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Property, Plant, and Equipment
12 Months Ended
Mar. 31, 2017
Property Plant And Equipment [Abstract]  
Property, Plant, and Equipment

NOTE 4 — PROPERTY, PLANT, AND EQUIPMENT:

As of March 31, 2017 and 2016, property, plant and equipment is comprised of the following:

 

 

 

2017

 

 

2016

 

 

 

(In thousands)

 

Computer equipment and software

 

 

323

 

 

 

338

 

Furniture and fixtures

 

 

193

 

 

 

194

 

Leasehold improvements

 

 

8

 

 

 

8

 

 

 

 

524

 

 

 

540

 

Less accumulated depreciation and amortization

 

 

(506

)

 

 

(511

)

 

 

$

18

 

 

$

29

 

 

Depreciation of property, plant, and equipment amounted to approximately $16,000 and $47,000 for the twelve months ended March 31, 2017 and 2016, respectively. During fiscal 2017, the Company disposed of property, plant and equipment with gross book values totaling approximately $19,000. The Company recognized a total net loss of approximately $1,000 on these disposals in fiscal 2017. During fiscal 2016, the Company disposed of property, plant and equipment with gross book values totaling approximately $6,000. The Company recognized a total net loss of approximately $1,000 on these disposals in fiscal 2016.