CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2025	Mar. 31, 2025
Current assets:
Cash and cash equivalents	$ 62,786	$ 67,131
Marketable securities	14,389	13,351
Prepaid expenses and other current assets	1,759	1,594
Total current assets	78,934	82,076
Property and equipment, net	516	476
Right-of-use asset - operating lease	1,074	1,335
Other assets	405	454
Total assets	80,929	84,341
Current liabilities:
Accounts payable	1,831	653
Accrued expenses	8,417	8,810
Note payable	658	0
Deferred revenue - current portion	2,141	2,588
Operating lease obligation - current portion	597	561
Total current liabilities	13,644	12,612
Deferred revenue - non-current portion	336	391
Operating lease obligation - non-current portion	610	948
Total liabilities	14,590	13,951
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock, $0.001 par value; 10,000,000 shares authorized at September 30, 2025 and March 31, 2025; no shares outstanding at September 30, 2025 and March 31, 2025	0	0
Common stock, $0.001 par value; 325,000,000 shares authorized at September 30, 2025 and March 31, 2025; 38,895,568 and 29,001,481 shares issued at September 30, 2025 and March 31, 2025, respectively	39	29
Additional paid-in capital	512,398	481,956
Treasury stock, at cost, 4,522 shares of common stock held at September 30, 2025 and March 31, 2025	(3,968)	(3,968)
Accumulated other comprehensive income	14	5
Accumulated deficit	(442,144)	(407,632)
Total stockholders’ equity	66,339	70,390
Total liabilities and stockholders’ equity	$ 80,929	$ 84,341

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).