XML 25 R9.htm IDEA: XBRL DOCUMENT v3.20.4
Property, Plant and Equipment
 12 Months Ended
Dec. 26, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

2. Property, Plant and Equipment

 

Property, plant and equipment consisted of the following at December 26, 2020 and December 28, 2019:

 

   Useful Life  2020   2019 
Equipment  3-5 years  $15,031,726   $16,344,040 
Leasehold improvements    Life of the lease   3,574,103    3,577,809 
Furniture and fixtures  3 years   101,777    101,777 
Equipment under construction      374,010    — 
       19,081,616    20,023,626 
Accumulated depreciation and amortization      (17,454,686)   (18,550,285)
Property, plant and equipment, net     $1,626,930   $1,473,341 

 

Depreciation expense for the fiscal years 2020, 2019 and 2018 was approximately $0.7 million, $0.8 million and $1.0 million, respectively.

 

During the fiscal year 2018, the Company recorded asset impairment charges of $2.5 million associated with equipment that either is not currently being utilized or will not be utilized for its remaining useful life and is not recoverable.