of debt

20 months

Number of fixed monthly principal and interest payments | payment

20

Fixed monthly principal and interest payments

$ 190,000

INCOME TAXES - Summary of Incom

INCOME TAXES - Summary of Income (Loss) Before Provision (Benefit) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
United States	$ (92,021)	$ (12,184)
Foreign	(24,596)	(21,368)
Total loss before income taxes	$ (116,617)	$ (33,552)

INCOME TAXES - Summary of Compo

INCOME TAXES - Summary of Components of the Provision for Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Current:
Federal												$ 4,309	$ 782
State												905	442
Foreign												558	(309)
Total current provision												5,772	915
Deferred:
Federal												(9,336)	(6,478)
State												(4,455)	(748)
Foreign												(2,398)	(2,465)
Total deferred benefit	$ (1,994)			$ (3,296)			$ (1,387)	$ (6,421)	$ (3,377)	$ (8,583)	$ (7,441)	(16,189)	(9,691)
Total income tax benefit	$ (369)	$ (1,805)	$ (2,268)	$ (2,212)	$ (3,873)	$ (1,795)	$ (1,256)	$ (4,480)	$ (3,051)	$ (6,285)	$ (6,925)	$ (10,417)	$ (8,776)

INCOME TAXES - Summary of Recon

INCOME TAXES - Summary of Reconciliation Between Income Taxes Computed at the U.S. Statutory Income Tax Rate (Detail) - USD ($)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Benefit for income taxes at 21% rate												$ (24,490,000)	$ (7,045,000)
State taxes, net of federal benefit												(1,358,000)	(1,147,000)
Change in valuation allowance												10,628,000	(642,000)
Rate change												(1,687,000)	774,000
Credits												(604,000)	(602,000)
Permanent differences and other												(2,712,000)	2,852,000
Revaluation of warrants												(53,000)	(1,106,000)
Uncertain tax positions												591,000	544,000
Foreign withholding tax												134,000	116,000
Foreign rate differential												(2,120,000)	(2,587,000)
Executive compensation expense												872,000	1,517,000
Transaction related expense												210,000	(1,450,000)
Global intangible low taxed income												283,000	0
Foreign derived intangible income												(311,000)	0
Goodwill impairment												10,200,000	0
Total income tax benefit	$ (369,000)	$ (1,805,000)	$ (2,268,000)	$ (2,212,000)	$ (3,873,000)	$ (1,795,000)	$ (1,256,000)	$ (4,480,000)	$ (3,051,000)	$ (6,285,000)	$ (6,925,000)	$ (10,417,000)	$ (8,776,000)
Benefit for income taxes, percentage												21%	21%
State taxes, net of federal benefit, percentage												1.20%	3.40%
Change in valuation allowance, percentage												(9.10%)	1.90%
Rate change, percentage												1.40%	(2.30%)
Credits, percentage												0.50%	1.80%
Permanent differences and other, percentage												2.20%	(8.50%)
Revaluation of warrants, percentage												0%	3.30%
Uncertain tax positions, percentage												(0.50%)	(1.60%)
Foreign withholding tax, percentage												(0.10%)	(0.30%)
Foreign rate differential, percentage												1.80%	7.70%
Executive compensation expense, percentage												(0.70%)	(4.50%)
Transaction related expense, percentage												(0.20%)	4.30%
Global intangible low taxed income, percentage												(0.20%)	0%
Foreign derived intangible income, percentage												0.30%	0%
Goodwill impairment, percentage												(8.70%)	0%
Benefit for income taxes, percentage	2%			16%								8.90%	26.20%

INCOME TAXES - Summary of Defer

INCOME TAXES - Summary of Deferred Income Taxes (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Net operating loss carry-forward	$ 13,617	$ 7,504
Credit carry-forward	1,386	1,956
Interest expense limitation carry-forward	15,844	12,053
Non-deductible reserves	339	374
Accruals and other temporary differences	2,835	1,288
Stock compensation	1,164	0
Lease liability	2,780
Property and equipment	1,007	1,018
Gross deferred tax assets	38,972	24,193
Less Valuation allowance	(16,177)	(5,750)
Total deferred tax assets (after valuation allowance)	22,795	18,443
Deferred tax liabilities:
Property and equipment	(1,738)	(4,151)
Intangible assets	(33,117)	(40,771)
Goodwill	(5,914)	(7,474)
Debt Discount	0	(3,972)
Accounting method change	(1,378)	0
Right of use asset	(2,514)
Research and development costs	(3,327)	0
Total deferred tax liabilities	(47,988)	(56,368)
Net deferred tax liabilities	$ (25,193)	$ (37,925)

INCOME TAXES - Additional Inf_2

INCOME TAXES - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Operating Loss Carryforwards [Line Items]
Increase in valuation allowance	$ 10,400,000
Disallowance of interest expenses carryforward, amount	68,800,000
Income tax charge related to GILTI	283,000	$ 0
Undistributed earnings of foreign subsidiaries	19,500,000
Unrecognized tax benefits, income tax penalties	9,000	100,000
Income tax penalties and interest accrued	1,000,000	$ 1,000,000
State and Local Jurisdiction
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	39,000,000
State and Local Jurisdiction | Research and development tax credit carryforward
Operating Loss Carryforwards [Line Items]
Tax credit carryforward, amount	100,000
State and Local Jurisdiction | Indefinite Period
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	13,000,000
Foreign Tax Authority
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	38,000,000
Foreign Tax Authority | Research and development tax credit carryforward
Operating Loss Carryforwards [Line Items]
Tax credit carryforward, amount	1,300,000
Federal Tax Authority
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	0
Federal Tax Authority | Research and development tax credit carryforward
Operating Loss Carryforwards [Line Items]
Tax credit carryforward, amount	$ 0

INCOME TAXES - Summary of Gross

INCOME TAXES - Summary of Gross Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Unrecognized tax benefits at the beginning of the year	$ 8,132	$ 7,690
Additions for tax positions of current year	442	442
Unrecognized tax benefits at the end of the year	$ 8,574	$ 8,132

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Standby Letters of Credit
Long-Term Purchase Commitment [Line Items]
Off balance sheet credit exposure	$ 0	$ 400,000

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Summary of the Purchase Commitments (Detail) $ in Thousands	Dec. 31, 2022 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2023	$ 29,012
2024	5,808
2025	7,590
2026	4,505
2027	4,773
Thereafter	5,000
Total	$ 56,688

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES - Schedule of Future Minimum Lease Payments Under Operating Leases (Detail) $ in Thousands	Dec. 31, 2021 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2022	$ 2,924
2023	1,904
2024	1,495
2025	1,170
2026	958
Thereafter	3,412
Total	$ 11,863

COMMITMENTS AND CONTINGENCIES_4

COMMITMENTS AND CONTINGENCIES - Schedule of Future Minimum Lease Payments Under Capital Leases (Detail) $ in Thousands	Dec. 31, 2021 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2022	$ 207
2023	143
2024	119
2025	26
2026	0
Total minimum lease payments	495
Interest expense	(40)
Total	$ 455

STOCK-BASED COMPENSATION - Su_3

STOCK-BASED COMPENSATION - Summary Of Share-based Payment Arrangement, Restricted Stock Unit, Activity (Detail) - Restricted Stock Units (RSUs) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Number of awards outstanding (in thousands)
Unvested RSUs at beginning of period (in shares)	5,515	0
RSUs granted (in shares)	4,230	5,789
RSUs vested (in shares)	(395)	(52)
RSUs forfeited and canceled (in shares)	(123)	(222)
Unvested RSUs at end of period (in shares)	9,227	5,515
Weighted-average grant date fair value (per share)
Unvested RSUs at beginning of period (in dollars per share)	$ 5.54	$ 6.69	$ 0
RSUs granted (in dollars per share)	1.72	6.24
RSUs vested (in dollars per share)	6.78	6.88
RSUs forfeited and canceled (in dollars per share)	$ 6.97	$ 6.97
Aggregate intrinsic value (in thousands)
Unvested RSUs at beginning of period	$ 34,191	$ 0
RSUs granted	7,297	36,101
RSUs vested	(2,680)	(362)
RSUs forfeited and canceled	(859)	(1,548)
Unvested RSUs at end of period	$ 37,949	$ 34,191

STOCK-BASED COMPENSATION - Ad_2

STOCK-BASED COMPENSATION - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended	12 Months Ended
	Dec. 31, 2021	Mar. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash consideration net of applicable withholding taxes	$ 4.1
Shares issued as share consideration (in shares)	200,426
Value of shares issued as share consideration	$ 4.3
Shares issued as share consideration net of shares for applicable withholding taxes (in shares)	4,325
Time-Based Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs granted (in shares)		2,100,000	4,000,000
Performance-Based Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs granted (in shares)		2,100,000	1,700,000
Unvested RSUs (in shares)			1,600,000
Performance-Based Restricted Stock Units (RSUs) | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting range			0%
Performance-Based Restricted Stock Units (RSUs) | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting range			150%
Market-Based Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs granted (in shares)			200,000
Trading days trigger for RSUs to vest			20 days
Consecutive trading days trigger for RSUs to vest			30 days
Market-Based Restricted Stock Units (RSUs) | Share-Based Payment Arrangement, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing stock price trigger for RSUs to vest (in dollars per share)			$ 13
Market-Based Restricted Stock Units (RSUs) | Share-Based Payment Arrangement, Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing stock price trigger for RSUs to vest (in dollars per share)			15
Market-Based Restricted Stock Units (RSUs) | Share-Based Payment Arrangement, Tranche Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing stock price trigger for RSUs to vest (in dollars per share)			$ 18

STOCK-BASED COMPENSATION - Su_4

STOCK-BASED COMPENSATION - Summary of Significant Inputs Used in Valuation of RSU (Detail) - Restricted Stock Units (RSUs)	12 Months Ended
	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility, minimum	57.10%
Expected volatility, maximum	75.20%
Risk-free interest rates, minimum	1.40%
Risk-free interest rate, maximum	2.10%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	5 years
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	80 years

STOCK-BASED COMPENSATION - Su_5

STOCK-BASED COMPENSATION - Summary of Share-based Compensation Expense (Detail) - Restricted Stock Units (RSUs) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total Stock Compensation Expense	$ 2,570	$ 2,050	$ 10,296	$ 4,564
Unrecognized Compensation Cost	$ 26,300		$ 24,272	$ 0
Remaining recognition period (in years)	2 years 2 months 12 days		2 years 7 months 6 days

