v3.25.2
Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating expenses:    
General and administrative $ 6,863 $ 5,249
Research and development 4,725 2,225
Warrant expense - termination agreement 0 4,556
Total operating expenses 11,588 12,030
Loss from operations (11,588) (12,030)
Other income (expense):    
Warrant liability - mark-to-market 0 (3,444)
Interest expense (176) (79)
Interest income 354 127
Total other income (expense) 178 (3,396)
Loss before income taxes (11,410) (15,426)
Income taxes 0 0
Net loss $ (11,410) $ (15,426)
Loss per share - basic and diluted (in dollars per share) $ (6.46) $ (14.82)
Weighted average shares outstanding - basic and diluted (in shares) 1,766,425 1,040,720