v3.25.2
Income Taxes (Tables)
12 Months Ended
Mar. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of income tax provision from domestic and foreign sources
        
   Year Ended March 31, 
   2025   2024 
Domestic  $(161,000)  $(364,000)
Foreign   (2,749,000)   (4,559,000)
Totals  $(2,910,000)  $(4,923,000)
Schedule of federal, state and foreign income tax provisions
        
   Year Ended March 31, 
   2025   2024 
Current:        
State  $(2,000)  $(2,000)
           
Deferred:          
Foreign   (548,000)   198,000 
Total income tax (expense) benefit  $(550,000)  $196,000 
Schedule of reconciliation of federal income tax rate to effective rate
        
   Year Ended March 31, 
   2025   2024 
Expected federal statutory rate   21.0%    21.0% 
State income taxes, net of federal benefit   0.1%    0.2% 
Foreign earnings taxed at different rates   6.7%    7.9% 
Effect of permanent differences   (7.4%)   (5.8%)
Effect of intercompany interest permanent differences   (30.2%)   (20.1%)
True-up of state deferred assets   (68.4%   (1.5%)
Total effective rate   (78.2%)   1.7% 
Change in valuation allowance   (59.3%)   2.3% 
Totals   (18.9%)   4.0% 
Schedule of deferred tax assets
        
   March 31, 
   2025   2024 
Deferred tax assets:          
Net operating loss carryforwards  $26,456,000   $28,692,000 
Research and development tax credit carryforwards   1,749,000    1,796,000 
Stock-based compensation   879,000    913,000 
Reserves and accruals   618,000    659,000 
Other deferred tax assets   41,000    52,000 
Lease liability   10,000    22,000 
Gross deferred tax assets   29,753,000    32,134,000 
           
Less valuation allowance   (29,062,000)   (30,836,000)
           
Total deferred tax assets  $691,000   $1,298,000 
           
Deferred tax liabilities:          
Fixed assets   (6,000)   (10,000)
Prepaid expenses   (86,000)   (121,000)
Right of use asset   (10,000)   (22,000)
Gross deferred tax liabilities   (102,000)   (153,000)
Net deferred tax assets  $589,000   $1,145,000