Property, Plant and Equipment, net

3 Months Ended

Mar. 31, 2023

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	March 31 2023		December 31 2022
Machinery, fixtures and equipment	$	2,856	$	2,856
Leaseholds and improvements		23		23
		2,879		2,879
Less accumulated depreciation		1,227		1,164
Net property, plant and equipment	$	1,652	$	1,715

Machinery, fixtures and equipment having a net book value of $1.7 million at both March 31, 2023 and December 31, 2022 were pledged as collateral under various financing agreements.

Depreciation expense for property, plant and equipment for both of the three months ended March 31, 2023 and 2022 was $63,000.