Supplemental Financial Information (Tables)

12 Months Ended

Mar. 31, 2016

Fair Value Disclosures [Abstract]

Schedule of quarterly financial information

Quarterly Results of Operations (Unaudited)

 (in thousands, except share and per share amounts) 

	Three Months Ended
	June 30,			September 30,			December 31,			March 31,			Total Fiscal
	2015			2015			2015			2016			Year 2016
Operating expenses:
Research and development	$	373		$	1,656		$	806		$	1,097		$	3,932
General and administrative		1,448			3,731			1,336			7,404			13,919
Total operating expenses		1,821			5,387			2,142			8,501			17,851
Loss from operations		(1,821	)		(5,387	)		(2,142	)		(8,501	)		(17,851	)
Other expenses, net:
Interest expense, net		(755	)		(12	)		(3	)		(1	)		(771	)
Change in warrant liabilities		(1,895	)		-			-			-			(1,895	)
Loss on extinguishment of debt		(25,051	)		(1,649	)		-			-			(26,700	)
Other expense, net		-			-			(2	)		-			(2	)
Loss before income taxes		(29,522	)		(7,048	)		(2,147	)		(8,502	)		(47,219	)
Income taxes		(2	)		-			-			-			(2	)
Net loss		(29,524	)		(7,048	)		(2,147	)		(8,502	)		(47,221	)
Accrued dividend on Series B Preferred stock		(213	)		(615	)		(631	)		(681	)		(2,140	)
Deemed dividend on Series B Preferred stock		(256	)		(887	)		(669	)		(246	)		(2,058	)
Net loss attributable to common stockholders	$	(29,993	)	$	(8,550	)	$	(3,447	)	$	(9,429	)	$	(51,419	)
Basic and diluted net loss per common share	$	(19.23	)	$	(5.26	)	$	(1.95	)	$	(4.44	)	$	(29.08	)
Weighted average shares used in computing:
Basic and diluted net loss per common share		1,559,483			1,624,371			1,765,641			2,123,936			1,767,957

	Three Months Ended												Total Fiscal Year 2015
	June 30,  2014			September 30, 2014			December 31, 2014			March 31, 2015
Operating expenses:
Research and development	$	474		$	558		$	445		$	956		$	2,433
General and administrative		797			556			671			2,320			4,344
Total operating expenses		1,271			1,114			1,116			3,276			6,777
Loss from operations		(1,271	)		(1,114	)		(1,116	)		(3,276	)		(6,777	)
Other expenses, net:
Interest expense, net		(785	)		(606	)		(792	)		(2,366	)		(4,549	)
Change in warrant liabilities		(1,727	)		1,302			953			(563	)		(35	)
Income (loss) before income taxes		(4,551	)		(2,021	)		(1,090	)		(6,222	)		(13,884	)
Income taxes		(2	)		-			-			-			(2	)
Net income (loss)	$	(4,553	)	$	(2,021	)	$	(1,090	)	$	(6,222	)	$	(13,886	)
Basic net loss per common share	$	(3.70	)	$	(1.58	)	$	(0.84	)	$	(4.24	)	$	(10.53	)
Diluted net loss per common share	$	(3.70	)	$	(1.90	)	$	(1.08	)	$	(4.24	)	$	(10.61	)
Weighted average shares used in computing:
Basic net loss per common share		1,229,504			1,279,267			1,302,316			1,466,402			1,318,813
Diluted net loss per common share		1,229,504			1,299,115			1,302,316			1,466,402			1,318,813