v3.26.1
Fair Value Measurements (Tables)
3 Months Ended
Jun. 30, 2026
Fair Value Measurements [Abstract]  
Financial Assets and Liabilities Measured at Fair Value Recurring Basis
The following summarizes financial assets and liabilities measured at fair value, by level within the fair value hierarchy:
                                 
 
 
June 30, 2026  
 
March 31, 2026  
 
 

    Fair Value Measurements
Using Inputs Considered as
 

Fair Value Measurements
Using Inputs Considered as
 
   
Fair Value
   
Level 1
   
Level 2
   
Level 3
   
Fair Value
   
Level 1
   
Level 2
   
Level 3
 
Assets
                                       
Short-term investments
                                       
Mutual funds
 $2,279,000   $2,279,000   $   -    $   -    $2,028,000   $2,028,000   $   -    $   -  
Prepaid expenses and other current assets
                                       
Forward foreign currency exchange contracts
  768,000      -     768,000      -     852,000      -     852,000      -  
                                         
Liabilities
                                       
Other current liabilities
                                       
Deferred compensation
  2,279,000    2,279,000      -       -     2,028,000    2,028,000      -       -  
Convertible notes, related party
                                       
Compound Net Derivative Liability
  7,880,000      -       -     7,880,000    6,340,000      -       -     6,340,000 
Fair Value Assumptions
The following assumptions were used to determine the fair value of the Compound Net Derivative Liability:
 
         
   
June 30, 2026
   
March 31, 2026
 
Risk free interest rate
  4.15%   3.81%
Cost of equity
  18.80%   19.40%
Weighted average cost of capital
  14.70%   12.80%
Expected volatility of the Company's common stock
  47.04%   70.00%
EBITDA volatility
  40.00%   40.00%