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PROPERTY AND EQUIPMENT
9 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 7 — PROPERTY AND EQUIPMENT

As of December 31, 2025 and March 31, 2025, property and equipment, net, included the following (dollars in thousands):

 

 

 

December 31,
2025

 

 

March 31,
2025

 

Land and land improvements

 

$

433

 

 

$

433

 

Buildings and building improvements

 

 

9,552

 

 

 

9,552

 

Furniture, fixtures and office equipment

 

 

7,719

 

 

 

7,886

 

Leasehold improvements

 

 

496

 

 

 

493

 

Equipment leased to customers

 

 

4,997

 

 

 

4,997

 

Plant equipment

 

 

10,995

 

 

 

11,011

 

Vehicles

 

 

464

 

 

 

464

 

Construction in progress

 

 

47

 

 

 

 

Gross property and equipment

 

 

34,703

 

 

 

34,836

 

Less: accumulated depreciation

 

 

(27,336

)

 

 

(26,810

)

Total property and equipment, net

 

$

7,367

 

 

$

8,026