STOCK-BASED COMPENSATION - Su_6

STOCK-BASED COMPENSATION - Summary Of Share-based Payment Arrangement, Option, Activity (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Number of Options
Balance at beginning of period (in shares)	432,500
Granted (in shares)	0
Exercised (in shares)	0
Forfeited and Cancelled (in shares)	(432,500)
Expired (in shares)	0
Balance at end of period (in shares)	0	432,500
Weighted Average Grant Date Fair Value per Option (Amount)
Balance at beginning of period (in dollars per share)	$ 15.45
Granted (in dollars per share)	0
Exercised (in dollars per share)	0
Expired (in dollars per share)	0
Cancelled (in dollars per share)	15.45
Balance at end of period (in dollars per share)	0	$ 15.45
Weighted Average Exercise Price (Amount)
Balance at beginning of period (in dollars per share)	141.53
Granted (in dollars per share)	0
Exercised (in dollars per share)	0
Expired (in dollars per share)	0
Cancelled (in dollars per share)	141.53
Balance at end of period (in dollars per share)	$ 0	$ 141.53
Weighted Average Remaining Contractual Term (Years)
Term of options outstanding		7 years 8 months 12 days
Term of options cancelled		7 years 8 months 12 days

WARRANTS ON COMMON STOCK (Det_2

WARRANTS ON COMMON STOCK (Detail) - USD ($)

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

Mar. 31, 2023

Sep. 30, 2022

Jun. 30, 2022

Mar. 31, 2022

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Jun. 30, 2022

Jun. 30, 2021

Sep. 30, 2022

Sep. 30, 2021

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Class of Warrant or Right [Line Items]

Warrants outstanding (in shares)

8,911,744

8,911,744

Change in fair value of warrant liability

$ (3,000)

$ (120,000)

$ (106,000)

$ (27,000)

$ (2,898,000)

$ 41,000

$ (2,424,000)

$ (133,000)

$ (2,383,000)

$ (253,000)

$ (5,281,000)

$ (254,000)

$ (5,267,000)

Warrant

Class of Warrant or Right [Line Items]

Share price (in dollars per share)

$ 0.13

$ 0.12

$ 1.05

Public Warrants

Class of Warrant or Right [Line Items]

Warrants exercisable, period after completion of business combination

30 days

Warrants exercisable, period after closing of public offering

12 months

Warrants expiration period

5 years

Public Warrants | CTAC

Class of Warrant or Right [Line Items]

Number of shares each warrant holder is entitled to purchase (in shares)

1

Exercise price per warrant (in dollars per share)

$ 11.50

Warrants outstanding (in shares)

8,638,966

Private Placement Warrants

Class of Warrant or Right [Line Items]

Warrants outstanding (in shares)

272,779

Warrants transferable, period after completion of business combination

30 days

Aggregate value of warrants

$ 35,500

$ 32,700

$ 300,000

Private Placement Warrants | Minimum

Class of Warrant or Right [Line Items]

Warrant price per share triggering redemption (in dollars per share)

$ 10

Private Placement Warrants | CTAC

Class of Warrant or Right [Line Items]

Number of shares each warrant holder is entitled to purchase (in shares)

1

Exercise price per warrant (in dollars per share)

$ 11.50

Warrants outstanding (in shares)

272,779

KORE Warrants

Class of Warrant or Right [Line Items]

Exercise price per warrant (in dollars per share)

$ 0.01

$ 0.01

Warrants outstanding (in shares)

0

0

NET LOSS PER SHARE - Summary _3

NET LOSS PER SHARE - Summary Of Earnings Per Shares, Basic and Diluted (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Numerator:
Net loss attributable to the Company	$ (18,490)	$ (14,277)	$ (10,790)	$ (11,572)	$ (4,373)	$ (6,202)	$ (1,999)	$ (22,362)	$ (8,201)	$ (36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Less cumulative earnings to preferred shareholder												0	(22,822)
Add premium on preferred conversion to common shares												0	4,074
Net income (loss) attributable to common stockholders, basic												(106,200)	(43,524)
Net income (loss) attributable to common stockholders, diluted												$ (106,200)	$ (43,524)
Weighted average common shares and warrants outstanding
Basic (in number)	76,524,735	76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313	75,710,904	41,933,050
Diluted (in number)	76,524,735	76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313	75,710,904	41,933,050
Net loss per unit attributable to common stockholder
Basic (in dollars per share)	$ (0.24)	$ (0.19)	$ (0.14)	$ (0.16)	$ (0.26)	$ (0.43)	$ (0.30)	$ (0.30)	$ (0.73)	$ (0.48)	$ (0.98)	$ (1.40)	$ (1.04)
Diluted (in dollars per share)	$ (0.24)	$ (0.19)	$ (0.14)	$ (0.16)	$ (0.26)	$ (0.43)	$ (0.30)	$ (0.30)	$ (0.73)	$ (0.48)	$ (0.98)	$ (1.40)	$ (1.04)

NET LOSS PER SHARE - Summary _4

NET LOSS PER SHARE - Summary Of Diluted Shares Outstanding (Detail) - shares	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Restricted stock grants with only service conditions
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	4,529,117	3,108,277	3,552,416	0
Common stock issued under the Backstop Agreement
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	9,600,031	9,600,031	9,600,031	9,600,031
Private Placement Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)			272,779	272,779
Series C Convertible Preferred Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)			0	2,566,186
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)			0	432,500

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Detail) $ in Millions	11 Months Ended	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
KORE TM Data Brasil Processamento de Dados Ltda. | Lease And Professional Services Agreement
Related Party Transaction [Line Items]
Aggregated related party transactions		$ 0.3	$ 0.2
BMP, Inc. | Purchase And Deliver Telecommunication Equipment
Related Party Transaction [Line Items]
Percentage of gross amount of each cost incurred		0.07
BMP Brasil | Hardware And Services
Related Party Transaction [Line Items]
Aggregated related party transactions	$ 2.3

