NATURAL GAS SERVICES GROUP INC
For the period ended Mar 31, 2025. Filed May 12, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 12, 2025
NGS$28.74-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Property and Equipment
- Property and Equipment
The following table summarizes our property and equipment as of the dates presented:
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Land | $1,680 | $1,680 |
| Building | 19,140 | 19,140 |
| Leasehold improvements | 1,346 | 1,346 |
| Office equipment and furniture | 2,057 | 2,057 |
| Software | 898 | 589 |
| Machinery and equipment | 4,754 | 4,430 |
| Vehicles | 13,048 | 12,739 |
| Work-in-progress | 104 | 168 |
| 43,027 | 42,149 | |
| Less accumulated depreciation | (19,457) | (19,160) |
| Total | $23,570 | $22,989 |
Depreciation expense for property and equipment was $0.9 million and $0.5 million for the three months ended March 31, 2025, and 2024, respectively.
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