Harmony Energy Technologies 10-Q 19 Nov 24 2025 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Sep. 30, 2024	Nov. 14, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2025
Current Fiscal Year End Date	--03-31
Entity File Number	000-56380
Entity Registrant Name	ZRCN INC.
Entity Central Index Key	0001901297
Entity Tax Identification Number	83-2756695
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	1580 Dell Avenue
Entity Address, City or Town	Campbell
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95008
City Area Code	(408)
Local Phone Number	963-4550
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		10,050,265

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Sep. 30, 2024	Mar. 31, 2024
Current assets:
Cash		$ 423	$ 502
Accounts receivable, net of provision for credit losses of approximately $132 and $14, respectively		9,235	8,644
Inventory, net		13,141	14,057
Prepaid expenses and other assets		490	335
Total current assets		23,289	23,538
Property and equipment, net		1,815	1,803
Deferred tax asset		691	499
Operating lease right-of-use assets		663	751
Federal tax deposit		279	213
Intangible assets, net	[1]	739	792
Deposits		19	19
Deferred financing costs		290
Total assets		27,785	27,615
Current liabilities:
Accounts payable		6,090	7,050
Accrued expenses		2,824	2,130
Operating lease liability, current		205	195
Notes payable, current portion			75
Total current liabilities		9,119	9,450
Line of credit		9,318	8,026
Operating lease liability, net of current portion		481	545
Notes payable to Stauss Family Administrative Trust		667	667
Total liabilities		19,585	18,688
Commitments and Contingencies (Note 14)
Stockholders’ equity:
Common stock; at $0.0001 par value, 20,000,000 shares authorized, 10,050,265 and 10,016,936 shares issued and outstanding as of September 30, 2024 and March 31, 2024, respectively		1	1
Additional paid-in capital		57
Accumulated other comprehensive loss		(195)	(187)
Retained earnings		6,743	7,421
Total equity attributable to ZRCN Inc. stockholders		6,606	7,235
Non-controlling interests in variable interest entities		1,594	1,692
Total stockholders’ equity		8,200	8,927
Total liabilities and stockholders’ equity		$ 27,785	$ 27,615
[1]Finite-lived intangible assets have estimated useful lives of five twenty years

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Statement of Financial Position [Abstract]
Accounts receivable allowance for credit loss current	$ 132	$ 14
Common stock par value	$ 0.0001	$ 0.0001
Common stock shares authorized	20,000,000	20,000,000
Common stock shares issued	10,050,265	10,016,936
Common stock shares outstanding	10,050,265	10,016,936

Consolidated Statements Of Oper

Consolidated Statements Of Operations And Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Net sales	$ 9,362	$ 9,262	$ 15,173	$ 15,829
Cost of sales	5,356	4,872	8,816	8,495
Gross profit	4,006	4,390	6,357	7,334
Operating expenses:
General and administrative	2,025	1,721	3,486	3,390
Marketing and selling	1,105	1,035	2,008	2,175
Research and development	432	503	857	988
Total operating expenses	3,562	3,259	6,351	6,553
Income from operations	444	1,131	6	781
Other expenses:
Interest expense	203	176	426	333
Other expenses	9	10	16	19
(Gain) loss on foreign currency transactions	(62)	(42)	(165)	7
Total other expenses	150	144	277	359
Income (loss) before income taxes	294	987	(271)	422
Benefit from (provision for) income taxes	175	(133)	154	(33)
Net income (loss)	469	854	(117)	389
Net loss attributable to non-controlling interests	(176)	(13)	(98)	(96)
Net income (loss) attributable to ZRCN Inc. common stockholders	645	867	(19)	485
Gain (loss) on change in foreign currency translation adjustment	(125)	(16)	(8)	101
Comprehensive income (loss)	344	838	(125)	490
Other comprehensive income (loss) attributable to non-controlling interest	(125)	(16)	(8)	101
Comprehensive income (loss) attributable to ZRCN common stockholders	$ 645	$ 867	$ (19)	$ 485
Net income (loss) per share attributable to ZRCN Inc.:
Basic	$ 0.06	$ 0.09		$ 0.05
Diluted	$ 0.06	$ 0.09		$ 0.05
Weighted average common shares outstanding:
Basic	10,048,726	9,948,272	10,040,036	9,192,410
Diluted	10,537,975	9,986,882	10,040,036	9,231,020

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	AOCI Attributable to Parent [Member]	Additional Paid-in Capital [Member]	Receivables from Stockholder [Member]	Retained Earnings [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Balance at Mar. 31, 2023		$ 16		$ 240	$ 8,630	$ 8,406	$ 1,422	$ 9,828
Balance, shares at Mar. 31, 2023	500,000
Gain (loss) on change in foreign currency translation adjustment		117				117		117
Net (loss) income					(383)	(383)	(83)	(466)
Merger with Harmony	$ 1				(1,099)	(1,098)		(1,098)
Merger with Harmony, shares	9,448,272
Balance at Jun. 30, 2023	$ 1	133		(240)	7,148	7,042	1,339	8,381
Balance, shares at Jun. 30, 2023	9,948,272
Balance at Mar. 31, 2023		16		240	8,630	8,406	1,422	9,828
Balance, shares at Mar. 31, 2023	500,000
Gain (loss) on change in foreign currency translation adjustment								101
Net (loss) income								389
Balance at Sep. 30, 2023	$ 1	117			8,015	8,133	1,326	9,459
Balance, shares at Sep. 30, 2023	9,948,272
Balance at Jun. 30, 2023	$ 1	133		(240)	7,148	7,042	1,339	8,381
Balance, shares at Jun. 30, 2023	9,948,272
Gain (loss) on change in foreign currency translation adjustment		(16)				(16)		(16)
Net (loss) income					867	867	(13)	854
Repayment of Note Receivable from Stockholder				240		240		240
Balance at Sep. 30, 2023	$ 1	117			8,015	8,133	1,326	9,459
Balance, shares at Sep. 30, 2023	9,948,272
Balance at Mar. 31, 2024	$ 1	(187)			7,421	7,235	1,692	8,927
Balance, shares at Mar. 31, 2024	10,016,936
Stockholder distributions					(659)	(659)		(659)
Gain (loss) on change in foreign currency translation adjustment		117				117		117
Common stock issued for advisory services			40			40		40
Common stock issued for advisory services, shares	25,000
Net (loss) income					(664)	(664)	78	(586)
Balance at Jun. 30, 2024	$ 1	(70)	40		6,098	6,069	1,770	7,839
Balance, shares at Jun. 30, 2024	10,041,936
Balance at Mar. 31, 2024	$ 1	(187)			7,421	7,235	1,692	8,927
Balance, shares at Mar. 31, 2024	10,016,936
Gain (loss) on change in foreign currency translation adjustment								(8)
Net (loss) income								(117)
Merger with Harmony								(1,098)
Balance at Sep. 30, 2024	$ 1	(195)	57		6,743	6,606	1,594	8,200
Balance, shares at Sep. 30, 2024	10,050,265
Balance at Jun. 30, 2024	$ 1	(70)	40		6,098	6,069	1,770	7,839
Balance, shares at Jun. 30, 2024	10,041,936
Gain (loss) on change in foreign currency translation adjustment		(125)				(125)		(125)
Common stock issued for advisory services			7			7		7
Common stock issued for advisory services, shares	8,329
Net (loss) income					645	645	(176)	469
Share based compensation			10			10		10
Balance at Sep. 30, 2024	$ 1	$ (195)	$ 57		$ 6,743	$ 6,606	$ 1,594	$ 8,200
Balance, shares at Sep. 30, 2024	10,050,265

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$ (117)	$ 389
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Depreciation expense	467	284
Amortization of intangible assets	55	40
Amortization of right-of-use assets	53	104
Inventory obsolescence impairment	531
Provision for credit losses	118	4
Amortization of financing costs	36
Share based compensation expense	10
Common stock issued for advisory services	47
(Gain) loss on foreign currency transactions	(165)	7
Deferred tax asset	(192)
Changes in operating assets and liabilities:
Accounts receivable	(710)	(2,181)
Inventory	385	(1,446)
Prepaid expenses and other assets	(170)	81
Federal tax deposit	(66)	(78)
Deferred financing costs	(326)
Accounts payable	(1,122)	2,206
Accrued expenses	704	551
Operating lease liabilities	(54)	(86)
Net cash used in operating activities	(516)	(125)
CASH FLOWS FROM INVESTING ACTIVITIES
Effect of Harmony Merger, net of cash acquired		(519)
Purchase of property and equipment	(686)	(356)
Net cash used in investing activities	(686)	(875)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of notes payable		(176)
Repayment of debt assumed in Harmony Merger	(75)	(317)
Borrowing on line of credit	10,580	9,225
Repayment on line of credit	(9,288)	(7,520)
Stockholder distributions	(245)
Net cash provided by financing activities	972	1,212
Effect of exchange rate fluctuations on cash	151	2
Net (decrease) increase in cash	(79)	214
Cash at beginning of year	502	29
Cash at end of period	423	243
Supplemental disclosure of cash flow information:
Cash paid for interest	407	131
Cash paid for taxes	279	78
Noncash investing and financing activities:
Stockholder distributions in Accounts payable	414
Right-of-use assets obtained in exchange for operating lease liability	35
Common stock issued in connection with Harmony merger		19
Fair value of Advisor Warrants issued to effectuate Harmony Merger		302
Assets acquired in Harmony Merger		1
Liabilities assumed in Harmony Merger		$ (580)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Rule 10b5-1 Arrangement Modified	false
Non-Rule 10b5-1 Arrangement Modified	false

Organization

Organization	6 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. Organization The Business Zircon Corporation, ZRCN’s wholly-owned subsidiary, was incorporated in California in 1977. The Company, through Zircon, is principally engaged in the design and manufacture of electronic-based consumer hardware and sells its products primarily to retail outlets located throughout the United States, Canada, Japan and Europe. The Company and Zircon operate from their headquarters located in Campbell, California and an affiliate entity of Zircon, Zircon de Mexico S.A. de C.V., located in Ensenada, Mexico. The operations of the Company and Zircon are supported also by an affiliated entity of Zircon, Zircon Corporation Limited, located in the United Kingdom. On April 14, 2023 (the “Closing Date”), Zircon Corporation (“Zircon”) effectuated a merger and reorganization with Harmony Energy Technologies, Inc. (“Harmony”), a Delaware Corporation, ZRCN Inc., a California corporation and a wholly owned subsidiary of Harmony (the “Merger Sub”). The merger leverages Zircon’s sensor-based, ASIC (“Application-Specific Integrated Circuits”) processor technology and patent portfolio, to accelerate growth in its product lines and global markets as a publicly disclosed company, in accordance with the Securities Act of 1933 and the Exchange Act of 1934, both as amended. The combination of Harmony and Zircon was effectuated through a merger (the “Merger”) of Merger Sub into Zircon. The separate existence of Merger Sub ceased, and Merger Sub was merged with and into Zircon (Zircon, as the surviving corporation following the Merger). Upon completion of the Merger, Harmony changed its name to ZRCN Inc. (“ZRCN” or the “Company”). While Harmony was the legal acquirer of Zircon in the Merger, the Merger is treated as a reverse recapitalization, whereby Zircon is deemed to be the accounting acquirer, and the historical financial statements of Zircon became the historical financial statements of Harmony (renamed ZRCN Inc.) upon the closing of the Merger. Under this method of accounting, Harmony was treated as the “acquired” company and Zircon is treated as the acquirer for financial reporting purposes. Accordingly, for accounting purposes, the Merger was treated as the equivalent of Zircon issuing stock for the net assets of Harmony, accompanied by a recapitalization. The net assets of Harmony were stated at historical cost, with no goodwill or other intangible assets recorded.

