XML 20 R11.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Fixed Assets
 12 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Fixed Assets

Note 3. Fixed Assets

Fixed assets consisted of the following (in thousands):

 

 

 

March 31,
2023

 

 

March 31,
2022

 

Laboratory equipment

 

$

1,575

 

 

$

1,171

 

Furniture and fixtures

 

 

66

 

 

 

38

 

Computer software and equipment

 

 

537

 

 

 

524

 

Fixed Assets, gross

 

 

2,178

 

 

 

1,733

 

Less accumulated depreciation

 

 

(1,276

)

 

 

(1,071

)

Fixed Assets, net

 

$

902

 

 

$

662

 

 

As of March 31, 2023 and 2022, all of the Company’s fixed assets were active and in use. Depreciation expense for the years ended March 31, 2023 and 2022 was approximately $211,000 and $128,000, respectively.