v3.26.1
Note 5 - Property and Equipment
 6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

5.

PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

  

June 30,

  

December 31,

 
  

2026

  

2025

 

Office furniture and equipment

 $275  $275 

Computer equipment and software

  332   310 

Land, buildings and leasehold improvements

  8,452   8,665 

Autos

  797   771 

Machinery and equipment

  10,294   10,404 

Total property and equipment

  20,150   20,425 

Less accumulated depreciation

  (8,194)  (7,332)

Property and Equipment, net

 $11,956  $13,093 

 

Depreciation expense during the three months ended June 30, 2026 and 2025 was $0.6 million in each period. For the six months ended June 30, 2026 and 2025, depreciation expense was $1.2 million and $1.3 million, respectively. For the three months ended June 30, 2026 and 2025, depreciation expense recognized in Operating expenses was $0.1 million in each period. For the six months ended June 30, 2026 and 2025 depreciation expense recognized in Operating expenses was $0.1 million in each period. 

 

Depreciation expense recognized in Cost of Revenues for the three months ended June 30, 2026 and 2025 was $0.5 million in each period. Depreciation recognized in Cost of Revenues for the six months ended June 30, 2026 and 2025, was $1.1 million in each period.