v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 5,374 $ 3,128
Accounts receivable, net 2,232 2,898
Inventories, net 2,915 2,719
Prepaid expenses and other current assets 1,915 3,541
Current portion of deferred consideration, net of discount 212 262
Total current assets 12,648 12,548
Property and equipment, net 225 365
Operating lease, right of use assets 84 286
Deferred tax asset, net 589 1,145
Deferred consideration, net of discount, less current portion 73 330
Other assets 74 66
Total assets 13,693 14,740
Current liabilities:    
Accounts payable 953 607
Accrued expenses and other current liabilities 2,224 2,113
Deferred revenue, current portion 641 478
Short-term debt 220 323
Operating lease liabilities, current portion 58 198
Total current liabilities 4,096 3,719
Deferred revenue, net of current portion 17 87
Withholding tax payable 5,142 4,710
Operating lease liabilities, less current portion 27 87
Total liabilities 9,282 8,603
Commitments and Contingencies (Note 11)
Stockholders’ Equity:    
Convertible preferred stock, $0.0001 par value; 714,286 shares authorized at March 31, 2025 and 2024, respectively, no shares issued and outstanding at March 31, 2025 and 2024 0 0
Common stock, $0.0001 par value; 50,000,000 and 24,000,000 shares authorized at March 31, 2025 and 2024, respectively, 1,634,265 and 780,371 shares issued and outstanding at March 31, 2025 and 2024, respectively (Note 1) (Note 12) 0 0
Additional paid-in capital 206,593 203,209
Accumulated deficit (197,806) (194,349)
Accumulated other comprehensive loss (4,376) (2,723)
Total stockholders’ equity 4,411 6,137
Total liabilities and stockholders’ equity $ 13,693 $ 14,740