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Property, Plant and Equipment
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment  
Property, Plant and Equipment

Note C – Property, Plant and Equipment

 

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

 

 

 

March 31, 2023*

 

 

December 31, 2022

 

 

 

 

 

 

 

 

Land

 

$0

 

 

$102,000

 

Buildings and improvements

 

 

0

 

 

 

1,352,000

 

Manufacturing and warehouse equipment

 

 

0

 

 

 

2,110,000

 

Office equipment (incl. furniture and fixtures)

 

 

0

 

 

 

412,000

 

 

 

 

0

 

 

 

3,976,000

 

Less accumulated depreciation

 

 

0

 

 

 

(3,510,000)

 

 

$0

 

 

$466,000

 

 

*On February 28, 2023, the Company sold substantially all of its assets to Healgen, including its property, plant and equipment.