XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Mar. 31, 2022
Current Assets    
Cash and cash equivalents $ 8,409 $ 12,894
Restricted cash 240 260
Accounts receivable, net 13,658 13,687
Inventories 2,596 2,599
Prepaid expense and other current assets 2,823 1,868
Total Current Assets 27,726 31,308
Property and equipment, net 3,325 4,688
Goodwill 23,379 23,379
Intangible assets, net 11,035 16,720
Other assets 423 728
Total Assets 65,888 76,823
Current Liabilities    
Accounts payable and accrued liabilities 22,772 45,418
Accrued royalties 12,826 13,530
Notes payable, current portion 15 12
Bridge loan 4,726
Deferred revenue 992 1,157
Derivative liabilities 3,148
Total Current Liabilities 44,479 60,117
Senior secured convertible notes, net 13,650
Unsecured convertible notes, net - related party 5,879
Senior secured revolving line of credit, net 7,000 6,965
Notes payable, net 148 148
Lease liabilities, noncurrent 161 468
Derivative liabilities, noncurrent 376
Other long-term liabilities 9,578 174
Deferred income taxes 332 338
Total Liabilities 62,074 87,739
Commitments and Contingencies
Mezzanine Equity    
Redeemable convertible preferred stock, $0.001 par value; 10,000,000 shares authorized; 5,000 and no shares issued and outstanding as of March 31, 2023 and 2022, respectively 4,827
Stockholders’ Equity (Deficit)    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 16,177 and no shares issued and outstanding as of March 31, 2023 and 2022, respectively 16,177
Common stock, $0.001 par value; 500,000,000 shares authorized; 89,632,161 issued and 87,441,247 outstanding at March 31, 2023; 82,546,189 shares issued and outstanding at March 31, 2022 90 83
Additional paid in capital 209,151 202,854
Treasury stock (2,162)
Accumulated deficit (224,269) (213,853)
Total stockholders’ deficit (1,013) (10,916)
Total Liabilities, Mezzanine Equity and Stockholders’ Deficit $ 65,888 $ 76,823