Note 4 - Property and Equipment

12 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4 — PROPERTY AND EQUIPMENT:

As of March 31, 2023 and 2022, property and equipment is comprised of the following:

	2023			2022
	(In thousands)
Computer equipment and software	$	169		$	219
Furniture and fixtures		10			163
Leasehold improvements		—			8
		179			390
Less accumulated depreciation and amortization		(178	)		(388	)
	$	1		$	2

Depreciation of property and equipment amounted to approximately $800 and $300 for the twelve months ended March 31, 2023 and 2022, respectively. During fiscal 2023, the Company disposed of fully depreciated property and equipment with a gross book value of approximately $211,000. The Company did not recognize a gain or loss on these disposals. During fiscal 2022, the Company did not dispose of any property and equipment.