Liquidity

Liquidity	6 Months Ended
	Sep. 30, 2024
Liquidity
Liquidity	2. Liquidity As of September 30, 2024, the Company had $ 0.4 14.2 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	3. Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited consolidated financial statements and related disclosures have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) applicable to interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation of the Company and its subsidiaries’ financial position and interim results as of and for the periods presented have been included. All such adjustments are of a normal recurring nature unless disclosed otherwise. Results for interim periods are not necessarily indicative of those that may be expected for a full year. The financial information included herein should be read in conjunction with our audited consolidated financial statements and related notes included in our Annual Report for the year ended March 31, 2024, in our Form 10-K. The merger between Harmony’s wholly owned subsidiary and Zircon was accounted for as a reverse asset acquisition in accordance with GAAP. Under this method of accounting, Harmony, through its merger subsidiary, was treated as the “acquired” company and Zircon was treated as the acquirer for financial reporting purposes. The consolidated assets, liabilities and results of operations prior to the merger are those of Zircon. Refer to Note 4 for additional information on the transaction. Principles of Consolidation The accompanying unaudited consolidated financial statements include the accounts of ZRCN as well as its variable interest entities. The Company consolidates all entities over which the Company has the power to govern the financial and operating policies and therefore exercises control, and upon which the Company has a controlling financial interest. The entities are consolidated from the date at which the Company obtains control and are de-consolidated from the date at which control ceases. All intercompany balances and transactions have been eliminated. Accounting policies of the entities have been revised where necessary to ensure consistency with the policies adopted by the Company. Under Accounting Standards Codification (“ASC”) Topic 810-10-25, Consolidation Variable Interest Entities In accordance with ASC 810, Consolidation ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 If an entity is determined to be a VIE, the Company evaluates whether the Company is the primary beneficiary. The primary beneficiary analysis is a qualitative analysis based on power and economics. The Company consolidates a VIE if both power and benefits belong to the Company - that is, the Company (i) has the power to direct the activities of a VIE that most significantly influence the VIE’s economic performance (power), and (ii) has the obligation to absorb losses of, or the right to receive benefits from, the VIE that could potentially be significant to the VIE (benefits). The Company consolidates VIEs whenever it is determined that the Company is the primary beneficiary. The Company has determined that ZDM and Zircon UK are variable interest entities with the Company’s wholly owned subsidiary, Zircon, as the primary beneficiary, and thus the Company, with the ability to exercise control, as determined under the guidance of ASC 810. In its determination, management considered the following qualitative and quantitative factors: a. the overall purpose and design of the entities, which exist primarily for the benefit of or on behalf of the Company and; b. the Company’s contractual and common control arrangements with the VIEs, through which it gains both the power to direct the activities that most significantly impact their economic performance, and the obligation to absorb losses and receive benefits that potentially could be significant to the VIEs; c. the equity at risk of the entities is not sufficient to finance the entities’ activities without additional subordinated financial support by the Company (i.e., the entities are thinly capitalized). Non-controlling Interests The Company follows ASC 810, which governs the accounting for and reporting of non-controlling interests (“NCIs”) in partially owned consolidated entities and the loss of control of those entities. Non-controlling interest positions, which represent 100% of the activity in the Company’s consolidated entities before intercompany transactions have been eliminated, are reported as a separate component of consolidated stockholders’ equity from the equity attributable to ZRCN’s stockholders for all years presented. The net income attributed to the NCI’s is separately designated in the accompanying unaudited consolidated statements of operations and comprehensive income (loss). Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported amounts of revenues and expenses. Significant estimates used in preparing these unaudited consolidated financial statements include the provision for credit losses, allowance for inventory obsolescence, allocation of overhead to inventory, estimated future benefit and fair value of intangible assets, accrued rebates and advertising allowances, useful lives and depreciation methods of property and equipment, and uncertain tax positions. It is at least reasonably possible that the significant estimates used will change within the next year. Cash The carrying value of cash approximates fair value due to the short-term nature of the instruments. From time to time, the Company may be in the position of a “book overdraft” in which outstanding checks exceed cash. The Company classifies book overdrafts in accounts payable within its unaudited consolidated balance sheets and classifies the change in accounts payable associated with book overdrafts as an operating activity within the unaudited consolidated statement of cash flows. As of September 30, 2024, the book overdraft included within accounts payable was $ 0.1 0.4 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 Accounts Receivable, Net Accounts receivables are stated at the amount the Company expects to collect. The Company provides credit without requiring collateral, in the normal course of business, to credit-worthy customers as determined by management’s review of references and credit reports. Bad debts are charged against the provision for credit losses. The provision for credit losses is adjusted to provide a specific and general allowance for estimated uncollectible accounts, which is based on management’s judgment based on a number of factors, including the length of time the receivables are past due, significant one-time events and historical experience. Balances that are still outstanding after management has used reasonable collection efforts are written off through a charge to the provision for credit losses and a credit to accounts receivable. Based on management’s assessment of the credit history with customers having outstanding balances and current relationships with them, management believes that losses on balances outstanding will not exceed the provision for credit losses. Accounts receivable consisted of the following: Schedule of Accounts Receivable September 30, 2024 March 31, 2024 (In thousands) (Unaudited) Accounts receivable $ 9,367 $ 8,658 Less provision for credit losses (132 ) (14 ) Accounts receivable, net $ 9,235 $ 8,644 Activity related to the Company’s provision for credit losses was as follows: Schedule of Provision for Credit losses September 30, 2024 March 31, 2024 (In thousands) (Unaudited) Balance, beginning of period $ 14 $ 10 Credit loss provision 118 4 Balance, end of period $ 132 $ 14 Inventory Inventories, which consist primarily of raw materials and finished goods, are stated at the lower of cost or net realizable value. The Company states inventory cost utilizing the first-in, first-out (FIFO) method. Labor and overhead associated with inventory purchases are estimated and capitalized in inventory. The need for an allowance for inventory obsolescence is based on an evaluation of slow-moving or obsolete inventory. Revenue Recognition The Company’s revenues result from the sale of products and reflect the consideration to which the Company expects to be entitled. The Company records revenue based on a five-step model in accordance with ASC 606, Revenue from Contracts with Customers Provisions for customer volume rebates, product returns, discounts and allowances are variable consideration and are recorded as a reduction of revenue in the same period the related sales are recorded. Such provisions are calculated using historical averages adjusted for any expected changes due to current business conditions. Consideration given to customers for cooperative advertising is recognized as a reduction of revenue except to the extent that there is a distinct good or service and evidence of the fair value of the advertising, in which case the expense is classified as marketing and selling expense. Advertising expenses included within marketing and selling expenses were $ 0.1 0.2 0.1 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 Research and Development The Company incurs research and development costs of products for use in scanning behind opaque surfaces. The Company will continue to invest in research and development to develop additional components and products of its scanning product offerings and remains committed to providing its customers and partners with best-in-class scanning products and services. Such research and development costs, software development costs, and any new product development costs, are expensed as incurred, and include personnel-related costs, depreciation related to engineering and test equipment, allocated costs of facilities and information technology, outside services and consultant costs, supplies, software tools and product certification. Share Based Compensation The Company expenses share based compensation to employees and non-employees over the requisite service period based on the estimated grant-date fair value of the awards. The Company accounts for forfeitures as they occur. Share-based awards with graded-vesting schedules are recognized on a straight-line basis over the requisite service period for each separately vesting portion of the award. For awards with performance conditions, compensation cost is recognized over the requisite service period based on the actual or expected achievement of the performance condition. The Company estimates the fair value of stock option grants using the Black-Scholes option pricing model, and the assumptions used in calculating the fair value of share-based awards represent management’s best estimates and involve inherent uncertainties and the application of management’s judgment. The Company estimates the fair value of restricted stock award grants on the date of issuance. All share-based compensation costs are recorded in general and administrative or research and development costs in the condensed consolidated statements of operations and comprehensive income (loss) based upon the underlying individual’s role at the Company. Share based awards that do not meet the criteria for equity classification are recorded as liabilities and adjusted to fair value at the end of each reporting period. Comprehensive Loss Comprehensive loss of all periods presented is comprised primarily of net loss and foreign currency translation adjustments. Segment Reporting The Company determines its reporting units in accordance with FASB ASC 280, Segment Reporting Concentration of Business and Credit Risk As of September 30, 2024, the Company maintained deposits in a single bank that exceeded the federal insured deposit limit of the Federal Deposit Insurance Corporation (FDIC). ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 During the three months ended September 30, 2024 and 2023 the Company generated approximately 78 65 73 64 As of September 30, 2024 and March 31, 2024, 83 77 Fair Value of Financial Instruments In accordance with FASB ASC 820 Fair Value Measurements and Disclosures a. Level 1 – inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets; b. Level 2 – inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability other than quoted prices, either directly or indirectly including inputs in markets that are not considered to be active; and c. Level 3 – inputs to the valuation methodology are unobservable and insignificant to the fair value measurement. Categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The Company believes the carrying amounts of its cash, accounts receivable, prepaid expenses and other assets, accounts payable, accrued expenses, and other current liabilities approximated their fair values as of September 30, 2024 and March 31, 2024 due to their short-term nature. Management measures intangible assets at fair value on a non-recurring basis using internally developed assumptions about the market as there is no market activity available. All carrying amounts of other applicable assets and liabilities on the Company’s balance sheet approximate fair value. For long-term debt, the estimated fair value approximates its carrying value, as the interest rate is in line with the market interest rates for this type of debt. Income Taxes Income taxes are recorded in accordance with ASC 740, Income Taxes As of April 14, 2023, Zircon’s election to be an S Corporation under the Internal Revenue Code was no longer in effect. ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 Net Income (Loss) Per Share Basic net loss per share of common stock is computed by dividing net income or loss attributable to ZRCN by the weighted average number of shares of common stock outstanding for the period. Diluted loss per share excludes, when applicable, the potential impact of common stock warrant shares and other dilutive instruments because their effect would be anti-dilutive. Diluted net income per share, when applicable, includes the warrant shares because their effect would be dilutive. The dilutive securities outstanding are as follows: Schedule of Dilutive Securities Outstanding September 30, 2024 March 31, 2024 Common stock warrants 217,184 217,184 Stock options 298,000 — Leases In February 2016, the FASB issued an accounting standard, ASC Topic 842, related to leases to increase transparency and comparability among organizations by requiring the recognition of right-of-use (“ROU”) assets and lease liabilities on the balance sheet. Most significant among the changes in the standard is the recognition of ROU assets and lease liabilities by lessees for those leases classified as operating leases under previous U.S. GAAP. Under this standard, disclosures are required to meet the objective of enabling users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. The Company’s lease arrangements relate primarily to office space, a vehicle, and office equipment. The Company’s leases may include renewal options and rent escalation clauses. The Company is typically required to make fixed minimum rent payments relating to its right to use an underlying leased asset. The Company determines if an arrangement is a lease at inception and classifies its leases at commencement. Operating leases are presented as right-of-use (“ROU”) assets and the corresponding lease liabilities are included in operating lease liabilities, current and operating lease liabilities on the Company’s unaudited consolidated balance sheets. ROU assets represent the Company’s right to use an underlying asset, and lease liabilities represent the Company’s obligation for lease payments in exchange for the ability to use the asset for the duration of the lease term. The Company does not recognize short term leases that have a term of twelve months or less as ROU assets or lease liabilities. ROU assets and lease liabilities are recognized at commencement date and determined using the present value of the future minimum lease payments over the lease term. The Company uses an incremental borrowing rate based on estimated rate of interest for collateralized borrowing since the Company’s leases do not include an implicit interest rate. The estimated incremental borrowing rate considers market data, actual lease economic environment, and actual lease term at commencement date. The lease term may include options to extend when it is reasonably certain that the Company will exercise that option. The Company recognizes lease expense on a straight-line basis over the lease term. The Company has lease agreements which contain both lease and non-lease components, which it has not elected to account for as a single lease component. As such, minimum lease payments exclude fixed payments for non-lease components within a lease agreement, in addition to excluding variable lease payments not dependent on an index or rate, such as common area maintenance, operating expenses, utilities, or other costs that are subject to fluctuation from period to period. Warrants The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in ASC 480, Distinguishing Liabilities from Equity Derivatives and Hedging ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of stockholders’ equity at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be liability classified and recorded at their initial fair value on the date of issuance and remeasured at fair value and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the statements of operations. The fair value of the private placement warrants was estimated using a Black Scholes valuation approach with assumptions relevant on the date of issuance and the fair value of the penny warrants issued in connection with the Merger was estimated using the intrinsic value method. Recently Issued Accounting Pronouncements As an emerging growth company, the Company will have the option of adopting new accounting pronouncements on a delayed basis and has opted to take advantage of this option. As a result, the Company has been adopting new accounting standards based on the timeline for adoption afforded to privately held companies, unless it chooses to early adopt a new accounting standard. Recently Issued Accounting Standards Not Yet Adopted In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures. The new standard requires a company to disclose incremental segment information on an annual and interim basis, including significant segment expenses and measures of profit or loss that are regularly provided to the chief operating decision maker. The standard is effective for the Company beginning in fiscal year 2024 and interim periods within fiscal year 2025, with early adoption permitted. The Company does not expect to early adopt the new standard. The Company is currently evaluating the impact of ASU 2023-07 on its unaudited consolidated financial statements and related disclosures and will adopt the new standard using a retrospective approach. In December 2023, the FASB also issued ASU 2023-09, Income Taxes (Topic 740) - Improvements to Income Tax Disclosures. The new standard requires a company to expand its existing income tax disclosures, specifically related to the rate reconciliation and income taxes paid. The standard is effective for the Company for annual periods beginning after December 15, 2024, with early adoption permitted. The Company does not expect to early adopt the new standard. The new standard is expected to be applied prospectively, but retrospective application is permitted. The Company is currently evaluating the impact of ASU 2023-09 on its unaudited consolidated financial statements and related disclosures. In March 2024, FASB issued ASU No. 2024-01, “Compensation- Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards.” ASU 2024-01 provides an illustrative example that includes four fact patterns to demonstrate how an entity should apply the scope guidance in paragraph 718-10-15-3 to determine whether a profits interest award should be accounted for in accordance with Topic 718. ASU 2024-01 is effective for fiscal years beginning after December 15, 2024. The Company is currently evaluating the impact of ASU 2024-01 on its unaudited consolidated financial statements and related disclosures. In November 2024, the FASB issued ASU 2024-03, the intent of which is to improve financial reporting and respond to investor input by requiring public business entities to disclose additional information about certain expenses in the notes to financial statements in interim and annual reporting periods. Among other provisions, the new standard requires disclosure of disaggregated amounts for expenses such as employee compensation, depreciation, and intangible asset amortization included in each expense caption presented on the face of the income statement. Public business entities are required to include certain amounts that are already required to be disclosed under GAAP in the same disclosure as the other disaggregation requirements as well as a qualitative description of any amounts remaining in relevant expense captions that are not separately disaggregated quantitatively. The new standard also requires disclosure of the total amount of selling expenses and, in annual reporting periods, an entity’s definition of selling expenses. An entity is not precluded from providing additional voluntary disclosures that may provide investors with additional decision-useful information The amendments in the new standard are effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027, with early adoption permitted. The amendments in the new standard should be applied either prospectively to financial statements issued for reporting periods after the effective date or retrospectively to any or all prior periods presented in the financial statements. Management is evaluating the new standard and has not yet determined when, or the method by which, the Company will adopt its amendments

