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PROPERTY AND EQUIPMENT
3 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 7 — PROPERTY AND EQUIPMENT

As of June 30, 2024 and March 31, 2024, property and equipment, net, included the following (dollars in thousands):

 

 

 

June 30,
2024

 

 

March 31,
2024

 

Land and land improvements

 

$

433

 

 

$

433

 

Buildings and building improvements

 

 

9,530

 

 

 

9,504

 

Furniture, fixtures and office equipment

 

 

7,941

 

 

 

7,941

 

Leasehold improvements

 

 

540

 

 

 

540

 

Equipment leased to customers

 

 

4,997

 

 

 

4,997

 

Plant equipment

 

 

11,060

 

 

 

11,142

 

Vehicles

 

 

959

 

 

 

959

 

Gross property and equipment

 

 

35,460

 

 

 

35,516

 

Less: accumulated depreciation

 

 

(26,185

)

 

 

(25,923

)

Total property and equipment, net

 

$

9,275

 

 

$

9,593