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

Summary of Significant Accounting Policies (Tables)

v3.26.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of concentration of risk
           
    For the Year Ended March 31,  
    2026     2025  
Customer B     *%       21%  
Customer C     15%       18%  

 

The following table shows major customers accounts receivable balances as a percentage of net accounts receivables:

             
    March 31,  
    2026     2025  
Customer A     12%       *%  
Customer C     19%       *%  
Customer D     *%       24%  

 

* % Represents less than 10%
Schedule of property and equipment estimated useful life
  Years  
Office equipment   3  
Manufacturing, lab and other equipment   5  
Furniture and fixtures   7  
Schedule of computation of earnings per share
           
    For the Year Ended March 31,  
(In thousands, except per share data)   2026     2025  
             
Net loss   $ (3,175 )   $ (3,457 )
                 
Weighted-average shares outstanding: basic and diluted     1,684       1,241  
                 
Net loss per share: basic and diluted   $ (1.89 )   $ (2.79 )
Schedule of antidilutive shares
           
    March 31,  
(In thousands)   2026     2025  
             
Common stock to be issued upon exercise of options     129       73  
Common stock to be issued upon vesting of restricted stock units     118       45  
      247       118