Earnings (Loss) Per Share (Tables)

12 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share and Reconciliation of Weighted Average Number of Common and Common Equivalent Shares Outstanding

The following table sets forth the computation of basic and diluted earnings per share and a reconciliation of the weighted average number of common and common equivalent shares outstanding for the fiscal year ended March 31, 2026 and 2025:


	Twelve Months ended March 31,
	2026				2025
	(in thousands, except shares and per share data)
Numerator:
Net (loss) income attributable to common stockholders and participating common warrant holders	$	(9,191	)		$	3,246
Less: earnings attributable to participating common warrant holders		—				(468	)
Net (loss) income attributable to common stockholders - basic and diluted	$	(9,191	)		$	2,778

Denominator:
Weighted average shares of common stock - basic		18,777,332				15,813,590
Effect of dilutive common stock equivalents		—				2,004,838
Weighted average shares of common stock - diluted		18,777,332				17,818,428

Earnings per share:
Basic (loss) earnings per share	$	(0.49	)		$	0.18
Effect of dilutive common stock equivalents		—				(0.02	)
Diluted (loss) earnings per share	$	(0.49	)		$	0.16

Schedule of Common Equivalent Shares Outstanding at Period-End Have Been Excluded from Computation of Earnings Per Share, as their Inclusion Would Have Been Anti-Dilutive

The following common equivalent shares outstanding at period-end have been excluded from the computation of earnings per share, as their inclusion would have been anti-dilutive:


	Twelve Months ended March 31,
	2026				2025
Options to purchase common stock		—				250
Stock appreciation rights		846,151				766,244
Restricted stock units and awards		3,082,830				—
Warrants to purchase common stock		706,667				2,654,167
Convertible notes		6,500,000				—