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Note 4 - Property and Equipment
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

4. Property and Equipment

 

Property and equipment consists of the following:

 

   

As of December 31,

 
   

2023

   

2022

 
   

(in thousands)

 

Computer hardware

  $ 5,319     $ 5,689  

Machinery and equipment

    16,942       22,104  

Building and leasehold improvements

    20,981       15,232  
                 

Gross property and equipment

    43,242       43,025  

Less accumulated depreciation

    (21,488 )     (25,124 )
                 

Property and equipment, net

  $ 21,754     $ 17,901  

 

During the years ended December 31, 2023, 2022 and 2021 we wrote off fully depreciated assets with gross values of $7.1 million, $0.5 million and $0.1 million, respectively.

 

Depreciation expense is as follows:

 

   

Year ended December 31,

 
   

2023

   

2022

   

2021

 
           

(in thousands)

         
                         

Depreciation expense

  $ 3,423     $ 3,250     $ 3,280