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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Mar. 31, 2023
Current Assets    
Cash and cash equivalents $ 4,990 $ 8,409
Restricted cash 240 240
Accounts receivable, net 15,997 13,658
Inventories 2,446 2,596
Prepaid expense and other current assets 3,154 2,823
Total Current Assets 26,827 27,726
Property and equipment, net 3,144 3,325
Goodwill 23,379 23,379
Intangible assets, net 10,788 11,035
Other assets 253 423
Total Assets 64,391 65,888
Current Liabilities    
Accounts payable and accrued liabilities 25,947 22,772
Accrued royalties 12,381 12,826
Notes payable, current portion 14 15
Deferred revenue 969 992
Senior secured line of credit 7,000
Bridge loan 2,711 4,726
Derivative liabilities 1,839 3,148
Total Current Liabilities 50,861 44,479
Senior secured line of credit   7,000
Notes payable, net 148 148
Lease liabilities, noncurrent 80 161
Derivative liabilities, noncurrent 859 376
Other long-term liabilities 9,574 9,578
Deferred income taxes 332 332
Total Liabilities 61,854 62,074
Commitments and Contingencies
Mezzanine Equity    
Redeemable convertible preferred stock, $0.001 par value; 10,000,000 shares authorized; 21,573 and 21,177 shares issued and outstanding as of June 30, 2023 and March 31, 2023, respectively 4,827 4,827
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 16,177 shares issued and outstanding as of June 30, 2023 and March 31, 2023, respectively 16,177 16,177
Common stock, $0.001 par value; 500,000,000 shares authorized; 90,063,149 and 89,632,161 shares issued and outstanding, respectively 90 88
Additional paid in capital 210,028 209,151
Treasury stock (3,175) (2,162)
Accumulated deficit (225,410) (224,269)
Total stockholders’ deficit (2,290) (1,013)
Total Liabilities, Mezzanine Equity and Stockholders’ Equity (Deficit) $ 64,391 $ 65,888