v3.26.1
Consolidated Statements of Operations and Other Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Profit or loss [abstract]      
Revenues $ 97
Expenses      
Research and development 2,801 3,129 12,535
General and administrative expenses 20,199 4,254 5,664
Depreciation and amortization expense 193 35 54
Loss from operations (23,096) (7,418) (18,253)
Change in fair value of warrant liability 2,883 (388) 6,868
Change in fair value of deferred purchase price payable - Tarus and deferred obligation - iOx milestone 11,305
Change in fair value of put rights, net of redemptions (5,959)
Loss on revaluation of digital assets (1,411)
Loss on revaluation of digital asset receivables (1,497)
Realized loss on sale of digital assets (1,700)
Realized loss on novation of digital assets to investor (676)
Gain on settlement with Parexel - iOx CRO 946
Loss on Registered Direct Offering (2,432)
Offering costs (662)
Impairment loss - iOx IPR&D (57,890)
Impairment loss - Tarus IPR&D (23,615)
Impairment loss - Stimunity (1,002)
Impairment loss - Saugatuck (178)
Commitment fee under Committed Purchase Agreement (839)
Gain on dissolution of investment in associate 27
Gain from sale of investment in public company 725
Impairment loss - investment in Compedica (4,804)
Loss on revaluation of investment in Compedica (182)
Change in fair value of TON payable to settle put rights exercised 51
Gain on settlement of TON payable 336
Loss on settlement of put right liability (916)
Foreign exchange transaction (loss) gain (1) (7) 7
Interest (expense) income, net (1,014) 86 242
Gain on extinguishment of debt 255
Share of losses from equity method investment (44) (233)
Loss before benefit for income taxes (38,627) (6,781) (85,930)
Income tax benefit 3 10,548
Net loss (38,627) (6,778) (75,382)
Other comprehensive loss      
Net unrealized loss on investments (38)
Total comprehensive loss for period (38,627) (6,778) (75,420)
Net loss attributable to:      
Owners of the Company (38,626) (6,767) (75,339)
Non-controlling interest (1) (11) (43)
Comprehensive loss attributable to:      
Owners of the Company (38,626) (6,767) (75,377)
Non-controlling interest $ (1) $ (11) $ (43)
Loss per share      
Loss per share, Basic $ (4) $ (5.72) $ (77.83)
Loss per share, Diluted $ (4) $ (5.72) $ (77.83)
Weighted average shares outstanding      
Weighted average shares outstanding, Basic 9,248 1,183 968
Weighted average shares outstanding, Diluted 9,248 1,183 968