v3.26.3
Note 8 - Property and Equipment
 9 Months Ended
Sep. 30, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

8. PROPERTY AND EQUIPMENT

 

Property and equipment were comprised of the following:

 

 

  

September 30,

  

December 31,

 
  

2026

  

2025

 
         

Land, building, and improvements

 $9,610  $9,613 

Machinery and equipment

  1,537   1,304 

Computer equipment

  277   272 

Office equipment, furnishings, and improvements

  53   51 

Total

  11,477   11,240 

Accumulated depreciation

  (4,342)  (4,190)

Total

 $7,135  $7,050 

 

Depreciation expense for three and nine months ended  September 30, 2026, respectively, were $89 and $313. Depreciation expense for three and nine months ended  September 30, 2025, respectively, were $78 and $233. Such amounts were included in selling, marketing, general, and administrative expenses within Company’s consolidated statements of operations.

 

During the nine months ended September 30, 2026, the Company disposed of equipment with a cost and accumulated depreciation of $90. 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 nine months ended September 30, 2026, respectively.

During the three months ended September 30, 2026, the Company disposed of leasehold improvements with an original cost of $293 and accumulated depreciation of $73, resulting in the recognition of a loss on disposal of leasehold improvements of $220 for the three months ended September 30, 2026.