As of March 31, 2022 and 2021, property and equipment is comprised of the following:

	2022			2021
	(In thousands)
Computer equipment and software	$	219		$	217
Furniture and fixtures		163			163
Leasehold improvements		8			8
		390			388
Less accumulated depreciation and amortization		(388	)		(388	)
	$	2		$	—

Depreciation of property and equipment amounted to approximately $300 and $2,000 for the twelve months ended March 31, 2022 and 2021, respectively. During fiscal 2022, the Company did not dispose of any property and equipment. During fiscal 2021, the Company disposed of property and equipment with gross book values totaling approximately $4,000. The Company recognized a total net loss of $2,000 on these disposals in fiscal 2021.