Property, Plant and Equipment, net

9 Months Ended

Sep. 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	September 30 2022		December 31 2021
Machinery, fixtures and equipment	$	2,920	$	2,908
Leaseholds and improvements		23		23
		2,949		2,931
Less accumulated depreciation		1,170		981
Net property, plant and equipment	$	1,779	$	1,950

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

Depreciation expense for property, plant and equipment for the nine months ended September 30, 2022 and 2021 was $189,000 and $187,000, respectively.  Depreciation expense for property, plant and equipment for the three months ended September 30, 2022 and 2021 was $63,000 and $56,000, respectively.