Quarterly report [Sections 13 or 15(d)]

Note 7 - Property, Equipment and Leasehold Improvements

v3.25.2
Note 7 - Property, Equipment and Leasehold Improvements
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

NOTE 7  PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS

 

Property, equipment, and leasehold improvements consisted of the following:

 

   

(in thousands)

 
   

June 30,

   

December 31,

 
   

2025

   

2024

 

Furniture and Equipment

  $ 241     $ 41  

Computer Hardware

    202       52  

Leasehold Improvements

    1,729       621  

Vehicles

    230       7  

Subtotal

    2,402       721  

Less Accumulated Depreciation

    (2,145 )     (454 )

Property, Equipment and Leasehold Improvements, Net

  $ 257     $ 267  

 

Depreciation expense related to continuing operations was $0.1 million and $0.22 million for the three months ended June 30, 2025 and 2024, respectively, and $0.18 million and $0.28 million for the six months ended June 30, 2025 and 2024, respectively.