v3.26.1
Note 5 - Property and Equipment
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

Note 5. Property and equipment

 

The components of property and equipment, net, as of March 31, 2026 and  December 31, 2025 were as follows (in thousands):

 

  

March 31,

  

December 31,

 
  

2026

  

2025

 

Land

 $3,734  $3,734 

Buildings

  15,980   15,980 

Site improvements

  494   494 

Tenant improvements

  3,468   3,468 

Furniture and equipment

  891   891 

Construction in progress

  25   25 

Other

  181   193 

Gross property and equipment

 $24,773  $24,785 

Accumulated depreciation

  (4,370)  (4,139)

Property and equipment, net

 $20,403  $20,646 

 

Depreciation expense for property and equipment was $0.2 million for the three months ended March 31, 2026 and 2025.