v3.26.1
Fair value measurements
 12 Months Ended
Mar. 31, 2026
Fair value measurements [Abstract]  
Fair value measurements
3. Fair value measurements
 
Assets and liabilities measured at fair value on a recurring basis as of March 31, 2026 are as follows:
 
                 
     Total      Quoted
prices in
active
markets
(Level 1) 		     Significant
other
observable
inputs
(Level 2)
     Significant
unobservable
inputs
(Level 3)
 
    $    $    $    $ 
Assets
                   
Treasury bills classified as cash equivalents
  15,670    15,670     —      —  
Total assets
  15,670    15,670     —      —  
Total liabilities
   —      —      —      —  
 
Assets and liabilities measured at fair value on a recurring basis as of March 31, 2025 are as follows:
 
                 
     Total      Quoted
prices
in
active
markets
(Level 1)
     Significant
other
observable
inputs
(Level 2)
     Significant
unobservable
inputs
(Level 3)
 
    $    $    $    $ 
Assets
                   
Treasury bills classified as cash equivalents
  21,304    21,304     —      —  
Total assets
  21,304    21,304     —      —  
Liabilities
                   
Derivative warrant liabilities
  1,141     —      —     1,141 
Total liabilities
  1,141     —      —     1,141 
 
There were no changes in valuation techniques or transfers between Levels 1, 2 or 3 during the years ended March 31, 2026 and 2025. The Company’s derivative warrant liabilities are measured at fair value on a recurring basis using unobservable inputs that are classified as Level 3 inputs. Refer to Note 7, Stockholders’ Equity, for the valuation techniques and assumptions used in estimating the fair value of the derivative warrant liabilities.