Merger with Harmony Energy Tech

Merger with Harmony Energy Technologies Corporation	6 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Merger with Harmony Energy Technologies Corporation	4. Merger with Harmony Energy Technologies Corporation On April 14, 2023 (the “Closing Date”), Harmony closed the Merger with Zircon, as a result of which Zircon became a wholly-owned subsidiary of Harmony. While Harmony was the legal acquirer of Zircon in the Merger, for accounting purposes, the Merger is treated as a reverse recapitalization, whereby Zircon is deemed to be the accounting acquirer, and the historical financial statements of Zircon became the historical financial statements of Harmony (renamed ZRCN Inc.) upon the closing of the Merger. Under this method of accounting, Harmony was treated as the “acquired” company and Zircon is treated as the acquirer for financial reporting purposes. Accordingly, for accounting purposes, the Merger was treated as the equivalent of Zircon issuing stock for the net assets of Harmony, accompanied by a recapitalization. The net assets of Harmony were stated at historical cost, with no goodwill or other intangible assets recorded. As part of the Merger and reverse recapitalization, the Company assumed certain operating liabilities of Harmony, including certain payables due to vendors and employees, as well as notes payable to noteholders. In addition, Zircon and Harmony effectuated a share exchange whereby the shareholders of Zircon exchanged 500,000 100 8,865,234 89 1,057,754 25,284 1,083,038 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 Zircon agreed to pay the operating liabilities of Harmony, up to and including an aggregate of $ 0.2 0.6 0.4 0.1 0.1 Zircon paid transaction costs of $ 0.5 217,184 0.3 The following table reconciles the elements of the Merger to the unaudited consolidated statements of changes in stockholders’ equity for the six months ended September 30, 2023: Schedule of Consolidated Statements of Changes in Stockholders Equity (In thousands) Recapitalization Cash $ — Non-cash net working capital assumed from Harmony (579 ) Less: cash transaction costs and advisory fees allocated to ZRCN equity (519 ) Effect of Merger, net of transaction costs $ (1,098 ) The following table details the number of shares of common stock issued immediately following the consummation of the Merger: Schedule of Number of Shares of Common Stock Number of Shares Common stock of Harmony prior to Merger 1,057,754 Shares issued for Warrant Exchange Agreement 25,284 Common stock owned by Harmony’s pre-Merger shareholders 1,083,038 Common stock issued in exchange for Zircon common stock 8,865,234 Total shares of common stock immediately after Merger 9,948,272 Debt Settlement Agreement In connection with the Merger, the Company entered into debt settlement agreements (the “Debt Settlement Agreements”) with certain third-party creditors of the Company under which the Company agreed to make certain payments over the next 12 months to the creditors in satisfaction of an aggregate of $ 0.4 0.4 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

Revenue

Revenue	6 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue	5. Revenue Disaggregation of Revenue from Contracts with Customers Revenue disaggregated according to the timing of transfer of goods or services (e.g., at a point in time) for the three and six months ended September 30, 2024 and 2023, respectively, were as follows: Schedule of Revenue Disaggregated Transfer of Goods and Services For the Three Months Ended September 30, For the Six Months Ended September 30, (In thousands) 2024 2023 2024 2023 Revenue generated per major product line (Unaudited) (Unaudited) Stud sensor edge $ 6,479 $ 5,838 $ 9,476 $ 9,690 Multifunctional scanners 1,588 1,186 2,363 2,253 Stud sensor center 542 1,355 1,696 2,447 Target control products 486 463 946 778 Other 267 420 692 661 Total Revenue $ 9,362 $ 9,262 $ 15,173 $ 15,829 Revenue disaggregated according to the geographical location of customers for the three and six months ended September 30, 2024 and 2023, respectively, were as follows: Schedule of Revenue Disaggregated Geographical Location of Customers For the Three Months Ended September 30, For the Six Months Ended September 30, (In thousands) 2024 2023 2024 2023 Revenue by geographic location of customers (Unaudited) (Unaudited) United States $ 8,418 $ 8,511 $ 13,519 $ 14,226 Canada 550 359 824 784 Japan 190 151 243 429 Europe 124 38 456 120 Others 80 203 131 270 Total Revenue $ 9,362 $ 9,262 $ 15,173 $ 15,829

Inventory

Inventory	6 Months Ended
	Sep. 30, 2024
Inventory Disclosure [Abstract]
Inventory	6. Inventory Inventory consisted of the following: Schedule of Inventory September 30, 2024 March 31, 2024 (In thousands) (Unaudited) (Audited) Finished goods, net $ 7,516 $ 6,930 Raw materials, net 3,697 4,909 Work in process, net 1,928 2,218 Inventory net $ 13,141 $ 14,057 Allowance for slow moving and obsolete inventory was estimated at $ 1.0 0.4 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

Property and Equipment

Property and Equipment	6 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Property and Equipment	7. Property and Equipment Property and equipment consisted of the following: Schedule of Plant and Equipment September 30, 2024 March 31, 2024 (In thousands) (Unaudited) (Audited) Manufacturing equipment $ 9,854 $ 9,315 Computer equipment 2,796 2,774 Leasehold improvements 1,164 1,218 Furniture and office equipment 915 955 Vehicles 272 275 Property and equipment, gross 15,001 14,537 Construction in progress 186 423 Property and equipment before accumulated depreciation and amortization 15,187 14,960 Less accumulated depreciation and amortization (13,372 ) (13,157 ) Property and equipment, net $ 1,815 $ 1,803 For the three and six months ended September 30, 2024, depreciation and amortization expense was $ 0.2 0.5 0.1 0.3 Construction in progress consists of assets and technologies under development. The Company starts depreciation once the assets are completed and placed in service.

