Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT

v3.25.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Mar. 31, 2023   4,678,000      
Beginning balance at Mar. 31, 2023 $ (84,369) $ 47 $ 703,259 $ (786,094) $ (1,581)
Increase (Decrease) in Stockholders' Equity          
Net loss (41,286)     (41,286)  
Foreign currency translation adjustments, net of income taxes (612)       (612)
Shares issued under employee incentive plans, net (in shares)   114,000      
Shares issued under employee incentive plans, net   $ 1 (1)    
Warrants exercised related to long-term debt 49   49    
Stock-based compensation $ 4,720   4,720    
Ending balance (in shares) at Mar. 31, 2024 4,792,000 4,792,000      
Ending balance at Mar. 31, 2024 $ (121,498) $ 48 708,027 (827,380) (2,193)
Increase (Decrease) in Stockholders' Equity          
Net loss (107,347)     (107,347)  
Foreign currency translation adjustments, net of income taxes (276)       (276)
Shares issued under employee incentive plans, net (in shares)   109,000      
Shares issued under employee incentive plans, net   $ 1 (1)    
Stock-based compensation $ 2,376   2,376    
Ending balance (in shares) at Dec. 31, 2024 5,307,000 5,307,000      
Ending balance at Dec. 31, 2024 $ (196,622) $ 53 740,521 (934,727) (2,469)
Beginning balance (in shares) at Mar. 31, 2024 4,792,000 4,792,000      
Beginning balance at Mar. 31, 2024 $ (121,498) $ 48 708,027 (827,380) (2,193)
Increase (Decrease) in Stockholders' Equity          
Net loss (115,091)     (115,091)  
Foreign currency translation adjustments, net of income taxes 583       583
Shares issued under employee incentive plans, net (in shares)   157,000      
Shares issued under employee incentive plans, net   $ 2 (2)    
Warrants exercised related to long-term debt (in shares)   856,000      
Warrants exercised related to long-term debt 52,984 $ 9 52,975    
Shares issued related to the SEPA, net (in shares)   1,157,000      
Shares issued related to the SEPA, net 15,828 $ 11 15,817    
Stock-based compensation $ 2,828   2,828    
Ending balance (in shares) at Mar. 31, 2025 6,962,000 6,962,000      
Ending balance at Mar. 31, 2025 $ (164,366) $ 70 779,645 (942,471) (1,610)
Beginning balance (in shares) at Sep. 30, 2024   4,792,000      
Beginning balance at Sep. 30, 2024 (151,104) $ 48 709,667 (859,427) (1,392)
Increase (Decrease) in Stockholders' Equity          
Net loss (75,300)     (75,300)  
Foreign currency translation adjustments, net of income taxes (1,077)       (1,077)
Shares issued under employee incentive plans, net (in shares)   109,000      
Shares issued under employee incentive plans, net   $ 1 (1)    
Stock-based compensation $ 736   736    
Ending balance (in shares) at Dec. 31, 2024 5,307,000 5,307,000      
Ending balance at Dec. 31, 2024 $ (196,622) $ 53 $ 740,521 $ (934,727) $ (2,469)