Quarterly Unaudited Financial_3

Quarterly Unaudited Financial Statements - Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Current assets
Cash	$ 30,600	$ 34,645	$ 42,925	$ 40,441	$ 31,914	$ 85,976	$ 72,689	$ 8,300	$ 13,134
Accounts receivable, net	48,055	44,538	41,712	51,044	57,439	51,615	52,895	47,841	42,358
Inventories, net	8,774	10,051	8,272	9,897	11,789	15,470	12,147	9,864	6,627
Income taxes receivable	424	502	1,532	901	1,225	934	704	724	327
Prepaid expenses and other current assets	12,625	13,484	12,930	8,703	7,274	7,363	14,960	14,726	9,908
Total current assets	100,478	103,220	107,371	110,986	109,641	161,358	153,395	81,455	72,354
Non-current assets
Restricted cash	361	362	358	363	370	367	367	371	372
Property and equipment, net	12,137	11,899	12,141	11,890	12,167	12,240	12,630	12,606	13,338
Intangibles assets, net	183,252	192,504	200,398	210,946	221,856	202,550	211,688	221,024	228,939
Goodwill	369,870	369,706	427,057	427,579	428,153	383,415	383,643	383,880	383,736	$ 384,202
Operating lease right-of-use assets	9,501	10,019	10,430	8,110	8,565
Operating lease right-of-use assets							114	119	122
Deferred tax assets	54	55	565			0
Other long-term assets	876	971	653	381	401	407	458	3,531	2,595
Total assets	676,529	688,736	758,973	770,255	781,153	760,337	762,295	702,986	701,456
Current liabilities
Bank indebtedness								22,000	20,000
Accounts payable	23,264	17,835	18,201	19,288	19,901	16,004	20,522	23,181	19,515
Accrued liabilities	15,850	15,793	14,590	15,660	11,676	22,353
Accrued liabilities						22,353	27,505	13,377	9,763
Current portion of capital lease obligations	1,649	1,811	1,872	1,976	1,643
Current portion of capital lease obligations						191	528	641	504
Income taxes payable	1,212	207	0	0	554	467	596	640	710
Deferred revenue	7,732	7,817	7,012	7,014	7,020	6,889	6,797	7,074	7,634
Current portion of long-term debt and other borrowings, net	5,370	5,345	5,319	3,165	3,206	3,326	3,153	3,153	3,153
Total current liabilities	55,077	48,808	46,994	47,103	44,000	49,039	59,101	70,066	61,279
Non-current liabilities
Deferred tax liabilities	23,272	25,248	33,454	35,034	38,196	37,925	36,378	40,462	42,375
Due to related parties							1,122	1,565	1,539
Warrant liability	30	33	33	153	259	286	273	13,561	13,520
Non-current portion of operating lease liabilities	8,961	9,275	9,501	6,852	7,430
Long-term portion of capital lease obligations							304	362	420
Long-term debt and other borrowings, net	413,090	413,910	414,683	413,788	414,026	399,115	378,356	297,773	298,010
Other long-term liabilities			8,585	8,129	7,384
Other long-term liabilities						6,450	7,199	7,155	6,802
Total liabilities	511,834	508,064	513,250	511,059	511,295	492,815	482,733	430,944	423,945
Total temporary equity		0				0	0	278,520	270,988	263,595
Stockholders’ equity
Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 72,027,743 shares issued and outstanding at December 31, 2021	8	8	8	8	8	7	7	3	3
Additional paid-in capital	437,677	435,292	432,566	429,547	427,046	413,315	412,985	121,321	128,538
Accumulated other comprehensive loss	(6,262)	(6,390)	(8,174)	(5,959)	(3,586)	(3,463)	(3,295)	(2,040)	(2,458)
Accumulated deficit	(266,728)	(248,238)	(178,677)	(164,400)	(153,610)	(142,337)	(130,135)	(125,762)	(119,560)
Total stockholders’ equity	164,695	180,672	245,723	259,196	269,858	267,522	279,562	(6,478)	6,523	16,496
Total liabilities and stockholders’ equity	$ 676,529	$ 688,736	758,973	770,255	781,153	760,337	762,295	702,986	701,456
As previously reported
Current assets
Cash			42,925	40,441	31,914	85,976	72,689	8,300	13,134
Accounts receivable, net			41,237	50,767	57,073	51,304	52,638	47,639	42,210
Inventories, net			8,272	9,897	12,069	15,470	12,147	9,864	6,627
Income taxes receivable			711	712	1,239	954	418	441	324
Prepaid expenses and other current assets			13,316	9,089	7,660	7,448	14,540	14,246	10,811
Total current assets			106,461	110,906	109,955	161,152	152,432	80,490	73,106
Non-current assets
Restricted cash			358	363	370	367	367	371	372
Property and equipment, net			12,141	11,890	12,167	12,240	12,630	12,606	13,338
Intangibles assets, net			201,260	211,829	222,759	203,474	212,633	221,990	229,926
Goodwill			425,604	426,126	426,700	381,962	382,190	382,427	382,283
Operating lease right-of-use assets			10,430	7,914	9,050
Operating lease right-of-use assets							114	119	122
Deferred tax assets			566
Other long-term assets			653	381	401	407	458	3,531	2,595
Total assets			757,473	769,409	781,402	759,602	760,824	701,534	701,742
Current liabilities
Bank indebtedness								22,000	20,000
Accounts payable			18,201	19,288	19,901	16,004	20,522	23,181	19,515
Accrued liabilities			14,290	15,348	11,424	22,353
Accrued liabilities						21,311	26,362	12,496	8,685
Current portion of capital lease obligations			1,872	1,764	2,027
Current portion of capital lease obligations						191	528	641	504
Income taxes payable			381	502	959	467	706	640	730
Deferred revenue			7,012	7,698	7,020	6,889	6,797	7,074	7,634
Current portion of long-term debt and other borrowings, net			5,319	3,165	3,206	3,326	3,153	3,153	3,153
Total current liabilities			47,075	47,765	44,537	48,188	58,068	69,185	60,221
Non-current liabilities
Deferred tax liabilities			29,926	32,618	36,443	36,722	34,580	38,474	41,393
Due to related parties							1,122	1,565	1,539
Warrant liability			33	153	259	286	273	13,561	13,520
Non-current portion of operating lease liabilities			9,501	6,852	7,430
Long-term portion of capital lease obligations						264	304	362	420
Long-term debt and other borrowings, net			414,683	413,788	414,026	399,115	378,356	297,773	298,010
Other long-term liabilities			4,794	4,349	3,624
Other long-term liabilities						2,884	4,154	4,296	4,194
Total liabilities			506,012	505,525	506,319	487,459	476,857	425,216	419,297
Total temporary equity						0	0	278,520	271,288	263,895
Stockholders’ equity
Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 72,027,743 shares issued and outstanding at December 31, 2021			8	8	8	7	7	3	3
Additional paid-in capital			432,897	429,878	427,377	413,646	413,316	121,321	128,538
Accumulated other comprehensive loss			(8,491)	(6,074)	(3,515)	(3,331)	(3,156)	(1,834)	(2,577)
Accumulated deficit			(172,953)	(159,928)	(148,787)	(138,179)	(126,200)	(121,692)	(114,807)
Total stockholders’ equity			251,461	263,884	275,083	272,143	283,967	(2,202)	11,157	20,216
Total liabilities and stockholders’ equity			757,473	769,409	781,402	759,602	760,824	701,534	701,742
Adjustments
Non-current liabilities
Total temporary equity									(300)	(300)
Stockholders’ equity
Total stockholders’ equity			(5,738)	(4,688)	(5,225)	(4,621)	(4,405)	(4,276)	(4,634)	$ (3,720)
Adjustments | Income tax adjustments
Non-current liabilities
Deferred tax liabilities			2,497	1,801	1,627	1,435	1,419	1,378	1,326
Other long-term liabilities			2,013	2,102	2,112
Other long-term liabilities						1,994	1,986	1,796	1,658
Total liabilities			4,510	3,903	3,739	3,429	3,405	3,174	2,984
Stockholders’ equity
Accumulated other comprehensive loss			403	201	15	(46)	(53)	(120)	(95)
Accumulated deficit			(4,913)	(4,104)	(3,754)	(3,383)	(3,352)	(3,054)	(2,889)
Total stockholders’ equity			(4,510)	(3,903)	(3,739)	(3,429)	(3,405)	(3,174)	(2,984)
Adjustments | Indirect tax adjustments
Non-current liabilities
Other long-term liabilities			1,493	1,414	1,335
Other long-term liabilities						1,257	1,142	1,028	914
Total liabilities			1,493	1,414	1,335	1,257	1,142	1,028	914
Stockholders’ equity
Accumulated deficit			(1,493)	(1,414)	(1,335)	(1,257)	(1,142)	(1,028)	(914)
Total stockholders’ equity			(1,493)	(1,414)	(1,335)	(1,257)	(1,142)	(1,028)	(914)
Adjustments | Other Adjustments
Current assets
Accounts receivable, net			475	277	366	311	257	202	148
Inventories, net					(280)
Income taxes receivable			821	189	(14)	(20)	286	283	3
Prepaid expenses and other current assets			(386)	(386)	(386)	(85)	420	480	(903)
Total current assets			910	80	(314)	206	963	965	(752)
Non-current assets
Intangibles assets, net			(862)	(883)	(903)	(924)	(945)	(966)	(987)
Goodwill			1,453	1,453	1,453	1,453	1,453	1,453	1,453
Operating lease right-of-use assets				196	(485)
Deferred tax assets			(1)
Total assets			1,500	846	(249)	735	1,471	1,452	(286)
Current liabilities
Accrued liabilities			300	312	252
Accrued liabilities						1,042	1,143	881	1,078
Current portion of capital lease obligations				212	(384)
Current portion of capital lease obligations						(191)
Income taxes payable			(381)	(502)	(405)		(110)		(20)
Deferred revenue				(684)
Total current liabilities			(81)	(662)	(537)	851	1,033	881	1,058
Non-current liabilities
Deferred tax liabilities			1,031	615	126	(232)	379	610	(344)
Long-term portion of capital lease obligations						(264)
Other long-term liabilities			285	264	313
Other long-term liabilities						315	(83)	35	36
Total liabilities			1,235	217	(98)	670	1,329	1,526	750
Total temporary equity									(300)
Stockholders’ equity
Additional paid-in capital			(331)	(331)	(331)	(331)	(331)
Accumulated other comprehensive loss			(86)	(86)	(86)	(86)	(86)	(86)	214
Accumulated deficit			682	1,046	266	482	559	12	(950)
Total stockholders’ equity			265	629	(151)	65	142	(74)	(736)
Total liabilities and stockholders’ equity			$ 1,500	$ 846	$ (249)	$ 735	$ 1,471	$ 1,452	$ (286)

