Note 4 - Equipment and Leasehold Improvements

3 Months Ended

Jun. 30, 2022

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:

	June 30, 2022			March 31, 2022
	(in thousands)
Equipment	$	20,386		$	20,231
Leasehold improvements		14,786			14,751
Furniture and fixtures		401			394
		35,573			35,376
Less accumulated depreciation and amortization		(24,756	)		(24,339	)
Construction-in-progress		1,099			848
Equipment and leasehold improvements, net	$	11,916		$	11,885

Management has determined no asset impairment existed as of June 30, 2022 and March 31, 2022, respectively. Depreciation and amortization expense were approximately $417,000 and $400,000 for the three months ended June 30, 2022 and 2021, respectively.