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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
ASSETS    
Cash and cash equivalents $ 22,725 $ 13,434
Accounts receivable, net 1,587 3,169
Inventories 3,763 3,891
Prepaid expenses and other current assets ($375 and $375 from a related party) 3,012 2,961
Total current assets 31,087 23,455
Property and equipment, net 722 808
Operating lease right-of-use assets 9,232 9,547
Goodwill 7,978 7,978
Intangible assets, net 1,264 1,323
Deposits 222 206
Total assets 50,505 43,317
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable ($16 and $8 to a related party) 743 991
Lease liabilities, current 1,615 1,642
Accrued expenses and other liabilities 3,014 4,441
Total current liabilities 5,372 7,074
Deferred tax liability 16 16
Lease liabilities, non-current 7,743 8,001
Total liabilities 13,131 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: 29,090,626 and 25,605,973 shares, respectively 29 26
Additional paid-in capital 74,854 63,492
Accumulated other comprehensive loss (87) (87)
Retained deficit (37,422) (35,205)
Total stockholders' equity 37,374 28,226
Total liabilities and stockholders' equity $ 50,505 $ 43,317