Note 4 - Equipment and Leasehold Improvements

6 Months Ended

Sep. 30, 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:

	September 3 0 , 20 20			March 31, 20 20
	(in thousands)
Equipment	$	18,959		$	18,841
Leasehold improvements		14,753			14,736
Furniture and fixtures		373			369
		34,085			33,946
Less accumulated depreciation and amortization		(22,097	)		(21,179	)
Construction-in-progress		602			275
Equipment and leasehold improvements, net	$	12,590		$	13,042

Management has determined

no

asset impairment existed as of

September 30, 2020

and

March 31, 2020,

respectively. Depreciation and amortization expense were approximately

$451,000

and

$480,000

for the

three

months ended

September 30, 2020

and

2019,

respectively. Depreciation and amortization expense were approximately

$918,000

and

$971,000

for the

six

months ended

September 30, 2020

and

2019,

respectively.