Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Mar. 31, 2024
CURRENT ASSETS
Cash and cash equivalents	$ 6,986	$ 9,232
Prepaid expenses and other	345	465
TOTAL CURRENT ASSETS	7,331	9,697
Property and equipment, net	3,958	2,975
Right of use asset, net	860	1,135
TOTAL ASSETS	12,149	13,807
CURRENT LIABILITIES
Accounts payable	522	802
Accrued expenses	451	280
Short-term lease liabilities	410	373
TOTAL CURRENT LIABILITIES	1,383	1,455
Long-term lease liabilities	504	817
TOTAL LIABILITIES	1,887	2,272
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, 100,000 shares authorized; 40,665 and 32,464 shares issued and outstanding as of December 31, 2024 and March 31, 2024, respectively	41	32
Additional paid-in capital	90,047	77,432
Accumulated deficit	(79,826)	(65,929)
TOTAL STOCKHOLDERS’ EQUITY	10,262	11,535
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 12,149	$ 13,807

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).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).