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Debt (Tables)

6 Months Ended

Sep. 30, 2025

Debt [Abstract]

Convertible Debt

The Company’s Convertible Notes are comprised of the following:


			September 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			(5,972,000	)			(6,556,000	)
Less: unamortized debt discount attributed to debt issuance costs			(834,000	)			(916,000	)
Carrying amount of the Convertible Notes			31,924,000				27,737,000
Plus: Compound Net Derivative Liability			11,520,000				7,470,000
Net carrying amount of Convertible Notes, related party		$	43,444,000			$	35,207,000

Total Interest Expense Recognized Related to Convertible Notes

Interest expense related to the Convertible Notes is as follows:


	Three Months Ended September 30,								Six Months Ended September 30,
			2025				2024				2025				2024
Interest expense on Convertible Notes
Contractual interest expense		$	968,000			$	880,000			$	1,936,000			$	1,760,000
Accretion of debt discount			299,000				249,000				584,000				487,000
Amortization of debt issuance costs			41,000				35,000				82,000				68,000
Total interest expense on Convertible Notes		$	1,308,000			$	1,164,000			$	2,602,000			$	2,315,000