Quarterly Unaudited Financial_4

Quarterly Unaudited Financial Statements - Consolidated Statements of Operations (unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Revenue
Total revenue	$ 65,975	$ 66,137	$ 70,921	$ 68,978	$ 67,933	$ 60,798	$ 55,352	$ 139,899	$ 116,150	$ 206,036	$ 184,084	$ 268,447	$ 248,435
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	30,317	31,541	33,628	35,273	34,955	29,135	23,869	68,900	53,004	100,441	87,961	129,154	121,360
Operating expenses
Selling, general and administrative	30,200	28,904	29,407	27,717	26,114	21,741	19,010	57,125	40,751	86,029	66,864	112,220	92,303
Depreciation and amortization	14,125	13,688	13,753	13,175	12,419	12,372	13,093	26,928	25,465	40,616	37,884	54,499	50,331
Total operating expenses	44,325	42,592	43,160	40,892	38,533	34,113	32,103	84,053	66,216	126,645	104,748	224,793	142,634
Operating loss	(8,667)	(7,996)	(5,867)	(7,187)	(5,555)	(2,450)	(620)	(13,054)	(3,070)	(21,050)	(8,625)	(85,500)	(15,559)
Interest expense, including amortization of deferred financing costs, net	10,195	8,206	7,297	6,624	5,589	5,506	5,059	13,921	10,565	22,127	16,155	31,371	23,260
Change in fair value of warrant liability	(3)	(120)	(106)	(27)	(2,898)	41	(2,424)	(133)	(2,383)	(253)	(5,281)	(254)	(5,267)
Loss before income taxes	(18,859)	(16,082)	(13,058)	(13,784)	(8,246)	(7,997)	(3,255)	(26,842)	(11,252)	(42,924)	(19,499)	(116,617)	(33,552)
Income tax expense (benefit)	(369)	(1,805)	(2,268)	(2,212)	(3,873)	(1,795)	(1,256)	(4,480)	(3,051)	(6,285)	(6,925)	(10,417)	(8,776)
Net loss	$ (18,490)	$ (14,277)	$ (10,790)	$ (11,572)	$ (4,373)	$ (6,202)	$ (1,999)	$ (22,362)	$ (8,201)	$ (36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Loss per share:
Basic (in dollars per share)	$ (0.24)	$ (0.19)	$ (0.14)	$ (0.16)	$ (0.26)	$ (0.43)	$ (0.30)	$ (0.30)	$ (0.73)	$ (0.48)	$ (0.98)	$ (1.40)	$ (1.04)
Diluted (in dollars per share)	$ (0.24)	$ (0.19)	$ (0.14)	$ (0.16)	$ (0.26)	$ (0.43)	$ (0.30)	$ (0.30)	$ (0.73)	$ (0.48)	$ (0.98)	$ (1.40)	$ (1.04)
Weighted average shares outstanding (in Number):
Basic (in shares)	76,524,735	76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313	75,710,904	41,933,050
Diluted (in shares)	76,524,735	76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313	75,710,904	41,933,050
Services
Revenue
Total revenue	$ 47,550	$ 46,448	$ 47,805	$ 47,543	$ 48,483	$ 46,430	$ 45,117	$ 95,348	$ 91,547	$ 141,796	$ 140,031	$ 188,985	$ 188,180
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	16,543	16,581	16,610	17,550	17,370	17,624	15,943	34,159	33,567	50,740	50,938	67,268	69,385
Products
Revenue
Total revenue	18,425	19,689	23,116	21,435	19,450	14,368	10,235	44,551	24,603	64,240	44,053	79,462	60,255
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)	$ 13,774	14,960	17,018	17,723	17,585	11,511	7,926	34,741	19,437	49,701	37,023	$ 61,886	51,975
As previously reported
Revenue
Total revenue		66,640	70,353	68,941	67,878	60,743	55,297	139,294	116,040	205,934	183,919		248,217
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)		31,569	33,875	34,972	34,964	29,337	24,372	68,846	53,709	100,415	88,675		122,224
Operating expenses
Selling, general and administrative		28,841	29,413	27,628	26,001	23,004	17,521	57,042	40,525	85,883	66,525		91,733
Depreciation and amortization		13,709	13,774	13,196	12,440	12,393	13,114	26,970	25,507	40,679	37,947		50,414
Total operating expenses		42,550	43,187	40,824	38,441	35,397	30,635	84,012	66,032	126,562	104,472		142,147
Operating loss		(7,479)	(6,709)	(6,855)	(5,527)	(3,991)	290	(13,564)	(3,701)	(21,043)	(9,228)		(16,154)
Interest expense, including amortization of deferred financing costs, net		8,206	7,297	6,624	5,589	5,506	5,059	13,921	10,565	22,127	16,155		23,260
Change in fair value of warrant liability		(120)	(106)	(27)	(2,898)	41	(2,424)	(133)	(2,383)	(253)	(5,281)		(5,267)
Loss before income taxes		(15,565)	(13,900)	(13,452)	(8,218)	(9,538)	(2,345)	(27,352)	(11,883)	(42,917)	(20,102)		(34,147)
Income tax expense (benefit)		(2,540)	(2,759)	(2,545)	(3,710)	(2,653)	(1,264)	(5,304)	(3,917)	(7,844)	(7,628)		(9,694)
Net loss		$ (13,025)	$ (11,141)	$ (10,907)	$ (4,508)	$ (6,885)	$ (1,081)	$ (22,048)	$ (7,966)	$ (35,073)	$ (12,474)		$ (24,453)
Loss per share:
Basic (in dollars per share)		$ (0.17)	$ (0.15)	$ (0.15)	$ (0.26)	$ (0.46)	$ (0.27)	$ (0.29)	$ (0.72)	$ (0.46)	$ (0.98)		$ (1.03)
Diluted (in dollars per share)		$ (0.17)	$ (0.15)	$ (0.15)	$ (0.26)	$ (0.46)	$ (0.27)	$ (0.29)	$ (0.72)	$ (0.46)	$ (0.98)		$ (1.03)
Weighted average shares outstanding (in Number):
Basic (in shares)		76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313		41,933,050
Diluted (in shares)		76,240,530	76,239,989	74,040,261	32,098,715	31,647,131	31,647,131	75,146,201	31,647,131	75,514,986	31,799,313		41,933,050
As previously reported | Services
Revenue
Total revenue		$ 46,410	$ 47,778	$ 47,506	$ 48,428	$ 46,375	$ 45,062	$ 95,284	$ 91,437	$ 141,694	$ 139,866		$ 187,962
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)		16,609	16,577	17,529	17,379	17,826	16,211	34,105	34,037	50,714	51,417		69,867
As previously reported | Products
Revenue
Total revenue		20,230	22,575	21,435	19,450	14,368	10,235	44,010	24,603	64,240	44,053		60,255
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)		14,960	17,298	17,443	17,585	11,511	8,161	34,741	19,672	49,701	37,258		52,357
Adjustments
Operating expenses
Net loss		(1,252)	351	(665)	135	683	(918)						(323)
Adjustments | Income tax adjustments
Operating expenses
Income tax expense (benefit)		808	350	371	299	165	238	721	403	1,529	702		732
Net loss		$ (808)	(350)	$ (371)	$ (299)	$ (165)	$ (238)	$ (721)	$ (403)	$ (1,529)	$ (702)		$ (732)
Loss per share:
Basic (in dollars per share)		$ (0.01)		$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.02)		$ (0.02)
Diluted (in dollars per share)		$ (0.01)		$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.02)		$ (0.02)
Adjustments | Indirect tax adjustments
Operating expenses
Selling, general and administrative		$ 79	79	$ 79	$ 114	$ 114	$ 114	$ 158	$ 228	$ 237	$ 342		$ 457
Total operating expenses		79	79	79	114	114	114	158	228	237	342		457
Operating loss		(79)	(79)	(79)	(114)	(114)	(114)	(158)	(228)	(237)	(342)		(457)
Loss before income taxes		(79)	(79)	(79)	(114)	(114)	(114)	(158)	(228)	(237)	(342)		(457)
Net loss		(79)	(79)	(79)	(114)	(114)	(114)	(158)	$ (228)	(237)	$ (342)		$ (457)
Loss per share:
Basic (in dollars per share)									$ (0.01)		$ (0.01)		$ (0.01)
Diluted (in dollars per share)									$ (0.01)		$ (0.01)		$ (0.01)
Adjustments | Other Adjustments
Revenue
Total revenue		(503)	568	37	55	55	55	605	$ 110	102	$ 165		$ 218
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)		(28)	(247)	301	(9)	(202)	(503)	54	(705)	26	(714)		(864)
Operating expenses
Selling, general and administrative		(16)	(85)	10	(1)	(1,377)	1,375	(75)	(2)	(91)	(3)		113
Depreciation and amortization		(21)	(21)	(21)	(21)	(21)	(21)	(42)	(42)	(63)	(63)		(83)
Total operating expenses		(37)	(106)	(11)	(22)	(1,398)	1,354	(117)	(44)	(154)	(66)		30
Operating loss		(438)	921	(253)	86	1,655	(796)	668	859	230	945		1,052
Loss before income taxes		(438)	921	(253)	86	1,655	(796)	668	859	230	945		1,052
Income tax expense (benefit)		(73)	141	(38)	(462)	693	(230)	103	463	30	1		186
Net loss		(365)	$ 780	(215)	$ 548	$ 962	$ (566)	$ 565	$ 396	200	$ 944		$ 866
Loss per share:
Basic (in dollars per share)			$ 0.01		$ 0.02	$ 0.03	$ (0.02)	$ 0.01	$ 0.01		$ 0.03		$ 0.02
Diluted (in dollars per share)			$ 0.01		$ 0.02	$ 0.03	$ (0.02)	$ 0.01	$ 0.01		$ 0.03		$ 0.02
Adjustments | Other Adjustments | Services
Revenue
Total revenue		38	$ 27	37	$ 55	$ 55	$ 55	$ 64	$ 110	102	$ 165		$ 218
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)		(28)	33	21	$ (9)	$ (202)	(268)	54	(470)	$ 26	(479)		(482)
Adjustments | Other Adjustments | Products
Revenue
Total revenue		$ (541)	541					$ 541
Cost of revenue
Total cost of revenue (exclusive of depreciation and amortization shown separately below)			$ (280)	$ 280			$ (235)		$ (235)		$ (235)		$ (382)

Quarterly Unaudited Financial_5

Quarterly Unaudited Financial Statements - Consolidated Statements of Comprehensive Loss (unaudited) (Details) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss	$ (18,490)	$ (14,277)	$ (10,790)	$ (11,572)	$ (4,373)	$ (6,202)	$ (1,999)	$ (22,362)	$ (8,201)	$ (36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Other comprehensive loss:
Foreign currency translation adjustment	128	(2,215)	(2,373)	(123)	(1,255)	418	(896)	(2,496)	(478)	(4,711)	(1,733)	(2,927)	(1,901)
Comprehensive loss	$ (18,362)	(16,492)	(13,163)	(11,695)	(5,628)	(5,784)	(2,895)	(24,858)	(8,679)	(41,350)	(14,307)	$ (109,127)	(26,677)
As previously reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		(13,025)	(11,141)	(10,907)	(4,508)	(6,885)	(1,081)	(22,048)	(7,966)	(35,073)	(12,474)		(24,453)
Other comprehensive loss:
Foreign currency translation adjustment		(2,417)	(2,559)	(184)	(1,322)	743	(900)	(2,743)	(157)	(5,160)	(1,479)		(1,654)
Comprehensive loss		(15,442)	(13,700)	(11,091)	(5,830)	(6,142)	(1,981)	(24,791)	(8,123)	(40,233)	(13,953)		(26,107)
Adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		(1,252)	351	(665)	135	683	(918)						(323)
Other comprehensive loss:
Foreign currency translation adjustment		202	186	61	67	(325)	4						(247)
Adjustments | Income tax adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		(808)	(350)	(371)	(299)	(165)	(238)	(721)	(403)	(1,529)	(702)		(732)
Other comprehensive loss:
Foreign currency translation adjustment		202	186	61	67	(25)	4	247	(21)	449	46		53
Comprehensive loss		(606)	(164)	(310)	(232)	(190)	(234)	(474)	(424)	(1,080)	(656)		(679)
Adjustments | Indirect tax adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		(79)	(79)	(79)	(114)	(114)	(114)	(158)	(228)	(237)	(342)		(457)
Other comprehensive loss:
Comprehensive loss		(79)	(79)	(79)	(114)	(114)	(114)	(158)	(228)	(237)	(342)		(457)
Adjustments | Other Adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		(365)	780	(215)	548	962	(566)	565	396	200	944		866
Other comprehensive loss:
Foreign currency translation adjustment						(300)			(300)		(300)		(300)
Comprehensive loss		$ (365)	$ 780	$ (215)	$ 548	$ 662	$ (566)	$ 565	$ 96	$ 200	$ 644		$ 566

