XML 30 R11.htm IDEA: XBRL DOCUMENT v3.25.0.1
Property, plant and equipment
12 Months Ended
Dec. 31, 2024
Property, plant and equipment  
Property, plant and equipment

Note 5 - Property, plant and equipment

Elements of property, plant and equipment are as follows:

Estimated

December 31, 

    

2024

    

2023

    

Lives

(in thousands)

Property, plant and equipment

 

  

 

  

 

  

- Land

$

1,255

$

1,255

 

  

- Land improvements

 

319

 

319

 

6-10 years

- Buildings

 

1,446

 

1,446

 

25-39 years

- Building improvements

 

3,569

 

3,467

 

25-39 years

- Cylinders

 

12,957

 

13,220

 

15-30 years

- Equipment

 

32,525

 

29,397

 

3-10 years

- Equipment under capital lease

 

315

 

315

 

5-7 years

- Vehicles

 

2,081

 

1,790

 

3-5 years

- Lab and computer equipment, software

 

3,304

 

3,233

 

2-8 years

- Furniture and fixtures

 

1,125

 

933

 

5-10 years

- Leasehold improvements

 

865

 

865

 

3-5 years

- Construction-in-Progress

 

4,237

 

2,844

 

  

Subtotal

 

63,998

 

59,084

 

  

Less: Accumulated depreciation

 

(42,444)

 

(39,709)

 

  

Total

$

21,554

$

19,375

 

  

Depreciation expense for the years ended December 31, 2024, 2023 and 2022 was $3.0 million, $3.0 million and $3.2 million, respectively, of which $2.4 million, $2.0 million and $2.0 million, respectively, were included as cost of sales in the Company’s Consolidated Income Statements.