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Income Taxes (Tables)

12 Months Ended

Mar. 31, 2025

Income Tax Disclosure [Abstract]

Summary of Reconciliation of Statutory Federal Rate and Effective Rate for Operations

A reconciliation of the statutory federal rate and the effective rate, for operations, is as follows for the years ended March 31, 2025 and 2024 (in thousands, except percentages):

	March 31, 2025							March 31, 2024
Tax computed at federal statutory rate	$	(522	)		21.0	%		$	(3,081	)		21.0	%
State income tax, net of federal benefit		(35	)		1.4	%			(110	)		0.7	%
Stock-based compensation		75			-3.0	%			721			-4.9	%
Research credits		—			0.0	%			—			0.0	%
Change in tax rate		(32	)		1.3	%			(62	)		0.4	%
Removal of net operating losses and research development credits		615			-24.7	%			1,910			-13.0	%
Uncertain tax positions		96			-3.9	%			111			-0.8	%
Other		(18	)		0.7	%			(14	)		0.1	%
Valuation allowance		(177	)		7.1	%			527			-3.6	%
Provision (benefit) for income taxes	$	2			-0.1	%		$	2			0.0	%

Summary of Net Deferred Tax Assets

Significant components of the Company’s net deferred tax assets are as follows as of March 31, 2025 and 2024 (in thousands, except percentages):

	March 31, 2025				March 31, 2024
Deferred tax assets:
Amortization	$	1			$	593
Section 174 R&D capitalization		2,380				1,793
Accrued expenses and reserves		132				105
Operating lease liability		207				307
Stock-based compensation		336				315
Inventory		—				259
Other, net		5				4
Total deferred tax assets		3,061				3,376
Valuation allowance		(2,807	)			(2,983	)
Net deferred tax assets	$	254			$	393
Deferred tax liabilities:
Operating lease right-of-use assets		(191	)			(286	)
Depreciation		(63	)			(107	)
Total deferred tax liabilities	$	(254	)		$	(393	)
	$	—			$	—

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- References

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

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