v3.22.2.2
PROPERTY AND EQUIPMENT
 6 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following as of September 30, 2022 and March 31, 2022:

 

(in thousands) 

September 30,

2022

   March 31,
2022		 
         
Clinical and medical equipment  $1,374   $1,682 
Equipment deployable as part of a service offering   868    - 
Computer equipment   527    364 
Furniture and fixtures   414    311 
Leasehold improvements   428    404 
Property and equipment, gross   3,612    2,762 
Accumulated depreciation and amortization   (855)   (767)
Property and equipment, net  $2,757   $1,995 

 

Depreciation and amortization expense for the three months ended September 30, 2022 and September 30, 2021 was $112 thousand and $65 thousand, respectively. In the three months ended September 30, 2022, upon retirement of clinical equipment determined to have no remaining useful life, $382 thousand of Clinical equipment was removed less $147 thousand of accumulated depreciation and the charge was recorded in R&D in the accompanying statement of operations. Depreciation and amortization expense for the six months ended September 30, 2022 and September 30, 2021 was $235 thousand and $123 thousand, respectively.