Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Property and Equipment, Net

v3.24.1.1.u2
Note 11 - Property and Equipment, Net
 3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 11. Property and Equipment, net

 

Property and equipment, net consisted of the following (in thousands):

 

   

March 31, 2024

    

December 31, 2023

  
   

(Unaudited)

    

(Audited)

  

Building

   $ 2,116     $ 2,116  

Vehicles

     585       595  

Office furniture and fixtures

     543       527  

Land

     184       184  

Leasehold improvements

     167       124  

Computer equipment

     117       117  

Rental equipment

     63       60  

Appliques

     2,160       2,160  

Website development

     611       587  

Construction in progress

     -       22  

Property and equipment gross

     6,546       6,492  

Less: accumulated depreciation

     (2,700 )     (2,503 )

Property and equipment, net

   $ 3,846     $ 3,989  

 

Depreciation expense was approximately $203,000 and $155,000 for the three months ended March 31, 2024 and 2023, respectively.