XML 23 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Mar. 31, 2024
Current Assets    
Cash and cash equivalents $ 11,312,000 $ 2,901,000
Accounts receivable 30,000 33,000
Inventory 0 297,000
Prepaid expenses and other current assets 789,000 705,000
Total current assets 12,131,000 3,936,000
Fixed assets, net 419,000 669,000
Restricted cash 143,000 143,000
Operating lease right-of-use assets 867,000 1,299,000
Escrow receivable 1,000,000  
Prepaid expenses and other assets, net 90,000 302,000
Total assets 14,650,000 6,349,000
Current Liabilities    
Accounts payable 1,644,000 627,000
Accrued expenses 1,226,000 727,000
Insurance premium financing liability 128,000  
Liability to be settled in equity 218,000  
Operating lease liability, current portion 521,000 506,000
Total current liabilities 3,737,000 1,860,000
Operating lease liability, net of current portion 421,000 888,000
Total liabilities 4,158,000 2,748,000
Commitments and Contingencies (Note 9)
Stockholders' Equity    
Common stock, $0.001 par value; 200,000,000 shares authorized, 1,898,068 and 839,814 shares issued and outstanding at March 31, 2025 and 2024, respectively 2,000 1,000
Additional paid-in capital 352,648,000 343,270,000
Accumulated deficit (342,157,000) (339,669,000)
Treasury stock, 3 shares at cost (1,000) (1,000)
Total stockholders' equity 10,492,000 3,601,000
Total Liabilities and Stockholders' Equity $ 14,650,000 $ 6,349,000