Quarterly report [Sections 13 or 15(d)]

Equipment Subject to Operating Lease, Net

v3.26.3
Equipment Subject to Operating Lease, Net
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Equipment Subject to Operating Lease, Net

Note 7. Equipment Subject to Operating Lease, Net

The equipment subject to operating lease consisted of the following:

 

 

 

September 30,

 

 

December 31,

 

 

2026

 

 

2025

 

 

(In thousands)

 

Equipment on lease

 

$

—

 

 

$

—

 

Equipment available for lease

 

 

1,034

 

 

 

2,500

 

Total Equipment subject to operating lease

 

$

1,034

 

 

$

2,500

 

Less: Accumulated depreciation

 

 

(540

)

 

 

(871

)

Total Equipment subject to operating lease, net

 

$

494

 

 

$

1,629

 

The total depreciation expense was less than $0.1 million and $0.1 million included in general and administrative for the three months ended September 30, 2026 and 2025, respectively. The total depreciation expense was less than $0.1 million and $0.2 million included in general and administrative for the nine months ended September 30, 2026 and 2025, respectively.