Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Property and equipment estimated useful life
     
    Years  
Office equipment   3  
Manufacturing, lab and other equipment   5  
Furniture and fixtures   7  
Computation of earnings per share
               
    For the Year Ended March 31,  
(In thousands, except per share data)   2022     2021  
             
Loss from continuing operations   $ (5,086 )   $ (4,615 )
Income from discontinued operations           665  
Net loss   $ (5,086 )   $ (3,950 )
                 
Weighted-average shares outstanding: basic and diluted     2,653       1,996  
                 
Loss per share from continuing operations   $ (1.92 )   $ (2.31 )
Income per share from discontinued operations           0.33  
Net loss per share: basic and diluted   $ (1.92 )   $ (1.97 )
Schedule of antidilutive shares
               
    March 31,  
(In thousands)   2022     2021  
Common stock to be issued upon vesting of restricted stock units     1       1  
Common stock to be issued upon exercise of options     466       268  
Common stock to be issued upon exercise of warrants     108       119  
Common stock to be issued upon conversion of Series C            
Common stock to be issued upon exercise of common stock units (1)     46       46  
      621       434  

  

  (1) Consists of 30,668 restricted stock units and warrants to purchase 15,332 shares of common stock