Note 6 - Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

6.

      PROPERTY, PLANT AND EQUPMENT, NET

Property, plant and equipment are recorded at cost and depreciated over their useful lives. Maintenance and repair costs are expenses as incurred. Property, plant and equipment are as follows:

	December 31, 2018		December 31, 2017
Land	$	257,205	$	235,179
Buildings and Improvements		1,709,165		2,239,763
Machinery & Equipment		13,343,878		5,091,360
Total Property, Plant & Equipment		15,310,248		7,566,302
Less: Accumulated Depreciation		2,006,133		4,242,913
Property Plant & Equipment, Net	$	13,304,115	$	3,323,389

Depreciation expense, including depreciation on capitalized leases, was

$140,006

and

$41,946

for the

three

months ended

December 31, 2017

and

2016,

respectively, and

$1,042,312

and

$350,641

for the fiscal years ended

December 31, 2018

and

September 30, 2017,

respectively.