Income Taxes (Tables)

12 Months Ended

Mar. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of components of income tax expense benefit

	For the Fiscal Year Ended March 31,
	2023		2022
Federal:
Current	$	—	$	—
Deferred		—		(672	)
Total federal	$	—	$	(672	)
State:
Current	$	12	$	100
Deferred		—		(216	)
Total state	$	12	$	(116	)
Foreign:
Current	$	107	$	—
Deferred		—		—
Total foreign		107		—
Income tax expense (benefit)	$	119	$	(788	)

Schedule of net deferred tax

Net deferred taxes consisted of the following (in thousands):

	As of March 31,
	2023			2022
Deferred tax assets:
Net operating loss carryforwards	$	18,318		$	15,853
Stock-based compensation		3,246			2,391
Intangibles		4,800			5,247
Accrued liabilities		908			1,216
Allowance for doubtful accounts		—			865
Investments		4,344			3,797
Nondeductible interest expense		3,479			3,654
Other		750			326
Total deferred tax assets before valuation allowance		35,845			33,349
Less: Valuation allowance		(35,755	)		(33,212	)
Total deferred tax assets after valuation allowance	$	90		$	137
Deferred tax liabilities:
Depreciation and amortization	$	(90	)	$	(137	)
Total deferred tax liabilities		(90	)		(137	)
Net deferred tax	$	—		$	—

Schedule of united states statutory federal tax rate and our effective tax rate

The differences between the U.S. statutory federal tax rate and our effective tax rate are as follows:

	For the Year Ended March 31,
	2023			2022
Provision at the U.S. statutory federal tax rate		21.0	%		21.0	%
State income taxes, net of federal benefit		8.0	%		(83.7	)%
Change in valuation allowance		(27.8	)%		137.0	%
Non-deductible expenses		(8.3	)%		31.5	%
Executive officer compensation limitation – Section 162(m)		(2.0	)%		2.8	%
PPP loan forgiveness		—			(30.9	)%
Losses from non-consolidated entities		7.9	%		(131.1	)%
Other		(0.1	)%		0.2	%
Income tax benefit (expense)		(1.3	)%		(53.2	)%