Note 8 - Property and Equipment

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

8

.

Property and

Equipment

Property and equipment consist of the following:

	December 31,
	2019			2018
Land, building, and improvements	$	9,495		$	9,039
Machinery and equipment		1,482			5,745
Computer equipment		272			282
Office equipment, furnishings, and improvements		63			181
Total		11,312			15,247
Accumulated depreciation		(2,493	)		(3,480	)
Total property and equipment, net	$	8,819		$	11,767

Depreciation expense for the years ended

December 31, 2019

and

2018

was

$1,046

and

$992,

respectively. For the year ended

December 31, 2019,

$82

of depreciation expense was included in cost of sales and

$964

was included in selling, marketing, general and administrative expenses. For the year ended

December 31, 2018,

$76

of depreciation expense was included in cost of sales and

$916

was included in selling, marketing, general and administrative expenses.

The

2019

Restructuring Plan involves, among other actions, the disposal and/ or cessation of use of the Company’s manufacturing equipment. The implications of the

2019

Restructuring Plan, including asset groupings and future use, were incorporated into the Company’s periodic review of its long-lived assets for impairment and the Company recorded non-cash impairment charges of

$1,676,

during the

three

months ended

June 30, 2019.

Additionally, the remaining useful life, for depreciation purposes, of the Company’s machinery and equipment was adjusted to align with the cessation of use contemplated under the

2019

Restructuring Plan.

During the year ended

December 31, 2019,

the Company disposed of certain equipment that it was

not

expecting to utilize prospectively, as part of the

2019

Restructuring Plan, for gross proceeds of

$282.

This resulted in a gain on disposal of

$11

during the year ended

December 31, 2019.