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Property, Plant and Equipment
3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

NOTE 4. PROPERTY, PLANT AND EQUIPMENT

 

Property, plant and equipment are comprised of the following:

 

    March 31, 2019     December 31, 2018  
Land   $ 880,416     $ 880,416  
Buildings     4,847,778       4,847,778  
Building improvements     755,039       755,039  
Machinery and equipment     9,137,705       8,816,880  
Office equipment, fixtures and software     518,806       518,806  
Transportation assets     811,378       811,378  
      16,951,122       16,630,297  
Accumulated depreciation     (8,785,786 )     (8,404,288 )
    $ 8,165,336     $ 8,226,009  

 

Depreciation expense related to property, plant and equipment for the three months ended March 31, 2019 and 2018 was $399,438 and $324,360, respectively. The increase in machinery and equipment was mostly the result of building a tool inventory for the Middle East operations.