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7. Property and Equipment
12 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 7 – Property and Equipment

 

Property and equipment consists of the following:

 

   March 31, 
   2019   2018 
Manufacturing, lab, and other equipment  $3,575,000   $3,653,000 
Office equipment   380,000    361,000 
Furniture and fixtures   110,000    100,000 
Leasehold improvements   576,000    592,000 
    4,641,000    4,706,000 
Less: accumulated depreciation and amortization   (3,914,000)   (3,570,000)
   $727,000   $1,136,000 

 

Depreciation and amortization expense amounted to $453,000 and $490,000 for the years ended March 31, 2019 and 2018, respectively.

 

During the year ended March 31, 2019, the Company did not incur a loss or gain on the disposal of property and equipment. During the year ended March 31, 2018, the Company realized a loss of $10,000 on the disposal of property and equipment. This amount was recorded within operating expenses in the accompanying consolidated statements of comprehensive loss.