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Note 6 - Property and Equipment
6 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

NOTE 6. PROPERTY AND EQUIPMENT

 

The following table details the components of property and equipment (amounts in thousands).

 

  

June 30,

  

December 31

     
  

2022

  

2021

 

Estimated Useful Lives

 

Land

 $730  $730     

Furniture and fixtures

  259   265 

5

-10 years 

Plant

  10,082   10,457 

20

-40 years, or life of lease 

Computer and software

  450   452 

3

-5 years 

Leasehold improvements

  1,838   1,828 

4

-15 years, or life of lease 

Machinery and equipment

  15,266   15,115 

5

-15 years 

Property and equipment, cost

  28,625   28,847     

Less accumulated depreciation

  13,810   13,403     

Property and equipment, net

 $14,815  $15,444     

 

Amounts payable for property and equipment included in accounts payable totaled $0.1 million at June 30, 2022, and $0.2 million at December 31, 2021. Assets which had not yet been placed in service, included in property and equipment, totaled $0.8 million at June 30, 2022, and $0.9 million at December 31, 2021.