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WARRANTS
6 Months Ended
Sep. 30, 2025
Warrants  
WARRANTS

9. WARRANTS

 

We issued 520,000 warrants in the three-months ended September 30, 2025 in connection with our September 5, 2025 offering. We issued 206,550 warrants in connection with the May 17, 2024 public offering during three-months ended June 2024.

 

A summary of warrant activity during the six months ended September 30, 2025 is presented below:

            
   Amount   Range of
Exercise
Price
   Weighted
Average
Exercise
Price
 
Warrants outstanding at March 31, 2025   235,711   $29.89 – 46.40   $35.54 
                
Granted   520,000    9.00    9.00 
Exercised      $   $ 
Cancelled/Expired   (22,793)  $46.40   $46.40 
Warrants outstanding at September 30, 2025   732,918   $9.00 – 46.40   $16.37 
Warrants exercisable at September 30, 2025   732,918   $9.00 – 46.40   $16.37