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PROPERTY, PLANT AND EQUIPMENT (Tables)
6 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
The following table summarizes property, plant and equipment as of June 30, 2019 and December 31, 2018:
 
 
 
As of June  30,
 
As of December 31,
 
 
2019
 
2018
Building
 
$
5,828,960

 
$
5,828,960

Furniture, fixtures, computer hardware and computer software
 
489,421

 
489,421

Manufacturing machinery and equipment
 
26,628,767

 
30,302,806

Depreciable property, plant and equipment
 
32,947,148

 
36,621,187

Less: Accumulated depreciation and amortization
 
(28,628,288
)
 
(32,207,829
)
Net property, plant and equipment
 
$
4,318,860

 
$
4,413,358