Annual report pursuant to Section 13 and 15(d)

Note 5 - Property and Equipment

v3.21.1
Note 5 - Property and Equipment
 12 Months Ended
Dec. 31, 2020
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):
 
   
2020
  
   
Gross Assets
    
Accumulated
Depreciation
    
Total
  
Furniture, fixtures, and equipment
   $
3,742
     $
(2,018
 )   $
1,724
  
Automobiles
    
117
      
(102
 )    
15
  
Leasehold improvements
    
3,416
      
(859
 )    
2,557
  
                         
Total
   $
7,275
     $
(2,979
 )   $
4,296
  
 
   
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
  
 
Depreciation expense for property and equipment for each of the years ended
December 31, 2020
and
2019
was
$0.8
million and
$0.5
million, respectively. This expense was recorded in “general and administrative expenses” for each period.