Subsequent Events |
9 Months Ended | ||
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Dec. 31, 2024 | |||
| Subsequent Events [Abstract] | |||
| Subsequent Events |
On January 2, 2025 the Company granted an aggregate of 22,500 stock options to the independent members of its Board of Directors. The options vest in equal annual increments over a three year period and have an exercise price of $2.68. Additionally, on January 2, 2025 the Company granted an aggregate of 27,000 stock options to its employees. The options are immediately vested on the grant date and have an exercise price of $2.68. Additionally, on January 2, 2025 the Company issued an aggregate of 45,000 restricted stock units to the members of its management group. The restricted stock units vest in equal increments over a two year period with the first vest date to occur on July 2, 2025.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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