Quarterly Unaudited Financial_6

Quarterly Unaudited Financial Statements - Consolidated Statements of Temporary Equity and Stockholders' Equity (unaudited) (Details) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity	$ 0			$ 0	$ 278,520	$ 270,988	$ 263,595	$ 0	$ 263,595	$ 0	$ 263,595	$ 0	$ 263,595
Accrued dividends payable					7,897	7,532	7,393						22,822
Distributions to and conversions of preferred stock					(286,417)								(286,417)
Ending balance of temporary equity					0	278,520	270,988		278,520		0	$ 0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of common stock (in shares)	76,292,241			72,027,743				72,027,743		72,027,743		72,027,743
Beginning balance of stockholders' equity	$ 180,672	$ 259,196	$ 269,858	$ 267,522	(6,478)	6,523	16,496	$ 267,522	16,496	$ 267,522	16,496	$ 267,522	16,496
Accrued dividends payable					(7,897)	(7,532)	(7,393)						(22,822)
Foreign currency translation adjustment	128	(2,215)	(2,373)	(123)	(1,255)	418	(896)	(2,496)	(478)	(4,711)	(1,733)	(2,927)	(1,901)
Share-based compensation	2,570	3,019	2,501	2,050	(3,519)	315	315					10,296	(1,856)
Common stock issued pursuant to acquisition				23,295								23,295
Distributions to and conversions of preferred stock					56,503								56,503
CTAC shares recapitalized, net of equity issuance costs					6,457								6,429
Equity issuance costs of CTAC shares recapitalized					15,912								15,943
Conversion of KORE warrants					10,663								10,663
Private offering and merger financing, net of equity issuance costs					216,951								216,546
Equity issuance costs of private offering and merger financing					7,718								8,123
Equity portion of convertible debt, net of issuance costs					12,510								12,240
Issuance costs of equity portion of convertible debt					224								384
Net loss	$ (18,490)	(14,277)	(10,790)	(11,572)	$ (4,373)	(6,202)	(1,999)	(22,362)	(8,201)	(36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Ending balance of common stock (in shares)	76,552,595				71,810,419						71,810,419	76,292,241	72,027,743
Ending balance of stockholders' equity	$ 164,695	$ 245,723	$ 259,196	$ 269,858	$ 279,562	$ (6,478)	$ 6,523	$ 259,196	$ (6,478)	$ 245,723	$ 279,562	$ 180,672	$ 267,522
Accounting Standards Update [Extensible Enumeration]													Accounting Standards Update 2020-06
Series A Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)	0			0	8,256,165	8,004,780	7,756,158	0	7,756,158	0	7,756,158	0	7,756,158
Beginning balance of temporary equity	$ 0			$ 0	$ 82,562	$ 80,048	$ 77,562	$ 0	$ 77,562	$ 0	$ 77,562	$ 0	$ 77,562
Accrued dividends payable (in shares)					265,602	251,385	248,622						765,609
Accrued dividends payable					$ 2,656	$ 2,514	$ 2,486						$ 7,656
Distributions to and conversions of preferred stock (in shares)					(8,521,767)								(8,521,767)
Distributions to and conversions of preferred stock					$ (85,218)								$ (85,218)
Ending balance of temporary equity (in shares)					0	8,256,165	8,004,780		8,256,165		0	0	0
Ending balance of temporary equity					$ 0	$ 82,562	$ 80,048		$ 82,562		$ 0	$ 0	$ 0
Series A-1 Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)	0			0	8,398,185	8,128,665	7,862,107	0	7,862,107	0	7,862,107	0	7,862,107
Beginning balance of temporary equity	$ 0			$ 0	$ 83,982	$ 81,287	$ 78,621	$ 0	$ 78,621	$ 0	$ 78,621	$ 0	$ 78,621
Accrued dividends payable (in shares)					287,998	269,520	266,558						824,076
Accrued dividends payable					$ 2,880	$ 2,695	$ 2,666						$ 8,241
Distributions to and conversions of preferred stock (in shares)					(8,686,183)								(8,686,183)
Distributions to and conversions of preferred stock					$ (86,862)								$ (86,862)
Ending balance of temporary equity (in shares)					0	8,398,185	8,128,665		8,398,185		0	0	0
Ending balance of temporary equity					$ 0	$ 83,982	$ 81,287		$ 83,982		$ 0	$ 0	$ 0
Series B Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)	0			0	9,547,376	9,315,136	9,090,975	0	9,090,975	0	9,090,975	0	9,090,975
Beginning balance of temporary equity	$ 0			$ 0	$ 95,474	$ 93,151	$ 90,910	$ 0	$ 90,910	$ 0	$ 90,910	$ 0	$ 90,910
Accrued dividends payable (in shares)					236,142	232,240	224,161						692,543
Accrued dividends payable					$ 2,361	$ 2,323	$ 2,241						$ 6,925
Distributions to and conversions of preferred stock (in shares)					(9,783,518)								(9,783,518)
Distributions to and conversions of preferred stock					$ (97,835)								$ (97,835)
Ending balance of temporary equity (in shares)					0	9,547,376	9,315,136		9,547,376		0	0	0
Ending balance of temporary equity					$ 0	$ 95,474	$ 93,151		$ 95,474		$ 0	$ 0	$ 0
Series C Convertible Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)	0			0	2,520,368	2,520,368	2,520,368	0	2,520,368	0	2,520,368	0	2,520,368
Beginning balance of temporary equity	$ 0			$ 0	$ 16,502	$ 16,502	$ 16,502	$ 0	$ 16,502	$ 0	$ 16,502	$ 0	$ 16,502
Distributions to and conversions of preferred stock (in shares)					(2,520,368)								(2,520,368)
Distributions to and conversions of preferred stock					$ (16,502)								$ (16,502)
Ending balance of temporary equity (in shares)					0	2,520,368	2,520,368		2,520,368		0	0	0
Ending balance of temporary equity					$ 0	$ 16,502	$ 16,502		$ 16,502		$ 0	$ 0	$ 0
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of common stock (in shares)	76,292,241	76,239,989	76,239,989	72,027,743	30,281,520	30,281,520	30,281,520	72,027,743	30,281,520	72,027,743	30,281,520	72,027,743	30,281,520
Beginning balance of stockholders' equity	$ 8	$ 8	$ 8	$ 7	$ 3	$ 3	$ 3	$ 7	$ 3	$ 7	$ 3	$ 7	$ 3
Common stock issued pursuant to acquisition (in shares)				4,212,246								4,212,246
Common stock issued pursuant to acquisition				$ 1								$ 1
Vesting of restricted stock units (in shares)		52,252										52,252
Distributions to and conversions of preferred stock (in shares)					7,120,368								7,120,368
Distributions to and conversions of preferred stock					$ 1								$ 1
CTAC shares recapitalized, net of equity issuance costs (in shares)					10,373,491								10,373,491
CTAC shares recapitalized, net of equity issuance costs					$ 1								$ 1
Conversion of KORE warrants (in shares)					1,365,612								1,365,612
Private offering and merger financing, net of equity issuance costs (in shares)					22,686,326								22,686,326
Private offering and merger financing, net of equity issuance costs					$ 2								$ 2
Ending balance of common stock (in shares)	76,552,595	76,292,241	76,239,989	76,239,989	71,827,317	30,281,520	30,281,520	76,239,989	30,281,520	76,292,241	71,827,317	76,292,241	72,027,743
Ending balance of stockholders' equity	$ 8	$ 8	$ 8	$ 8	$ 7	$ 3	$ 3	$ 8	$ 3	$ 8	$ 7	$ 8	$ 7
Additional paid-in capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity	435,292	429,547	427,046	413,315	121,321	128,538	135,616	413,315	135,616	413,315	135,616	413,315	135,616
Accrued dividends payable					(7,897)	(7,532)	(7,393)						(22,822)
Share-based compensation	2,570	3,019	2,501	2,050	(3,519)	315	315					10,296	(1,856)
Common stock issued pursuant to acquisition				23,294								23,294
Distributions to and conversions of preferred stock					56,502								56,502
CTAC shares recapitalized, net of equity issuance costs					6,456								6,428
Conversion of KORE warrants					10,663								10,663
Private offering and merger financing, net of equity issuance costs					216,949								216,544
Equity portion of convertible debt, net of issuance costs					12,510								12,240
Ending balance of stockholders' equity	437,677	432,566	429,547	427,046	412,985	121,321	128,538	429,547	121,321	432,566	412,985	435,292	413,315
Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity	(6,390)	(5,959)	(3,586)	(3,463)	(2,040)	(2,458)	(1,562)	(3,463)	(1,562)	(3,463)	(1,562)	(3,463)	(1,562)
Foreign currency translation adjustment	128	(2,215)	(2,373)	(123)	(1,255)	418	(896)					(2,927)	(1,901)
Ending balance of stockholders' equity	(6,262)	(8,174)	(5,959)	(3,586)	(3,295)	(2,040)	(2,458)	(5,959)	(2,040)	(8,174)	(3,295)	(6,390)	(3,463)
Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity	(248,238)	(164,400)	(153,610)	(142,337)	(125,762)	(119,560)	(117,561)	(142,337)	(117,561)	(142,337)	(117,561)	(142,337)	(117,561)
Net loss	(18,490)	(14,277)	(10,790)	(11,572)	(4,373)	(6,202)	(1,999)					(106,200)	(24,776)
Ending balance of stockholders' equity	$ (266,728)	(178,677)	(164,400)	(153,610)	(130,135)	(125,762)	(119,560)	(164,400)	(125,762)	(178,677)	(130,135)	(248,238)	(142,337)
Cumulative Effect, Period of Adoption, Adjustment
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				(11,314)				(11,314)		(11,314)		(11,314)
Ending balance of stockholders' equity													(11,314)
Cumulative Effect, Period of Adoption, Adjustment | Additional paid-in capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				(11,613)				(11,613)		(11,613)		(11,613)
Ending balance of stockholders' equity													(11,613)
Cumulative Effect, Period of Adoption, Adjustment | Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				299				299		299		299
Ending balance of stockholders' equity													299
Cumulative Effect, Period of Adoption, Adjusted Balance
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity				0				0		0		0
Ending balance of temporary equity													0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				$ 256,208				$ 256,208		$ 256,208		$ 256,208
Ending balance of stockholders' equity													$ 256,208
Cumulative Effect, Period of Adoption, Adjusted Balance | Series A Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)				0				0		0		0
Beginning balance of temporary equity				$ 0				$ 0		$ 0		$ 0
Ending balance of temporary equity (in shares)													0
Ending balance of temporary equity													$ 0
Cumulative Effect, Period of Adoption, Adjusted Balance | Series A-1 Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)				0				0		0		0
Beginning balance of temporary equity				$ 0				$ 0		$ 0		$ 0
Ending balance of temporary equity (in shares)													0
Ending balance of temporary equity													$ 0
Cumulative Effect, Period of Adoption, Adjusted Balance | Series B Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)				0				0		0		0
Beginning balance of temporary equity				$ 0				$ 0		$ 0		$ 0
Ending balance of temporary equity (in shares)													0
Ending balance of temporary equity													$ 0
Cumulative Effect, Period of Adoption, Adjusted Balance | Series C Convertible Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)				0				0		0		0
Beginning balance of temporary equity				$ 0				$ 0		$ 0		$ 0
Ending balance of temporary equity (in shares)													0
Ending balance of temporary equity													$ 0
Cumulative Effect, Period of Adoption, Adjusted Balance | Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of common stock (in shares)				72,027,743				72,027,743		72,027,743		72,027,743
Beginning balance of stockholders' equity				$ 7				$ 7		$ 7		$ 7
Ending balance of common stock (in shares)													72,027,743
Ending balance of stockholders' equity													$ 7
Cumulative Effect, Period of Adoption, Adjusted Balance | Additional paid-in capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				401,702				401,702		401,702		401,702
Ending balance of stockholders' equity													401,702
Cumulative Effect, Period of Adoption, Adjusted Balance | Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				(3,463)				(3,463)		(3,463)		(3,463)
Ending balance of stockholders' equity													(3,463)
Cumulative Effect, Period of Adoption, Adjusted Balance | Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				(142,038)				(142,038)		(142,038)		(142,038)
Ending balance of stockholders' equity													(142,038)
As previously reported
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity				0	278,520	271,288	263,895	0	263,895	0	263,895	0	263,895
