XML 26 R11.htm IDEA: XBRL DOCUMENT v3.19.1
Note 5 - Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2018
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:
 
   
2018
    
2017
  
                 
Land
   $
6,929,000
     $
6,929,000
  
Buildings
    
15,920,925
      
15,917,925
  
Building improvements
    
6,603,121
      
5,805,045
  
Machinery and equipment
    
3,385,357
      
3,246,877
  
Furniture and fixtures
    
611,190
      
563,959
  
Computer equipment
    
487,007
      
587,147
  
Software
    
441,376
      
427,441
  
Transportation equipment
    
65,995
      
65,994
  
Lab equipment
    
1,985,179
      
1,979,180
  
Construction in Progress
    
946,960
      
-
  
Totals at cost
   $
37,376,110
     $
35,522,568
  
                 
Less: Accumulated depreciation and amortization
    
(6,973,552
 )    
(6,683,111
 )
Property, plant and equipment, net
   $
30,402,558
     $
28,839,457
  
                 
Depreciation and amortization expense (1)
   $
1,141,161
     $
867,277
  
 
(
1
)   Includes amortization expense of
$115,800
and
$45,645
for the year ending
December 31, 2018
and the year ended
December 31, 2017,
respectively. Such amortization expense relates to other capitalized and intangibles assets.