Intangible Assets

Intangible Assets	6 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	8. Intangible Assets The Company’s intangible assets consisted of the following: Schedule of Intangible Assets September 30, 2024 March 31, 2024 (In thousands) (Unaudited) Finite-lived intangible assets (1): Intangibles, Gross Accumulated Amortization Intangibles, Net Intangibles, Gross Accumulated Amortization Intangibles, Net Patents issued and pending 2,342 (1,664 ) 678 2,340 (1,615 ) 725 Exclusivity rights and licenses 168 (107 ) 61 168 (101 ) 67 Total finite-lived intangible assets $ 2,510 $ (1,771 ) $ 739 $ 2,508 $ (1,716 ) $ 792 Finite-lived intangible assets (1): September 30, 2024 Weighted Average Life Remaining Patents issued and pending 13.5 Exclusivity rights and licenses 5.3 (1) Finite-lived intangible assets have estimated useful lives of five twenty years For the three and six months ended September 30, 2024, amortization expense was less than $ 0.1 0.1 0.1 Expected future amortization expense of acquired finite-lived intangible assets as of September 30, 2024 is as follows: Schedule of Future Amortization Expense For the Years Ending March 31, (In thousands) Amount Remainder of fiscal 2025 $ 51 2026 102 2027 102 2028 90 2029 90 Thereafter 304 Total $ 739 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

Accrued Expenses

Accrued Expenses	6 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Accrued Expenses	9. Accrued Expenses Accrued expenses consisted of the following: Schedule of Accrued Liabilities September 30, 2024 March 31, 2024 (In thousands) (Unaudited) Rebates $ 505 $ 538 Stockholder distributions 414 — Accrued taxes 385 361 Sales expense 375 205 Payroll and related 370 334 Advertising allowance 365 134 Vacation 333 389 Professional services 59 94 Interest 18 75 Accrued liabilities $ 2,824 $ 2,130

Debt

Debt	6 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Debt	10. Debt Line of Credit On May 31, 2024, the Company entered into a Revolving Credit Agreement (the “Credit Agreement”) with FGI Worldwide LLC, as Agent for the lender (“FGI”). The Credit Agreement provides for a $ 15.0 8.8 May 31, 2027 The Credit Agreement stipulates a base rate measured by the sum of Term SOFR for a period of one month, as published by the CME Group Benchmark Administration Limited (or any successor administration of Term SOFR) two business days prior to the beginning of the calendar month and a percentage equal to 0.10% (10 basis points) per annum. If at any time the displayed Term SOFR is less than 0.00%, Term SOFR is deemed to be 0.00% for the purposes of the credit facility. The Credit Agreement bears interest measured by such outstanding amounts on receivable advances and inventory advances that accrue interest at the greater of 5.25% per annum or 3.00% above the base rate. Interest is charged on the last day of each month on a daily net balance of funds advanced or otherwise charged to the Company. The Credit Agreement requires the Company to comply with a maximum total net leverage of $15.0 million and a minimum fixed charge coverage ratio of 1.10. As of September 30, 2024 the Company was not in compliance with the fixed charge coverage ratio and is working with the lender to obtain a waiver The Company recognized deferred financing costs of approximately $ 326,000 36,000 no 0.3 0.4 0.1 0.3 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 The components of the Credit Agreement consisted of the following: Schedule of Revolving Line of Credit September 30, 2024 March 31, 2024 (In thousands) (Unaudited) SOFR $ 9,318 $ 8,026 Excess of SOFR — — Line of credit $ 9,318 $ 8,026 Notes payable to Stauss Family Administrative Trust The Company has notes payable to the Stauss Family Administrative Trust to repay loans made to the Company. As of September 30, 2024, the principal balance of $ 0.7 5.5 0.2 On March 31, 2024 the Stauss Family Administrative Trust and the Company agreed to extend the maturity date of the Notes Payable to the trust to December 31, 2025. For the three and six months ended September 30, 2024 the interest expense on notes payable to the Stauss Family Administrative Trust totaled less than $ 0.1 0.1 Loan Repayment Section 13(k) of the Exchange Act provides that it is unlawful for a company, such as ours, that has a class of securities registered under Section 12 of the Exchange Act to, directly or indirectly, including through any subsidiary, extend or maintain credit in the form of a personal loan to or for any director or executive officer of the Company. In March 2022, Zircon Corporation, the Company’s wholly-owned subsidiary, loaned our chief executive officer funds to pay certain tax obligations, which was still outstanding when we acquired Zircon in April 2023, which may have violated Section 13(k) of the Exchange Act as a result of the transition from private to public company accounting. The loan was repaid in August 2023 as soon as management became aware of the possible violation. The loan repayment was made by means of an offset to beneficial amounts of our chief executive officer in certain loans to the Company to which offset he did not object. Issuers that are found to have violated Section 13(k) of the Exchange Act may be subject to civil sanctions, including injunctive remedies and monetary penalties, as well as criminal sanctions. In accordance with ASC 450, Contingencies

Profit Sharing and 401(k) Plan

Profit Sharing and 401(k) Plan	6 Months Ended
	Sep. 30, 2024
Retirement Benefits [Abstract]
Profit Sharing and 401(k) Plan	11. Profit Sharing and 401(k) Plan The Company has a defined contribution profit sharing plan for all eligible employees. Contributions to the profit sharing plan are determined annually by the Board of Directors. There were no profit sharing contributions made during the three and six months ended September 30, 2024 and 2023. All eligible employees are also allowed to participate in the Company’s 401(k) plan. The Company’s contributions to the plan are based on a specified percentage of each participant’s eligible contribution, decided annually by the Board of Directors, as defined in the plan document. The Company’s contributions of less than $ 0.1 0.1 0.1 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

Equity

Equity	6 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Equity	12. Equity On February 28, 2024 the Company adopted a 2024 Equity Incentive Plan (the “Equity Plan”). The Plan provides for granting of stock options (“Options”), restricted stock units (“RSUs”), and other equity-based awards tied to the value of shares of common stock to key personnel, including directors, officers, employees, consultants, and advisors of the Company and its subsidiaries. The Plan provides for the grant of options (which may include “incentive stock options” (“ISOs”) within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”)), stock appreciation rights (“SARs”), restricted stock, restricted stock units (“RSUs”), and other stock-based awards. As of September 30, 2024, 40,000,000 298,000 39,702,000 The following table summarizes the Company’s employee and non-employee Option activity under the Equity Plan for the following periods: Schedule Employee and Non-employee Option Activity Number of shares Weighted average exercise price Weighted average remaining term (years) Aggregate intrinsic value (in thousands) Outstanding as of March 31, 2024 — $ — — $ — Options granted 100,000 0.88 4.8 — Outstanding as of June 30, 2024 100,000 0.88 4.8 — Options granted 198,000 0.88 3.7 — Outstanding as of September 30, 2024 298,000 $ 0.88 3.8 $ — Vested and exercisable as of September 30, 2024 — $ — — $ — During the three and six months ended September 30, 2024, the Company issued 198,000 298,000 0.1 48,000 250,000 As of September 30, 2024 there was $ 0.1 On June 30, 2024, the Company issued 25,000 0.1 8,329 0.1 During the six months ended September 30, 2024 the Company made a distribution of $ 0.7 0.3 0.4

Warrants

Warrants	6 Months Ended
	Sep. 30, 2024
Warrants
Warrants	13. Warrants At the closing of the Merger, the Company issued certain consultants and advisors warrants to purchase an aggregate of 217,184 0.20 0.3 1.60 The following table provides the activity for all warrants for six months ended September 30, 2024: Schedule of Warrants Activity Total Warrants Weighted Average Remaining Term Weighted Average Exercise Price Outstanding as of March 31, 2024 217,184 9.2 $ 0.20 Outstanding as of September 30, 2024 217,184 8.7 $ 0.20 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	14. Commitments and Contingencies Legal Proceedings Zircon is engaged in procedures to protect its proprietary rights and has filed complaints with the Federal Trade Commission and the Customs and Border Patrol. Zircon Corporation v. Stanley Black & Decker, Inc. A stay, placed on Zircon’s patent infringement suit filed against Stanley Black & Decker, Inc. (“SBD”) in the Federal District Court in the Northern District of California in December 2019, was released on May 8, 2024 following disposition of the International Trade Commission (“ITC”) matter between the parties filed by Zircon. The parties met and conferred and participated in a Court supervised mediation on September 18, 2024 that resulted in a Settlement Agreement entered into on October 15, 2024. Pursuant to the Settlement Agreement, Zircon and Stanley provided releases to one another and their respective subsidiaries and affiliates and Stanley received a fully paid patent license under certain Zircon patents in exchange for payment to Zircon of $ 0.8 Claim Asserted by Mr. Michael Green In April 2024, Mr. Michael Green, an individual in Great Britain, asserted violation by Zircon in its U.S. website of certain privacy protections under the laws of Great Britain. The Company believes its U.S. website has not violated the laws of Great Britain and that, in any event, has responded stating such laws do not apply outside Great Britain. As of the date of filing these financial statements, Mr. Green has not responded to the Company and has not asserted any claim for damages. Leases The Company’s corporate headquarters in Campbell, California are leased from the trust of one of the former shareholders of Corporation for approximately $ 0.2 0.1 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 The Company leases office equipment through a lease that expires in June 2026 and requires monthly lease payments of less than $ 0.1 five year 0.1 0.1 The Company had leased a vehicle that expired on July 2024 and required monthly lease payments of less than $ 0.1 three years 0.1 three years 0.1 0.1 As of September 30, 2024, the Company had an operating lease right-of-use asset of $ 0.7 The components of lease expense, which include short-term and variable lease expense and are included in selling, general and administrative expense, are as follows: Schedule of Components of Lease Expense (In thousands) September 30, 2024 September 30, 2023 (Unaudited) Components of lease cost: Operating lease expense $ 53 $ 104 Short-term lease cost — Total lease cost $ 53 $ 104 The following table provides the weighted average lease term and weighted average discount rate as of September 30, 2024 and 2023, respectively: Schedule of Weighted Average Remaining Lease Terms and Discount Rate September 30, 2024 September 30, 2023 (Unaudited) Weighted average remaining lease term (in years) 3.65 4.17 Weighted average discount rate 7.00 % 7.00 % Future minimum lease payment under non-cancellable lease as of September 30, 2024 are as follows: Schedule of Future Minimum Lease Payment Under Non-cancellable Lease Maturities of lease liabilities (In thousands) Operating Leases Year ending March 31, Remainder of fiscal 2025 $ 212 2026 219 2027 169 2028 103 2029 and thereafter — Total Minimum Lease Payments 703 Less effects of discounting (17 ) Present value of future minimum lease liabilities 686 Less current portion of operating lease liability (205 ) Operating lease liability, net of current portion $ 481 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

Related Party Transactions

Related Party Transactions	6 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Related Party Transactions	15. Related Party Transactions Zircon is a member of a controlled group of companies and has revenue and cost-sharing activities with other members of the controlled group. Results of operations and financial condition may not represent amounts that would have been reported if Zircon operated as an unaffiliated entity. Zircon has an exclusive manufacturing and technical assistance agreement with Zircon de Mexico S.A. de C.V. (the “Contractor”), an entity which is owned by certain shareholders of Zircon. Under the terms of the agreement, Zircon provides materials, technical assistance, and expertise to the Contractor, and the Contractor assembles certain of Zircon’s products. In September 2017, an affiliated company, Zircon Corporation Limited, was established in the United Kingdom to facilitate the sale of Zircon’s products to European customers and operations began during the year ended March 31, 2019. The ownership structure of the affiliate is similar to the ownership of the premerger ownership of Zircon. The Company leases from the Stauss Family Administrative Trust a 14,000 The Company has notes payable to the Stauss Family Administrative Trust to repay loans made to the Company. As of March 31, 2024, principal balance of $ 0.7 5.5 0.2 0.1 For the three and six months ended September 30, 2023, the interest expense on notes payable to the Stauss Family Administrative Trust totaled less than $ 0.1 On March 31, 2024 the Stauss Family Administrative Trust and the Company agreed to extend the maturity date of the Notes Payable to the trust to December 31, 2025.