Derecognition of shares						(300)							(300)
Accrued dividends payable					7,897	7,532	7,393						22,822
Distributions to and conversions of preferred stock					(286,417)								(286,417)
Ending balance of temporary equity					0	278,520	271,288		278,520		0		0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity		263,884	275,083	272,143	(2,202)	11,157	20,216	272,143	20,216	272,143	20,216	$ 272,143	20,216
Accrued dividends payable					(7,897)	(7,532)	(7,393)						(22,822)
Foreign currency translation adjustment		(2,417)	(2,559)	(184)	(1,322)	743	(900)	(2,743)	(157)	(5,160)	(1,479)		(1,654)
Share-based compensation		3,019	2,501	2,050	(3,519)	315	315						(1,856)
Common stock issued pursuant to acquisition				23,295
Distributions to and conversions of preferred stock					56,503								56,503
CTAC shares recapitalized, net of equity issuance costs					6,457								6,429
Conversion of KORE warrants					10,663								10,663
Private offering and merger financing, net of equity issuance costs					217,282								216,877
Equity portion of convertible debt, net of issuance costs					12,510								12,240
Net loss		(13,025)	(11,141)	(10,907)	(4,508)	(6,885)	(1,081)	(22,048)	(7,966)	(35,073)	(12,474)		(24,453)
Ending balance of stockholders' equity		$ 251,461	$ 263,884	$ 275,083	$ 283,967	$ (2,202)	$ 11,157	$ 263,884	$ (2,202)	$ 251,461	$ 283,967		$ 272,143
As previously reported | Series A Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)				0	8,256,165	8,004,780	7,756,158	0	7,756,158	0	7,756,158	0	7,756,158
Beginning balance of temporary equity				$ 0	$ 82,562	$ 80,048	$ 77,562	$ 0	$ 77,562	$ 0	$ 77,562	$ 0	$ 77,562
Accrued dividends payable (in shares)					265,602	251,385	248,622						765,609
Accrued dividends payable					$ 2,656	$ 2,514	$ 2,486						$ 7,656
Distributions to and conversions of preferred stock (in shares)					(8,521,767)								(8,521,767)
Distributions to and conversions of preferred stock					$ (85,218)								$ (85,218)
Ending balance of temporary equity (in shares)					0	8,256,165	8,004,780		8,256,165		0		0
Ending balance of temporary equity					$ 0	$ 82,562	$ 80,048		$ 82,562		$ 0		$ 0
As previously reported | Series A-1 Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)				0	8,398,185	8,128,665	7,862,107	0	7,862,107	0	7,862,107	0	7,862,107
Beginning balance of temporary equity				$ 0	$ 83,982	$ 81,287	$ 78,621	$ 0	$ 78,621	$ 0	$ 78,621	$ 0	$ 78,621
Accrued dividends payable (in shares)					287,998	269,520	266,558						824,076
Accrued dividends payable					$ 2,880	$ 2,695	$ 2,666						$ 8,241
Distributions to and conversions of preferred stock (in shares)					(8,686,183)								(8,686,183)
Distributions to and conversions of preferred stock					$ (86,862)								$ (86,862)
Ending balance of temporary equity (in shares)					0	8,398,185	8,128,665		8,398,185		0		0
Ending balance of temporary equity					$ 0	$ 83,982	$ 81,287		$ 83,982		$ 0		$ 0
As previously reported | Series B Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)				0	9,547,376	9,315,136	9,090,975	0	9,090,975	0	9,090,975	0	9,090,975
Beginning balance of temporary equity				$ 0	$ 95,474	$ 93,151	$ 90,910	$ 0	$ 90,910	$ 0	$ 90,910	$ 0	$ 90,910
Accrued dividends payable (in shares)					236,142	232,240	224,161						692,543
Accrued dividends payable					$ 2,361	$ 2,323	$ 2,241						$ 6,925
Distributions to and conversions of preferred stock (in shares)					(9,783,518)								(9,783,518)
Distributions to and conversions of preferred stock					$ (97,835)								$ (97,835)
Ending balance of temporary equity (in shares)					0	9,547,376	9,315,136		9,547,376		0		0
Ending balance of temporary equity					$ 0	$ 95,474	$ 93,151		$ 95,474		$ 0		$ 0
As previously reported | Series C Convertible Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)				0	2,520,368	2,566,186	2,566,186	0	2,566,186	0	2,566,186	0	2,566,186
Beginning balance of temporary equity				$ 0	$ 16,502	$ 16,802	$ 16,802	$ 0	$ 16,802	$ 0	$ 16,802	$ 0	$ 16,802
Derecognition of stock (in shares)						(45,818)							(45,818)
Derecognition of shares						$ (300)							$ (300)
Distributions to and conversions of preferred stock (in shares)					(2,520,368)								(2,520,368)
Distributions to and conversions of preferred stock					$ (16,502)								$ (16,502)
Ending balance of temporary equity (in shares)					0	2,520,368	2,566,186		2,520,368		0		0
Ending balance of temporary equity					$ 0	$ 16,502	$ 16,802		$ 16,502		$ 0		$ 0
As previously reported | Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of common stock (in shares)		76,239,989	76,239,989	72,027,743	30,281,520	30,281,520	30,281,520	72,027,743	30,281,520	72,027,743	30,281,520	72,027,743	30,281,520
Beginning balance of stockholders' equity		$ 8	$ 8	$ 7	$ 3	$ 3	$ 3	$ 7	$ 3	$ 7	$ 3	$ 7	$ 3
Common stock issued pursuant to acquisition (in shares)				4,212,246
Common stock issued pursuant to acquisition				$ 1
Vesting of restricted stock units (in shares)		52,252
Distributions to and conversions of preferred stock (in shares)					7,120,368								7,120,368
Distributions to and conversions of preferred stock					$ 1								$ 1
CTAC shares recapitalized, net of equity issuance costs (in shares)					10,373,491								10,373,491
CTAC shares recapitalized, net of equity issuance costs					$ 1								$ 1
Conversion of KORE warrants (in shares)					1,365,612								1,365,612
Private offering and merger financing, net of equity issuance costs (in shares)					22,686,326								22,686,326
Private offering and merger financing, net of equity issuance costs					$ 2								$ 2
Ending balance of common stock (in shares)		76,292,241	76,239,989	76,239,989	71,827,317	30,281,520	30,281,520	76,239,989	30,281,520	76,292,241	71,827,317		72,027,743
Ending balance of stockholders' equity		$ 8	$ 8	$ 8	$ 7	$ 3	$ 3	$ 8	$ 3	$ 8	$ 7		$ 7
As previously reported | Additional paid-in capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity		429,878	427,377	413,646	121,321	128,538	135,616	413,646	135,616	413,646	135,616	413,646	135,616
Accrued dividends payable					(7,897)	(7,532)	(7,393)						(22,822)
Share-based compensation		3,019	2,501	2,050	(3,519)	315	315						(1,856)
Common stock issued pursuant to acquisition				23,294
Distributions to and conversions of preferred stock					56,502								56,502
CTAC shares recapitalized, net of equity issuance costs					6,456								6,428
Conversion of KORE warrants					10,663								10,663
Private offering and merger financing, net of equity issuance costs					217,280								216,875
Equity portion of convertible debt, net of issuance costs					12,510								12,240
Ending balance of stockholders' equity		432,897	429,878	427,377	413,316	121,321	128,538	429,878	121,321	432,897	413,316		413,646
As previously reported | Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity		(6,074)	(3,515)	(3,331)	(1,834)	(2,577)	(1,677)	(3,331)	(1,677)	(3,331)	(1,677)	(3,331)	(1,677)
Foreign currency translation adjustment		(2,417)	(2,559)	(184)	(1,322)	743	(900)						(1,654)
Ending balance of stockholders' equity		(8,491)	(6,074)	(3,515)	(3,156)	(1,834)	(2,577)	(6,074)	(1,834)	(8,491)	(3,156)		(3,331)
As previously reported | Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity		(159,928)	(148,787)	(138,179)	(121,692)	(114,807)	(113,726)	(138,179)	(113,726)	(138,179)	(113,726)	(138,179)	(113,726)
Net loss		(13,025)	(11,141)	(10,907)	(4,508)	(6,885)	(1,081)						(24,453)
Ending balance of stockholders' equity		(172,953)	(159,928)	(148,787)	(126,200)	(121,692)	(114,807)	(159,928)	(121,692)	(172,953)	(126,200)		(138,179)
As previously reported | Cumulative Effect, Period of Adoption, Adjustment
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				(11,314)				(11,314)		(11,314)		(11,314)
Ending balance of stockholders' equity													(11,314)
As previously reported | Cumulative Effect, Period of Adoption, Adjustment | Additional paid-in capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				(11,613)				(11,613)		(11,613)		(11,613)
Ending balance of stockholders' equity													(11,613)
As previously reported | Cumulative Effect, Period of Adoption, Adjustment | Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				299				299		299		299
Ending balance of stockholders' equity													299
As previously reported | Cumulative Effect, Period of Adoption, Adjusted Balance
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				$ 260,829				$ 260,829		$ 260,829		$ 260,829
Ending balance of stockholders' equity													$ 260,829
As previously reported | Cumulative Effect, Period of Adoption, Adjusted Balance | Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of common stock (in shares)				72,027,743				72,027,743		72,027,743		72,027,743
Beginning balance of stockholders' equity				$ 7				$ 7		$ 7		$ 7
Ending balance of common stock (in shares)													72,027,743
Ending balance of stockholders' equity													$ 7
As previously reported | Cumulative Effect, Period of Adoption, Adjusted Balance | Additional paid-in capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				402,033				402,033		402,033		402,033
Ending balance of stockholders' equity													402,033
As previously reported | Cumulative Effect, Period of Adoption, Adjusted Balance | Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				(3,331)				(3,331)		(3,331)		(3,331)
Ending balance of stockholders' equity													(3,331)
As previously reported | Cumulative Effect, Period of Adoption, Adjusted Balance | Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity				(137,880)				(137,880)		(137,880)		(137,880)
Ending balance of stockholders' equity													(137,880)
Adjustments
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity						(300)	(300)		(300)		(300)		(300)
Derecognition of shares						300							300
Ending balance of temporary equity							(300)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity		(4,688)	(5,225)	(4,621)	(4,276)	(4,634)	(3,720)	(4,621)	(3,720)	(4,621)	(3,720)	(4,621)	(3,720)
Foreign currency translation adjustment		202	186	61	67	(325)	4						(247)
Private offering and merger financing, net of equity issuance costs					(331)								(331)
Net loss		(1,252)	351	(665)	135	683	(918)						(323)
Ending balance of stockholders' equity		(5,738)	(4,688)	(5,225)	(4,405)	$ (4,276)	$ (4,634)	(4,688)	$ (4,276)	(5,738)	$ (4,405)		$ (4,621)
Adjustments | Series C Convertible Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance of temporary equity (in shares)						(45,818)	(45,818)		(45,818)		(45,818)		(45,818)
Beginning balance of temporary equity						$ (300)	$ (300)		$ (300)		$ (300)		$ (300)
Derecognition of stock (in shares)						45,818							45,818
Derecognition of shares						$ 300							$ 300
Ending balance of temporary equity (in shares)							(45,818)
Ending balance of temporary equity							$ (300)
Adjustments | Additional paid-in capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity		(331)	(331)	(331)				(331)		(331)		(331)
Private offering and merger financing, net of equity issuance costs					(331)								(331)
Ending balance of stockholders' equity		(331)	(331)	(331)	(331)			(331)		(331)	(331)		(331)
Adjustments | Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity		115	(71)	(132)	(206)	119	115	(132)	115	(132)	115	(132)	115
Foreign currency translation adjustment		202	186	61	67	(325)	4						(247)
Ending balance of stockholders' equity		317	115	(71)	(139)	(206)	119	115	(206)	317	(139)		(132)
Adjustments | Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance of stockholders' equity		(4,472)	(4,823)	(4,158)	(4,070)	(4,753)	(3,835)	(4,158)	(3,835)	(4,158)	(3,835)	$ (4,158)	(3,835)
Net loss		(1,252)	351	(665)	135	683	(918)						(323)
Ending balance of stockholders' equity		$ (5,724)	$ (4,472)	$ (4,823)	$ (3,935)	$ (4,070)	$ (4,753)	$ (4,472)	$ (4,070)	$ (5,724)	$ (3,935)		$ (4,158)

