Property, Plant and Equipment, net

3 Months Ended

Mar. 31, 2024

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 2024		December 31 2023
Machinery, fixtures and equipment	$	3,179	$	3,177
Leaseholds and improvements		23		23
		3,202		3,200
Less accumulated depreciation		1,487		1,422
Net property, plant and equipment	$	1,715	$	1,778

The Company’s net property, plant and equipment was pledged as collateral under various financing agreements.

Depreciation expense for property, plant and equipment for the three months ended March 31, 2024 and 2023 was $65,000 and $63,000, respectively.