Subsequent events

Subsequent events	6 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent events	16. Subsequent events On October 7, 2024 Mr. Brian Wong was added to the Company’s Board of Directors On October 11, 2024 the Company disbursed approximately $ 0.4 On October 15, 2024 the Company. entered into a Settlement Agreement (the “Settlement Agreement”) with SBD, pursuant to which, among other things, the parties entered into a in full settlement of all pending claims brought by the Company against SBD and each party agreed to release and discharge all claims against the other, including any claims that were or could have been asserted in the litigation. The Settlement Agreement provides that Zircon shall grant SBD and its affiliates a worldwide, non-exclusive, fully paid-up, irrevocable license under the Licensed Patents (as defined in the Settlement Agreement) for the term thereof to make, use, sell, offer for sale, have made and/or import the Licensed Activities and Products (as defined in the Settlement Agreement) in consideration for a one-time payment of $ 800,000 On October 18, 2024 Ms. Linda Graebner was added to the Company’s Board of Directors On October 21, 2024 SBD made the Settlement Payment to the Company.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements and related disclosures have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) applicable to interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation of the Company and its subsidiaries’ financial position and interim results as of and for the periods presented have been included. All such adjustments are of a normal recurring nature unless disclosed otherwise. Results for interim periods are not necessarily indicative of those that may be expected for a full year. The financial information included herein should be read in conjunction with our audited consolidated financial statements and related notes included in our Annual Report for the year ended March 31, 2024, in our Form 10-K. The merger between Harmony’s wholly owned subsidiary and Zircon was accounted for as a reverse asset acquisition in accordance with GAAP. Under this method of accounting, Harmony, through its merger subsidiary, was treated as the “acquired” company and Zircon was treated as the acquirer for financial reporting purposes. The consolidated assets, liabilities and results of operations prior to the merger are those of Zircon. Refer to Note 4 for additional information on the transaction.
Principles of Consolidation	Principles of Consolidation The accompanying unaudited consolidated financial statements include the accounts of ZRCN as well as its variable interest entities. The Company consolidates all entities over which the Company has the power to govern the financial and operating policies and therefore exercises control, and upon which the Company has a controlling financial interest. The entities are consolidated from the date at which the Company obtains control and are de-consolidated from the date at which control ceases. All intercompany balances and transactions have been eliminated. Accounting policies of the entities have been revised where necessary to ensure consistency with the policies adopted by the Company. Under Accounting Standards Codification (“ASC”) Topic 810-10-25, Consolidation
Variable Interest Entities	Variable Interest Entities In accordance with ASC 810, Consolidation ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 If an entity is determined to be a VIE, the Company evaluates whether the Company is the primary beneficiary. The primary beneficiary analysis is a qualitative analysis based on power and economics. The Company consolidates a VIE if both power and benefits belong to the Company - that is, the Company (i) has the power to direct the activities of a VIE that most significantly influence the VIE’s economic performance (power), and (ii) has the obligation to absorb losses of, or the right to receive benefits from, the VIE that could potentially be significant to the VIE (benefits). The Company consolidates VIEs whenever it is determined that the Company is the primary beneficiary. The Company has determined that ZDM and Zircon UK are variable interest entities with the Company’s wholly owned subsidiary, Zircon, as the primary beneficiary, and thus the Company, with the ability to exercise control, as determined under the guidance of ASC 810. In its determination, management considered the following qualitative and quantitative factors: a. the overall purpose and design of the entities, which exist primarily for the benefit of or on behalf of the Company and; b. the Company’s contractual and common control arrangements with the VIEs, through which it gains both the power to direct the activities that most significantly impact their economic performance, and the obligation to absorb losses and receive benefits that potentially could be significant to the VIEs; c. the equity at risk of the entities is not sufficient to finance the entities’ activities without additional subordinated financial support by the Company (i.e., the entities are thinly capitalized).
Non-controlling Interests	Non-controlling Interests The Company follows ASC 810, which governs the accounting for and reporting of non-controlling interests (“NCIs”) in partially owned consolidated entities and the loss of control of those entities. Non-controlling interest positions, which represent 100% of the activity in the Company’s consolidated entities before intercompany transactions have been eliminated, are reported as a separate component of consolidated stockholders’ equity from the equity attributable to ZRCN’s stockholders for all years presented. The net income attributed to the NCI’s is separately designated in the accompanying unaudited consolidated statements of operations and comprehensive income (loss).
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported amounts of revenues and expenses. Significant estimates used in preparing these unaudited consolidated financial statements include the provision for credit losses, allowance for inventory obsolescence, allocation of overhead to inventory, estimated future benefit and fair value of intangible assets, accrued rebates and advertising allowances, useful lives and depreciation methods of property and equipment, and uncertain tax positions. It is at least reasonably possible that the significant estimates used will change within the next year.
Cash	Cash The carrying value of cash approximates fair value due to the short-term nature of the instruments. From time to time, the Company may be in the position of a “book overdraft” in which outstanding checks exceed cash. The Company classifies book overdrafts in accounts payable within its unaudited consolidated balance sheets and classifies the change in accounts payable associated with book overdrafts as an operating activity within the unaudited consolidated statement of cash flows. As of September 30, 2024, the book overdraft included within accounts payable was $ 0.1 0.4 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023
Accounts Receivable, Net	Accounts Receivable, Net Accounts receivables are stated at the amount the Company expects to collect. The Company provides credit without requiring collateral, in the normal course of business, to credit-worthy customers as determined by management’s review of references and credit reports. Bad debts are charged against the provision for credit losses. The provision for credit losses is adjusted to provide a specific and general allowance for estimated uncollectible accounts, which is based on management’s judgment based on a number of factors, including the length of time the receivables are past due, significant one-time events and historical experience. Balances that are still outstanding after management has used reasonable collection efforts are written off through a charge to the provision for credit losses and a credit to accounts receivable. Based on management’s assessment of the credit history with customers having outstanding balances and current relationships with them, management believes that losses on balances outstanding will not exceed the provision for credit losses. Accounts receivable consisted of the following: Schedule of Accounts Receivable September 30, 2024 March 31, 2024 (In thousands) (Unaudited) Accounts receivable $ 9,367 $ 8,658 Less provision for credit losses (132 ) (14 ) Accounts receivable, net $ 9,235 $ 8,644 Activity related to the Company’s provision for credit losses was as follows: Schedule of Provision for Credit losses September 30, 2024 March 31, 2024 (In thousands) (Unaudited) Balance, beginning of period $ 14 $ 10 Credit loss provision 118 4 Balance, end of period $ 132 $ 14
Inventory	Inventory Inventories, which consist primarily of raw materials and finished goods, are stated at the lower of cost or net realizable value. The Company states inventory cost utilizing the first-in, first-out (FIFO) method. Labor and overhead associated with inventory purchases are estimated and capitalized in inventory. The need for an allowance for inventory obsolescence is based on an evaluation of slow-moving or obsolete inventory.
Revenue Recognition	Revenue Recognition The Company’s revenues result from the sale of products and reflect the consideration to which the Company expects to be entitled. The Company records revenue based on a five-step model in accordance with ASC 606, Revenue from Contracts with Customers Provisions for customer volume rebates, product returns, discounts and allowances are variable consideration and are recorded as a reduction of revenue in the same period the related sales are recorded. Such provisions are calculated using historical averages adjusted for any expected changes due to current business conditions. Consideration given to customers for cooperative advertising is recognized as a reduction of revenue except to the extent that there is a distinct good or service and evidence of the fair value of the advertising, in which case the expense is classified as marketing and selling expense. Advertising expenses included within marketing and selling expenses were $ 0.1 0.2 0.1 ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023
Research and Development	Research and Development The Company incurs research and development costs of products for use in scanning behind opaque surfaces. The Company will continue to invest in research and development to develop additional components and products of its scanning product offerings and remains committed to providing its customers and partners with best-in-class scanning products and services. Such research and development costs, software development costs, and any new product development costs, are expensed as incurred, and include personnel-related costs, depreciation related to engineering and test equipment, allocated costs of facilities and information technology, outside services and consultant costs, supplies, software tools and product certification.
Share Based Compensation	Share Based Compensation The Company expenses share based compensation to employees and non-employees over the requisite service period based on the estimated grant-date fair value of the awards. The Company accounts for forfeitures as they occur. Share-based awards with graded-vesting schedules are recognized on a straight-line basis over the requisite service period for each separately vesting portion of the award. For awards with performance conditions, compensation cost is recognized over the requisite service period based on the actual or expected achievement of the performance condition. The Company estimates the fair value of stock option grants using the Black-Scholes option pricing model, and the assumptions used in calculating the fair value of share-based awards represent management’s best estimates and involve inherent uncertainties and the application of management’s judgment. The Company estimates the fair value of restricted stock award grants on the date of issuance. All share-based compensation costs are recorded in general and administrative or research and development costs in the condensed consolidated statements of operations and comprehensive income (loss) based upon the underlying individual’s role at the Company. Share based awards that do not meet the criteria for equity classification are recorded as liabilities and adjusted to fair value at the end of each reporting period.
Comprehensive Loss	Comprehensive Loss Comprehensive loss of all periods presented is comprised primarily of net loss and foreign currency translation adjustments.
Segment Reporting	Segment Reporting The Company determines its reporting units in accordance with FASB ASC 280, Segment Reporting
Concentration of Business and Credit Risk	Concentration of Business and Credit Risk As of September 30, 2024, the Company maintained deposits in a single bank that exceeded the federal insured deposit limit of the Federal Deposit Insurance Corporation (FDIC). ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 During the three months ended September 30, 2024 and 2023 the Company generated approximately 78 65 73 64 As of September 30, 2024 and March 31, 2024, 83 77
Fair Value of Financial Instruments	Fair Value of Financial Instruments In accordance with FASB ASC 820 Fair Value Measurements and Disclosures a. Level 1 – inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets; b. Level 2 – inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability other than quoted prices, either directly or indirectly including inputs in markets that are not considered to be active; and c. Level 3 – inputs to the valuation methodology are unobservable and insignificant to the fair value measurement. Categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The Company believes the carrying amounts of its cash, accounts receivable, prepaid expenses and other assets, accounts payable, accrued expenses, and other current liabilities approximated their fair values as of September 30, 2024 and March 31, 2024 due to their short-term nature. Management measures intangible assets at fair value on a non-recurring basis using internally developed assumptions about the market as there is no market activity available. All carrying amounts of other applicable assets and liabilities on the Company’s balance sheet approximate fair value. For long-term debt, the estimated fair value approximates its carrying value, as the interest rate is in line with the market interest rates for this type of debt.
Income Taxes	Income Taxes Income taxes are recorded in accordance with ASC 740, Income Taxes As of April 14, 2023, Zircon’s election to be an S Corporation under the Internal Revenue Code was no longer in effect. ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023
Net Income (Loss) Per Share	Net Income (Loss) Per Share Basic net loss per share of common stock is computed by dividing net income or loss attributable to ZRCN by the weighted average number of shares of common stock outstanding for the period. Diluted loss per share excludes, when applicable, the potential impact of common stock warrant shares and other dilutive instruments because their effect would be anti-dilutive. Diluted net income per share, when applicable, includes the warrant shares because their effect would be dilutive. The dilutive securities outstanding are as follows: Schedule of Dilutive Securities Outstanding September 30, 2024 March 31, 2024 Common stock warrants 217,184 217,184 Stock options 298,000 —
Leases	Leases In February 2016, the FASB issued an accounting standard, ASC Topic 842, related to leases to increase transparency and comparability among organizations by requiring the recognition of right-of-use (“ROU”) assets and lease liabilities on the balance sheet. Most significant among the changes in the standard is the recognition of ROU assets and lease liabilities by lessees for those leases classified as operating leases under previous U.S. GAAP. Under this standard, disclosures are required to meet the objective of enabling users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. The Company’s lease arrangements relate primarily to office space, a vehicle, and office equipment. The Company’s leases may include renewal options and rent escalation clauses. The Company is typically required to make fixed minimum rent payments relating to its right to use an underlying leased asset. The Company determines if an arrangement is a lease at inception and classifies its leases at commencement. Operating leases are presented as right-of-use (“ROU”) assets and the corresponding lease liabilities are included in operating lease liabilities, current and operating lease liabilities on the Company’s unaudited consolidated balance sheets. ROU assets represent the Company’s right to use an underlying asset, and lease liabilities represent the Company’s obligation for lease payments in exchange for the ability to use the asset for the duration of the lease term. The Company does not recognize short term leases that have a term of twelve months or less as ROU assets or lease liabilities. ROU assets and lease liabilities are recognized at commencement date and determined using the present value of the future minimum lease payments over the lease term. The Company uses an incremental borrowing rate based on estimated rate of interest for collateralized borrowing since the Company’s leases do not include an implicit interest rate. The estimated incremental borrowing rate considers market data, actual lease economic environment, and actual lease term at commencement date. The lease term may include options to extend when it is reasonably certain that the Company will exercise that option. The Company recognizes lease expense on a straight-line basis over the lease term. The Company has lease agreements which contain both lease and non-lease components, which it has not elected to account for as a single lease component. As such, minimum lease payments exclude fixed payments for non-lease components within a lease agreement, in addition to excluding variable lease payments not dependent on an index or rate, such as common area maintenance, operating expenses, utilities, or other costs that are subject to fluctuation from period to period.
Warrants	Warrants The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in ASC 480, Distinguishing Liabilities from Equity Derivatives and Hedging ZRCN Inc. CONDENSED NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of stockholders’ equity at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be liability classified and recorded at their initial fair value on the date of issuance and remeasured at fair value and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the statements of operations. The fair value of the private placement warrants was estimated using a Black Scholes valuation approach with assumptions relevant on the date of issuance and the fair value of the penny warrants issued in connection with the Merger was estimated using the intrinsic value method.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements As an emerging growth company, the Company will have the option of adopting new accounting pronouncements on a delayed basis and has opted to take advantage of this option. As a result, the Company has been adopting new accounting standards based on the timeline for adoption afforded to privately held companies, unless it chooses to early adopt a new accounting standard. Recently Issued Accounting Standards Not Yet Adopted In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures. The new standard requires a company to disclose incremental segment information on an annual and interim basis, including significant segment expenses and measures of profit or loss that are regularly provided to the chief operating decision maker. The standard is effective for the Company beginning in fiscal year 2024 and interim periods within fiscal year 2025, with early adoption permitted. The Company does not expect to early adopt the new standard. The Company is currently evaluating the impact of ASU 2023-07 on its unaudited consolidated financial statements and related disclosures and will adopt the new standard using a retrospective approach. In December 2023, the FASB also issued ASU 2023-09, Income Taxes (Topic 740) - Improvements to Income Tax Disclosures. The new standard requires a company to expand its existing income tax disclosures, specifically related to the rate reconciliation and income taxes paid. The standard is effective for the Company for annual periods beginning after December 15, 2024, with early adoption permitted. The Company does not expect to early adopt the new standard. The new standard is expected to be applied prospectively, but retrospective application is permitted. The Company is currently evaluating the impact of ASU 2023-09 on its unaudited consolidated financial statements and related disclosures. In March 2024, FASB issued ASU No. 2024-01, “Compensation- Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards.” ASU 2024-01 provides an illustrative example that includes four fact patterns to demonstrate how an entity should apply the scope guidance in paragraph 718-10-15-3 to determine whether a profits interest award should be accounted for in accordance with Topic 718. ASU 2024-01 is effective for fiscal years beginning after December 15, 2024. The Company is currently evaluating the impact of ASU 2024-01 on its unaudited consolidated financial statements and related disclosures. In November 2024, the FASB issued ASU 2024-03, the intent of which is to improve financial reporting and respond to investor input by requiring public business entities to disclose additional information about certain expenses in the notes to financial statements in interim and annual reporting periods. Among other provisions, the new standard requires disclosure of disaggregated amounts for expenses such as employee compensation, depreciation, and intangible asset amortization included in each expense caption presented on the face of the income statement. Public business entities are required to include certain amounts that are already required to be disclosed under GAAP in the same disclosure as the other disaggregation requirements as well as a qualitative description of any amounts remaining in relevant expense captions that are not separately disaggregated quantitatively. The new standard also requires disclosure of the total amount of selling expenses and, in annual reporting periods, an entity’s definition of selling expenses. An entity is not precluded from providing additional voluntary disclosures that may provide investors with additional decision-useful information The amendments in the new standard are effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027, with early adoption permitted. The amendments in the new standard should be applied either prospectively to financial statements issued for reporting periods after the effective date or retrospectively to any or all prior periods presented in the financial statements. Management is evaluating the new standard and has not yet determined when, or the method by which, the Company will adopt its amendments

