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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

NOTE 5 - PROPERTY, PLANT AND EQUIPMENT

 

  a. Composition of assets, grouped by major classifications, is as follows:

 

   2025   2024 
   December 31, 
   2025   2024 
   ($ in thousands) 
Cost:        
Computer equipment  $949   $726 
Office furniture and equipment   595    464 
Machinery and equipment   3,678    2,640 
Leasehold improvements   1,087    861 
Property plant and equipment, gross   6,309    4,691 
Less - accumulated depreciation   (2,725)   (2,320)
Net carrying amount  $3,584   $2,371 

 

  b.

Depreciation and amortization expenses totaled approximately $476,000 and $280,000 for the years ended December 31, 2025, and 2024, respectively, excluding fixed assets that the company purchased that are not yet ready for use and, therefore not depreciated.