Note 9 - Equipment Held for Sale |
9 Months Ended |
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Sep. 30, 2020 | |
Notes to Financial Statements | |
Disclosure of Equipment Held-for-sale [Text Block] | 9. Equipment Held for SaleThe Company previously reclassified $585 in equipment, planned to be disposed of under the 2019 Restructuring Plan, from property and equipment to equipment held for sale on its consolidated balance sheet. The Company has executed a purchase agreement for the equipment, with a negotiated sales price of $600. The sale was finalized during the quarter ended June 30, 2020, following delivery and title transfer of the equipment to the buyer. As of September 30, 2020, the Company had received $510 in proceeds from the sale of this equipment, with the remaining $90 of the purchase price being recorded as a receivable within prepaid expenses and other current assets.During October 2020, the remaining $90 of the purchase price was received, thus completing all elements of the purchase agreement for the equipment originally held for sale. |