Leases (Tables)

3 Months Ended

Jun. 30, 2025

Leases [Abstract]

Schedule of lease cost

The key components of the Company's operating leases expenses are included in general and administrative expenses on the condensed consolidated statements of operations and were as follows:

	Three Months Ended June 30,
(In thousands)		2025		2024
Operating lease expense		117		10
Short-term lease expense		-		3
Total lease cost	$	117	$	13

Schedule of right-of-use assets and lease liabilities for operating leases

Right-of-use assets and lease liabilities for operating leases were recorded in the condensed consolidated balance sheets as follows:

	(In thousands)
	June 30, 2025		March 31, 2025
Operating leases:
Operating lease right-of-use assets	$	2,894	$	2,963
Current portion of operating lease liabilities		291		286
Operating lease liabilities, net of current portion		2,612		2,685

Summary of future minimum lease payments under non-cancellable operating leases

Future minimum lease payments under non-cancelable operating leases as of June 30, 2025, are as follows:

(In thousands)
Remainder of FY 2026	$	368
FY 2027		468
FY 2028		455
FY 2029		413
FY 2030		412
Thereafter		1,833
Total minimum lease payments		3,949
Less: effects of discounting		(1,046	)
Present value of future minimum lease payments	$	2,903