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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Mar. 31, 2025
ASSETS    
Cash and cash equivalents $ 25,326 $ 13,434
Accounts receivable, net 1,609 3,169
Inventories 3,634 3,891
Prepaid expenses and other current assets ($375 and $375 from a related party) 2,167 2,961
Total current assets 32,736 23,455
Property and equipment, net 936 808
Operating lease right-of-use assets 8,913 9,547
Goodwill 7,978 7,978
Intangible assets, net 1,206 1,323
Deposits 220 206
Total assets 51,989 43,317
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable ($17 and $8 to a related party) 1,190 991
Lease liabilities, current 1,602 1,642
Accrued expenses and other liabilities 3,168 4,441
Total current liabilities 5,960 7,074
Deferred tax liability 17 16
Lease liabilities, non-current 7,460 8,001
Total liabilities 13,437 15,091
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock: $0.001 par value authorized: 5,000,000 shares; issued and outstanding: none
Common Stock: $0.001 par value authorized: 150,000,000 shares; issued and outstanding: 30,229,703 and 25,605,973 shares, respectively 30 26
Additional paid-in capital 79,216 63,492
Accumulated other comprehensive loss (87) (87)
Retained deficit (40,607) (35,205)
Total stockholders' equity 38,552 28,226
Total liabilities and stockholders' equity $ 51,989 $ 43,317