v3.26.1
Note 8 - Property, Plant and Equipment
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

(8)

Property, Plant and Equipment

 

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

 

   

December 31,

 
   

2025

   

2024

 

Land and land improvements

  $ 0     $ 43  

Buildings and building improvements

    6,498       7,781  

Machinery, equipment, furniture and fixtures

    71,999       67,636  

Construction in progress

    460       870  
      78,957       76,330  

Accumulated depreciation

    (62,953 )     (63,031 )

Property plant and equipment, net

  $ 16,004     $ 13,299  

 

Depreciation expense, including amortization of assets recorded under finance leases, totaled approximately $2,844,000 and $3,181,000 for the years ended December 31, 2025 and 2024, respectively. Capital expenditures included in accounts payable or accrued liabilities were not material as of December 31, 2025 and 2024, respectively.

 

Included within property, plant and equipment were assets under finance leases as follows (in thousands):

 

   

December 31,

 
   

2025

   

2024

 

Buildings and building improvements

  $ 3,725     $ 2,908  

Machinery, equipment, furniture and fixtures

    1,850       4,002  
      5,575       6,910  

Accumulated depreciation

    (612

)

    (3,610

)

Net

  $ 4,963     $ 3,300