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Stock-Based Compensation (Tables)

6 Months Ended

Sep. 30, 2025

Stock-Based Compensation [Abstract]

Schedule of Weighted-Average Grant Date Fair Value of Options Granted

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

		Three Months Ended September 30,				Six Months Ended September 30,
		2025		2024		2025		2024
Risk-free interest rates		3.7% - 4.1%		3.4% - 4.1%		3.7% - 4.1%		3.5% - 4.4%
Volatility		102% - 106%		114% -117%		102% - 107%		114% - 123%
Expected life (years)		5.0 – 5.7		5.0 – 5.7		5.0 – 5.7		5.0 – 5.7
Expected dividend %		—		—		—		—

Schedule of Shares Available for Grant Under the Plan

The following table summarizes the activity in the shares available for grant under the Plan during the six months ended September 30, 2025:

						Options Outstanding
										Weighted
		Shares								Average
		Available				Number of				Exercise
		for Grant				Shares				Prices
Balance at March 31, 2025			5,397,872				4,917,090			$	3.17
Share awards			(6,375	)			—				0.68
Options granted			(2,291,172	)			2,291,172				0.93
Options cancelled and returned to the Plan			8,056				(8,056	)			1.52
Balance at June 30, 2025			3,108,381				7,200,206			$	2.46
Share awards			(6,375	)			—				0.70
Options granted			(139,375	)			139,375				0.71
Options cancelled and returned to the Plan			110,555				(110,555	)			1.13
Balance at September 30, 2025			3,073,186				7,229,026			$	2.44

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
Non-vested shares at March 31, 2025			104,168			$	0.91
Vested			(20,833	)		$	0.91
Non-vested shares at June 30, 2025			83,335			$	0.91
Vested			(20,834	)		$	0.91
Non-vested shares at September 30, 2025			62,501			$	0.91

Schedule of Outstanding and Exercisable Options

The following table summarizes the range of outstanding and exercisable options as of September 30, 2025:

		Options Outstanding												Options Exercisable
						Weighted
						Average
						Remaining				Weighted								Weighted
						Contractual				Average								Average				Aggregate
		Number				Life				Exercise				Number				Exercise				Intrinsic
Range of Exercise Price		Outstanding				(in Years)				Price				Exercisable				Price				value
$0.68 - $2.28			5,796,752				8.42			$	1.27				2,712,909			$	1.53			$	795
$3.95 - $7.51			933,145				5.69			$	5.30				933,145			$	5.30				—
$8.61 - $17.70			499,129				5.73			$	10.56				499,129			$	10.56				—
$0.68 - $17.70			7,229,026				7.88			$	2.44				4,145,183			$	3.47			$	795

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- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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