Note 4 - Assets Held for Rent

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Assets Held For Rent [Text Block]

4. Assets held for rent

Assets held for rent consist of the following at December 31, 2020 and 2019:

(In thousands)	2020			2019
Shippers placed in service	$	3,171		$	3,073
Accumulated depreciation		(411	)		(174	)
Net		2,760			2,899
Shippers and related components in production		1,945			1,023
Total	$	4,705		$	3,922

Shippers and related components in production include shippers complete and ready to be deployed and placed in service upon a customer order, shippers in the process of being assembled, and components available to build shippers. We recognized $671,000 and $174,000 in depreciation expense related to assets held for rent during the year ended December 31, 2020 and 2019, respectively.