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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Mar. 31, 2025
ASSETS    
Cash and cash equivalents $ 70,672 $ 13,434
Accounts receivable, net 2,832 3,169
Inventories 3,876 3,891
Prepaid expenses and other current assets ($375 and $375 from a related party) 1,933 2,961
Total current assets 79,313 23,455
Property and equipment, net 903 808
Operating lease right-of-use assets 8,590 9,547
Goodwill 7,978 7,978
Intangible assets, net 1,147 1,323
Other assets 529 206
Total assets 98,460 43,317
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable ($0 and $8 to a related party) 1,015 991
Lease liabilities, current 1,562 1,642
Accrued expenses and other liabilities 5,036 4,441
Total current liabilities 7,613 7,074
Deferred tax liability 17 16
Lease liabilities - non-current 7,210 8,001
Total liabilities 14,840 15,091
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock: $0.001 par value authorized: 5,000,000 shares; issued and outstanding: none
Common Stock: $0.001 par value authorized: 150,000,000 shares; issued and outstanding: 36,186,203 and 25,605,973 shares, respectively 36 26
Additional paid-in capital 127,298 63,492
Accumulated other comprehensive loss (87) (87)
Retained deficit (43,627) (35,205)
Total stockholders' equity 83,620 28,226
Total liabilities and stockholders' equity $ 98,460 $ 43,317