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Note 8 - Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2023
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,

  
   

2023

    

2022

  

Land and land improvements

   $ 43     $ 43  

Buildings and building improvements

     8,507       8,044  

Machinery, equipment, furniture and fixtures

     74,588       66,037  

Construction in progress

     863       2,048  
      84,001       76,172  

Accumulated depreciation

     (66,868 )     (60,640 )

Property plant and equipment, net

   $ 17,133     $ 15,532  

 

Depreciation expense, including amortization of assets recorded under finance leases, totaled approximately $3,259,000 and $3,088,000 for the years ended December 31, 2023 and 2022, respectively. Capital expenditures included in accounts payable or accrued liabilities were not material as of December 31, 2023 and 2022, respectively.

 

 

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

 

   

December 31,

  
   

2023

    

2022

  

Buildings and building improvements

   $ 3,490     $ 3,045  

Machinery, equipment, furniture and fixtures

     4,046       3,432  
      7,536       6,477  

Accumulated depreciation

     (3,799

)

     (2,712

)

Net

   $ 3,737     $ 3,765