v3.25.2
Property and Equipment
 12 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 7 – Property and Equipment

 

Property and equipment, net consists of the following:

        
   March 31, 
   2025   2024 
Manufacturing, lab, and other equipment  $1,471,000   $1,776,000 
Office equipment   217,000    236,000 
Furniture and fixtures   121,000    128,000 
Leasehold improvements   491,000    605,000 
Property and equipment, gross   2,300,000    2,745,000 
Less: accumulated depreciation   (2,075,000)   (2,380,000)
Total property and equipment, net and equipment, net   $225,000   $365,000 

 

Depreciation expense amounted to $138,000 and $176,000 for the years ended March 31, 2025 and 2024, respectively.