Annual report pursuant to Section 13 and 15(d)

8. Property and Equipment

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

Property and equipment consists of the following:

 

    March 31,  
    2017     2016  
Manufacturing, lab, and other equipment   $ 3,319,000     $ 3,075,000  
Office equipment     324,000       298,000  
Furniture and fixtures     91,000       83,000  
Leasehold improvements     536,000       307,000  
      4,270,000       3,763,000  
Less: accumulated depreciation and amortization     (3,031,000 )     (2,913,000 )
    $ 1,239,000     $ 850,000  

 

Depreciation and amortization expense amounted to $248,000 and $244,000 for the years ended March 31, 2017 and 2016, respectively.

 

During the year ended March 31, 2017 and 2016, the Company realized a loss of $10,000 on the disposal of property and equipment. This amount was recorded within operating expenses in the accompanying consolidated statements of comprehensive income (loss).