Property, Plant and Equipment

6 Months Ended

Jun. 30, 2021

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Note 4 – Property, Plant and Equipment

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

	June 30, 2021			December 31, 2020			Estimated Useful Life
Land	$	352		$	352
Building improvements		1,859			1,729		10-39 years
Machinery		4,669			4,441		3-7 years
Lab equipment		4,316			1,002		3-7 years
Computer equipment		1,182			881		3-5 years
Furniture and fixtures		457			194		5 years
		12,835			8,599
Less: accumulated depreciation		(5,921	)		(5,021	)
Total property, plant and equipment, net	$	6,914		$	3,578

Depreciation expense incurred for the six months ended June, 2021 and 2020 was $900,000 and $167,000, respectively. Depreciation expense for the three months ended June 30, 2021 and 2020 was $474,000 and $900,000, respectively.