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Property and Equipment
 12 Months Ended
Dec. 31, 2024
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Note 5. PROPERTY AND EQUIPMENT

 

The components of property and equipment at December 31, consisted of the following:

 

   December 31,   December 31,     
   2024   2023     
             
Land $ 300,000  $ 300,000     
Buildings and Improvements   2,739,000    2,206,000    31.5 years 
Machinery and Equipment   25,592,000    24,552,000    5 - 8 years 
Tools and Instruments   15,238,000    14,314,000    1.5 - 7 years 
Automotive Equipment   266,000    266,000    5 years 
Furniture and Fixtures   309,000    299,000    5 - 8 years 
Leasehold Improvements   1,139,000    1,025,000    Term of lease 
Computers and Software   605,000    605,000    4 - 6  years 
Total Property and Equipment   46,188,000    43,567,000      
Less: Accumulated Depreciation   (37,379,000)   (35,519,000)     
Property and Equipment, net  $8,809,000   $8,048,000      

 

Depreciation expense for the years ended December 31, 2024 and 2023 was approximately $2,072,000 and $2,268,000, respectively.