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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Mar. 31, 2024
ASSETS    
Cash and cash equivalents $ 18,356 $ 14,429
Accounts receivable, net 2,411 3,118
Inventories 4,127 4,977
Prepaid expenses and other current assets ($375 and $375 from a related party) 1,724 1,954
Assets held for sale   5,629
Total current assets 26,618 30,107
Property and equipment, net 980 1,148
Operating lease right-of-use assets 10,166 1,553
Goodwill 7,978 7,978
Intangible assets, net 1,440 1,556
Deposits 212 122
Total assets 47,394 42,464
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable ($14 and $0 to a related party) 866 668
Lease liabilities, current 1,544 567
Accrued expenses and other liabilities 3,078 4,130
Total current liabilities 5,488 5,365
Deferred tax liability 15 14
Lease liabilities, non-current 8,556 955
Contingent consideration, non-current 51 160
Total liabilities 14,110 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: 25,485,510 and 25,300,372 shares, respectively 25 25
Additional paid-in capital 62,292 60,598
Accumulated other comprehensive loss (87) (87)
Retained deficit (28,946) (24,566)
Total stockholders' equity 33,284 35,970
Total liabilities and stockholders' equity $ 47,394 $ 42,464