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v3.26.1

Consolidated Statements of Operations and Other Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Mar. 31, 2026 | Mar. 31, 2025 | Mar. 31, 2024
Profit or loss [abstract] |  |  |
Revenues | $ 97 |  |
Expenses |  |  |
Research and development | 2,801 | 3,129 | 12,535
General and administrative expenses | 20,199 | 4,254 | 5,664
Depreciation and amortization expense | 193 | 35 | 54
Loss from operations | (23,096) | (7,418) | (18,253)
Change in fair value of warrant liability | 2,883 | (388) | 6,868
Change in fair value of deferred purchase price payable - Tarus and deferred obligation - iOx milestone |  |  | 11,305
Change in fair value of put rights, net of redemptions | (5,959) |  |
Loss on revaluation of digital assets | (1,411) |  |
Loss on revaluation of digital asset receivables | (1,497) |  |
Realized loss on sale of digital assets | (1,700) |  |
Realized loss on novation of digital assets to investor | (676) |  |
Gain on settlement with Parexel - iOx CRO |  | 946 |
Loss on Registered Direct Offering |  |  | (2,432)
Offering costs |  |  | (662)
Impairment loss - iOx IPR&D |  |  | (57,890)
Impairment loss - Tarus IPR&D |  |  | (23,615)
Impairment loss - Stimunity |  |  | (1,002)
Impairment loss - Saugatuck |  |  | (178)
Commitment fee under Committed Purchase Agreement |  |  | (839)
Gain on dissolution of investment in associate |  |  | 27
Gain from sale of investment in public company |  |  | 725
Impairment loss - investment in Compedica | (4,804) |  |
Loss on revaluation of investment in Compedica | (182) |  |
Change in fair value of TON payable to settle put rights exercised | 51 |  |
Gain on settlement of TON payable | 336 |  |
Loss on settlement of put right liability | (916) |  |
Foreign exchange transaction (loss) gain | (1) | (7) | 7
Interest (expense) income, net | (1,014) | 86 | 242
Gain on extinguishment of debt | 255 |  |
Share of losses from equity method investment | (44) |  | (233)
Loss before benefit for income taxes | (38,627) | (6,781) | (85,930)
Income tax benefit |  | 3 | 10,548
Net loss | (38,627) | (6,778) | (75,382)
Other comprehensive loss |  |  |
Net unrealized loss on investments |  |  | (38)
Total comprehensive loss for period | (38,627) | (6,778) | (75,420)
Net loss attributable to: |  |  |
Owners of the Company | (38,626) | (6,767) | (75,339)
Non-controlling interest | (1) | (11) | (43)
Comprehensive loss attributable to: |  |  |
Owners of the Company | (38,626) | (6,767) | (75,377)
Non-controlling interest | $ (1) | $ (11) | $ (43)
Loss per share |  |  |
Loss per share, Basic | $ (4) | $ (5.72) | $ (77.83)
Loss per share, Diluted | $ (4) | $ (5.72) | $ (77.83)
Weighted average shares outstanding |  |  |
Weighted average shares outstanding, Basic | 9,248 | 1,183 | 968
Weighted average shares outstanding, Diluted | 9,248 | 1,183 | 968

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