v3.26.3
Note 10 - Property, Plant and Equipment
 6 Months Ended
Sep. 30, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

10. Property, Plant and Equipment

 

The cost and accumulated depreciation of property, plant and equipment at  September 30, 2026 and  March 31, 2026 are as follows (in thousands):

 

  

September 30, 2026

  

March 31, 2026

 

Land

 $41,545  $37,770 

Construction in progress – equipment

  4,413   1,482 

Buildings

  35,151   30,989 

Equipment and software

  63,419   60,030 

Furniture and fixtures

  1,946   1,940 

Leasehold improvements

  8,296   8,276 

Property, plant and equipment, gross

  154,770   140,487 

Less accumulated depreciation

  (53,901)  (50,712)

Property, plant and equipment, net

 $100,869  $89,775 

 

Depreciation expense was $1.6 million and $0.9 million for the three months ended September 30, 2026 and 2025, respectively. Depreciation expense was $3.3 million and $1.8 million for the six months ended September 30, 2026 and 2025, respectively.