XML 15 R6.htm IDEA: XBRL DOCUMENT v3.23.3
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Cash Flows From Operating Activities        
Net loss $ (3,994) $ (3,321) $ (8,022) $ (6,536)
Adjustments to reconcile net loss to net cash used in operating activities:        
(Gain) loss on investment in equity securities 0 70 (12) 75
Accretion on investments     (103) (62)
Depreciation and amortization     138 104
Stock-based compensation 675 673 1,150 1,333
Increase (decrease) in cash resulting from changes in:        
Accounts receivable     97 0
Prepaid expenses and other assets     371 443
Accounts payable     104 26
Accrued expenses     (2,182) (27)
Operating lease right-of-use assets and liabilities, net     (1) 13
Net cash used in operating activities     (8,460) (4,631)
Cash Flows From Investing Activities        
Purchases of fixed assets     (42) (193)
Purchases of investments     (7,900) (9,893)
Maturities of investments     8,000 0
Purchases of equity securities     0 (1,061)
Sales of equity securities     0 368
Liquidation of equity securities     718 0
Net cash provided by (used in) investing activities     776 (10,779)
Cash Flows From Financing Activities        
Net cash provided by financing activities     0 0
Net decrease in cash, cash equivalents, and restricted cash     (7,684) (15,410)
Cash, cash equivalents, and restricted cash at beginning of period     15,444 28,818
Cash, cash equivalents, and restricted cash at end of period 7,760 13,408 7,760 13,408
Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets        
Cash and cash equivalents 7,617 13,265 7,617 13,265
Restricted cash 143 143 143 143
Cash, cash equivalents, and restricted cash at end of period $ 7,760 $ 13,408 7,760 13,408
Supplemental Disclosure of Cash Flow Information:        
Income taxes paid     $ 2 $ 2