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Business Segment Information (Tables)
12 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Summary of R&D Segment Revenues

R&D segment revenues consisted of the following (in thousands):

 

Year Ended

 

 

Year Ended

 

 

March 31, 2024

 

 

March 31, 2023

 

R&D

 

 

 

 

 

Royalty revenue

$

109

 

 

$

370

 

Mosaic

 

 

 

 

 

Product revenue

 

 

 

 

 

Total segment revenue

$

109

 

 

$

370

 

Total company revenue

$

109

 

 

$

370

 

Summary of Operating Segment Expenses

Operating segment expenses consisted of the following (in thousands):

 

Year Ended

 

 

Year Ended

 

 

March 31, 2024

 

 

March 31, 2023

 

R&D

$

4,404

 

 

$

8,885

 

Mosaic

 

1,094

 

 

 

 

Total segment operating expenses

$

5,498

 

 

$

8,885

 

Selling, general, and administrative expenses

 

9,697

 

 

 

9,216

 

Total company operating expenses

$

15,195

 

 

$

18,101

 

Summary of Operating Segment Assets

Operating segment assets consisted of the following (in thousands):

 

March 31, 2024

 

 

March 31, 2023

 

R&D

 

 

 

 

 

Fixed assets, net

$

423

 

 

$

902

 

Mosaic

 

 

 

 

 

Fixed assets, net

 

183

 

 

 

 

Inventory

 

297

 

 

 

 

Total segment assets

$

903

 

 

$

902

 

Other company assets

 

5,446

 

 

 

19,411

 

Total company assets

$

6,349

 

 

$

20,313