Stock-Based Compensation (Tables)

12 Months Ended

Mar. 31, 2022

Share-based Payment Arrangement [Abstract]

Schedule of Weighted Average Assumptions Used for Estimating the Fair Value of Stock Options

The Company estimated the fair value of each time-based stock option on the date of grant using the Black-Scholes closed-form option-pricing model applying the weighted average assumptions during the years ended March 31, 2022 and March 31, 2021, as follows:

	Years Ended March 31,
	2022		2021
Expected stock price volatility	112.9	%	109.5	%
Expected risk free interest rate	1.01	%	0.43	%
Expected term, in years	5.93		6.11
Expected dividend yield	—	%	—	%

Schedule of Stock Option Activity

The following table presents a summary of stock option activity and data under the 2015 Plan:

	Number of Options	Weighted Average Exercise Price		Weighted Average Grant Date Fair Value		Weighted Average Remaining Contractual Life (in years)	Aggregate Intrinsic Value
Options outstanding at March 31, 2020	2,008,735	$	14.39	$	13.87	8.33	$	—
Granted	434,775	3.72		3.07
Exercised	—	—		—			—
Forfeited	(347,967)	13.92		15.84
Options outstanding at March 31, 2021	2,095,543	$	12.26	$	11.30	7.90	$	—
Granted	1,594,400	2.47		2.06
Exercised	—	—		—			—
Forfeited	(1,979,933)	5.93		4.10
Options outstanding at March 31, 2022	1,710,010	$	10.46	$	10.84	7.38	$	—
Options vested and expected to vest at March 31, 2022	1,710,010	$	10.46	$	10.84	7.38	$	—
Options exercisable at March 31, 2022	1,174,102	$	13.87	$	14.68	6.72	$	—

Schedule of Restricted Stock Unit Activity

The following table presents a summary of restricted stock unit activity and data under the 2015 Plan:

	Number of RSUs	Weighted Average Grant Date Fair Value
RSUs outstanding at March 31, 2020	247,863	$	7.37
Granted	1,247,850	3.37
Vested and settled	(187,741)	7.68
Forfeited	(281,756)	3.95
RSUs outstanding at March 31, 2021	1,026,216	$	3.39
Granted	3,407,270	1.48
Vested and settled	(320,368)	3.38
Forfeited	(821,627)	2.53
RSUs outstanding at March 31, 2022	3,291,491	$	1.63