Note 3 - Property, Plant and Equipment

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note 3 – Property, Plant and Equipment:

	March 31,			December 31,
	2022			2021
Refrigeration Equipment	$	123,208		$	122,063
Machinery and Equipment		144,957			140,471
Building, Land, and Improvements		152,608			150,927
Furniture and Office Equipment		8,252			8,844
Leasehold Improvements		1,319			1,319
Construction in Progress		354,712			273,880
		785,056			697,504
Less: Accumulated Depreciation		(121,213	)		(113,582	)
Property, plant and equipment, net	$	663,844		$	583,922

Depreciation expense related to property, plant and equipment totaled $7,947 for the three months ended March 31, 2022, of which $4,701 was recorded to cost of goods sold for the three months ended March 31, 2022, with the remainder of depreciation and amortization expense recorded to selling, general and administrative expense.

Depreciation expense related to property, plant and equipment totaled $6,585 for the three months ended March 31, 2021, of which $3,800 was recorded to cost of goods sold for the three months ended March 31, 2021, with the remainder of depreciation and amortization expense recorded to selling, general and administrative expense.