Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheet (Tables)

v3.26.3
Condensed Consolidated Balance Sheet (Tables)
 6 Months Ended
Sep. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of inventories, net
           
    September 30,     March 31,  
    2026     2026  
Raw materials   $ 1,676,000     $ 2,083,000  
Finished goods     2,136,000       2,182,000  
Inventories, gross     3,812,000       4,265,000  
Less: allowance for obsolete and excess inventory     (304,000 )     (614,000 )
Total inventories, net   $ 3,508,000     $ 3,651,000  
Schedule of lease information
           
    September 30,     March 31,  
    2026     2026  
Operating leases:                
Operating lease right-of-use assets   $ 522,000     $ 602,000  
Operating lease liabilities – current   $ 163,000     $ 151,000  
Operating lease liabilities – non-current   $ 382,000     $ 469,000  

 

Other information related to leases is presented below:

 

   

Six Months Ended

September 30,

2026

  
Lease cost        
Operating lease cost   $ 212,000  
Other information:        
Operating cash flows from operating leases   $ (78,000 )
Weighted-average remaining lease term – operating leases (in months)     38.5  
Weighted-average discount rate – operating leases     10.8%  
Schedule of minimum lease payments of operating lease liabilities
     
For Years Ending March 31,      
2027 (excluding the three months ended September 30, 2026)   $ 105,000  
2028     207,000  
2029     168,000  
2030     161,000  
Thereafter     13,000  
Total future minimum lease payments, undiscounted     654,000  
Less: imputed interest     (109,000 )
Present value of future minimum lease payments   $ 545,000