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

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT

v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($)
$ in Thousands
Common Stock
Voting Common Stock
Common Stock
Non-Voting Common Stock
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
Voting Common Stock
Non-Voting Common Stock
Total
Beginning balance at Mar. 31, 2024 $ 18 $ 1 $ 955,145 $ (969,810)       $ (14,646)
Beginning balance (in shares) at Mar. 31, 2024 18,540,789 508,475            
Increase (Decrease) in Stockholders' Equity (Deficit)                
Purchase of treasury stock         $ (46)     (46)
Purchase of treasury stock (in shares) (57,202)              
Vested restricted stock units/awards (in shares) 160,000              
Stock-based compensation     262         262
Net Income (Loss)       (7,190)       (7,190)
Ending balance at Mar. 31, 2025 $ 18 $ 1 955,407 (977,000) (46)     $ (21,620)
Ending balance (in shares) at Mar. 31, 2025 18,643,587 508,475       18,643,587 508,475  
Ending balance, treasury stock (in shares) at Mar. 31, 2025               57,202
Increase (Decrease) in Stockholders' Equity (Deficit)                
Purchase of treasury stock         (511)     $ (511)
Purchase of treasury stock (in shares) (212,401)              
Vested restricted stock units/awards $ 1             1
Vested restricted stock units/awards (in shares) 654,849              
Net proceeds from the issuance of common stock $ 11   36,007         36,018
Net proceeds from the issuance of common stock (in shares) 10,902,223              
Issuance of prefunded warrants     7,638         7,638
Stock-based compensation     788         788
Conversion of non-voting common stock to voting common stock 175,355 (175,355)            
Accretion to redemption value of redeemable equity     (69,606)         (69,606)
Net Income (Loss)       2,825       2,825
Ending balance at Mar. 31, 2026 $ 30 $ 1 $ 930,234 $ (974,175) $ (557)     $ (44,467)
Ending balance (in shares) at Mar. 31, 2026 30,163,613 333,120       30,163,613 333,120  
Ending balance, treasury stock (in shares) at Mar. 31, 2026               269,603