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Property and Equipment
 9 Months Ended
Sep. 30, 2025
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Note 3. PROPERTY AND EQUIPMENT

 

The components of property and equipment at September 30, 2025 and December 31, 2024 consisted of the following:

 

   September 30,
2025		   December 31,
2024		    
            
Land and Improvements  $313,000   $300,000    
Buildings and Improvements   2,739,000    2,739,000   31.5 years
Machinery and Equipment   27,039,000    25,592,000   5 - 8 years
Tools and Instruments   15,989,000    15,238,000   1.5 - 7 years
Automotive Equipment   266,000    266,000   5 years
Furniture and Fixtures   309,000    309,000   5 - 8 years
Leasehold Improvements   1,139,000    1,139,000   Term of lease
Computers and Software   605,000    605,000   4 - 6  years
Total Property and Equipment   48,399,000    46,188,000    
Less: Accumulated Depreciation   (38,517,000)   (37,379,000)   
Property and Equipment, net  $9,882,000   $8,809,000    

 

Depreciation expense for the three months ended September 30, 2025 and 2024 was $627,000 and $511,000, respectively. Depreciation expense for the nine months ended September 30, 2025 and 2024 was $1,814,000 and $1,533,000, respectively.