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Property and Equipment
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 3 - Property and Equipment

 

The major categories of property and equipment are as follows as of December 31st:

 

 

   2022   2021 
(in thousands)          
Automobiles  $137   $124 
Furniture and office equipment   582    534 
Software and tools   1,927    1,927 
Website development and other enhancements   189    189 
Building and leasehold improvements   811    811 
Land   -    - 
    3,646    3,585 
Less accumulated depreciation   2,648    2,290 
Property and equipment, net  $998   $1,295 

 

Total depreciation expense for the years ended December 31, 2022 and 2021 was approximately $0.4 million. Depreciation expense for assets recorded under finance leases was approximately $10,000 for the years ended December 31, 2022 and 2021.

 

In December 2021, the Company sold the land, 2,300-square foot building and some office furniture located in Medina, North Dakota for $0.2 million.