v3.26.1
Property and Equipment
 6 Months Ended
Sep. 30, 2025
Property, Plant, and Equipment [Abstract]  
Property and Equipment

6. Property and Equipment

 

Property and equipment consisted of the following:

 

   September 30, 2025   March 31, 2025 
(In thousands)  (Unaudited)     
Manufacturing equipment  $9,868   $9,806 
Computer equipment   2,901    2,824 
Leasehold improvements   1,206    1,155 
Furniture and office equipment   931    908 
Vehicles   273    272 
Property and equipment, gross   15,179    14,965 
Construction in progress   482    363 
Property and equipment before accumulated depreciation and amortization   15,661    15,328 
Less accumulated depreciation and amortization   (14,048)   (13,734)
Property and equipment, net  $1,613  $1,594 

 

For the three and six months ended September 30, 2025, depreciation and amortization expense was approximately $0.1 million and $0.3 million, respectively. For the three and six months ended September 30, 2024, depreciation and amortization expense was $0.2 million and $0.5 million, respectively.

 

Construction in progress consists of assets and technologies under development. The Company starts depreciation once the assets are completed and placed in service.