v3.25.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net loss $ (2,681) $ (3,768)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 107 135
Stock-based compensation 134 447
Deferred income taxes 169 92
Changes in operating assets and liabilities:    
Accounts receivable, net 219 (221)
Inventories, net (679) (93)
Prepaid expenses and other current assets 1,547 546
Deferred consideration 142 161
Operating lease, right-of-use assets 136 99
Accounts payable 864 (12)
Accrued expenses and other current liabilities (1) (226)
Deferred revenue (140) 33
Withholding tax payable 326 356
Operating lease liabilities (136) (99)
Net cash provided by (used in) operating activities 7 (2,550)
Cash flows from investing activities:    
Purchases of property and equipment (33) (20)
Net cash used in investing activities (33) (20)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of offering expenses 3,079 1,441
Proceeds from exercise of employee stock options 33 0
Payments for fractional shares related to reverse-split (1) 0
Principal payments on short-term debt (323) (387)
Net cash provided by financing activities 2,788 1,054
Effect of exchange rate on cash and cash equivalents (654) 102
Net increase (decrease) in cash and cash equivalents 2,108 (1,414)
Cash and cash equivalents, beginning of period 3,128 3,820
Cash and cash equivalents, end of period 5,236 2,406
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 8 $ 15

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