Property, Plant and Equipment, Net

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, Net

NOTE 6 – Property, Plant and Equipment, net

Property, plant and equipment, net is comprised of the following:

	As of
	March 31,			December 31,
	2023			2022
Land and land improvements	$	1,100		$	1,100
Buildings and improvements		73,383			71,938
Machinery and equipment		258,610			258,159
Less: Accumulated depreciation		(236,813	)		(233,897	)
Property, plant and equipment, net	$	96,280		$	97,300

Depreciation expense for the three months ended March 31, 2023 and March 31, 2022 was $4,407 and $4,368, respectively.