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MACHINERY AND EQUIPMENT
6 Months Ended
Jun. 30, 2020
MACHINERY AND EQUIPMENT  
MACHINERY AND EQUIPMENT

NOTE 3. - MACHINERY AND EQUIPMENT

Machinery and equipment at June 30, 2020 and December 31, 2019 consisted of the following:

June 30, 

December 31, 

    

Useful Life

    

2020

    

2019

Cigarette manufacturing equipment

3 or 10 years

$

4,896

$

4,870

Office furniture, fixtures and equipment

5 Years

 

162

 

152

Laboratory equipment

5 Years

 

125

 

125

Leasehold improvements

6 Years

 

263

 

257

 

 

Less: accumulated depreciation

  

 

(2,597)

 

(2,284)

Machinery and equipment, net

  

$

2,849

$

3,120

Depreciation expense was $157 and $313 for the three and six months ended June 30, 2020, respectively ($147 and $282 for the three and six months ended June 30, 2019, respectively).