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PROPERTY PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY PLANT AND EQUIPMENT

NOTE 9 - PROPERTY PLANT AND EQUIPMENT

 

Property, plant and equipment consisted of the following as of December 31:

 

   Estimated        
   Useful Life  2021   2020 
Machinery and equipment  5-10 years  $7,005,000  $6,866,000 
Building and improvements  39 years   11,234,000    1,976,000 
Land      185,000    185,000 
Furniture and fixtures  7 years   397,000    130,000 
Software and websites  3 years   1,099,000    298,000 
Construction in progress      

4,208,000

    

33,000

 
Total Cost      24,128,000    9,472,000 
Less accumulated depreciation      6,454,000    5,372,000 
Property, plant and equipment, net     $17,674,000   $4,100,000 

 

Depreciation expense for the years ended December 31, 2021 and 2020 was $1,129,000 and $710,000 respectively.