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Debt (Tables)
3 Months Ended
Jun. 30, 2025
Debt [Abstract]  
Convertible Debt
The Company’s Convertible Notes are comprised of the following:
 
        
   
June 30, 2025
    
March 31, 2025
 
Convertible Notes, related party
        
Principal amount of Convertible Notes
$38,730,000   $35,209,000 
Less: unamortized debt discount attributed to Compound Net Derivative Liability
 (6,271,000   (6,556,000
Less: unamortized debt discount attributed to debt issuance costs
 (875,000   (916,000
Carrying amount of the Convertible Notes
 31,584,000    27,737,000 
Plus: Compound Net Derivative Liability
 9,260,000    7,470,000 
Net carrying amount of Convertible Notes, related party
$40,844,000   $35,207,000 
Total Interest Expense Recognized Related to Convertible Notes
Interest expense related to the Convertible Notes is as follows:
 
          
   Three Months Ended
June 30,
 
   
2025
    
2024
 
Interest expense on Convertible Notes
        
Contractual interest expense
$968,000   $880,000 
Accretion of debt discount
 285,000    238,000 
Amortization of debt issuance costs
 41,000    33,000 
Total interest expense on Convertible Notes
$1,294,000   $1,151,000