Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net loss $ (1,775) $ (1,753)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 72 74
Stock-based compensation 96 121
Deferred tax asset 141 188
Operating lease right-of-use asset (392) 102
Changes in operating assets and liabilities:    
Accounts receivable, net (294) (427)
Inventories, net (444) (370)
Prepaid expenses and other current assets (834) 1,134
Deferred consideration, net of discount 114 99
Accounts payable 360 219
Accrued expenses and other current liabilities (326) 62
Withholding tax payable 214 223
Operating lease liabilities 392 (102)
Deferred revenue 26 (128)
Net cash used in operating activities (2,650) (558)
Cash flows from investing activities:    
Purchases of property and equipment (116) (31)
Net cash used in investing activities (116) (31)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of offering expenses 0 2,289
Proceeds from exercise of employee stock options 44 33
Payments for fractional shares related to reverse-split 0 (1)
Principal payments on short-term debt (164) (241)
Net cash (used in) provided by financing activities (120) 2,080
Effect of exchange rate on cash and cash equivalents 547 (541)
Net (decrease) increase in cash and cash equivalents (2,339) 950
Cash and cash equivalents, beginning of period 5,374 3,128
Cash and cash equivalents, end of period 3,035 4,078
Supplemental disclosure of cash flow information:    
Cash paid for interest 5 8
Cash paid for taxes $ 623 $ 0