v3.26.1
Note 4 - Property and Equipment
3 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

Note 4 Property and Equipment

 

The Company’s property and equipment at June 30, 2026 and  March 31, 2026 was as follows (in thousands):

 

  

June 30,

  

March 31,

 
  

2026

  

2026

 

Property and equipment, net

        

Computer, machinery, and software equipment

 $2,652  $2,498 

Furniture and fixtures

  564   564 

Leasehold improvements

  597   597 

Capitalized internally developed software

  21,773   21,219 

Total property and equipment

  25,586   24,878 

Less accumulated depreciation and amortization

  (22,348)  (21,581)

Total property and equipment, net

 $3,238  $3,297 

 

Depreciation expense was $0.8 million and $0.1 million for the three months ended June 30, 2026 and 2025, respectively. 

 

During the three months ended June 30, 2025, the Company wrote off $0.9 million of internally developed software and the corresponding accumulated depreciation as a result of no longer using the software in operations.