Quarterly report pursuant to Section 13 or 15(d)

Property & Equipment, Net

v3.21.2
Property & Equipment, Net
3 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
Property & Equipment, Net

Note 4 – Property & Equipment, Net

 

Property and equipment, net, consists of the following (in thousands):

 

    June 30,     March 31,  
    2021     2021  
    (Unaudited)        
Equipment   $ 345     $ 295  
Computers     15       11  
Leasehold improvements     20       14  
Construction in progress     25      
-
 
Total     405       320  
Less accumulated depreciation and amortization     (130 )     (111 )
Property and equipment, net   $ 275     $ 209  

 

Depreciation expense for the three months ended June 30, 2021 and 2020 was approximately $19,000 and $5,000 respectively.