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Note 9 - Property, Plant and Equipment
12 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

9. Property, Plant and Equipment

 

The cost and accumulated depreciation of property, plant and equipment at  March 31, 2024 and 2023 are as follows (in thousands):

 

  

March 31, 2024

  

March 31, 2023

 

Land

 $980  $980 

Construction in progress - equipment

  226   748 

Buildings

  5,416   5,416 

Equipment and software

  44,095   43,156 

Finance lease - right of use asset

     1 

Furniture and fixtures

  1,526   1,535 

Leasehold improvements

  6,990   6,815 

Property, plant and equipment, gross

  59,233   58,651 

Less accumulated depreciation

  (48,372)  (46,342)

Property, plant and equipment, net

 $10,861  $12,309 

 

Depreciation expense was $2.3 million and $2.6 million, for the fiscal years ended  March 31, 2024 and 2023, respectively.