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Share-Based Compensation (Tables) | 3 Months Ended
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Jun. 30, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award | The following table presents the number of common shares issued under each of the Company's plans:
Plan Name |  | Common Shares Issued
2016 Employee Plan |  | 422,438 |
2015 Director Plan |  | 257,567 |
2022 Employee Plan |  | 679,773 |
2024 Omnibus Plan |  | 467,321 |
2024 Inducement Plan |  | 290,000 |
Schedule of Restricted Stock Awards | Restricted stock award activity in the three months ended June 30, 2025 was as follows:
| 2015 Director Plan Number of Shares |  | 2016 Employee Plan Number of Shares |  | 2022 Employee Plan Number of Shares |  | All Plans Number of Shares |  | Weighted-Average Grant Date Fair Value
Non-vested restricted stock outstanding at March 31, 2025 | 9,207 |  |  | 8,686 |  |  | — |  |  | 17,893 |  |  | $ | 21.39 |
Granted and issued | — |  |  | — |  |  | — |  |  | — |  |  | $ | — |
Vested | (1,166) |  |  | — |  |  | — |  |  | (1,166) |  |  | $ | 20.87 |
Forfeited | — |  |  | (947) |  |  | — |  |  | (947) |  |  | $ | 21.49 |
Non-vested restricted stock outstanding at June 30, 2025 | 8,041 |  |  | 7,739 |  |  | — |  |  | 15,780 |  |  | $ | 21.43 |
Schedule of RSU Activity | For the three months ended June 30, 2025, RSU activity under the 2022 Employee Plan, 2015 Director Plan, 2024 Omnibus Plan and 2024 Inducement Plan was as follows:
|  | 2015 Director Plan Number of Shares |  | 2022 Employee Plan Number of Shares |  | 2024 Omnibus Plan Number of Shares |  | 2024 Inducement Plan Number of Shares |  | All Plans Number of Shares |  | Weighted-Average Grant Date Fair Value Per RSU
Balance at March 31, 2025 |  | 22,316 |  | 568,416 |  | 321,022 |  | 290,000 |  | 1,201,754 |  | $ | 4.49 |
Granted |  | — |  | — |  | 3,527 |  | — |  | 3,527 |  | $ | 3.29 |
Vested and issued |  | (2,316) |  | (183,862) |  | — |  | — |  | (186,178) |  | $ | 4.17 |
Forfeited |  | — |  | (3,055) |  | (4,000) |  | — |  | (7,055) |  | $ | 7.43 |
Balance at June 30, 2025 |  | 20,000 |  | 381,499 |  | 320,549 |  | 290,000 |  | 1,012,048 |  | $ | 4.52 |
Schedule of PSU Activity | For the three months ended June 30, 2025, there was no PSU activity under the 2022 Employee Plan, 2015 Director Plan, and the 2024 Inducement plans. The activity under the 2024 Omnibus Plan was as follows:
|  | 2024 Omnibus Plan Number of Shares |  | Weighted-Average Grant Date Fair Value Per PSU
Balance at March 31, 2025 |  | 146,772 |  | $ | 3.47 |
Granted |  | – |  | $ | – |
Vested and issued |  | – |  | $ | – |
Forfeited |  | – |  | $ | – |
Balance at June 30, 2025 |  | 146,772 |  | $ | 3.47 |

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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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