v3.26.3
Equity (Tables)
12 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Employee and Non-employee Option Activity

The following table summarizes the Company’s employee and non-employee Option activity under the Equity Plan for the following periods:

 

   Number of shares   Weighted average exercise price   Weighted average remaining term (years)   Aggregate intrinsic value (in thousands) 
Outstanding as of March 31, 2024  —   —   —   — 
Options granted   3,236,500    0.86    —    — 
Forfeited   20,000    0.75    —    — 
Outstanding as of March 31, 2025   3,216,500    0.79    3.44    — 
Options granted   —    —    —    — 
Forfeited   40,000    0.75    —    — 
Outstanding as of March 31, 2026   3,176,500    0.79    2.42    — 
Exercisable as of March 31, 2026   1,573,600    0.73    2.68    — 
Schedule of Fair Value Assumptions

The assumptions used to calculate the fair value of the options are summarized as follows:

 

   March 31, 2026 
Volatility   36% - 75%
Risk-free rate   3.5% - 4.6%
Expected life (in years)   3 - 5 
Stock price  $0.75 - 0.88 
Exercise price  $0.75 - 0.88