v3.25.2
Note 7 - Income Taxes (Tables)
12 Months Ended
Mar. 31, 2025
Notes Tables  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
  

March 31,

  

March 31,

 
  

2025

  

2024

 
  

Amount

   % 

Amount

   %

Tax benefit at the U.S. federal statutory rate

 $(2,396)  21.00% $(3,239)  21.00%

Tax rate change

            

Permanent differences

  5   (0.05)%  1,697   (11.01)%

Return to provision

  (44)  0.39%  (69)  0.45%

Change in state rate

  234   (2.05)%  (190)  1.23%

State tax (net of federal benefit)

  (63)  0.55%  (192)  1.24%

Valuation allowance

  2,264   (19.84)%  1,993   (12.91)%

Effective income tax rate

 $   % $   %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
  

March 31,

  

March 31,

 
  

2025

  

2024

 

Assets related to:

        

Capitalized R&D costs

 $1,380  $602 

Net operating losses

  761   2,643 

Accruals and reserves

  3,438   72 

Stock-based compensation

  450   142 

Total deferred tax assets

  6,029   3,459 

Valuation allowance for deferred tax assets

  (5,723)  (3,459)

Net deferred tax assets

  306    

Liabilities related to:

        

Section 481A method change

  (306)   

Net deferred tax liabilities

  (306)   

Net deferred tax

 $  $