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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
ASSETS    
Cash and cash equivalents $ 21,765 $ 14,429
Accounts receivable, net 2,718 3,118
Inventories 4,467 4,977
Prepaid expenses and other current assets ($375 and $375 from a related party) 2,143 1,954
Assets held for sale   5,629
Total current assets 31,093 30,107
Property and equipment, net 1,076 1,148
Operating lease right-of-use assets 10,471 1,553
Goodwill 7,978 7,978
Intangible assets, net 1,498 1,556
Deposits 211 122
Total assets 52,327 42,464
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable ($6 and $0 to a related party) 653 668
Lease liabilities, current 1,528 567
Accrued expenses and other liabilities 3,241 4,130
Total current liabilities 5,422 5,365
Deferred tax liability 14 14
Lease liabilities, non-current 8,815 955
Contingent consideration, non-current 74 160
Total liabilities 14,325 6,494
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: 25,446,380 and 25,300,372 shares, respectively 25 25
Additional paid-in capital 61,552 60,598
Accumulated other comprehensive loss (87) (87)
Retained deficit (23,488) (24,566)
Total stockholders' equity 38,002 35,970
Total liabilities and stockholders' equity $ 52,327 $ 42,464