PROPERTY AND EQUIPMENT

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4 – PROPERTY AND EQUIPMENT

Property and equipment as of June 30, 2023 and December 31, 2022 is summarized as follows:

	June 30, 2023 (000’s)			December 31, 2022 (000’s)
Computer equipment	$	512		$	397
Furniture and fixtures		109			109
Manufacturing equipment		372			372
Testing/Demo equipment		311			304
Leasehold improvements		84			84
Total		1,388			1,266
Less accumulated depreciation		(767	)		(601	)
Property and equipment, net	$	621		$	665

Property and equipment are stated at cost and depreciated using the straight-line method over their estimated useful lives of 3 to 5 years. Leasehold improvements are depreciated over the related expected lease term. When retired or otherwise disposed, the related carrying value and accumulated depreciation are removed from the respective accounts and the net difference less any amount realized from disposition is reflected in earnings.

Depreciation expenses were $86,680 and $166,148 for three and six months ended June 30, 2023 and $66,243 and $116,625 for the three and six months ended June 30, 2022, respectively.