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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Mar. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 2,047 $ 3,799
Prepaid expenses and other 295 147
Security deposit 100
TOTAL CURRENT ASSETS 2,342 4,046
Property and equipment, net 2,634 1,721
Right of use asset, net 1,223 1,478
TOTAL NON-CURRENT ASSETS 3,857 3,199
TOTAL ASSETS 6,199 7,245
CURRENT LIABILITIES    
Accounts payable 704 285
Accrued expenses 373 339
Short-term lease liabilities 362 355
TOTAL CURRENT LIABILITIES 1,439 979
LONG-TERM LIABILITIES    
Long-term lease liabilities 915 1,190
TOTAL LIABILITIES 2,354 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; 21,299 and 10,949 shares issued and outstanding as of December 31, 2023 and March 31, 2023, respectively 21 11
Additional paid-in capital 65,472 53,524
Accumulated deficit (61,648) (48,459)
TOTAL STOCKHOLDERS’ EQUITY 3,845 5,076
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 6,199 $ 7,245