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Note 4 - Property, Plant and Equipment
6 Months Ended
Jun. 30, 2021
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 4 — Property, Plant and Equipment

 

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

 

  

June 30,

  

December 31,

 
  

2021

  

2020

 

Fixed Assets

        

Computers

 $487  $487 

Furniture, fixtures, and equipment

  464   464 

Leasehold improvements

  101   101 

Total fixed assets

  1,052   1,052 

Less: accumulated depreciation

  (753)  (660)

Total fixed assets, net

  299   392 

Project Assets (not placed in service)

        

Terminal

  146,776   140,253 

Pipeline

  21,101   21,017 

Total Terminal and Pipeline assets

  167,877   161,270 

Total property, plant and equipment, net

 $168,176  $161,662 

 

Depreciation expense was $45 thousand and $64 thousand for the three months ended  June 30, 2021 and 2020, respectively, and $93 thousand and $80 thousand for the six months ended June 30, 2021 and 2020, respectively.