XML 23 R13.htm IDEA: XBRL DOCUMENT v3.22.2
Property, Plant and Equipment, net
6 Months Ended
Jun. 30, 2022
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:

 

In thousands

 

June 30
2022

 

December 31
2021

Machinery, fixtures and equipment

 

$

2,920

 

$

2,908

Leaseholds and improvements

 

23

 

23

 

 

 

2,943

 

 

2,931

Less accumulated depreciation

 

1,107

 

 

981

Net property, plant and equipment

 

$

1,836

 

$

1,950

 

Machinery, fixtures and equipment having a net book value of $1.8 million and $2.0 million at June 30, 2022 and December 31, 2021, respectively, were pledged as collateral under various financing agreements.

 

Depreciation expense for property, plant and equipment for the six months ended June 30, 2022 and 2021 was $126,000 and $131,000, respectively.  Depreciation expense for property, plant and equipment for the three months ended June 30, 2022 and 2021 was $63,000 and $66,000, respectively.