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PROPERTY, PLANT AND EQUIPMENT | 12 Months Ended
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Mar. 31, 2022
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment Disclosure [Text Block] | NOTE 6 – PROPERTY, PLANT, AND EQUIPMENT
|  | (in thousands, except useful life) |
|  | Useful Life (years) |  |  | As of March 31, 2022 ($) |  |  | As of March 31, 2021 ($) |
Land |  |  | N/A |  |  |  | 4,438 |  |  |  | 4,606 |
Buildings & facilities |  |  | 25 |  |  |  | 2,810 |  |  |  | 3,817 |
Plant and machinery |  |  | 5-20 |  |  |  | 4,594 |  |  |  | 4,579 |
Computer equipment |  |  | 3 |  |  |  | 241 |  |  |  | 216 |
Office equipment |  |  | 3-5 |  |  |  | 145 |  |  |  | 111 |
Furniture and fixtures |  |  | 5 |  |  |  | 141 |  |  |  | 130 |
Vehicles |  |  | 5 |  |  |  | 163 |  |  |  | 165 |
Construction in progress |  |  | N/A |  |  |  | 108 |  |  |  | 50 |
Total gross value |  |  |  |  |  |  | 12,639 |  |  |  | 13,674 |
Less: accumulated depreciation |  |  |  |  |  |  | (3,220 | ) |  |  | (2,834 | )
Total property, plant and equipment, net |  |  |  |  |  |  | 9,419 |  |  |  | 10,840 |
The depreciation expense in Fiscal 2022 and 2021, amounted to approximately $627 thousand and $462 thousand, respectively. The net decrease in total Property, Plant & Equipment is primarily due to depreciation and foreign exchange translations because of a decrease in value of foreign currencies. In fiscal 2022, Company found cost efficient and advance facility outside the US, so it decided to impair facility worth of $833 thousand. The construction in progress relates to the Maryland office extension. For more information, please refer to Note 18, “Segment Information” for the non-current assets other than financial instruments held in the country of domicile and foreign countries.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
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