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Stock-Based Compensation (Tables)

3 Months Ended

Jun. 30, 2024

Stock-Based Compensation [Abstract]

Schedule of Assumptions were used in the Fair-Value Method

The following assumptions were used in the fair-value method calculations:

		Three Months Ended June 30,
		2024			2023
Risk-free interest rates		4.33% -  4.43%			3.51% - 4.13%
Volatility		118% - 123%			83% - 152%
Expected life (years)		5.0 - 5.7			5.0 - 6.1

Schedule of Summarizes the Activity in the Shares

The following table summarizes the activity in the shares available for grant under the Plan during the three months ended June 30, 2024:

						Options Outstanding
										Weighted
		Shares								Average
		Available				Number of				Exercise
		for Grant				Shares				Prices
Balance at March 31, 2024			3,648,651				3,689,341			$	3.70
Share awards			(3,875	)			—				1.56
Options granted			(682,375	)			682,375				1.52
Options exercised			—				(7,530	)			1.08
Options cancelled and returned to the Plan			42,230				(42,230	)			2.62
Balance at June 30, 2024			3,004,631				4,321,956			$	3.36

Schedule of RSU Activity under the Plan

A summary of restricted stock unit (RSU) activity under the Plan is presented below.

						Weighted Average
		Number of Shares				Grant-Date Fair Value
Balance at March 31, 2024			187,499			$	0.91
Vested			(20,832	)		$	0.91
Non-vested shares at June 30, 2024			166,667			$	0.91

Schedule of Outstanding and Exercisable Options

The following table summarizes the range of outstanding and exercisable options as of June 30, 2024:

		Options Outstanding												Options Exercisable
Range of Exercise Price		Number Outstanding				Weighted Average Remaining Contractual Life (in Years)				Weighted Average Exercise Price				Number Exercisable				Weighted Average Exercise Price				Aggregate Intrinsic value
$0.93 - $2.00			2,872,922				8.46			$	1.49				1,564,467			$	1.51			$	369,936
$3.95 - $7.51			940,367				6.94			$	5.29				807,756			$	5.46				—
$8.61 - $17.70			508,667				6.98			$	10.53				485,934			$	10.53				—
$0.93 - $17.70			4,321,956				7.96			$	3.38				2,858,157			$	4.16				—

X

- Definition

Tabular disclosure of assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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