Properties, Plant and Equipment

6 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

Properties, Plant and Equipment

Properties, Plant and Equipment

Properties, plant and equipment consisted of the following:

	June 30, 2020			December 31, 2019
Land and building	$	9,140,805		$	9,140,805
Vehicle and equipment	2,267,916			2,267,916
Processing and laboratory	21,113,177			21,113,177
Furniture and fixtures	549,860			549,860
	33,071,758			33,071,758
Less accumulated depreciation	(25,420,263		)	(25,136,737		)
Total properties, plant and equipment	$	7,651,495		$	7,935,021

During the three and six-month periods ended June 30, 2020, the Company recognized depreciation expense of $0.1 million and $0.3 million, respectively. During the three and six month periods ended June 30, 2019, the Company recognized depreciation expense of $0.7 million and $1.1 million, respectively.