As of March 31, 2025, the Company had the following warrants
outstanding (share amounts in thousands):
| Type | | Number
of
Shares | | | Exercise
Prices | | | Expiration
Dates | | Balance as of March 31, 2024 | | | 12,521 | | | | | | | | | Issuance of common stock warrants | | | 381 | | | $ | 1.875 | | | November 2027 | | Issuance of common stock warrants | | | 6,508 | | | $ | 1.12 | | | March 2029 | | Issuance of common stock warrants | | | 875 | | | $ | 1.40 | | | March 2029 | | Common stock warrants exercised | | | (817 | ) | | $ | 0.01 | | | — | | Common stock warrants exercised | | | (51 | ) | | $ | 1.32 | | | May 2027 | | Common stock warrants exercised | | | (856 | ) | | $ | 1.22 | | | May 2028 | | Balance as of March 31, 2025 | | | 18,561 | | | | | | | |
As of March 31, 2024, the Company had the following warrants
outstanding (share amounts in thousands):
| Type | | Number
of
Shares | | | Exercise
Prices | | | Expiration
Dates | | Balance as of March 31, 2023 | | | 7,565 | | | | | | | | | Issuance of common stock warrants | | | 605 | | | $ | 1.32 | | | May 2027 | | Issuance of common stock warrants | | | 5,070 | | | $ | 1.22 | | | May 2028 | | Common stock warrants exercised | | | (70 | ) | | $ | 1.32 | | | | | Common stock warrants exercised | | | (649 | ) | | $ | 1.22 | | | | | Balance as of March 31, 2024 | | | 12,521 | | | | | | | |
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