Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.23.2
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
Schedule of property and equipment estimated useful life
     
    Years  
Office equipment   3  
Manufacturing, lab and other equipment   5  
Furniture and fixtures   7  
Schedule of computation of earnings per share
           
    For the Year Ended March 31,  
(In thousands, except per share data)   2023     2022  
             
Net loss   $ (5,151 )   $ (5,086 )
                 
Weighted-average shares outstanding: basic and diluted     3,394       2,653  
                 
Net loss per share: basic and diluted   $ (1.52 )   $ (1.92 )
Schedule of antidilutive shares
               
    March 31,  
(In thousands)   2023     2022  
Common stock to be issued upon vesting of restricted stock units     –       1  
Common stock to be issued upon exercise of options     565       466  
Common stock to be issued upon exercise of warrants     104       108  
Common stock to be issued upon exercise of common stock units (1)     46       46  
      715       621  

  

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