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Schedule of Accounts Receivable	Accounts receivable consisted of the following: Schedule of Accounts Receivable September 30, 2024 March 31, 2024 (In thousands) (Unaudited) Accounts receivable $ 9,367 $ 8,658 Less provision for credit losses (132 ) (14 ) Accounts receivable, net $ 9,235 $ 8,644
Schedule of Provision for Credit losses	Activity related to the Company’s provision for credit losses was as follows: Schedule of Provision for Credit losses September 30, 2024 March 31, 2024 (In thousands) (Unaudited) Balance, beginning of period $ 14 $ 10 Credit loss provision 118 4 Balance, end of period $ 132 $ 14
Schedule of Dilutive Securities Outstanding	Schedule of Dilutive Securities Outstanding September 30, 2024 March 31, 2024 Common stock warrants 217,184 217,184 Stock options 298,000 —

Merger with Harmony Energy Te_2

Merger with Harmony Energy Technologies Corporation (Tables)	6 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Consolidated Statements of Changes in Stockholders Equity	The following table reconciles the elements of the Merger to the unaudited consolidated statements of changes in stockholders’ equity for the six months ended September 30, 2023: Schedule of Consolidated Statements of Changes in Stockholders Equity (In thousands) Recapitalization Cash $ — Non-cash net working capital assumed from Harmony (579 ) Less: cash transaction costs and advisory fees allocated to ZRCN equity (519 ) Effect of Merger, net of transaction costs $ (1,098 )
Schedule of Number of Shares of Common Stock	The following table details the number of shares of common stock issued immediately following the consummation of the Merger: Schedule of Number of Shares of Common Stock Number of Shares Common stock of Harmony prior to Merger 1,057,754 Shares issued for Warrant Exchange Agreement 25,284 Common stock owned by Harmony’s pre-Merger shareholders 1,083,038 Common stock issued in exchange for Zircon common stock 8,865,234 Total shares of common stock immediately after Merger 9,948,272

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Revenue Disaggregated Transfer of Goods and Services	Revenue disaggregated according to the timing of transfer of goods or services (e.g., at a point in time) for the three and six months ended September 30, 2024 and 2023, respectively, were as follows: Schedule of Revenue Disaggregated Transfer of Goods and Services For the Three Months Ended September 30, For the Six Months Ended September 30, (In thousands) 2024 2023 2024 2023 Revenue generated per major product line (Unaudited) (Unaudited) Stud sensor edge $ 6,479 $ 5,838 $ 9,476 $ 9,690 Multifunctional scanners 1,588 1,186 2,363 2,253 Stud sensor center 542 1,355 1,696 2,447 Target control products 486 463 946 778 Other 267 420 692 661 Total Revenue $ 9,362 $ 9,262 $ 15,173 $ 15,829
Schedule of Revenue Disaggregated Geographical Location of Customers	Revenue disaggregated according to the geographical location of customers for the three and six months ended September 30, 2024 and 2023, respectively, were as follows: Schedule of Revenue Disaggregated Geographical Location of Customers For the Three Months Ended September 30, For the Six Months Ended September 30, (In thousands) 2024 2023 2024 2023 Revenue by geographic location of customers (Unaudited) (Unaudited) United States $ 8,418 $ 8,511 $ 13,519 $ 14,226 Canada 550 359 824 784 Japan 190 151 243 429 Europe 124 38 456 120 Others 80 203 131 270 Total Revenue $ 9,362 $ 9,262 $ 15,173 $ 15,829

Inventory (Tables)