Quarterly Unaudited Financial_7

Quarterly Unaudited Financial Statements - Consolidated Statements of Cash Flows (unaudited) (Details) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Cash flows provided by (used in) operating activities
Net loss	$ (18,490)	$ (14,277)	$ (10,790)	$ (11,572)	$ (4,373)	$ (6,202)	$ (1,999)	$ (22,362)	$ (8,201)	$ (36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Adjustments to reconcile net loss to net cash provided (used in) by operating activities
Depreciation and amortization	14,125			13,175			13,093	26,928	25,465	40,616	37,884	54,499	50,331
Amortization of deferred financing costs	625			587			524	1,188	1,047	1,806	1,569	2,427	2,097
Non-cash reduction to the operating lease right-of-use assets				587				1,129		1,678
Amortization of discount on Backstop Notes												0	424
Deferred income taxes	(1,994)			(3,296)			(1,387)	(6,421)	(3,377)	(8,583)	(7,441)	(16,189)	(9,691)
Non-cash foreign currency loss	(395)			(3)			(70)	489	77	1,566	(163)	14	344
Stock-based compensation	2,570			2,050			315	4,551	630	7,570	4,564	10,296	4,564
Provision for doubtful accounts	(129)			55			(18)	183	11	424	117	415	322
Change in fair value of warrant liability	(3)	(120)	(106)	(27)	(2,898)	41	(2,424)	(133)	(2,383)	(253)	(5,281)	(254)	(5,267)
Change in operating assets and liabilities, net of operating assets and liabilities acquired:
Accounts receivable	(3,227)			(2,635)			(1,910)	2,454	(7,158)	10,991	(12,956)	8,962	(12,102)
Inventories	1,302			4,994			(878)	6,661	(4,089)	8,192	(6,461)	6,542	(9,875)
Prepaid expenses and other current assets	926			1,591			(4,101)	(664)	(9,125)	(1,633)	(5,105)	(1,992)	(1,244)
Accounts payable and accrued liabilities	5,589			(8,511)			(13,562)	(2,518)	(6,272)	(3,334)	(2,364)	(2,116)	(8,419)
Deferred revenue	(108)			132			(81)	188	(671)	252	(911)	980	(805)
Income taxes payable	1,079			(213)			178	(442)	(299)	(1,078)	(317)	148	(661)
Operating lease liabilities	(496)			(894)				(540)		(1,048)		(1,468)
Cash provided by (used in) operating activities	1,912			(3,980)			(12,320)	10,691	(14,345)	20,527	(9,439)	16,356	(14,758)
Net cash used in investing activities	(4,839)			(48,503)			(3,091)	(53,201)	(5,973)	(57,974)	(9,782)	(62,547)	(13,419)
Cash used in financing activities	(1,324)			(1,550)			18,291	(2,454)	18,375	(3,599)	81,772	(4,694)	104,053
Effect of exchange rate change on cash	202			(26)			(67)	(575)	(82)	(2,014)	(188)	(451)	(226)
Change in Cash and Restricted cash	(4,049)			(54,059)			2,813	(45,539)	(2,025)	(43,060)	62,363	(51,336)	75,650
Cash and Restricted Cash, beginning of period	35,007	40,804	32,284	86,343	8,668	13,506	10,693	86,343	10,693	86,343	10,693	86,343	10,693
Cash and Restricted Cash, end of period	$ 30,961	43,283	40,804	32,284	73,056	8,668	13,506	40,804	8,668	43,283	73,056	35,007	86,343
As previously reported
Cash flows provided by (used in) operating activities
Net loss		(13,025)	(11,141)	(10,907)	(4,508)	(6,885)	(1,081)	(22,048)	(7,966)	(35,073)	(12,474)		(24,453)
Adjustments to reconcile net loss to net cash provided (used in) by operating activities
Depreciation and amortization				13,196			13,114	26,970	25,507	40,679	37,947		50,414
Amortization of deferred financing costs				587			524	1,188	1,047	1,806	1,569		2,097
Non-cash reduction to the operating lease right-of-use assets				587				1,129		1,678
Amortization of discount on Backstop Notes													424
Deferred income taxes				(3,851)			(1,366)	(7,666)	(4,308)	(10,875)	(8,197)		(9,871)
Non-cash foreign currency loss				(3)			(70)	489	77	1,566	(163)		344
Stock-based compensation				2,050			315	4,551	630	7,570	4,564		4,564
Provision for doubtful accounts				55			(18)	183	11	424	117		322
Change in fair value of warrant liability		(120)	(106)	(27)	(2,898)	41	(2,424)	(133)	(2,383)	(253)	(5,281)		(5,267)
Change in operating assets and liabilities, net of operating assets and liabilities acquired:
Accounts receivable				(2,580)			(1,855)	2,421	(7,049)	11,155	(12,792)		(11,884)
Inventories				4,714			(878)	6,661	(4,089)	8,192	(6,461)		(9,875)
Prepaid expenses and other current assets				806			(5,375)	(769)	(9,016)	(1,934)	(5,054)		(1,700)
Accounts payable and accrued liabilities				(8,428)			(13,311)	(2,674)	(6,103)	(3,756)	(2,366)		(8,371)
Deferred revenue				132			(81)	872	(671)	252	(911)		(805)
Income taxes payable				199			186	269	(32)	144	63		(697)
Operating lease liabilities				(510)				(752)		(1,048)
Cash provided by (used in) operating activities				(3,980)			(12,320)	10,691	(14,345)	20,527	(9,439)		(14,758)
Net cash used in investing activities				(48,503)			(3,091)	(53,201)	(5,973)	(57,974)	(9,782)		(13,419)
Cash used in financing activities				(1,550)			18,291	(2,454)	18,375	(3,599)	81,772		104,053
Effect of exchange rate change on cash				(26)			(67)	(575)	(82)	(2,014)	(188)		(226)
Change in Cash and Restricted cash				(54,059)			2,813	(45,539)	(2,025)	(43,060)	62,363		75,650
Cash and Restricted Cash, beginning of period		40,804	32,284	86,343	8,668	13,506	10,693	86,343	10,693	86,343	10,693	$ 86,343	10,693
Cash and Restricted Cash, end of period		43,283	40,804	32,284	73,056	8,668	13,506	40,804	8,668	43,283	73,056		86,343
Adjustments
Cash flows provided by (used in) operating activities
Net loss		(1,252)	351	(665)	135	683	(918)						(323)
Adjustments | Income tax adjustments
Cash flows provided by (used in) operating activities
Net loss		(808)	(350)	(371)	(299)	(165)	(238)	(721)	(403)	(1,529)	(702)		(732)
Adjustments to reconcile net loss to net cash provided (used in) by operating activities
Deferred income taxes				196			238	398	237	1,028	293		323
Change in operating assets and liabilities, net of operating assets and liabilities acquired:
Accounts payable and accrued liabilities				175				323	166	501	409		409
Adjustments | Indirect tax adjustments
Cash flows provided by (used in) operating activities
Net loss		(79)	(79)	(79)	(114)	(114)	(114)	(158)	(228)	(237)	(342)		(457)
Change in operating assets and liabilities, net of operating assets and liabilities acquired:
Accounts payable and accrued liabilities				79			114	158	228	237	342		457
Adjustments | Other Adjustments
Cash flows provided by (used in) operating activities
Net loss		$ (365)	$ 780	(215)	$ 548	$ 962	(566)	565	396	200	944		866
Adjustments to reconcile net loss to net cash provided (used in) by operating activities
Depreciation and amortization				(21)			(21)	(42)	(42)	(63)	(63)		(83)
Deferred income taxes				359			(259)	847	694	1,264	463		(143)
Change in operating assets and liabilities, net of operating assets and liabilities acquired:
Accounts receivable				(55)			(55)	33	(109)	(164)	(164)		(218)
Inventories				280
Prepaid expenses and other current assets				785			1,274	105	(109)	301	(51)		456
Accounts payable and accrued liabilities				(337)			(365)	(325)	(563)	(316)	(749)		(914)
Deferred revenue								(684)
Income taxes payable				(412)			$ (8)	(711)	$ (267)	$ (1,222)	$ (380)		$ 36
Operating lease liabilities				$ (384)				$ 212

