Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.19.1
Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 4 – Property, Plant and Equipment

 

The components of property and equipment are as follows (in thousands):

 

    December 31,     December 31,      
    2018     2017     Estimated Useful Life
Land   $ 504     $ 504      
Leasehold improvements     3,059       3,059     10-39 years
Machinery     4,126       4,099     3-7 years
Computer equipment     457       355     3-5 years
Furniture and fixtures     207       197     5 years
      8,353       8,213      
Less: accumulated depreciation     (5,854 )     (5,471 )    
Total property, plant and equipment, net   $ 2,499     $ 2,742      

 

Depreciation expense incurred for Fiscal 2018 and 2017 (i) from continuing operations were $383,000 and $315,000, respectively, and (ii) attributed to and classified as discontinued operations of $0 and $22,000, respectively.