Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.6.0.2
Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

NOTE 3 – PROPERTY, PLANT AND EQUIPMENT

 

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

 

    December 31,      
    2016     2015     Estimated Useful Life
                 
Land   $ 504     $ 504      
Buildings and improvements     3,016       3,016     10 - 39 years
Machinery and equipment     4,274       3,623     3 - 7 years
Computer equipment and software     319       319     3 - 5 years
Furniture and fixtures     196       196     5 years
      8,309       7,658      
                     
Less: Accumulated depreciation     5,134       4,708      
    $ 3,175     $ 2,950      

 

Depreciation expense for Fiscal 2016, 2015 and 2014 was $426,000, $367,000 and $277,000, respectively.