Note 3 - Property, Plant and Equipment, Net

3 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note 3 – Property, Plant and Equipment, net:

	March 31,			December 31,
	2024			2023
Refrigeration Equipment	$	178,367		$	167,956
Machinery and Equipment		246,114			242,256
Building, Land, and Improvements		542,137			535,003
Furniture and Office Equipment		15,319			14,987
Leasehold Improvements		1,319			1,319
Construction in Progress		210,404			187,952
Finance Lease Right of Use Asset		28,478			29,187
		1,222,138			1,178,660
Less: Accumulated Depreciation and Amortization		(216,379	)		(199,496	)
Property, Plant and Equipment, net	$	1,005,759		$	979,164

Depreciation and amortization expense related to property, plant and equipment for the three months ended March 31, 2024 totaled $15,806, of which $11,351, was recorded to cost of goods sold with the remainder of depreciation expense recorded to selling, general and administrative expense.

Depreciation expense related to property, plant and equipment for the three months ended March 31, 2023 totaled $14,394, of which $10,721, was recorded to cost of goods sold with the remainder of depreciation expense recorded to selling, general and administrative expense.