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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Cash Flows From Operating Activities        
Net loss $ (3,321) $ (3,505) $ (6,536) $ (6,037)
Adjustments to reconcile net loss to net cash used in operating activities:        
Loss on investment in equity securities 70 0 75 0
Accretion on short-term investments     (62) 0
Depreciation and amortization     104 59
Stock-based compensation 673 426 1,333 841
Increase (decrease) in cash resulting from changes in:        
Prepaid expenses and other assets     443 627
Accounts payable     26 677
Accrued expenses     (27) 277
Operating lease right-of-use assets and liabilities, net     13 0
Net cash used in operating activities     (4,631) (3,556)
Cash Flows From Investing Activities        
Purchases of fixed assets     (193) (223)
Purchases of short-term investments     (9,893) 0
Purchases of equity securities     (1,061) 0
Sales of equity securities     368 0
Net cash used in investing activities     (10,779) (223)
Cash Flows From Financing Activities        
Proceeds from issuance of common stock, net     0 251
Employee taxes paid related to net share settlement of equity awards     0 (45)
Net cash provided by financing activities     0 206
Net decrease in cash, cash equivalents, and restricted cash     (15,410) (3,573)
Cash, cash equivalents, and restricted cash at beginning of period 13,408 33,902 28,818 37,475
Cash, cash equivalents, and restricted cash at end of period 13,408 33,902 13,408 33,902
Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets        
Cash and cash equivalents 13,265 33,791 13,265 33,791
Restricted cash 143 111 143 111
Cash, cash equivalents, and restricted cash at end of period $ 13,408 $ 33,902 13,408 33,902
Supplemental Disclosure of Cash Flow Information:        
Income taxes paid     $ (2) $ 0