Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 9,952	$ 3,799
Prepaid expenses and other	183	147
Security deposit	100	100
TOTAL CURRENT ASSETS	10,235	4,046
Property and equipment, net	2,036	1,721
Right of use asset, net	1,395	1,478
TOTAL NON-CURRENT ASSETS	3,431	3,199
TOTAL ASSETS	13,666	7,245
CURRENT LIABILITIES
Accounts payable	473	285
Accrued expenses	198	339
Short-term lease liabilities	339	355
TOTAL CURRENT LIABILITIES	1,010	979
LONG-TERM LIABILITIES
Long-term lease liabilities	1,100	1,190
TOTAL LIABILITIES	2,110	2,169
Commitments and Contingencies (Note 7)
STOCKHOLDERS’ EQUITY
Preferred Stock, $0.001 par value, 5,000 shares authorized, none issued and outstanding
Common Stock, $0.001 par value, 50,000 shares authorized; 21,095 and 10,949 shares issued and outstanding as of June 30, 2023 and March 31, 2023, respectively	21	11
Additional paid-in capital	63,731	53,524
Accumulated deficit	(52,196)	(48,459)
TOTAL STOCKHOLDERS’ EQUITY	11,556	5,076
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 13,666	$ 7,245

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- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).