Digital Turbine, Inc. Quarterly report pursuant to sections 13 or 15(d)

Quarterly report pursuant to sections 13 or 15(d)

Property and Equipment

Property and Equipment

6 Months Ended

Sep. 30, 2011

	September 30,			March 31,
	2011			2011
Equipment	$	1,003		$	1,006
Furniture & fixtures		335			328
Leasehold improvements		140			140
		1,478			1,474
Accumulated depreciation		(1,180	)		(1,086	)
Net Property and Equipment	$	298		$	388

Depreciation expense for continuing operations was $53 and $71 in the three months ended September 30, 2011 and 2010 and $114 and $153 in the six months ended September 30, 2011 and 2010, respectively. Depreciation expense for discontinued operations was $0 and $0 in the three months ended September 30, 2011 and 2010 and $0 and $27 in the six months ended September 30, 2011 and 2010, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details