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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2025
Mar. 31, 2025
Current Assets:    
Cash and cash equivalents $ 956,000 $ 1,186,000
Short term investments 12,545,000 14,868,000
Accounts receivable, net 1,203,000 1,499,000
Licensing receivable 42,000 42,000
Inventory 4,982,000 4,909,000
Prepaid purchases 8,000 43,000
Prepaid expenses and other current assets 362,000 247,000
Total Current Assets 20,098,000 22,794,000
Non-Current Assets:    
Property and equipment, net 170,000 211,000
Right-of-use asset-operating leases 374,000 443,000
Right-of-use asset-finance leases 5,000 6,000
Other assets 76,000 76,000
Total Non-Current Assets 625,000 736,000
Total Assets 20,723,000 23,530,000
Current Liabilities:    
Accounts payable and other current liabilities 978,000 808,000
Short-term operating lease liability 153,000 136,000
Short-term finance lease liability 1,000 1,000
Income tax payable, current portion 0 668,000
Deferred revenue 32,000 96,000
Total Current Liabilities 1,165,000 1,710,000
Non-Current Liabilities:    
Long-term operating lease liability 243,000 321,000
Long-term finance lease liability 4,000 5,000
Total Non-Current Liabilities 247,000 326,000
Total Liabilities 1,412,000 2,036,000
Shareholders’ Equity:    
Series A Preferred shares — 10,000,000 shares authorized; 3,677 shares issued and outstanding; liquidation preference of $3,677,000 3,310,000 3,310,000
Common shares — $0.01 par value, 75,000,000 shares authorized; 52,965,797 shares issued at September 30, 2025 and March 31, 2025, respectively; 21,042,652 shares outstanding at September 30, 2025 and March 31, 2025, respectively 529,000 529,000
Additional paid-in capital 79,792,000 79,792,000
Accumulated deficit (31,119,000) (28,936,000)
Treasury stock, at cost (31,923,145 shares at September 30, 2025 and March 31, 2025, respectively) (33,201,000) (33,201,000)
Total Shareholders’ Equity 19,311,000 21,494,000
Total Liabilities and Shareholders’ Equity 20,723,000 23,530,000
Related Party [Member]    
Current Liabilities:    
Due to affiliate $ 1,000 $ 1,000