Note 4 - Equipment and Leasehold Improvements

12 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

4. EQUIPMENT AND LEASEHOLD IMPROVEMENTS

Equipment and leasehold improvements consist of the following as of

March 

31,

2020

and

2019:

	20 20			201 9
	(in thousands)
Equipment	$	18,841		$	18,679
Leasehold improvements		14,736			14,723
Furniture and fixtures		369			348
		33,946			33,750
Less accumulated depreciation and amortization		(21,179	)		(19,254	)
Construction in-progress		275			256
Equipment and leasehold improvements, net	$	13,042		$	14,752

Management has determined

no

asset impairment existed as of

March 

31,

2020

and

March 31, 2019,

respectively.

Depreciation and amortization expense were approximately

$1,934,000,

$1,908,000

and

$1,877,000

for the years ended

March 31, 2020,

2019

and

2018,

respectively.