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PROPERTY, PLANT AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

The following table summarizes property, plant and equipment as of December 31, 2023 and 2022:

 

 

 

As of December 31,

 

 

 

2023

 

 

2022

 

Furniture, fixtures, computer hardware and computer software

 

$

468,588

 

 

$

482,235

 

Leasehold improvements

 

 

15,995

 

 

 

87,957

 

Manufacturing machinery and equipment

 

 

20,661,222

 

 

 

21,739,504

 

Manufacturing machinery and equipment, in progress

 

 

32,087

 

 

 

280,473

 

Depreciable property, plant and equipment

 

 

21,177,892

 

 

 

22,590,169

 

Less: Accumulated depreciation and amortization

 

 

(20,131,008

)

 

 

(22,038,508

)

Net property, plant and equipment

 

$

1,046,884

 

 

$

551,661