v3.26.1
Note 8 - Property and Equipment
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

8. PROPERTY AND EQUIPMENT

 

Property and equipment were comprised of the following:

 

  

June 30,

  

December 31,

 
  

2026

  

2025

 
         

Land, building, and improvements

 $9,903  $9,613 

Machinery and equipment

  1,391   1,304 

Computer equipment

  277   272 

Office equipment, furnishings, and improvements

  53   51 

Total

  11,624   11,240 

Accumulated depreciation

  (4,326)  (4,190)

Total

 $7,298  $7,050 

 

Depreciation expense for three and six months ended  June 30, 2026, respectively, were $119 and $224. Depreciation expense for three and six months ended  June 30, 2025, respectively, were $77 and $157. Such amounts were included in selling, marketing, general, and administrative expenses within Company’s consolidated statements of operations.

   

During the three and six months ended June 30, 2026, the Company disposed of equipment with a cost and accumulated depreciation of $0 and $90, respectively. As the net book value of the assets was zero, the company recognized a gain on disposal of $0 and $5 for the three and six months ended June 30, 2026, respectively.