GEOGRAPHIC AREA INFORMATION (De

GEOGRAPHIC AREA INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Net Sales	$ 65,975	$ 66,137	$ 70,921	$ 68,978	$ 67,933	$ 60,798	$ 55,352	$ 139,899	$ 116,150	$ 206,036	$ 184,084	$ 268,447	$ 248,435
Long Lived Assets												214,423	214,790
United States
Disaggregation of Revenue [Line Items]
Net Sales												211,599	187,392
Long Lived Assets												152,361	141,511
Other Countries
Disaggregation of Revenue [Line Items]
Net Sales												56,848	61,043
Long Lived Assets												$ 62,062	$ 73,279

SUBSEQUENT EVENTS (Detail)

SUBSEQUENT EVENTS (Detail) - Twilio IoT Business Unit [Member] shares in Millions	Mar. 26, 2023 shares
Subsequent Event [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	10
Subsequent Event
Subsequent Event [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	10

SCHEDULE 1 - PARENT ONLY FINA_3

SCHEDULE 1 - PARENT ONLY FINANCIAL INFORMATION - Summary of Condensed Balance Sheet (Detail) - USD ($) $ / shares in Units, $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Non-current assets
Total assets	$ 676,529	$ 688,736	$ 758,973	$ 770,255	$ 781,153	$ 760,337	$ 762,295	$ 702,986	$ 701,456
Long-term liabilities
Warrant liability	30	33	33	153	259	286	273	13,561	13,520
Total liabilities	511,834	508,064	513,250	511,059	511,295	492,815	482,733	430,944	423,945
Stockholders’ equity
Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 76,292,241 and 72,027,743 shares issued and outstanding at December 31, 2022 and December 31, 2021	$ 8	$ 8	8	8	8	$ 7	$ 7	3	3
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001				$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	315,000,000	315,000,000				315,000,000
Common stock, shares issued (in shares)	76,552,595	76,292,241				72,027,743
Common stock, shares outstanding (in shares)	76,552,595	76,292,241				72,027,743	71,810,419
Additional paid-in capital	$ 437,677	$ 435,292	432,566	429,547	427,046	$ 413,315	$ 412,985	121,321	128,538
Accumulated other comprehensive loss	(6,262)	(6,390)	(8,174)	(5,959)	(3,586)	(3,463)	(3,295)	(2,040)	(2,458)
Accumulated deficit	(266,728)	(248,238)	(178,677)	(164,400)	(153,610)	(142,337)	(130,135)	(125,762)	(119,560)
Total stockholders’ equity	164,695	180,672	245,723	259,196	269,858	267,522	279,562	(6,478)	6,523	$ 16,496
Total liabilities and stockholders’ equity	$ 676,529	688,736	$ 758,973	$ 770,255	$ 781,153	760,337	$ 762,295	$ 702,986	$ 701,456
Parent Company
Non-current assets
Investment in subsidiaries		192,549				256,725
Total non-current assets		192,549				256,725
Total assets		192,549				256,725
Long-term liabilities
Warrant liability		33				286
Total liabilities		33				286
Stockholders’ equity
Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 76,292,241 and 72,027,743 shares issued and outstanding at December 31, 2022 and December 31, 2021		$ 8				$ 7
Common stock, par value (in dollars per share)		$ 0.0001				$ 0.0001
Common stock, shares authorized (in shares)		315,000,000				315,000,000
Common stock, shares issued (in shares)		76,292,241				72,027,743
Common stock, shares outstanding (in shares)		76,292,241				72,027,743
Additional paid-in capital		$ 435,293				$ 401,690
Accumulated other comprehensive loss		(6,390)				(3,463)
Accumulated deficit		(236,394)				(141,795)
Total stockholders’ equity		192,517				256,439
Total liabilities and stockholders’ equity		$ 192,550				$ 256,725

SCHEDULE 1 - PARENT ONLY FINA_4

SCHEDULE 1 - PARENT ONLY FINANCIAL INFORMATION - Summary Of Condensed Statements Of Loss and Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Condensed Income Statements, Captions [Line Items]
Change in fair value of warrant liability	$ (3)	$ (120)	$ (106)	$ (27)	$ (2,898)	$ 41	$ (2,424)	$ (133)	$ (2,383)	$ (253)	$ (5,281)	$ (254)	$ (5,267)
Loss before income taxes	(18,859)	(16,082)	(13,058)	(13,784)	(8,246)	(7,997)	(3,255)	(26,842)	(11,252)	(42,924)	(19,499)	(116,617)	(33,552)
Net loss	(18,490)	(14,277)	(10,790)	(11,572)	(4,373)	(6,202)	(1,999)	(22,362)	(8,201)	(36,639)	(12,574)	(106,200)	(24,776)
Other comprehensive loss:
Foreign currency translation adjustment	128	(2,215)	(2,373)	(123)	(1,255)	418	(896)	(2,496)	(478)	(4,711)	(1,733)	(2,927)	(1,901)
Comprehensive loss	$ (18,362)	$ (16,492)	$ (13,163)	$ (11,695)	$ (5,628)	$ (5,784)	$ (2,895)	$ (24,858)	$ (8,679)	$ (41,350)	$ (14,307)	(109,127)	(26,677)
Parent Company
Condensed Income Statements, Captions [Line Items]
Equity in net loss of unconsolidated subsidiaries												(94,759)	(29,892)
Change in fair value of warrant liability												(254)	(5,267)
Loss before income taxes												(94,505)	(24,625)
Net loss												(94,505)	(24,625)
Other comprehensive loss:
Foreign currency translation adjustment												(2,927)	(1,987)
Comprehensive loss												$ (97,432)	$ (26,612)

SCHEDULE 1 - PARENT ONLY FINA_5

SCHEDULE 1 - PARENT ONLY FINANCIAL INFORMATION - Summary Of Condensed Statements Of Cash Flows (Detail) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Cash flows provided by (used in) operating activities
Net loss	$ (18,490)	$ (14,277)	$ (10,790)	$ (11,572)	$ (4,373)	$ (6,202)	$ (1,999)	$ (22,362)	$ (8,201)	$ (36,639)	$ (12,574)	$ (106,200)	$ (24,776)
Adjustments to reconcile net loss to net cash provided by operating activities
Change in fair value of warrant liability	(3)	(120)	(106)	(27)	(2,898)	41	(2,424)	(133)	(2,383)	(253)	(5,281)	(254)	(5,267)
Cash provided by (used in) operating activities	1,912			(3,980)			(12,320)	10,691	(14,345)	20,527	(9,439)	16,356	(14,758)
Cash flows from investing activities
Cash flows (used in) provided by investing activities	(4,839)			(48,503)			(3,091)	(53,201)	(5,973)	(57,974)	(9,782)	(62,547)	(13,419)
Cash flows (used in) provided by financing activities
Settlement of preferred stock												0	(229,915)
Cash (used in) provided by financing activities	(1,324)			(1,550)			18,291	(2,454)	18,375	(3,599)	81,772	(4,694)	104,053
Effect of exchange rate change on cash and restricted	202			(26)			(67)	(575)	(82)	(2,014)	(188)	(451)	(226)
Change in Cash and Restricted cash	(4,049)			(54,059)			2,813	(45,539)	(2,025)	(43,060)	62,363	(51,336)	75,650
Cash and Restricted Cash, beginning of period	35,007	40,804	32,284	86,343	8,668	13,506	10,693	86,343	10,693	86,343	10,693	86,343	10,693
Cash and Restricted Cash, end of period	30,961	$ 43,283	$ 40,804	32,284	$ 73,056	$ 8,668	13,506	40,804	8,668	43,283	73,056	35,007	86,343
Non-cash investing and financing activities:
Fair value of KORE common stock issued pursuant to acquisition	0			23,295								23,295	0
Parent Company
Cash flows provided by (used in) operating activities
Net loss												(94,505)	(24,625)
Adjustments to reconcile net loss to net cash provided by operating activities
Equity in net loss of unconsolidated subsidiaries												94,759	29,892
Change in fair value of warrant liability												(254)	(5,267)
Cash provided by (used in) operating activities												0	0
Cash flows from investing activities
Distribution from subsidiary												0	5,947
Cash flows (used in) provided by investing activities												0	5,947
Cash flows (used in) provided by financing activities
Issuance of common stock, net of transaction costs												0	223,968
Settlement of preferred stock												0	(229,915)
Cash (used in) provided by financing activities												0	(5,947)
Effect of exchange rate change on cash and restricted												0	0
Change in Cash and Restricted cash												0	0
Cash and Restricted Cash, beginning of period	$ 0			$ 0			$ 0	$ 0	$ 0	$ 0	$ 0	0	0
Cash and Restricted Cash, end of period												0	0
Non-cash investing and financing activities:
Fair value of KORE common stock issued pursuant to acquisition												23,295
Share-based payment awards issued to employees of subsidiaries												$ 10,296	$ 1,839

SCHEDULE 1 - PARENT ONLY FINA_6

SCHEDULE 1 - PARENT ONLY FINANCIAL INFORMATION - Additional Information (Detail) - Parent Company	Dec. 31, 2022	Sep. 30, 2021
Organization, Consolidation And Presentation Of Financial Statements [Line Items]
Percentage of voting rights held by equity holders pre combination		54%
Restricted Investments, Percent of Net Assets	25%
Corp Merger Sub
Organization, Consolidation And Presentation Of Financial Statements [Line Items]
Equity method investment ownership percentage		100%