XML 24 R12.htm IDEA: XBRL DOCUMENT
v3.21.1

Property and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2020
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT | Note 6. PROPERTY AND EQUIPMENT The components of property and equipment at December 31, consisted of the following:
|  | December 31, |  |  | December 31, |
|  | 2020 |  |  | 2019 |
Land |  | $ | 300,000 |  |  | $ | 300,000 |
Buildings and Improvements |  |  | 1,683,000 |  |  |  | 1,650,000 |
Machinery and Equipment |  |  | 21,686,000 |  |  |  | 18,450,000 |
Finance Lease Machinery and Equipment |  |  | 78,000 |  |  |  | 296,000 |
Tools and Instruments |  |  | 12,116,000 |  |  |  | 11,021,000 |
Automotive Equipment |  |  | 200,000 |  |  |  | 177,000 |
Furniture and Fixtures |  |  | 290,000 |  |  |  | 290,000 |
Leasehold Improvements |  |  | 855,000 |  |  |  | 530,000 |
Computers and Software |  |  | 436,000 |  |  |  | 425,000 |
Total Property and Equipment |  |  | 37,644,000 |  |  |  | 33,139,000 |
Less: Accumulated Depreciation |  |  | (28,063,000 | ) |  |  | (25,561,000 | )
Property and Equipment, net |  | $ | 9,581,000 |  |  | $ | 7,578,000 |
Depreciation expense for the years ended December 31, 2020 and 2019 was approximately $2,570,000 and $3,002,000, respectively. Assets held under finance lease obligations are depreciated over the shorter of their related lease terms or their estimated productive lives. Depreciation of assets under finance leases is included in depreciation expense for 2020 and 2019. Accumulated depreciation on these assets was approximately $28,000 and $289,000 as of December 31, 2020 and 2019, respectively.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration