Transition report pursuant to Rule 13a-10 or 15d-10

Balance Sheets

v3.22.1
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Mar. 31, 2021
Current assets:    
Cash $ 6,130 $ 15,297
Prepaid & other current assets 687 346
Total current assets 6,817 15,643
Property and equipment, net 895 209
Intangible assets, net 1,761 1,650
Other assets 179 20
TOTAL ASSETS 9,652 17,522
Current liabilities:    
Accounts payable 358 285
Accrued expenses 298 211
Notes payable 8 439
Total current liabilities 664 935
Total liabilities 664 935
Commitments and Contingencies (Note 12)
STOCKHOLDERS’ EQUITY:    
Preferred stock value
Common stock, par value $0.0001; 200,000,000 shares authorized; 14,530,126 and 14,856,480 shares outstanding as of December 31, 2021 and March 31, 2021, respectively 1 1
Additional paid-in capital 82,677 73,789
Accumulated deficit (73,690) (57,203)
Total stockholders’ equity 8,988 16,587
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 9,652 17,522
Series A Preferred Stock    
STOCKHOLDERS’ EQUITY:    
Preferred stock value
Series B Preferred Stock    
STOCKHOLDERS’ EQUITY:    
Preferred stock value
Series C Preferred Stock    
STOCKHOLDERS’ EQUITY:    
Preferred stock value