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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows From Operating Activities    
Net loss $ (17,259) $ (11,448)
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on investment in equity securities (29) 0
Loss on disposal of fixed assets 9 0
Accretion on investments (105) 0
Depreciation and amortization 293 142
Stock-based compensation 2,377 2,256
Increase (decrease) in cash resulting from changes in:    
Accounts receivable (152) 0
Prepaid expenses and other assets 177 384
Accounts payable (148) 134
Accrued expenses 2,359 49
Operating right-of-use asset and lease liability, net 70 30
Net cash used in operating activities (12,408) (8,453)
Cash Flows From Investing Activities    
Purchases of fixed assets (396) (409)
Purchases of investments (9,893) 0
Maturities of investments 10,000 0
Purchases of equity securities (1,061) 0
Proceeds from sales of equity securities 384 0
Net cash used in investing activities (966) (409)
Cash Flows From Financing Activities    
Proceeds from issuance of common stock, net 0 251
Employee taxes paid related to net share settlement of equity awards 0 (46)
Net cash provided by financing activities 0 205
Net Decrease in Cash, Cash Equivalents, and Restricted Cash (13,374) (8,657)
Cash, cash equivalents, and restricted cash at beginning of period 28,818 37,475
Cash, cash equivalents, and restricted cash at end of period 15,444 28,818
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets    
Cash and cash equivalents 15,301 28,675
Restricted cash 143 143
Cash, cash equivalents, and restricted cash at end of period 15,444 28,818
Supplemental Disclosure of Cash Flow Information:    
Income taxes paid 2 2
Operating lease liabilities arising from obtaining right-of-use assets 0 2,301
Purchases of fixed assets in accounts payable $ 64 $ 0