Quarterly report pursuant to Section 13 or 15(d)

COMMON STOCK (Tables)

v3.25.0.1
COMMON STOCK (Tables)
9 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Outstanding Lender Warrants
The following summarizes the Company's outstanding Lender Warrants (in thousands, except exercise price):
December 2018 Warrants June 2020 Warrants June 2023 Warrants May 2024 Warrants July 2024 Warrants August 2024 Warrants Total
March 31, 2024:
   Exercise price $26.60 $55.40 $20.00 n/a n/a n/a
   Number shares under warrant(s) 357  184  63  n/a n/a n/a 604 
   Fair value $ 2,320  $ 1,135  $ 591  n/a n/a n/a $ 4,046 
December 31, 2024:
   Exercise price
$6.20 - $26.04
$6.20 - $54.19
$6.20 $6.20 $6.20 $6.20
   Number shares under warrant(s) 220  114  63  38  19  224 678 
   Fair value $ 10,518  $ 5,369  $ 3,336  $ 1,979  $ 989  $ 11,814  $ 34,005 
Summary of Changes in Level 2 Liabilities
The table below sets forth a summary of changes in the fair value of the Company’s Level 2 warrant liabilities as of December 31, 2023 and 2024:

Balance as of March 31, 2023 $ 7,989 
Issuance of warrants 1,194 
Change in fair value of warrant liabilities (7,340)
Balance as of December 31, 2023 $ 1,843 
Balance as of March 31, 2024 $ 4,046 
Issuance of warrants
3,157 
Exercise of warrants
(30,118)
Change in fair value of warrant liabilities 56,408 
Repricing adjustment 512 
Balance as of December 31, 2024 $ 34,005