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Fair Value Measurements (Tables)
12 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Carried at Fair Value on Recurring Basis
The following table provides the assets and liabilities carried at fair value on a recurring basis, measured as of March 31, 2018 and 2017 (in thousands):
 
 
Total
Carrying
Value
 
Quoted Prices in
Active Markets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable Inputs
(Level 3)
March 31, 2018:
 

 
 
 
 
 
 
Assets:
 

 
 
 
 
 
 
Cash equivalents
$
32,589

 
$
32,589

 
$

 
$

Derivative liabilities:
 
 
 

 
 

 
 
Warrants
$
1,217

 
$

 
$

 
$
1,217

 
 
 
 
 
 
 
 
 
Total
Carrying
Value
 
Quoted Prices in
Active Markets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable Inputs
(Level 3)
March 31, 2017:
 

 
 
 
 
 
 
Assets:
 

 
 
 
 
 
 
Cash equivalents
$
14,105

 
$
14,105

 
$

 
$

Derivative liabilities:
 

 
 

 
 

 
 

Warrants
$
1,923

 
$

 
$

 
$
1,923


Schedule of Liabilities Measured at Fair Value on Recurring Basis
The table below reflects the activity for the Company’s major classes of liabilities measured at fair value on a recurring basis (in thousands):
 
 
Warrants
April 1, 2017
$
1,923

Mark to market adjustment
(706
)
March 31, 2018
$
1,217

 
 
 
Warrants
April 1, 2016
$
3,227

Mark to market adjustment
(1,304
)
Balance at March 31, 2017
$
1,923