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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 3,311 $ 15,527
Restricted cash 0 500
Accounts receivable, net, including related parties (Note 11) 6,915 4,396
Inventory 8,885 8,406
Prepaid expenses and other current assets 1,184 1,859
Total current assets 20,295 30,688
Property and equipment, net 7,957 7,890
Operating lease right-of-use assets 2,863 3,033
Goodwill 994 1,079
Intangible assets, net 247 321
Investment in joint venture 662 715
Other assets 697 726
Total assets 33,715 44,452
Current liabilities:    
Accounts payable and accrued expenses, including related parties (Note 11) 6,517 7,895
Accrued interest 0 180
Accrued payroll and benefits 1,228 1,458
Operating lease liabilities 526 404
Revolving credit facility 0 12,000
Total current liabilities 8,271 21,937
Operating Lease, Liability, Noncurrent 2,390 2,670
Other liabilities 230 230
Total liabilities 10,891 24,837
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 5,000,000 shares authorized and none issued and outstanding as of June 30, 2023 and March 31, 2023 0 0
Common stock, $0.0001 par value; 750,000,000 shares authorized as of June 30, 2023 and March 31, 2023, and 59,374,057 and 57,047,013 shares issued and outstanding as of June 30, 2023 and March 31, 2023, respectively 6 6
Additional paid-in capital 247,027 230,272
Accumulated deficit (222,295) (209,236)
Accumulated other comprehensive loss (1,914) (1,427)
Total stockholders’ equity 22,824 19,615
Total liabilities and stockholders’ equity $ 33,715 $ 44,452