NATURAL GAS SERVICES GROUP INC
For the period ended Dec 31, 2024. Filed Mar 17, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 17, 2025
NGS$28.74-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
6. Property and Equipment
- Property and Equipment, net
The following table summarizes our property and equipment as of the dates presented:
| December 31, | |||
|---|---|---|---|
| Useful Lives (Years) | 2024 | 2023 | |
| Land | — | $1,680 | $1,680 |
| Building | 39 | 19,140 | 19,140 |
| Leasehold improvements | 39 | 1,346 | 1,295 |
| Office equipment and furniture | 5 | 2,057 | 2,039 |
| Software | 5 | 589 | 573 |
| Machinery and equipment | 7 | 4,430 | 4,113 |
| Vehicles | 3 | 12,739 | 8,770 |
| Work-in-progress | 168 | 589 | |
| 42,149 | 38,199 | ||
| Less accumulated depreciation | (19,160) | (17,649) | |
| Total | $22,989 | $20,550 | |
Depreciation expense for property and equipment was $2.4 million, $2.4 million and $2.1 million for the years ended December 31, 2024, 2023 and 2022, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.