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Property, Plant and Equipment, net
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment, net [Line Items]  
Property, Plant and Equipment Disclosure [Text Block]

Note 6 – Property, Plant and Equipment, net

 

Property, plant and equipment consists of the following:

 

June 30

2024

December 31

2023

In thousands

 

Machinery, fixtures and equipment

$

3,182

 

$

3,177

Leaseholds and improvements

 

23

 

 

23

 

 

3,205

 

 

3,200

Less accumulated depreciation

 

1,553

 

 

1,422

Net property, plant and equipment

$

1,652

 

$

1,778

 

The Company’s net property, plant and equipment was pledged as collateral under various financing agreements.

 

Depreciation expense for property, plant and equipment for the six months ended June 30, 2024 and 2023 was $131,000 and $125,000, respectively.  Depreciation expense for property, plant and equipment for the three months ended June 30, 2024 and 2023 was $66,000 and $62,000, respectively.