v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Mar. 31, 2026
ASSETS    
Cash and cash equivalents $ 77,045 $ 67,212
Accounts receivable, net 2,507 4,237
Inventories 4,542 4,079
Prepaid expenses and other current assets ($301 and $281 from a related party) 5,698 3,659
Total current assets 89,792 79,187
Property and equipment, net 1,126 883
Operating lease right-of-use assets 7,933 8,264
Goodwill 7,978 7,978
Intangible assets, net 1,031 1,089
Deferred tax asset 443 329
Other assets 227 223
Total assets 108,530 97,953
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable ($24 and $87 to a related party) 4,111 3,614
Lease liabilities, current 1,359 1,488
Accrued expenses and other liabilities 4,331 4,094
Total current liabilities 9,801 9,196
Deferred tax liability 18 18
Lease liabilities, non-current 6,806 6,978
Total liabilities 16,625 16,192
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock: $0.001 par value authorized: 5,000,000 shares; issued and outstanding: none
Common Stock: $0.001 par value authorized: 150,000,000 shares; issued and outstanding: 38,372,073 and 36,602,040 shares, respectively 38 37
Additional paid-in capital 145,197 130,262
Accumulated other comprehensive loss (87) (87)
Retained deficit (53,243) (48,451)
Total stockholders' equity 91,905 81,761
Total liabilities and stockholders' equity $ 108,530 $ 97,953