v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Mar. 31, 2026
Current Assets    
Cash and cash equivalents $ 1,670,000 $ 5,024,000
Accounts receivable 29,000 32,000
Escrow receivable 1,016,000 1,014,000
Prepaid expenses and other current assets 511,000 557,000
Total current assets 3,226,000 6,627,000
Fixed assets, net 189,000 206,000
Restricted cash 143,000 143,000
Operating lease right-of-use assets 287,000 407,000
Prepaid expenses and other assets, net 2,000 3,000
Total assets 3,847,000 7,386,000
Current Liabilities    
Accounts payable 621,000 1,021,000
Accrued expenses 738,000 981,000
Insurance premium financing liability 0 118,000
Liability to be settled in equity 218,000 218,000
Operating lease liability, current portion 316,000 447,000
Total current liabilities 1,893,000 2,785,000
Common stock warrant liabilities 4,300,000 5,700,000
Total liabilities 6,193,000 8,485,000
Commitments and Contingencies (Note 6)
Stockholders' Deficit    
Common stock, $0.001 par value; 200,000,000 shares authorized, 3,194,295 and 2,894,519 shares issued and outstanding at June 30, 2026 and March 31, 2026, respectively 3,000 3,000
Additional paid-in capital 354,989,000 354,898,000
Accumulated deficit (357,338,000) (356,000,000)
Total stockholders' deficit (2,346,000) (1,099,000)
Total Liabilities and Stockholders' Deficit $ 3,847,000 $ 7,386,000