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Note 5 - Property, Plant and Equipment
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
Note
5
– Property, Plant and Equipment
 
Major classes of property, plant and equipment consist of the following:
 
   
2016
   
2015
 
Land
  $
2,220,000
    $
2,220,000
 
Buildings
   
6,631,039
     
6,631,039
 
Building improvements
   
5,615,823
     
5,615,823
 
Machinery and equipment
   
2,671,333
     
2,381,964
 
Furniture and fixtures
   
547,144
     
721,919
 
Computer equipment
   
479,534
     
701,367
 
Transportation equipment
   
65,994
     
65,994
 
Lab equipment
   
1,975,533
     
1,972,838
 
Totals at cost
   
20,206,400
     
20,310,944
 
Less: Accumulated depreciation and amortization
   
(5,861,476
)    
(5,517,021
)
Property, plant and equipment, net   $
14,344,924
    $
14,793,923
 
                 
Depreciation and amortization expense (1)
  $
813,657
    $
826,529
 
 
 
(1)
Includes amortization expense of
$31,356
and
$24,759
for the years ending
December
31,
2016
and
2015,
respectively. Such amortization expense relates to other capitalized and
 intangible assets.