v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Mar. 31, 2026
Current Assets:    
Cash and cash equivalents $ 68,777,371 $ 68,103,395
Accounts receivable, net of allowance for credit losses of $2,343,518 as of June 30, 2026 and $2,362,847 as of March 31, 2026 9,504,489 10,361,158
Prepaid expenses and other current assets 3,935,286 3,523,921
Total Current Assets 82,217,146 81,988,474
Property and equipment, net 6,903,818 6,927,868
Other Assets:    
Other noncurrent assets 429,830 465,247
Intangible assets, net 83,869,482 86,890,053
Goodwill 90,870,094 90,870,094
Right of use assets - operating leases 283,638 342,034
TOTAL ASSETS 264,574,008 267,483,770
Current Liabilities:    
Accounts payable 14,380,740 15,743,606
Accrued liabilities 2,215,790 4,241,349
Current portion of operating lease liability 511,438 515,579
Total Current Liabilities 17,342,268 20,720,534
Long-term Liabilities:    
Operating lease liability, net of current portion 498,445 616,904
Other noncurrent liabilities 1,145,833
Total Liabilities 28,619,029 32,528,667
Contingencies (Note 14)
Shareholders' Equity:    
Series A cumulative perpetual preferred stock 8.75%, ($25.00 per share, $0.001 par value) 1,400,000 shares issued and outstanding as of June 30, 2026 and March 31, 2026 1,400 1,400
Common stock, $0.001 par value, 200,000,000 shares authorized; 119,479,220 and 119,346,452 shares issued and 116,015,388 and 116,902,624 shares outstanding at June 30, 2026 and March 31, 2026, respectively 116,018 116,905
Additional paid-in capital 455,124,157 454,877,083
Accumulated deficit (207,645,232) (210,453,668)
Treasury stock, at cost (11,641,364) (9,586,617)
Total Shareholders’ Equity 235,954,979 234,955,103
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 264,574,008 267,483,770
Other Intangible Assets [Member]    
Other Assets:    
Intangible assets, net 83,869,482 86,890,053
Related Party [Member]    
Current Liabilities:    
Notes payable - related parties, current maturities 234,300
Long-term Liabilities:    
Notes payable - related parties, net of debt discounts of $1,913,216 as of June 30, 2026 and $1,963,771 as of March 31, 2026 $ 9,632,483