v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Mar. 31, 2025
Current Assets    
Cash and cash equivalents $ 5,024 $ 11,312
Accounts receivable 32 30
Escrow receivable 1,014 0
Prepaid expenses and other current assets 557 789
Total current assets 6,627 12,131
Fixed assets, net 206 419
Restricted cash 143 143
Operating lease right-of-use assets 407 867
Escrow receivable 0 1,000
Prepaid expenses and other assets, net 3 90
Total assets 7,386 14,650
Current Liabilities    
Accounts payable 1,021 1,644
Accrued expenses 981 1,226
Insurance premium financing liability 118 128
Liability to be settled in equity 218 218
Operating lease liability, current portion 447 521
Total current liabilities 2,785 3,737
Common stock warrant liabilities 5,700 0
Operating lease liability, net of current portion 0 421
Total liabilities 8,485 4,158
Commitments and Contingencies (Note 8)
Stockholders' (Deficit) Equity    
Common stock, $0.001 par value; 200,000,000 shares authorized, 2,894,519 and 1,898,068 shares issued and outstanding at March 31, 2026 and 2025, respectively 3 2
Additional paid-in capital 354,898 352,648
Accumulated deficit (356,000) (342,157)
Treasury stock, 3 shares at cost 0 (1)
Total stockholders' (deficit) equity (1,099) 10,492
Total Liabilities and Stockholders' (Deficit) Equity $ 7,386 $ 14,650