v3.25.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Mar. 31, 2025
Mar. 31, 2024
Current assets      
Cash $ 9,423 $ 10,737 $ 1,026
Accounts receivable 515 459 121
Inventory 1,061 1,061
Other current assets 394 273 336
Total current assets 11,393 12,530 1,483
Plant and equipment, net 27,810 28,450 28,793
Intangible assets, net 2,728 3,266 4,341
Right of use asset 187 232 67
Total assets 42,118 44,478 34,684
Current liabilities      
Accounts payable 1,046 1,293 1,263
Accrued liabilities 657 533 593
Accounts payable, related party   710
Obligation to issue shares, related party 679
Lease obligation, current 94 89 67
Total current liabilities 1,797 2,594 2,633
Warrant liability 8,070 15,151 4,368
Lease obligation, long-term 95 143
Total liabilities 9,962 17,888 7,001
Commitments and contingencies  
Shareholders’ equity      
Share capital, value 67,056 66,156 63,733
Retained earnings (deficit) (34,900) (39,566) (36,050)
Total shareholders’ equity 32,156 26,590 27,683
Total liabilities and shareholders’ equity $ 42,118 $ 44,478 $ 34,684