Note 4 - Property, Plant and Equipment

6 Months Ended

Jun. 30, 2022

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,
	2022			2021
Fixed Assets
Computers	$	633		$	633
Furniture, fixtures, and equipment		549			464
Leasehold improvements		101			101
Total fixed assets		1,283			1,198
Less: accumulated depreciation		(933	)		(844	)
Total fixed assets, net		350			354
Project Assets (not placed in service)
Terminal		156,053			152,445
Pipeline		21,017			21,017
Total Terminal and Pipeline assets		177,070			173,462
Total property, plant and equipment, net	$	177,420		$	173,816

Depreciation expense was $42 thousand and $45 thousand for the three months ended  June 30, 2022 and 2021, respectively, and $89 thousand and $93 thousand for the six months ended June 30, 2022 and 2021, respectively.