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Fixed Assets
12 Months Ended
Mar. 31, 2019
Property Plant And Equipment [Abstract]  
Fixed Assets

2. Fixed Assets

Fixed assets consisted of the following (in thousands):

 

 

 

March 31,

2019

 

 

March 31,

2018

 

Construction in Progress

 

$

47

 

 

$

 

Laboratory equipment

 

$

3,690

 

 

$

3,695

 

Leasehold improvements

 

 

1,809

 

 

 

2,177

 

Computer software and equipment

 

 

645

 

 

 

656

 

Furniture and fixtures

 

 

213

 

 

 

319

 

Vehicles

 

 

9

 

 

 

9

 

Fixed Assets, gross

 

 

6,413

 

 

 

6,856

 

Less accumulated depreciation

 

 

(4,581

)

 

 

(4,068

)

Fixed Assets, net

 

$

1,832

 

 

$

2,788

 

 

Depreciation expense for the years ended March 31, 2019 and 2018 was approximately $969,000 and $1,253,000, respectively.