Note 7 - Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Summary of Property and Equipment

Depreciation is computed using the straight-line method over the following estimated useful lives (in years):

Asset	Minimum		Maximum
Buildings			40
Research and development equipment	3	to	7
Office equipment	2	to	10
Furniture and fixtures	2	to	10
Vehicles	5	to	10

The Company’s property and equipment consisted of the following (in thousands):

	December 31, 2025			December 31, 2024
Building	$	1,770		$	1,770
Land		917			917
Equipment		15,457			11,423
Leasehold improvements		3,864			3,570
Construction in progress1		60,793			42,601
Property and equipment		82,801			60,281
Less accumulated depreciation		(6,204	)		(2,960	)
Property and equipment, net	$	76,597		$	57,321

1.Property and equipment not placed in service are items that meet the capitalization threshold, or which management believes will meet the threshold at the time of completion and which have yet to be placed into service as of the date of the balance sheets and, therefore, no depreciation expense has been recognized.