Annual report pursuant to Section 13 and 15(d)

Note 5 - Property and Equipment

v3.20.1
Note 5 - Property and Equipment
 12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
5
.
Property and Equipment
 
Property and equipment consisted of the following as of
December 
31
(in thousands):
 
   
2019
  
   
Gross Assets
    
Accumulated
Depreciation
    
Total
  
Furniture, fixtures, and equipment
   $
3,202
     $
(1,928
 )   $
1,274
  
Automobiles
    
117
      
(90
 )    
27
  
Leasehold improvements
    
3,366
      
(630
 )    
2,736
  
                         
Total
   $
6,685
     $
(2,648
 )   $
4,037
  
 
   
2018
  
   
Gross Assets
    
Accumulated
Depreciation
    
Total
  
Furniture, fixtures, and equipment
   $
3,717
     $
(3,257
 )   $
460
  
Automobiles
    
118
      
(95
 )    
23
  
Leasehold improvements
    
2,219
      
(1,257
 )    
962
  
                         
Total
   $
6,054
     $
(4,609
 )   $
1,445
  
 
Depreciation expense for each of the years ended
December 31, 2019
and
2018
was
$0.5
million and
$0.4
million, respectively, and was recorded in general and administrative expenses.