| PROPERTY AND EQUIPMENT, NET |
NOTE
3. PROPERTY AND EQUIPMENT, NET
Property
and equipment consisted of the following:
SCHEDULE OF PROPERTY AND EQUIPMENT
| | |
June 30, 2026 | | |
March 31, 2026 | |
| Land, building and improvements | |
$ | 11,907,253 | | |
$ | 11,649,918 | |
| Laboratory, manufacturing, warehouse and transportation equipment | |
| 16,253,263 | | |
| 15,701,634 | |
| Office equipment and software | |
| 373,601 | | |
| 373,601 | |
| Furniture and fixtures | |
| 556,418 | | |
| 556,418 | |
| Property and equipment, gross | |
| 29,090,535 | | |
| 28,281,571 | |
| Less: Accumulated depreciation | |
| (18,353,218 | ) | |
| (18,100,243 | ) |
| Property and equipment, net | |
$ | 10,737,317 | | |
$ | 10,181,328 | |
Depreciation
expense was $252,975 and $275,413 for the three months ended June 30, 2026 and 2025, respectively.
|