v3.25.2
Note 4 - Equipment and Leasehold Improvements, Net
3 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

4.

EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET

 

Equipment and leasehold improvements, net consist of the following as of:

 

  

June 30,

2025

  

March 31,

2025

 
  

(in thousands)

 

Equipment

 $21,967  $21,972 

Leasehold improvements

  15,138   15,138 

Furniture and fixtures

  419   419 
   37,524   37,529 

Less accumulated depreciation and amortization

  (29,235)  (28,885)

Construction-in-progress

  301   283 

Equipment and leasehold improvements, net

 $8,590  $8,927 

 

Management has determined that no asset impairment existed as of June 30, 2025. Depreciation and amortization expense were approximately $362,000 and $378,000 for the three months ended June 30, 2025 and 2024, respectively.