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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows from Operating Activities:    
Net income (loss) $ 766 $ (1,360)
Adjustments to reconcile net loss to net cash (used) by operating activities:    
Non-cash lease expense 167 204
Depreciation and amortization 25 1
Changes in assets and liabilities:    
Accounts receivable (178) 129
Licensing receivable 208 (245)
Inventory (3,140) (1,701)
Prepaid purchases 140 (106)
Prepaid expenses and other current assets 83 33
Other assets (10) 16
Accounts payable and other current liabilities 517 (117)
Right of use assets-operating (248) 0
Short term lease liabilities (46) (72)
Long term lease liabilities 136 (139)
Due to affiliate 0 1
Income taxes payable (404) (205)
Advanced deposits (3,316) 3,316
Deferred revenue 42 (61)
Net cash (used) by operating activities (5,258) (306)
Cash Flows From Investing Activities:    
Proceeds from sale of short-term investments 18,505 0
Purchases of short-term investments (18,505) 0
Additions to property and equipment (119) 0
Net cash (used) by investing activities (119) 0
Cash Flows from Financing Activities:    
Short term finance liability (1) 0
Long term finance liability 0 (2)
Net cash (used) by financing activities (1) (2)
Net (decrease) in cash and cash equivalents (5,378) (308)
Cash and cash equivalents at beginning of the year 25,268 25,576
Cash and cash equivalents at end of the year 19,890 25,268
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 5 10
Income taxes $ 478 $ 205