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PROPERTY, PLANT AND EQUIPMENT | 9 Months Ended
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Dec. 31, 2021
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 December 31, 2021 ($) |  |  | As of March 31, 2021 ($) |
Land |  | N/A |  |  |  | 4,602 |  |  |  | 4,606 |
Buildings & facilities |  | 25 |  |  |  | 3,791 |  |  |  | 3,817 |
Plant and machinery |  | 5-20 |  |  |  | 4,636 |  |  |  | 4,579 |
Computer equipment |  | 3 |  |  |  | 229 |  |  |  | 216 |
Office equipment |  | 3-5 |  |  |  | 156 |  |  |  | 111 |
Furniture and fixtures |  | 5 |  |  |  | 133 |  |  |  | 130 |
Vehicles |  | 5 |  |  |  | 165 |  |  |  | 165 |
Construction in progress |  | N/A |  |  |  | 108 |  |  |  | 50 |
Total gross value |  |  |  |  |  | 13,820 |  |  |  | 13,674 |
Less: Accumulated depreciation |  |  |  |  |  | (3,300 | ) |  |  | (2,834 | )
Total property, plant, and equipment, net |  |  |  |  |  | 10,520 |  |  |  | 10,840 |
The depreciation expense in the three months ended December 31, 2021, and 2020, amounted to approximately $117 thousand and $124 thousand, respectively. The depreciation expense in the nine months ended December 31, 2021, and 2020, amounted to approximately $427 thousand and $302 thousand, respectively. The net decrease in total Property, Plant & Equipment is primarily due to depreciation and foreign exchange translations. The net decrease in land is primarily due to foreign exchange translations because of a decline in the value of foreign currencies. The construction in progress relates to the Maryland office extension. For more information, please refer to Note 16 – 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 http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://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 http://asc.fasb.org/extlink&oid=120429125&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 http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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