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Property, Plant and Equipment
3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment  
Property, Plant and Equipment

Note 4 — Property, Plant and Equipment

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

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31,

 

 

2019

 

2018

Fixed Assets

 

 

  

 

 

  

Computers

 

$

225

 

$

164

Furniture, fixtures, and equipment

 

 

343

 

 

316

Leasehold improvements

 

 

420

 

 

420

Total fixed assets

 

 

988

 

 

900

Less: accumulated depreciation

 

 

(583)

 

 

(542)

Total fixed assets, net

 

 

405

 

 

358

Project Assets (not placed in service)

 

 

  

 

 

  

Rio Grande

 

 

84,001

 

 

80,407

Rio Bravo

 

 

11,620

 

 

11,305

Total project assets

 

 

95,621

 

 

91,712

Total property, plant and equipment, net

 

$

96,026

 

$

92,070

 

Depreciation expense for each of the three months ended March 31, 2019 and  2018 was $41 thousand and $29 thousand, respectively.