XML 38 R24.htm IDEA: XBRL DOCUMENT v3.24.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]  
Schedule of property and equipment estimated useful lives Depreciation of property and equipment is computed using the straight-line method over the estimated useful lives of the assets as follows:

 

 

 

 

 

Equipment

5 years

Furniture and fixtures

7 years

Software

7 years

Leasehold improvements

Lesser of lease term or useful life (generally 6 - 7 years)

Schedule of computation of income per share Loss and income per share has been computed based on the following weighted average number of common shares outstanding:

 

 

 

Fiscal Year ended March 31,
(In thousands, except earnings
per share numbers)

 

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

Net loss per consolidated statements of operations

 

$

(20,801

)

 

$

(34,119

)

Percentage allocated to shareholders *

 

 

100.0

%

 

 

100.0

%

Numerator for basic and diluted loss per share

 

 

(20,801

)

 

 

(34,119

)

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Denominator for basic loss per share - weighted-average shares outstanding

 

 

7,283

 

 

 

7,330

 

Dilutive effect of stock options

 

 

 

 

 

 

Denominator for diluted loss per share

 

 

7,283

 

 

 

7,330

 

 

 

 

 

 

 

 

Per share loss from continuing operations

 

 

 

 

 

 

Basic

 

$

(2.86

)

 

$

(4.65

)

Diluted

 

$

(2.86

)

 

$

(4.65

)

 

 

 

 

 

 

 

*Basic weighted-average shares outstanding

 

 

7,283

 

 

 

7,330

 

Basic weighted-average shares outstanding and unvested restricted stock units expected to vest

 

 

7,283

 

 

 

7,330

 

Percentage allocated to shareholders

 

 

100.0

%

 

 

100.0

%