Property, Plant and Equipment

9 Months Ended

Sep. 30, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Note 3 – Property, Plant and Equipment

The components of property and equipment are as follows (in thousands):

	September 30, 2019			December 31, 2018			Estimated Useful Life
Land	$	504		$	504
Building improvements		3,113			3,059		10-39 years
Machinery		4,257			4,126		3-7 years
Computer equipment		457			457		3-5 years
Furniture and fixtures		207			207		5 years
		8,538			8,353
Less: accumulated depreciation		(6,156	)		(5,854	)
Total property, plant and equipment, net	$	2,382		$	2,499

Depreciation expense incurred for the three months ended September 30, 2019 and 2018 was $100,000 and $97,000, respectively. Depreciation expense incurred for the nine months ended September 30, 2019 and 2018 was $302,000 and $287,000, respectively.