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
 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net loss $ (2,594) $ (2,681)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation 106 107
Stock-based compensation 120 134
Deferred income taxes 200 169
Operating lease right-of-use asset (553) 136
Changes in operating assets and liabilities:    
Accounts receivable, net 46 219
Inventories, net (484) (679)
Prepaid expenses and other current assets (1,226) 1,547
Deferred consideration, net of discount 176 142
Accounts payable 589 864
Accrued expenses and other current liabilities (248) (1)
Withholding tax payable 323 326
Operating lease liabilities 554 (136)
Deferred revenue (423) (140)
Net cash (used in) provided by operating activities (3,414) 7
Cash flows from investing activities:    
Purchases of property and equipment (163) (33)
Net cash used in investing activities (163) (33)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of offering expenses 266 3,079
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 (220) (323)
Net cash provided by financing activities 90 2,788
Effect of exchange rate on cash and cash equivalents 674 (654)
Net (decrease) increase in cash and cash equivalents (2,813) 2,108
Cash and cash equivalents, beginning of period 5,374 3,128
Cash and cash equivalents, end of period 2,561 5,236
Supplemental disclosure of cash flow information:    
Cash paid for interest 10 8
Cash paid for taxes $ 870 $ 0