v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Net loss $ (1,338) $ (2,843)
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on change in fair value of common stock warrant liabilities (1,400) 0
Interest accretion on escrow receivable (2) (4)
Depreciation and amortization 40 61
Stock-based compensation 91 78
Non-cash lease expense 120 112
Increase (decrease) in cash resulting from changes in:    
Accounts receivable 3 (2)
Prepaid expenses and other assets 47 248
Accounts payable (400) (971)
Accrued expenses (243) (499)
Operating lease liabiliy (131) (120)
Net cash used in operating activities (3,213) (3,940)
Cash Flows from Investing Activities    
Purchases of fixed assets (23) 0
Net cash used in investing activities (23) 0
Cash Flows from Financing Activities    
Proceeds from issuance of common stock, net 0 1,811
Repayment of insurance premium financing liability (118) (128)
Net cash (used in) provided by financing activities (118) 1,683
Net decrease in cash, cash equivalents, and restricted cash (3,354) (2,257)
Cash, cash equivalents, and restricted cash at beginning of period 5,167 11,455
Cash, cash equivalents, and restricted cash at end of period 1,813 9,198
Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets    
Cash and cash equivalents 1,670 9,055
Restricted cash 143 143
Cash, cash equivalents, and restricted cash at end of period 1,813 9,198
Supplemental Disclosure of Cash Flow Information:    
Income taxes paid 3 0
Interest paid $ 4 $ 4