XML 13 R6.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net loss $ (4,103) $ (20,590)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization expense 1,073 66
Amortization of debt issuance costs 0 70
Loss on dissenting shareholders' liability 1,103 0
Loss (gain) on disposal of property, plant, and equipment 9 10
Share-based compensation 373 44
Impairment of operating lease right-of-use assets 56 0
Gain on lease settlement (14) 0
Deferred income taxes 35 0
Provision for credit losses 2 0
Amortization of operating lease right-of-use assets 152 36
Changes in operating assets and liabilities, net of acquisition:    
Accounts receivable (18) 0
Materials and supplies (339) 0
Prepaid expenses and other assets (308) (27)
Accounts payable, accrued expenses, and other liabilities 1,178 (627)
Operating lease liabilities (152) (37)
Income taxes receivable 0 31
Cash provided by (used in) operating activities from discontinued operations (192) 22,059
Net cash (used in) provided by operating activities (1,145) 1,035
Cash flows from investing activities:    
Cash paid for acquisition of Amplex (18,364) 0
Payments for property, plant, and equipment (6,228) 0
Proceeds from the disposal of property, plant, and equipment 69 13
Net cash provided by investing activities from discontinued operations 39,006 35,440
Net cash provided by investing activities 14,483 35,427
Cash flows from financing activities:    
Proceeds from RUS Loan 615 0
Proceeds from Bank Equipment Financing Loans 226 0
Repurchase of dissenting shares (5,629) 0
Cash used in financing activities from discontinued operations 0 (29,100)
Net cash used in financing activities (4,788) (29,100)
Net increase in cash and cash equivalents 8,550 7,362
Cash, cash equivalents and restricted cash at beginning of period 18,982 454
Cash, cash equivalents and restricted cash at end of period 27,531 7,817
Total cash, cash equivalents and restricted cash at end of period 27,531 7,818
Reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets to the total amounts reported on the condensed consolidated statements of cash flows:    
Cash and cash equivalents at beginning of period 18,982 454
Restricted cash included in Prepaid expenses and other assets at beginning of period 0 0
Total cash, cash equivalents and restricted cash at beginning of period 27,531 7,817
Cash and cash equivalents at end of period 27,132 7,818
Restricted cash included in Prepaid expenses and other assets at end of period 399 0
Total cash, cash equivalents and restricted cash at end of period 27,531 7,817
Supplemental disclosure of cash flow information:    
Interest paid 0 975
Supplemental schedule of noncash investing and financing activities:    
Purchase of property, plant, and equipment included in accounts payable 774 0
Conversion of term loan advances into additional equity of controlled entity (Amplex) 754  
Additional investments in controlled entity (Amplex) 7,500 0
Redeemable noncontrolling interest redemption value in excess of carrying value deemed dividend 154 0
Transfer of finance receivables to repossessed assets $ 0 $ 14,034