v3.26.1
Note 5 - Property and Equipment
 6 Months Ended
Jun. 30, 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 June 30, 2026 and  December 31, 2025 were as follows (in thousands):

 

   

June 30,

    

December 31,

  
   

2026

    

2025

  

Land

   $ 3,734     $ 3,734  

Buildings

     15,980       15,980  

Site improvements

     494       494  

Tenant improvements

     3,516       3,468  

Furniture and equipment

     891       891  

Construction in progress

     —       25  

Other

     170       193  

Gross property and equipment

   $ 24,785     $ 24,785  

Accumulated depreciation

     (4,605 )     (4,139 )

Property and equipment, net

   $ 20,180     $ 20,646  

 

Depreciation expense for property and equipment was $0.3 and $0.2 million for the three months ended June 30, 2026 and 2025.

 

Depreciation expense for property and equipment was $0.5 and $0.4 million for the six months ended June 30, 2026 and 2025.