v3.26.3
Equity (Tables)
3 Months Ended
Jun. 30, 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, 2026   3,176,500   $0.79    2.42   $— 
Options granted   —    —    —    — 
Options forfeited   (15,000)   0.75    —    — 
Outstanding as of June 30, 2026   3,161,500   $0.79    2.20   $— 
Exercisable as of June 30, 2026   1,607,350   $0.72    2.44   $— 
Schedule of Fair Value Assumptions

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

 

    June 30, 2026 
Volatility   36% - 75%
Risk-free rate   3.5% - 4.6%
Expected life (in years)   3 - 5 
Stock price  $0.75 - 0.83 
Exercise price  $0.75 - 0.83