v3.25.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Mar. 31, 2025
Current Assets    
Cash and cash equivalents $ 4,288 $ 11,312
Accounts receivable 33 30
Escrow receivable 1,011 0
Prepaid expenses and other current assets 709 789
Total current assets 6,041 12,131
Fixed assets, net 248 419
Restricted cash 143 143
Operating lease right-of-use assets 525 867
Escrow receivable 0 1,000
Prepaid expenses and other assets, net 3 90
Total assets 6,960 14,650
Current Liabilities    
Accounts payable 671 1,644
Accrued expenses 818 1,226
Insurance premium financing liability 235 128
Liability to be settled in equity 218 218
Operating lease liability, current portion 533 521
Total current liabilities 2,475 3,737
Operating lease liability, net of current portion 44 421
Total liabilities 2,519 4,158
Commitments and Contingencies (Note 6)
Stockholders’ Equity    
Common stock, $0.001 par value; 200,000,000 shares authorized, 2,607,962 and 1,898,068 shares issued and outstanding at December 31, 2025 and March 31, 2025, respectively 3 2
Additional paid-in capital 354,674 352,648
Accumulated deficit (350,236) (342,157)
Treasury stock, 3 shares at cost 0 (1)
Total stockholders’ equity 4,441 10,492
Total Liabilities and Stockholders’ Equity $ 6,960 $ 14,650