v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
CONSOLIDATED STATEMENTS OF OPERATIONS      
Net revenues $ 25,122 $ 20,518 $ 21,765
Cost of revenues ($223, $140 and $125 to a related party) 11,427 10,378 9,942
Gross profit 13,695 10,140 11,823
Operating expenses:      
Research and development 19,947 16,005 21,689
Selling, general and administrative 11,225 10,763 10,565
Gain from sale of assets   (5,793)  
Total operating expenses 31,172 20,975 32,254
Loss from operations (17,477) (10,835) (20,431)
Interest income, net 926 445 541
Gain on change in fair value of warrant liability 6,209    
Issuance costs associated with warrant liability (2,830)    
Other expense, net (206) (119) (127)
Loss before income taxes (13,378) (10,509) (20,017)
Provision (benefit) for income taxes (132) 130 70
Net loss $ (13,246) $ (10,639) $ (20,087)
Net loss per share:      
Basic $ (0.42) $ (0.42) $ (0.8)
Diluted $ (0.42) $ (0.42) $ (0.8)
Weighted average shares used in per share calculations:      
Basic 31,839 25,498 25,144
Diluted 31,839 25,498 25,144