Note 5 - Property, Plant and Equipment

12 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note

5

– Property, Plant and Equipment

Major classes of property, plant and equipment consist of the following:

	2015			2014
Land	$	2,220,000		$	2,220,000
Buildings		6,631,039			6,631,039
Building improvements		5,615,823			5,577,248
Machinery and equipment		2,381,964			2,333,129
Furniture and fixtures		721,919			712,549
Computer equipment		701,367			636,819
Transportation equipment		65,994			65,994
Lab equipment		1,972,838			1,564,082
Totals at cost		20,310,944			19,740,860
Less: Accumulated depreciation and amortization		(5,517,021	)		(4,715,577	)
	$	14,793,923		$	15,025,283
Depreciation and amortization expense (1)	$	826,529		$	797,928

(1) Includes amortization expense of $24,759 and $20,007 for the years ending December 31,  2015 and 2014, respectively. Such amortization expense relates to other capitalized and  intangible assets.