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Property, Plant and Equipment, net
6 Months Ended
Jun. 30, 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

June 30

2023

 

December 31

2022

 

Machinery, fixtures and equipment

$

3,104

 

$

2,856

Leaseholds and improvements

 

23

 

 

23

 

 

3,127

 

 

2,879

Less accumulated depreciation

 

1,289

 

 

1,164

Net property, plant and equipment

$

1,838

 

$

1,715

 

Machinery, fixtures and equipment having a net book value of $1.8 million and $1.7 million at June 30, 2023 and December 31, 2022, respectively, were pledged as collateral under various financing agreements.

 

Depreciation expense for property, plant and equipment for the six months ended June 30, 2023 and 2022 was $125,000 and $126,000, respectively.  Depreciation expense for property, plant and equipment for the three months ended June 30, 2023 and 2022 was $62,000 and $63,000, respectively.