Note 4 - Property, Plant and Equipment

9 Months Ended

Sep. 30, 2023

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):

	September 30,			December 31,
	2023			2022
Fixed Assets
Computers	$	779		$	780
Furniture, fixtures, and equipment		610			610
Vehicles		166			0
Leasehold improvements		3,086			101
Total fixed assets		4,641			1,491
Less: accumulated depreciation		(1,123	)		(1,006	)
Total fixed assets, net		3,518			485
Project Assets (not placed in service)
Rio Grande LNG Facility		1,710,278			197,144
Pipeline		—			21,017
Total Project Assets		1,710,278			218,161
Total property, plant and equipment, net	$	1,713,796		$	218,646

Depreciation expense was $42 thousand and $41 thousand for the three months ended  September 30, 2023 and 2022, respectively, and $117 thousand and $129 thousand for the nine months ended  September 30, 2023 and 2022, respectively.