Note 4 - Property and Equipment, Net

9 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

4. Property and Equipment, net

Property and equipment, net consist of the following:  

	December 3 1 ,			March 31,
	2016			2016
	(in thousands)
Computers and software	$	360		$	360
Furniture and equipment		298			282
Leasehold improvements		59			36
		717			678
Less: accumulated depreciation		(623	)		(542	)
Total property and equipment, net	$	94		$	136

Depreciation expense was approximately

$0.03

million and

$0.04

million during the

three

months ended

December

31,

2016

and

2015,

respectively, and

$0.08

million and

$0.1

million during the

nine

months ended

December

31,

2016

and

2015,

respectively.