Inventory (Tables)	6 Months Ended
	Sep. 30, 2024
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventory consisted of the following: Schedule of Inventory September 30, 2024 March 31, 2024 (In thousands) (Unaudited) (Audited) Finished goods, net $ 7,516 $ 6,930 Raw materials, net 3,697 4,909 Work in process, net 1,928 2,218 Inventory net $ 13,141 $ 14,057

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Plant and Equipment	Property and equipment consisted of the following: Schedule of Plant and Equipment September 30, 2024 March 31, 2024 (In thousands) (Unaudited) (Audited) Manufacturing equipment $ 9,854 $ 9,315 Computer equipment 2,796 2,774 Leasehold improvements 1,164 1,218 Furniture and office equipment 915 955 Vehicles 272 275 Property and equipment, gross 15,001 14,537 Construction in progress 186 423 Property and equipment before accumulated depreciation and amortization 15,187 14,960 Less accumulated depreciation and amortization (13,372 ) (13,157 ) Property and equipment, net $ 1,815 $ 1,803

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	The Company’s intangible assets consisted of the following: Schedule of Intangible Assets September 30, 2024 March 31, 2024 (In thousands) (Unaudited) Finite-lived intangible assets (1): Intangibles, Gross Accumulated Amortization Intangibles, Net Intangibles, Gross Accumulated Amortization Intangibles, Net Patents issued and pending 2,342 (1,664 ) 678 2,340 (1,615 ) 725 Exclusivity rights and licenses 168 (107 ) 61 168 (101 ) 67 Total finite-lived intangible assets $ 2,510 $ (1,771 ) $ 739 $ 2,508 $ (1,716 ) $ 792 Finite-lived intangible assets (1): September 30, 2024 Weighted Average Life Remaining Patents issued and pending 13.5 Exclusivity rights and licenses 5.3 (1) Finite-lived intangible assets have estimated useful lives of five twenty years
Schedule of Future Amortization Expense	Expected future amortization expense of acquired finite-lived intangible assets as of September 30, 2024 is as follows: Schedule of Future Amortization Expense For the Years Ending March 31, (In thousands) Amount Remainder of fiscal 2025 $ 51 2026 102 2027 102 2028 90 2029 90 Thereafter 304 Total $ 739

Accrued Expenses (Tables)

Accrued Expenses (Tables)	6 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	Accrued expenses consisted of the following: Schedule of Accrued Liabilities September 30, 2024 March 31, 2024 (In thousands) (Unaudited) Rebates $ 505 $ 538 Stockholder distributions 414 — Accrued taxes 385 361 Sales expense 375 205 Payroll and related 370 334 Advertising allowance 365 134 Vacation 333 389 Professional services 59 94 Interest 18 75 Accrued liabilities $ 2,824 $ 2,130

Debt (Tables)

Debt (Tables)	6 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Revolving Line of Credit	The components of the Credit Agreement consisted of the following: Schedule of Revolving Line of Credit September 30, 2024 March 31, 2024 (In thousands) (Unaudited) SOFR $ 9,318 $ 8,026 Excess of SOFR — — Line of credit $ 9,318 $ 8,026

Equity (Tables)

Equity (Tables)	6 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Schedule Employee and Non-employee Option Activity	The following table summarizes the Company’s employee and non-employee Option activity under the Equity Plan for the following periods: Schedule Employee and Non-employee Option Activity Number of shares Weighted average exercise price Weighted average remaining term (years) Aggregate intrinsic value (in thousands) Outstanding as of March 31, 2024 — $ — — $ — Options granted 100,000 0.88 4.8 — Outstanding as of June 30, 2024 100,000 0.88 4.8 — Options granted 198,000 0.88 3.7 — Outstanding as of September 30, 2024 298,000 $ 0.88 3.8 $ — Vested and exercisable as of September 30, 2024 — $ — — $ —

Warrants (Tables)

Warrants (Tables)	6 Months Ended
	Sep. 30, 2024
Warrants
Schedule of Warrants Activity	The following table provides the activity for all warrants for six months ended September 30, 2024: Schedule of Warrants Activity Total Warrants Weighted Average Remaining Term Weighted Average Exercise Price Outstanding as of March 31, 2024 217,184 9.2 $ 0.20 Outstanding as of September 30, 2024 217,184 8.7 $ 0.20

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Components of Lease Expense	The components of lease expense, which include short-term and variable lease expense and are included in selling, general and administrative expense, are as follows: Schedule of Components of Lease Expense (In thousands) September 30, 2024 September 30, 2023 (Unaudited) Components of lease cost: Operating lease expense $ 53 $ 104 Short-term lease cost — Total lease cost $ 53 $ 104
Schedule of Weighted Average Remaining Lease Terms and Discount Rate	The following table provides the weighted average lease term and weighted average discount rate as of September 30, 2024 and 2023, respectively: Schedule of Weighted Average Remaining Lease Terms and Discount Rate September 30, 2024 September 30, 2023 (Unaudited) Weighted average remaining lease term (in years) 3.65 4.17 Weighted average discount rate 7.00 % 7.00 %
Schedule of Future Minimum Lease Payment Under Non-cancellable Lease	Future minimum lease payment under non-cancellable lease as of September 30, 2024 are as follows: Schedule of Future Minimum Lease Payment Under Non-cancellable Lease Maturities of lease liabilities (In thousands) Operating Leases Year ending March 31, Remainder of fiscal 2025 $ 212 2026 219 2027 169 2028 103 2029 and thereafter — Total Minimum Lease Payments 703 Less effects of discounting (17 ) Present value of future minimum lease liabilities 686 Less current portion of operating lease liability (205 ) Operating lease liability, net of current portion $ 481

Liquidity (Details Narrative)

Liquidity (Details Narrative) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Liquidity
Cash	$ 423	$ 502
Working capital deficit	$ 14,200

Schedule of Accounts Receivable

Schedule of Accounts Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Accounting Policies [Abstract]
Accounts receivable	$ 9,367	$ 8,658
Less provision for credit losses	(132)	(14)
Accounts receivable, net	$ 9,235	$ 8,644

Schedule of Provision for Credi

Schedule of Provision for Credit losses (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 31, 2024	Sep. 30, 2024	Sep. 30, 2023
Accounting Policies [Abstract]
Balance, beginning of period	$ 10	$ 14
Credit loss provision	4	118	$ 4
Balance, end of period	$ 14	$ 132

Schedule of Dilutive Securities

Schedule of Dilutive Securities Outstanding (Details) - shares	3 Months Ended	6 Months Ended
	Mar. 31, 2024	Sep. 30, 2024
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock warrants	217,184	217,184
Equity Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock warrants		298,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Product Information [Line Items]
Accounts payable	$ 0.1	$ 0.4		$ 0.1
Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk [Member] | Three Customers [Member]
Product Information [Line Items]
Concentration risk percentage	78%		65%	73%	64%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Three Customers [Member]
Product Information [Line Items]
Concentration risk percentage		77%		83%
Selling and Marketing Expense [Member]
Product Information [Line Items]
Marketing and selling expenses	$ 0.1		$ 0.1	$ 0.2	$ 0.1

Schedule of Consolidated Statem

Schedule of Consolidated Statements of Changes in Stockholders Equity (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Cash
Non-cash net working capital assumed from Harmony		(579)
Less: cash transaction costs and advisory fees allocated to ZRCN equity		(519)
Effect of Merger, net of transaction costs	$ (1,098)	$ (1,098)

Schedule of Number of Shares of

Schedule of Number of Shares of Common Stock (Details) - shares		3 Months Ended	6 Months Ended
	Apr. 14, 2023	Sep. 30, 2024	Sep. 30, 2024
Business Acquisition [Line Items]
Total shares of common stock immediately after Merger		198,000	298,000
Pre-Merger Shareholders [Member]
Business Acquisition [Line Items]
Total shares of common stock immediately after Merger	1,083,038
Warrant Exchange Agreement [Member]
Business Acquisition [Line Items]
Total shares of common stock immediately after Merger	25,284
Harmony Common Stock Prior to Merger [Member]
Business Acquisition [Line Items]
Total shares of common stock immediately after Merger	1,057,754
Zircon [Member]
Business Acquisition [Line Items]
Total shares of common stock immediately after Merger	8,865,234
Harmony Energy Technologies Corporation [Member]
Business Acquisition [Line Items]
Total shares of common stock immediately after Merger	9,948,272

Merger with Harmony Energy Te_3

Merger with Harmony Energy Technologies Corporation (Details Narrative) - USD ($) $ in Thousands		3 Months Ended					6 Months Ended
	Apr. 14, 2023	Sep. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Issuance of shares		198,000					298,000
Operating liabilities									$ 200
Notes outstanding	$ 600
Repayments of loan and notes payable	400
Repayments of loans and notes upon closing acquisition	$ 100
Repayments of debt			$ 100	$ 100	$ 100	$ 100	$ 75	$ 317
Pre-Merger Shareholders [Member]
Business Acquisition [Line Items]
Issuance of shares	1,083,038
Advisor [Member]
Business Acquisition [Line Items]
Transaction costs	$ 500
Class of warrant	217,184
Fair value	$ 300
Warrant Exchange Agreement [Member]
Business Acquisition [Line Items]
Issuance of shares	25,284
Debt Settlement Agreement [Member]
Business Acquisition [Line Items]
Repayments of debt							400
Debt		$ 400					$ 400
Zircon [Member]
Business Acquisition [Line Items]
Shares exchanged	500,000
Common stock percentage	100%
Issuance of shares	8,865,234
Harmony Energy Technologies Corporation [Member]
Business Acquisition [Line Items]
Common stock percentage	89%
Issuance of shares	9,948,272
Number of shares retained	1,057,754

Schedule of Revenue Disaggregat

Schedule of Revenue Disaggregated Transfer of Goods and Services (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total Revenue	$ 9,362	$ 9,262	$ 15,173	$ 15,829
Stud Sensor Edge [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	6,479	5,838	9,476	9,690
Multifunctional Scanners [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	1,588	1,186	2,363	2,253
Stud Sensor Center [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	542	1,355	1,696	2,447
Target Control Products [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	486	463	946	778
Other [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 267	$ 420	$ 692	$ 661

Schedule of Revenue Disaggreg_2

Schedule of Revenue Disaggregated Geographical Location of Customers (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total Revenue	$ 9,362	$ 9,262	$ 15,173	$ 15,829
UNITED STATES
Disaggregation of Revenue [Line Items]
Total Revenue	8,418	8,511	13,519	14,226
CANADA
Disaggregation of Revenue [Line Items]
Total Revenue	550	359	824	784
JAPAN
Disaggregation of Revenue [Line Items]
Total Revenue	190	151	243	429
Europe [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	124	38	456	120
Other [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 80	$ 203	$ 131	$ 270

Schedule of Inventory (Details)

Schedule of Inventory (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Inventory Disclosure [Abstract]
Finished goods, net	$ 7,516	$ 6,930
Raw materials, net	3,697	4,909
Work in process, net	1,928	2,218
Inventory net	$ 13,141	$ 14,057

