Note 5 - Property, Plant and Equipment

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note 5 — Property, Plant and Equipment

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

	December 31,			December 31,
	2021			2020
Fixed Assets
Computers	$	633		$	487
Furniture, fixtures, and equipment		464			464
Leasehold improvements		101			101
Total fixed assets		1,198			1,052
Less: accumulated depreciation		(844	)		(660	)
Total fixed assets, net		354			392
Terminal and Pipeline Assets (not placed in service)
Terminal		152,445			140,253
Pipeline		21,017			21,017
Total Terminal and Pipeline assets		173,462			161,270
Total property, plant and equipment, net	$	173,816		$	161,662

Depreciation expense for the years ended  December 31, 2021 and 2020 was $184 thousand and $196 thousand, respectively.