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Property and Equipment
12 Months Ended
Dec. 31, 2022
Property and Equipment  
Property and Equipment

1. PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following (in thousands):

 

 

 

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Land and land improvements

 

$7,245

 

 

$7,105

 

Buildings and improvements

 

 

9,536

 

 

 

9,470

 

Machinery and equipment

 

 

15,139

 

 

 

14,394

 

Rental equipment

 

 

10,264

 

 

 

6,187

 

 

 

 

 

 

 

 

 

 

 

 

 

42,184

 

 

 

37,156

 

Less: accumulated depreciation and amortization

 

 

(17,060 )

 

 

(15,230 )

 

 

 

 

 

 

 

 

 

 

 

$25,124

 

 

$21,926

 

 

Depreciation expense and amortization (in thousands) was approximately $2,892 and $2,671 for the years ended December 31, 2022 and 2021, respectively.