v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Mar. 31, 2026
Current assets:    
Cash and cash equivalents $ 5,338 $ 2,399
Accounts receivable, net 3,182 2,527
Inventories, net 3,786 3,651
Prepaid expenses and other current assets 3,962 3,523
Total current assets 16,268 12,100
Property and equipment, net 290 310
Operating lease, right of use assets 578 602
Deferred tax asset, net 905 884
Other assets 66 64
Total assets 18,107 13,960
Current liabilities:    
Accounts payable 2,191 1,923
Accrued expenses and other current liabilities 2,674 2,252
Deferred revenue 282 284
Short-term debt 140 222
Operating lease liabilities, current portion 160 151
Total current liabilities 5,447 4,832
Withholding tax payable 5,627 5,564
Operating lease liabilities, less current portion 439 469
Total liabilities 11,513 10,865
Commitments and Contingencies (Note 5)  
Stockholders’ Equity:    
Convertible preferred stock, $0.0001 par value; 714,286 shares authorized at June 30, 2026 and March 31, 2026, respectively, no shares issued and outstanding at June 30, 2026 and March 31, 2026 0 0
Common stock, $0.0001 par value; 50,000,000 shares authorized at June 30, 2026 and March 31, 2026, 4,785,801 and 1,799,057 shares issued and outstanding at June 30, 2026 and March 31, 2026, respectively 0 0
Additional paid-in capital 210,913 207,319
Accumulated deficit (201,311) (200,981)
Accumulated other comprehensive loss (3,008) (3,243)
Total stockholders’ equity 6,594 3,095
Total liabilities and stockholders’ equity $ 18,107 $ 13,960