v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES    
Net income (loss) $ (28) $ 1,688
Adjustments to reconcile net income (loss) to cash used in operating activities:    
Share-based compensation 369 (276)
Amortization of intangible assets 269 269
Depreciation 503 498
Change in fair value of warrant liability (2,883) (5,323)
Changes in assets and liabilities:    
Accounts receivable 33 (61)
Prepaid expenses 7 7
Trade payables and other liabilities (611) (136)
Net cash used in operating activities (2,341) (3,334)
CASH USED IN INVESTING ACTIVITIES    
Purchase of equipment (2) (351)
Net cash used in investing activities (2) (351)
CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES    
Proceeds from private placement of shares and warrants 2,771 0
Share issuance costs (155) (27)
Payments for taxes withheld of vested stock awards (19) 0
Net cash provided by (used in) financing activities 2,597 (27)
Net change in cash 254 (3,712)
Beginning cash balance 9,187 10,737
Ending cash balance 9,441 7,025
Supplemental disclosures of non-cash transactions:    
Equipment purchases included in trade payables 0 3
Shares issuance costs included in trade payable and other liabilities 0 34
Private placement proceeds allocated to warrant liability $ 2,705 $ 679