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PROPERTY PLANT AND EQUIPMENT NET
12 Months Ended
Dec. 31, 2023
PROPERTY PLANT AND EQUIPMENT NET  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 4 – PROPERTY, PLANT AND EQUIPMENT, NET

 

 

 

December 31,

2023

 

 

December 31,

2022

 

(in thousands)

 

 

 

 

 

 

Leasehold improvements

 

$394

 

 

$404

 

Equipment

 

 

4,977

 

 

 

4,683

 

Sales demonstration equipment

 

 

1,396

 

 

 

1,066

 

 

 

 

6,767

 

 

 

6,153

 

Less accumulated depreciation

 

 

5,408

 

 

 

5,081

 

Property and equipment, net

 

$1,359

 

 

$1,072

 

 

Total depreciation expense recorded for 2023 and 2022 was $608,000 and $560,000, respectively.