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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Mar. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 5,316 $ 13,095
Prepaid expenses and other 631 422
TOTAL CURRENT ASSETS 5,947 13,517
Property and equipment, net 6,459 4,453
Right of use asset, net 568 765
TOTAL ASSETS 12,974 18,735
CURRENT LIABILITIES    
Accounts payable 2,879 338
Accrued expenses 715 504
Short-term lease liabilities 450 423
TOTAL CURRENT LIABILITIES 4,044 1,265
Long-term lease liabilities 161 393
TOTAL LIABILITIES 4,205 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; 61,171 and 53,706 shares issued and outstanding as of September 30, 2025 and March 31, 2025, respectively 61 54
Additional paid-in capital 107,515 101,776
Common stock issuable 438
Accumulated deficit (99,245) (84,753)
TOTAL STOCKHOLDERS’ EQUITY 8,769 17,077
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 12,974 $ 18,735