Quarterly report pursuant to sections 13 or 15(d)

Property and Equipment

v2.4.0.6
Property and Equipment
9 Months Ended
Dec. 31, 2011
Property and Equipment
  6. Property and Equipment

 

    December 31     March 31,  
    2011     2011  
             
Equipment   $ 1,014     $ 1,006  
Furniture & fixtures     323       328  
Leasehold improvements     140       140  
                 
      1,477       1,474  
Accumulated depreciation     (1,212 )     (1,086 )
                 
Net Property and Equipment   $ 265     $ 388  

 

Depreciation expense for continuing operations was $45 and $74 in the three months ended December 31, 2011 and 2010 and $160 and $227 in the nine months ended December 31, 2011 and 2010, respectively. Depreciation expense for discontinued operations was $0 and $0 in the three months ended December 31, 2011 and 2010 and $0 and $27 in the nine months ended December 31, 2011 and 2010, respectively.