Property, Plant, Equipment and Rental Assets |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2023 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Property, Plant, Equipment and Rental Assets |
7. Property, Plant, Equipment and Rental Assets Property, plant, equipment and rental assets consisted of the following (in thousands):
The Company regularly assesses the useful lives of property and equipment and retires assets no longer in service. Depreciation expense for property, plant, equipment and rental assets was $1.0 million and $0.9 million for the three months ended December 31, 2023 and 2022, respectively. Depreciation expense for property, plant, equipment and rental assets was $3.0 million and $2.3 million for the nine months ended December 31, 2023 and 2022, respectively |
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- References No definition available.
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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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