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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Mar. 31, 2024
ASSETS    
Cash and cash equivalents $ 13,434 $ 14,429
Accounts receivable, net 3,169 3,118
Inventories 3,891 4,977
Prepaid expenses and other current assets ($375 and $375 from a related party) 2,961 1,954
Assets held for sale   5,629
Total current assets 23,455 30,107
Property and equipment, net 808 1,148
Operating lease right-of-use assets 9,547 1,553
Goodwill 7,978 7,978
Intangible assets, net 1,323 1,556
Deposits 206 122
Total assets 43,317 42,464
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable ($8 and $0 to a related party) 991 668
Lease liabilities, current 1,642 567
Accrued expenses and other liabilities 4,441 4,130
Total current liabilities 7,074 5,365
Deferred tax liability 16 14
Lease liabilities, non-current 8,001 955
Contingent consideration, non-current   160
Total liabilities 15,091 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: 25,605,973 and 25,300,372 shares, respectively 26 25
Additional paid-in capital 63,492 60,598
Accumulated other comprehensive loss (87) (87)
Retained deficit (35,205) (24,566)
Total stockholders' equity 28,226 35,970
Total liabilities and stockholders' equity $ 43,317 $ 42,464