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Stock-Based Compensation (Tables)
 12 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Stock option activity
Stock option activity was as follows (shares in thousands):
Options OutstandingWeighted-
Average
Exercise
Price
Outstanding at March 31, 20231,805 1.63 
Granted914 1.19 
Forfeited, canceled or expired(169)1.40 
Outstanding at March 31, 20242,550 1.49 
Stock options outstanding
Certain information regarding options outstanding at March 31, 2024 was as follows:

Options Outstanding Options ExercisableOptions Vested and Expected to Vest
Number (in thousands)2,550 907 2,550 
Weighted-average exercise price$1.49 $1.68 $1.49 
Aggregate intrinsic value (in thousands)$— $— $— 
Weighted average remaining contractual term (in years)7.825.847.82
RSU activity
Compensation expense for RSAs is recognized over the estimated requisite service period. Following is a summary of RSA activity (shares in thousands):
RSAs Outstanding Weighted-
Average
Grant Date Fair Value per Share
Outstanding at March 31, 2023127 $5.23 
Granted— — 
Vested(98)2.10 
Outstanding at March 31, 202429 15.54 

RSU Activity
Compensation expense for RSUs is recognized over the estimated requisite service period. Following is a summary of RSU activity (shares in thousands):
RSUs Outstanding Weighted-
Average
Grant Date Fair Value per Share
Outstanding at March 31, 2023869 6.80 
Granted894 1.19 
Forfeited, canceled or expired(328)7.39 
Vested(429)2.78 
Outstanding at March 31, 20241,006 2.88 
PSU activity
Following is a summary of PSU activity (shares in thousands):
PSUs Outstanding Weighted-
Average
Grant Date Fair Value per Share
Outstanding at March 31, 20231,169 7.02 
Granted and additional goal shares awarded— — 
Forfeited, canceled or expired(294)(6.75)
Vested
(1)(17.42)
Outstanding at March 31, 2024874 7.10 
Stock-based compensation
Stock-based compensation expense, primarily included in general and administrative expense, was as follows (in thousands):

Year Ended March 31,
20242023
Stock options$650 $190 
RSAs95 213 
RSUs81 3,598 
PSUs2,479 (238)
ESPP50 122 
$3,355 $3,885 
Other information regarding stock-based compensation
Certain other information regarding our stock-based compensation was as follows (in thousands):

Year Ended March 31,
20242023
Total intrinsic value of stock options exercised$— $— 
Fair value of RSUs vested433 1,549 
ESPP Activity
ESPP activity was as follows (shares in thousands):

Shares Available for IssuanceWeighted-
Average
Purchase Price		Weighted-Average Discount per Share
Balance at March 31, 202334 
Employee shares purchased76 $0.85 $0.09 
Balance at March 31, 2024110 
Assumptions
Assumptions used in calculating the fair value of stock option grants and employee stock purchases were as follows:
Year Ended March 31,
 20242023
ESPPESPP
Dividend yield—%—%
Risk-free interest rate5.2%3.1%
Expected life (years)N/AN/A
Expected volatility53%73%