Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2025	Mar. 31, 2025
CURRENT ASSETS
Cash and cash equivalents	$ 7,522	$ 13,095
Prepaid expenses and other	770	422
TOTAL CURRENT ASSETS	8,292	13,517
Property and equipment, net	5,212	4,453
Right of use asset, net	667	765
TOTAL ASSETS	14,171	18,735
CURRENT LIABILITIES
Accounts payable	1,067	338
Accrued expenses	546	504
Short-term lease liabilities	437	423
TOTAL CURRENT LIABILITIES	2,050	1,265
Long-term lease liabilities	278	393
TOTAL LIABILITIES	2,328	1,658
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; 55,275 and 53,706 shares issued and outstanding as of June 30, 2025 and March 31, 2025, respectively	55	54
Additional paid-in capital	103,243	101,776
Accumulated deficit	(91,455)	(84,753)
TOTAL STOCKHOLDERS’ EQUITY	11,843	17,077
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 14,171	$ 18,735

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).