Inventory (Details Narrative)

Inventory (Details Narrative) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2024	Sep. 30, 2024
Inventory Disclosure [Abstract]
Obsolescence allowance	$ 0.4	$ 1

Schedule of Plant and Equipment

Schedule of Plant and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 15,001	$ 14,537
Construction in progress	186	423
Property and equipment before accumulated depreciation and amortization	15,187	14,960
Less accumulated depreciation and amortization	(13,372)	(13,157)
Property and equipment, net	1,815	1,803
Manufacturing Facility [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	9,854	9,315
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	2,796	2,774
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,164	1,218
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	915	955
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 272	$ 275

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Property, Plant and Equipment [Abstract]
Depreciation and amortization expense	$ 200	$ 100	$ 467	$ 284

Schedule of Intangible Assets (

Schedule of Intangible Assets (Details) - USD ($) $ in Thousands		Sep. 30, 2024	Mar. 31, 2024
Finite-Lived Intangible Assets [Line Items]
Intangibles, Gross, Total	[1]	$ 2,510	$ 2,508
Accumulated Amortization, Total	[1]	(1,771)	(1,716)
Intangible assets, Total	[1]	739	792
Patents Issued and Pending [Member]
Finite-Lived Intangible Assets [Line Items]
Intangibles, Gross, Total	[1]	2,342	2,340
Accumulated Amortization, Total	[1]	(1,664)	(1,615)
Intangible assets, Total	[1]	$ 678	725
Exclusivity rights and licenses	[1]	13 years 6 months
Exclusivity Rights And Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Intangibles, Gross, Total	[1]	$ 168	168
Accumulated Amortization, Total	[1]	(107)	(101)
Intangible assets, Total	[1]	$ 61	$ 67
Licensing Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Exclusivity rights and licenses	[1]	5 years 3 months 18 days
[1]Finite-lived intangible assets have estimated useful lives of five twenty years

Schedule of Intangible Assets_2

Schedule of Intangible Assets (Details) (Parenthetical)	Sep. 30, 2024
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite lived intangible assets	5 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite lived intangible assets	20 years

Schedule of Future Amortization

Schedule of Future Amortization Expense (Details) - USD ($) $ in Thousands		Sep. 30, 2024	Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of fiscal 2025		$ 51
2026		102
2027		102
2028		90
2029		90
Thereafter		304
Total	[1]	$ 739	$ 792
[1]Finite-lived intangible assets have estimated useful lives of five twenty years

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 0.1	$ 0.1	$ 0.1	$ 0.1

Schedule of Accrued Liabilities

Schedule of Accrued Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Payables and Accruals [Abstract]
Rebates	$ 505	$ 538
Stockholder distributions	414
Accrued taxes	385	361
Sales expense	375	205
Payroll and related	370	334
Advertising allowance	365	134
Vacation	333	389
Professional services	59	94
Interest	18	75
Accrued liabilities	$ 2,824	$ 2,130

Schedule of Revolving Line of C

Schedule of Revolving Line of Credit (Details) - Revolving Credit Facility [Member] - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Debt Instrument [Line Items]
Line of credit	$ 9,318	$ 8,026
Secured Overnight Financing Rate (SOFR) [Member]
Debt Instrument [Line Items]
Line of credit	9,318	8,026
Excess of SOFR [Member]
Debt Instrument [Line Items]
Line of credit

Debt (Details Narrative)

Debt (Details Narrative) - USD ($)		3 Months Ended		6 Months Ended
	May 31, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Mar. 31, 2024
Line of Credit Facility [Line Items]
Deferred financing costs		$ 326,000		$ 326,000
Amortization of financing costs		36,000	$ 0	36,000	$ 0
Interest expense on the line of credit		300,000	100,000	400,000	300,000
Stauss Family Administrative Trust [Member]
Line of Credit Facility [Line Items]
Principal balance amount		$ 700,000		$ 700,000		$ 700,000
Interest accrues		5.50%		5.50%
Stockholder equity		$ 200,000		$ 200,000
Interest expense debt		$ 100,000	$ 100,000	$ 100,000	$ 100,000
Senior Secured Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit	$ 15,000,000
Line of credit	$ 8,800,000
Line of credit matures	May 31, 2027
Line of credit description	The Credit Agreement stipulates a base rate measured by the sum of Term SOFR for a period of one month, as published by the CME Group Benchmark Administration Limited (or any successor administration of Term SOFR) two business days prior to the beginning of the calendar month and a percentage equal to 0.10% (10 basis points) per annum. If at any time the displayed Term SOFR is less than 0.00%, Term SOFR is deemed to be 0.00% for the purposes of the credit facility.
Interest rate description	The Credit Agreement requires the Company to comply with a maximum total net leverage of $15.0 million and a minimum fixed charge coverage ratio of 1.10. As of September 30, 2024 the Company was not in compliance with the fixed charge coverage ratio and is working with the lender to obtain a waiver

Profit Sharing and 401(k) Plan

Profit Sharing and 401(k) Plan (Details Narrative) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Sep. 30, 2024	Mar. 31, 2023
Retirement Benefits [Abstract]
Accrued defined contribution plan	$ 0.1	$ 0.1
Defined Contribution Plan, Cost	$ 0.1

Schedule Employee and Non-emplo

Schedule Employee and Non-employee Option Activity (Details) - USD ($) shares in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Sep. 30, 2024
Equity [Abstract]
Number of shares beginning balance	100,000
Weighted average exercise price beginning balance	$ 0.88
Aggregate intrinsic value beginning balance
Number of shares options granted	198,000	100,000
Weighted average exercise price option granted	$ 0.88	$ 0.88
Weighted Average Remaining Contractual Term, Years Options Granted	3 years 8 months 12 days	4 years 9 months 18 days
Aggregate intrinsic value granted
Weighted Average Remaining Contractual Term, Years Outstanding	3 years 9 months 18 days	4 years 9 months 18 days
Number of shares ending balance	298,000	100,000	298,000
Weighted average exercise price ending balance	$ 0.88	$ 0.88	$ 0.88
Aggregate intrinsic value ending balance
Number of shares exercisable
Weighted average exercise price exercisable
Aggregate intrinsic value exercisable

Equity (Details Narrative)

Equity (Details Narrative) - USD ($) $ in Thousands			3 Months Ended		6 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Sep. 30, 2024	Jun. 30, 2024	Sep. 30, 2024	Mar. 31, 2024
Accumulated Other Comprehensive Income (Loss) [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized	40,000,000		40,000,000		40,000,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Additional Shares Authorized					298,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period					39,702,000
Number of shares issued			198,000		298,000
Number of value issued
Number of share options grant			198,000,000	100,000,000
Unvested stock based compensation					100
Distributions to stockholders					700
Shareholder for taxes					300
Cash	$ 423		$ 423		423	$ 502
Consultant [Member] | Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued	8,329	25,000
Number of value issued	$ 100	$ 100
Share-Based Payment Arrangement, Option [Member] | Board of Directors Chairman [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of value issued					$ 100
Number of share options grant					48,000
Number of share options grant					250,000

Schedule of Warrants Activity (

Schedule of Warrants Activity (Details) - $ / shares shares in Thousands	6 Months Ended	12 Months Ended
	Sep. 30, 2024	Mar. 31, 2024
Warrants
Ending outstanding warrants	217,184	217,184
Weighted average remaining term	8 years 8 months 12 days	9 years 2 months 12 days
Ending weighted average exercise price	$ 0.20	$ 0.20

Warrants (Details Narrative)

Warrants (Details Narrative) - Advisor Warrants [Member] $ / shares in Units, $ in Millions	Sep. 30, 2024 USD ($) $ / shares shares
Class of Warrant or Right [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares	217,184
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.20
Warrant, intrinsic value | $	$ 0.3
Sale of Stock, Price Per Share	$ 1.60

Schedule of Components of Lease

Schedule of Components of Lease Expense (Details) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Operating lease expense	$ 53	$ 104
Short-term lease cost
Total lease cost	$ 53	$ 104

Schedule of Weighted Average Re

Schedule of Weighted Average Remaining Lease Terms and Discount Rate (Details)	Sep. 30, 2024	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Weighted average remaining lease term (in years)	3 years 7 months 24 days	4 years 2 months 1 day
Weighted average discount rate	7%	7%

Schedule of Future Minimum Leas

Schedule of Future Minimum Lease Payment Under Non-cancellable Lease (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Remainder of fiscal 2025	$ 212
2026	219
2027	169
2028	103
2029 and thereafter
Total Minimum Lease Payments	703
Less effects of discounting	(17)
Present value of future minimum lease liabilities	686
Less current portion of operating lease liability	(205)	$ (195)
Operating lease liability, net of current portion	$ 481	$ 545

Commitments and Contingencies_2

Commitments and Contingencies (Details Narrative) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Oct. 15, 2024	Mar. 31, 2024
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Rent expense		$ 100	$ 100
Operating Lease, Right-of-Use Asset		$ 663		$ 663			$ 751
Office Equipment [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating Lease, Payments				$ 100
Lessee, Operating Lease, Remaining Lease Term		5 years		5 years
Total lease expense		$ 100	100	$ 100	$ 100
Vehicles [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating Lease, Payments	$ 100			$ 100
Lessee, Operating Lease, Remaining Lease Term	3 years	3 years		3 years
Total lease expense		$ 100	$ 100	$ 100	$ 100
Former Shareholders [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Rent expense				$ 200
Settlement Agreement [Member] | Subsequent Event [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Exchange for payment						$ 800

Related Party Transactions (Det

Related Party Transactions (Details Narrative) $ in Millions	3 Months Ended		6 Months Ended
	Sep. 30, 2024 USD ($) ft²	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) ft²	Sep. 30, 2023 USD ($)	Mar. 31, 2024 USD ($)	Apr. 14, 2023 USD ($)
Short-Term Debt [Line Items]
Notes payable						$ 0.6
Stauss Family Administrative Trust [Member]
Short-Term Debt [Line Items]
Area of land | ft²	14,000		14,000
Principal balance	$ 0.7		$ 0.7		$ 0.7
Interest accrued percentage	5.50%		5.50%
Stockholders' equity, subscriptions receivable	$ 0.2		$ 0.2
Notes payable	0.1		0.1
Interest expense debt	$ 0.1	$ 0.1	$ 0.1	$ 0.1

Subsequent events (Details Narr

Subsequent events (Details Narrative) - USD ($)		6 Months Ended
	Oct. 11, 2024	Sep. 30, 2024	Oct. 15, 2024
Subsequent Event [Line Items]
Stock Issued During Period, Value, New Issues
Subsequent Event [Member]
Subsequent Event [Line Items]
Stock Issued During Period, Value, New Issues	$ 400,000
Subsequent Event [Member] | Settlement Agreement [Member]
Subsequent Event [Line Items]
One time payment			$ 800,000