v3.25.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities    
Net loss $ (3,457) $ (4,835)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 138 176
Stock-based compensation 224 516
Deferred income tax expense 357 (109)
Operating lease right-of-use asset 174 161
Changes in operating assets and liabilities:    
Accounts receivable, net 434 (230)
Inventories, net (388) 184
Prepaid expenses and other current assets 1,086 1,107
Deferred consideration, net of discount 194 222
Accounts payable 416 (278)
Accrued expenses and other current liabilities 295 19
Withholding tax payable 432 475
Operating lease liabilities (174) (161)
Deferred revenue 181 355
Net cash used in operating activities (88) (2,398)
Cash flows from investing activities:    
Purchases of property and equipment (80) (2)
Net cash used in investing activities (80) (2)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of offering expenses 3,079 1,784
Proceeds from exercise of employee stock options 82 0
Payments for fractional shares related to reverse-split (1) 0
Principal payments on short-term debt (404) (481)
Insurance premiums financed 274 373
Net cash provided by financing activities 3,030 1,676
Effect of exchange rate on cash and cash equivalents (616) 32
Net increase (decrease) in cash and cash equivalents 2,246 (692)
Cash and cash equivalents, beginning of year 3,128 3,820
Cash and cash equivalents, end of year 5,374 3,128
Supplemental disclosure of cash flow information:    
Cash paid for interest 11 22
Non-cash operating and financing activities:    
Insurance premiums financed $ 274 $ 373