v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
SCHEDULE OF REVENUE NET BY CHANNEL AND GEOGRAPHICAL LOCATION

The following table disaggregates the Company’s revenue, net by channel and geographic location:

 

   Year ended
March 31, 2026
   Year ended
March 31, 2025
 
         
Channel revenue, net          
Wholesale revenues  $14,393   $10,111 
Ecommerce revenues   8,256    10,060 
Retail revenues   69    775 
Partnership revenues   885    555 
Total revenue, net  $23,603   $21,501 
Geographic location revenue, net          
Europe (excluding United Kingdom)  $9,995   $7,202 
United States   7,782    8,236 
United Kingdom   3,443    4,168 
Rest of the world   2,383    1,895 
Total revenue, net  $23,603   $21,501 
SCHEDULE OF PROPERTY AND EQUIPMENT USEFUL LIFE

The following estimated useful lives are used for to depreciate property and equipment on a straight-line basis:

 

    Useful Life 
Furniture and fixtures   5 years
Office equipment   3-5 years
Computer equipment   3 years
Software and website development   3 years
Leasehold improvements   Lessor of 5 years or remaining term of underlying lease
SCHEDULE OF FOREIGN CURRENCY EXCHANGE RATE

We used the exchange rates in the following table to translate amounts denominated in non-USD currencies as of and for the periods noted:

 

Year end exchange rate:  Year Ended
March 31, 2026
   Year Ended
March 31, 2025
 
         
GBP:USD   1.34450    1.29539 
HKD:USD   0.12848    0.12856 
CHF:USD   1.25986    1.13505 
EUR:USD   1.17344    NA 

 

       
Average exchange rate:  Year Ended
March 31, 2026
   Year Ended
March 31, 2025
 
         
GBP:USD   1.33779    1.27522 
HKD:USD   0.12819    0.12828 
CHF:USD   1.23747    1.12788 
EUR:USD   1.15596    NA 
SCHEDULE OF ANTIDILUTIVE SECURITIES FOR BASIC AND DILUTED NET INCOME (LOSS) PER SHARE

  

   March 31, 2026   March 31, 2025 
Options to acquire common stock   643,300    1,006,550 
Restricted stock units granted to employees to acquire stock   1,554,348    600,000 
Warrants to acquire common stock   6,744,553    123,376 
Series AA convertible preferred stock   -    4,624,620 
Antidilutive securities   8,942,201    6,354,546