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Note 10 - Property, Plant and Equipment
12 Months Ended
Mar. 31, 2023
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

10. Property, Plant and Equipment

 

The cost and accumulated depreciation of property and equipment at  March 31, 2023 and 2022 are as follows (in thousands):

 

  

March 31, 2023

  

March 31, 2022

 

Land

 $980  $980 

Construction in progress - equipment

  748   573 

Buildings

  5,416   5,270 

Equipment and software

  43,156   43,668 

Finance lease - right of use asset

  1   8 

Furniture and fixtures

  1,535   1,379 

Leasehold improvements

  6,815   6,634 

Property, plant and equipment, gross

  58,651   58,512 

Less accumulated depreciation

  (46,342)  (44,856)

Property, plant and equipment, net

 $12,309  $13,656 

 

Depreciation expense was $2.6 million and $2.7 million, for the fiscal years ended  March 31, 2023 and 2022, respectively.