Note 12 - Subsequent Events |
12 Months Ended |
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Mar. 31, 2026 | |
| Notes to Financial Statements | |
| Subsequent Events [Text Block] |
Note 12 — Subsequent Events
On April 8, 2026, the Company amended its 2022 Plan to increase the number of shares of its common stock available for issuance under the 2022 Plan by 2,000,000 shares, which increase was previously approved by the Company’s board of directors. Such increase is subject to approval of the Company’s stockholders, which the Company anticipates obtaining at its 2026 annual meeting of stockholders.
As of the date of this Annual Report, holders of 1,317,331 PC1 Warrants (other than LiveOne) exercised their warrants for cash at an exercise price of $3.00 per share resulting in proceeds to the Company of approximately $3.95 million. LiveOne also exercised all of its 1.1 million PC1 Warrants.
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