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Property, Plant, and Equipment
 12 Months Ended
Mar. 31, 2015
Property, Plant, and Equipment

NOTE 4 — PROPERTY, PLANT, AND EQUIPMENT:

As of March 31, 2015 and 2014, property, plant and equipment is comprised of the following:

 

     2015      2014  
     (In thousands)  

Computer equipment and software

      345         338   

Furniture and fixtures

      194         196   

Machinery and equipment

      12         267   

Leasehold improvements

      8         8   
  

 

 

     

 

 

  
  559      809   

Less accumulated depreciation and amortization

   (482 )    (667 ) 
  

 

 

     

 

 

  
$ 77    $ 142   
  

 

 

     

 

 

  

Depreciation of property, plant, and equipment amounted to approximately $75,000 and $88,000 for the twelve months ended March 31, 2015 and 2014, respectively. During fiscal 2015, the Company disposed of property, plant and equipment with gross book values totaling approximately $259,000. The Company recognized a total net loss of approximately $1,000 on these disposals in fiscal 2015. During fiscal 2014, the Company disposed of property, plant and equipment with gross book values totaling approximately $412,000. The Company recognized a total net gain of approximately $2,000 on these disposals in fiscal 2014.