Quarterly report [Sections 13 or 15(d)]

Debt

v3.25.2
Debt
3 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Debt

 

Note 6. Debt

 

Financing of Insurance Premiums

 

On February 1, 2025, the Company entered into a note agreement for $274,000 with an interest rate of 7.97% per annum with final payment on November 1, 2025. This instrument was issued in connection with financing insurance premiums. At June 30, 2025 and March 31, 2025, the outstanding principal on the note amounted to $139,000 and $220,000, respectively.