Note 5 - Property, Plant and Equipment, Net

6 Months Ended

Jun. 30, 2014

Property, Plant and Equipment, Net [Abstract]

Property, plant and equipment consist of the following:



	Asset Lives (in years)			June 30, 2014			December 31, 2013
Machinery and equipment	3	to	15	$	13,932,828		$	13,734,528
Building and improvements		20		4,357,247			4,303,156
Vehicles	3	to	5	90,713			94,227
Furniture, fixtures, computers and software	3	to	5	1,338,793			1,317,189
Land				202,492			202,492
Construction in progress				583,154			177,473
Total property, plant and equipment				20,505,227			19,829,065
Less: accumulated depreciation				(12,832,478		)	(12,249,509		)
Property, plant and equipment, net				$	7,672,749		$	7,579,556

For the three and six months ended June 30, 2014, the Company recorded $364,264 and $741,779 of depreciation expense, respectively, as compared to $361,152 and $697,895 for the three and six months ended June 30, 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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