PROPERTY AND EQUIPMENT

6 Months Ended

Sep. 30, 2025

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

7. PROPERTY AND EQUIPMENT:

Property and equipment is summarized as follows (dollars in thousands):

	September 30, 2025		March 31, 2025
Leasehold improvements	$	14,582	$	14,508
Data processing equipment	5,026		5,425
Office furniture and other equipment	4,038		3,880
	23,646		23,813
Less accumulated depreciation and amortization	(17,804)		(17,629)
Property and equipment, net of accumulated depreciation and amortization	$	5,842	$	6,184

Depreciation expense on property and equipment was $1.3 million and $1.4 million for the six months ended September 30, 2025 and 2024, respectively.