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Note 8 - Property, Plant and Equipment
12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

(8)      Property, Plant and Equipment

 

Property, plant and equipment consists of the following (in thousands):

 

   

December 31,

 
   

2022

   

2021

 

Land and land improvements

  $ 43     $ 43  

Buildings and building improvements

    8,044       7,863  

Machinery, equipment, furniture and fixtures

    66,037       61,050  

Construction in progress

    2,048       858  
      76,172       69,814  

Accumulated depreciation

    (60,640 )     (55,674 )

Property plant and equipment, net

  $ 15,532     $ 14,140  

 

Depreciation expense, including amortization of assets recorded under finance leases, totaled approximately $3,088,000 and $2,646,000 for the years ended December 31, 2022 and 2021, respectively. Capital expenditures included in accounts payable or accrued liabilities were not material as of December 31, 2022 and 2021, respectively.

 

 

Included within property, plant and equipment were assets under finance leases as follows (in thousands):

 

   

December 31,

 
   

2022

   

2021

 

Buildings and building improvements

  $ 3,045     $ 2,864  

Machinery, equipment, furniture and fixtures

    3,432       3,048  
      6,477       5,912  

Accumulated depreciation

    (2,712

)

    (1,896

)

Net

  $ 3,765     $ 4,016