v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities:    
Net loss $ (3,533) $ (3,819)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 64 131
Bad debt expense 175 78
Inventory reserve 65 (48)
Stock based compensation 67 134
Amortization of stock-based marketing services shares issued for services 25 199
Amortization of debt finance costs 59 755
Effect of changes in assets and liabilities:    
Accounts receivable, net 860 265
Inventories, net 141 228
Prepaid and other current assets 98 (260)
Operating lease right-of-use assets 47 19
Other non-current assets 74 (1)
Operating lease obligations 21 (19)
Trade payables (1,168) (272)
Accrued expenses (619) (1,824)
Deferred revenue 378 542
Net cash used in operating activities (3,246) (3,892)
Investing activities:    
Purchases of property and equipment (66)
Net cash used in investing activities (66)
Financing activities:    
Proceeds from issuance of common stock and warrants 2,000 2,538
Proceeds from line of credit – related party 860
Repayment of trade finance facilities (2,495)
Proceeds from short-term borrowings, net 1,330
Repayment of short-term borrowings (2,241)
Proceeds from note payable – related party 500
Payment of dividend on Series AA Convertible Preferred Stock (98)
Net cash provided by (used in) financing activities 2,860 (466)
Effect of exchange rate changes on cash 8 (165)
Net change in cash (444) (4,523)
Cash and cash equivalents – beginning of the period 1,151 7,509
Cash and cash equivalents – end of the period 707 2,986
Supplemental disclosures of cash flow information:    
Interest paid on borrowings 588
Supplemental disclosure of non-cash investing and financing activities:    
Fair value of warrants issued to lender and recorded as debt finance costs on line of credit from related parties 266
Recognition of offering costs included in trade payables 87
Recognition of debt discount on short-term borrowings 658
Fair value of shares issued in exchange for services to be received 62
Fair value of shares issued to extinguish Related Party Note 508
Recognition of operating lease right of use assets and lease obligations $ 18