XML 15 R5.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities:    
Net income (loss) $ 1,649 $ (1,471)
Adjustments to reconcile net income (loss) to net cash (used) by operating activities:    
Non-cash lease expense 121 159
Depreciation and amortization 17 0
Changes in assets and liabilities:    
Accounts receivable 78 367
Licensing receivable 17 (191)
Inventory (1,948) (233)
Prepaid purchases 110 (503)
Prepaid expenses and other current assets (7) 136
Other assets (10) 0
Accounts payable and other current liabilities 646 (244)
Right of use assets-operating (248) 0
Short term lease liabilities (11) (66)
Long term lease liabilities 146 (104)
Due to affiliate 0 1
Income taxes payable (326) (205)
Advanced deposits (3,316) 4,100
Deferred revenue 63 (28)
Net cash (used) provided by operating activities (3,019) 1,718
Cash Flows From Investing Activities:    
Purchases of investments (18,505) 0
Additions to property and equipment (107) 0
Net cash (used) by investing activities (18,612) 0
Cash Flows from Financing Activities:    
Net cash provided by financing activities 0 0
Net (decrease) increase in cash and cash equivalents (21,631) 1,718
Cash and cash equivalents at beginning of the year 25,268 25,576
Cash and cash equivalents at end of the year 3,637 27,294
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for new operating lease liabilities 248 0
Cash paid for:    
Interest 4 8
Income taxes $ 401 $ 205