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INVENTORY
3 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]

NOTE 3 INVENTORY

 

   (in thousands) 
   As of
June 30,
2025
($)
   As of
March 31,
2025
($)
 
Raw materials   1,078    1,104 
Finished goods   271    256 
Total   1,349    1,360 

 

During the three months ended June 30, 2025, and 2024, the Company wrote off approximately $3 thousand and $26 thousand of inventory due to abnormal loss, NRV adjustment, product expiration, idle facility expense, freight, handling costs, scrap, and wasted material (spoilage). This charge was recorded in Selling, general, and administrative Expenses.

 

We capitalize inventory costs related to our investigational drug, provided that management determines there is a potential alternative use for the inventory in future research and development projects or other purposes. As of June 30, 2025, and March 31, 2025, our consolidated balance sheet reported approximately $392 thousand clinical trial-related inventory, respectively.