Property, Plant and Equipment, net

9 Months Ended

Sep. 30, 2020

Property, Plant and Equipment, net [Line Items]

Property, Plant and Equipment Disclosure [Text Block]

Note 6 – Property, Plant and Equipment, net

Property, plant and equipment consists of the following:

	September 30 2020		December 31 2019
In thousands
Machinery, fixtures and equipment	$	3,040	$	2,884
Leaseholds and improvements		23		23
		3,063		2,907
Less accumulated depreciation		805		623
Net property, plant and equipment	$	2,258	$	2,284

Machinery, fixtures and equipment having a net book value of $2.3 million at September 30, 2020 and December 31, 2019 were pledged as collateral under various financing agreements.

Depreciation expense for property, plant and equipment for the nine months ended September 30, 2020 and 2019 was $194,000 and $162,000, respectively.  Depreciation expense for property, plant and equipment for the three months ended September 30, 2020 and 2019 was $59,000 and $54,000, respectively.