Annual report [Section 13 and 15(d), not S-K Item 405]

Stock-Based Compensation (Tables)

v3.25.2
Stock-Based Compensation (Tables)
12 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of weighted-average assumptions of fair value of employee stock options
           
    Year Ended March 31,  
    2025     2024  
Fair value of the Company’s common stock on date of grant   $ 2.68     $ 0.19  
Expected term     5.68 yrs       5.56 yrs  
Risk-free interest rate     4.57%       3.87%  
Dividend yield     0.00%       0.00%  
Volatility     109.91%       98.40%  
Fair value of options granted   $ 2.23     $ 0.15  
Schedule of stock based awards outstanding by plan
     
Plan   Stock Options  
2011 Plan     3,998  
2016 Plan     38,942  
2021 Plan     30,141  
      73,081  
Schedule of options activity
                               
    Number of
Shares
    Weighted-
Average
Exercise Price
    Weighted-
Average
Contractual Term
    Aggregate
Intrinsic
Value
 
Outstanding at April 1, 2024     51,675     $ 62.60                  
Options granted     49,500       2.68                  
Options exercised     (27,750 )     2.99                  
Options forfeited     (250 )     3.60                  
Options expired     (94 )     1,485.96                  
Outstanding at March 31, 2025     73,081     $ 43.27       8.82     $ 2.19  
Exercisable at March 31, 2025     39,751     $ 74.86       7.71     $ 2.19  
Schedule of unvested restricted stock activity
               
   

Number of

Shares

   

Weighted

Average Award

Date Fair Value

per Share

 
Unvested restricted stock awards outstanding at April 1, 2024         $  
Restricted stock awards granted     54,538       2.92  
Restricted stock awards vested     (9,538 )     4.08  
Unvested restricted stock awards outstanding at March 31, 2025     45,000     $ 2.68